The Latest Rescue Package: Bailing Out Homeowners

This week, we’re seeing a lot of stuff being unveiled by President Obama’s administration, from the stimulus package details to a new mortgage bailout plan. That’s a lot of taxpayer money going out to pay for big rescue packages.

I have been wondering what long-term effect this will have on all of us. Will this all work? What kind of changes should we expect in our future once the plans are placed into action?

I shared more of my musings over at Wisebread, in the piece: The Economic Stimulus Bill: Will The Heavy Debt Be Worth It? Hope you can check it out.

For more on what others are saying in the financial blogosphere, here is some mid-week reading material:

Recent Carnivals

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top