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Joined: 2009-01-23
Points: 321
OfflineName:
Dallin
dallinn
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OfflineTopics I've Participated In
| Title | Poster | Replies | Updated |
|---|---|---|---|
| CREDIT | Anitarny | 75 | 1 day 18 hours ago |
| Real Estate Investor Training—Short Sales | sistreat | 41 | 1 week 3 days ago |
| INTERVIEW WORKSHEET - For Finding A Realtor | Anitarny | 28 | 2 weeks 3 days ago |
| SF Rehabilitation Loan Program (203k) | rhuges | 2 | 7 weeks 2 days ago |
| What Is Owner Financing | Anitarny | 87 | 7 weeks 5 days ago |
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Mainly Just This One
NEWS: U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs
The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages.
The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world. It’s 13 times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office data, and is almost enough to pay off every home mortgage loan in the U.S., calculated at $10.5 trillion by the Federal Reserve.
This story can be found at: http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok