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photo credit: bgilliard After going down to defeat earlier in the week in the House, the second version of the bailout bill was passed today without a problem: The House of Representatives passed a sweeping, $700 billion economic rescue package after reconsidering the measure it failed to green-light earlier this week. The vote was 263 […]
Santorini, Greece After we sailed from the port at Naples, Italy, we headed on a course towards Santorini, Greece. Santorini, in case you have never heard of it is a beautiful little volcanic island that is known for its beautiful white buildings, and amazing ocean sunsets. The main island that we visited is shaped like […]
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 […]
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 […]
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 […]
Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment. 1 Timothy 6:17 During these uncertain times that we’re facing with our economy, it’s important […]
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 […]
photo credit: Shiny Things The last couple of weeks in the financial sector have been tough ones, with the markets going up and down (mostly down), rumors of bailout packages, legislation for said bailouts being voted down, lawmakers blaming each other for the plan’s failure and one of the largest drops in the markets in […]
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 […]
Florence and Pisa, Italy After leaving the French Riviera our cruise ship headed down the coast towards Italy. We pulled into an Italian port and promptly disembarked. We were on a 8 person tour van for our tour of Pisa and Florence. Our first stop was Pisa and the leaning tower that has made the […]
A Year In Planning My wife and I, along with her parents, have been planning on going on a Mediterranean cruise for the past year or so. My wife and her parents had never been to Europe, and for all of us taking an extended vacation in Europe was a lifelong dream. Last year we […]
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 […]
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 […]
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 below), we got little or no news of what was […]
