Fix Housing First: The American housing market is pulling down the entire economy and we need to "Fix Housing First". The value of every American home is dropping in value each day and we need to stop the devaluation of housing. We have thousands of American construction workers out of jobs with the risk of even more job lost in the future. 
 
A new housing stimulus package is the answer for America because we need to "Fix Housing First".  The housing stimulus packagewould give buyers an incentive to buy now and not wait for next year to buy a home.  This would also solve some of the problems with foreclosures because you would be giving reasons to buy now. 
 
VISIT: www.FixHousingFirst.com for more information.

What Caused Our Economic Crisis?

George Bush first proposed a federal bailout rescue bill to help companies on wall street that where failing. The Federal Rescue bill did not make it in the House of Representives but the Senate did pass a rescue bill that then moved back to the House of Representives and was approved

The federal rescue plan has grown to over one hundred pages and has strict provisions on how the money can be spent. It also contain provisions that we would all call pork. It makes it possible for House and Senate members to vote for the bill.

As the Federal Government works to rescue the United States from economic crisis and its possible collapse, the rescue bailout plan needed the focus of our Congressional leaders both in the House of Respresentatives, The Senate and President Bush. The $700 Billion rescue plan has now become law, but is this what we are really looking for? Watch the Stock Market and the rest of the the world with there economic problems.

The Federal Rescue Bill allows money to be given out by Secretary Paulson within the guidelines set forth by the bailout rescue bill from congress. It will take some time to see if this will help the average person in their investments. We really do not know how much this bill will cost the average American or if the Federal Rescue Plan will work. We all have concerns and problems with investments in the stock market as well as the whole banking system are two of them. This Federal Rescue Plan has to work or we will have more problems on Wall Street and on other stock markets around the world.

September 29, 2008 - The proposed Wall Street bailout plan failed to pass today in the House of Representatives. The bill failed to get the necessary 217 votes and Democrats were quick to blame Republicans but the Democrats did have the votes. Why did some of the Democrats vote against the bill? It had probems and many Democrats and Republicans knew the bill had problems.

The Democrats have the majority and they could have passed this bill without one Republican vote. The fact that 94 Democrats refused to side with Pelosi showes that Democrats have a long way to go on this problem. There is a better way to solve the problem then just giving money away. This problem with Wall Street is greed by leaders in Washington who want to make money on the side from insiders. Follow the money and you will find the answers everytime.

The crises is more than just Wall Street and the current proposal grants unheard of powers to the United States Treasury. Taxpayers will not pay for golden parachutes for CEO’s. The Party is over for highflying executives of these companies. There has been input from both sides of the aisle and from both presidential candidates. Excessive CEO compensation has to be stopped. Reckless deregulation has caused this crisis and the taxpayer does not have to clean up the problem. 

The bi-partisan plan was carefully negotiated but there is still a long way to go before this will become law. One of the main items of concern is the problem of not having oversight of Wall Street. We have not had much oversight in the past few years. Democrats have had the power to stop many of the problems with Wall Street over the last two years but you cannot let the Republicans off the hook in the lack of control over Wall Street.

The Bush administration has been working on this plan to buy mortgages and other problem assets held by banks and financial institutions. Financial companies have suffered losses as mortgage-backed securities have soured when the housing market's collapse. This forced many people into foreclosure and dragged down many home prices. This mortgage problem is at the heart of the current financial crisis. By removing bad mortgge-backed securities from financial companies' balance sheets should allow credit to start moving freely again for consumers and businesses.

When you start trying to find out who started this whole problem, you will find that both Democrats and Republicans have had their hands in the cookie jar. Like a lot of thing ... just follow the money and you will find out whom to blame. One of the biggest questions of the day is if either of the political candidate running for President have any hand in this problem. Who might have been working before for a failed financial company and now is working for John McCain or Barack Obama.

Turn our economy around with a Federal Rescue Plan and give us the tools to make a business work and we can give you back what you are looking for. The economy will grow and create jobs for all of us.

We have included some other reading material on the economy and what you can do for your business or private investments. See how to protect yourself in the future or today with some of the books listed below.