Economy | Bible Money Matters

Dave Ramsey’s Solution to the Economic Crisis

September 30, 2008

Dave Ramsey has plenty to say about the current crisis, and what should be done about it. He has even put out a 3 step plan that he believes will resolve the crisis without having the taxpayers bailout financial companies to the tune of $700 billion dollars. You can download his plan here: Here is [...]

1 comment Read the full article →

House Defeats $700B Financial Markets Bailout

September 29, 2008

I was eating my lunch this afternoon when I saw something that surprised me. The $700 billion bailout package moving through congress was defeated by the house today. I can’t say I think the bailout package is a great idea, but I am surprised that it didn’t pass: The House on Monday defeated a $700 [...]

2 comments Read the full article →

I Guess I Spoke Too Soon!? No Deal on $700 Billion Bailout.. Yet.

September 26, 2008

photo credit: Zesmerelda Yesterday I posted the news that we had all been waiting to hear. Congress had finally come to an agreement and had settled on a bailout deal to help jump-start our faltering markets. The price tag? A mere $700 billion dollars. At the announcement of proposed deal the Dow Jones industrials enjoyed [...]

4 comments Read the full article →

$700 Billion Bailout Agreement Reached

September 25, 2008

photo credit: Jeff Belmonte It sounds like congressional Democrats and Republicans have reached an agreement today on a possible bailout plan, that it is hoped will bolster our faltering economy. From the AP: Warned that time was running short to bolster the distressed economy, congressional Republicans and Democrats reported agreement in principle Thursday on a [...]

4 comments Read the full article →

I leave for a couple of weeks and see what happens?

September 24, 2008

What happened while I was gone? I’ve been gone for the past couple of weeks on a cruise ship in the Mediterranean. We saw the sites, relaxed and had a great time. Because we were in the middle of the Mediterranean on our ship (see above), we got little or no news of what was [...]

8 comments Read the full article →

Fed Cuts Interest Rate Amid Global Stock Sell-Off And Fears Of Recession

January 22, 2008

Fed cuts interest rate: The Federal Reserve unexpectedly slashed a key interest rate by a bold three-fourths of a percentage point on Tuesday, responding to a global plunge in stock markets that heightened concerns about a recession. The Fed signaled that further rate cuts were likely. Does anyone think this is actually going to help?

0 comments Read the full article →