Phoenix out of the Ashes
Minutes ago the gavel fell in Washington indicating that the $700 Billion Bail Out Bill had passed. Earlier this week the bill failed to pass based on the lack of detail in the bill itself. Only days later the bill was detailed enough for the Congress to see it as the bill the United States needed to pass in order to rescue our economy.
After one of the worst job market statistics was announced and spending was down, this bill represents the possibility of hope on the horizon. People need job security. Real estate needs to sell. People need to be given options to prevent foreclosure. Let us all pray that this bill was the right decision in order to move our great country in the right direction.
Just like any tragic moment in history, Americans prove their tenacity, cohesiveness, and compassion. Thesee are the traits that grew our nation to the most powerful nation in the world. And, these are the traits that will rise us out of the ashes yet again.
Filed under: Uncategorized | Tagged: 700 billion, bail out, bernanke, billion, congress, economy, federal, paulson, phoenix, taxpayers, treasury, white house
any inf. about 700 billion bailout incentive for federal inmates my son just called and I can”t find anything relate to it….thank you