Lost In Bailout Talk: Second Stimulus Check is Dead On Arrival

October 2, 2008

photo credit: Daquella manera The last couple of weeks we have seen a lot of news about our struggling economy, bailouts of troubled financial companies and buyouts of their their troubled assets.  This news is important, and it’s obvious we need to be talking about it. One thing that has been lost in all of [...]

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Senate OKs $700B bailout

October 2, 2008

photo credit: Wolfgang Staudt A few days after the House rejected a similar $700 billion bailout plan, the Senate on Wednesday gave approval to a similar but slightly different bailout plan.  The new plan which now includes several other measures meant to sweeten the pot and bring some members who previously voted the plan down [...]

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September Site Numbers and Recap

October 2, 2008

Looking back at September 2008 September was another banner month here at Bible Money Matters.  Our numbers continued to increase as we passed 75,000 visitors and 134,000 page views all time.  Our RSS subscribers passed 400 for the first time In September.  On top of that we moved up to number 40 on Fire Finance’s [...]

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Bankruptcy, Not Bailout?

October 1, 2008

photo credit: kevindooley I have been reading a lot of opinions on whether or not a bailout measure is a good idea, and there are a lot of differing viewpoints on the subject.  Many are saying that if we don’t come up with a bailout package, that the economy will crash because of the lack [...]

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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 [...]

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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 [...]

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$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 [...]

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Still Think Credit Card Companies Aren’t Evil? Read This.

September 15, 2008

News flash – credit card companies are not looking out for your best interests A common theme that I have on this blog is that credit card companies are never looking out for your best interests, and you need to make sure you always keep a wary eye on them. Think those rewards cards have [...]

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It’s So Hard To Let You Go. Rest In Peace Old Friend.

July 24, 2008

A Phone Call At Work Yesterday was a hard day. I had to say goodbye to a very good friend, one of the best that I’ve ever had. It all started when I got a phone call from my mom around 3 in the afternoon while I was at work. When she calls me at [...]

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Toshiba Exits HD DVD Business, Ceding Market To Sony’s Blu-ray – WSJ.com

February 19, 2008

Big news in the technology world today – it looks like the High-definition format war is over and Blu-Ray has won! Toshiba announced today it is pulling out of the HD-DVD business: Toshiba Exits HD DVD Business, Ceding Market to Sony’s Blu-ray – WSJ.com: TOKYO — Blaming the loss of support from a key movie [...]

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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?

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