Tuesday, November 4, 2008

Links

The information I gather are from various sources including the Washington Post, CNN, and MSNBC. Here some more links for you stock market scholars out there:

The CQ Researcher Blog provides in depth posts on current issues at hand such as the bailout. One post called "The New Report: Financial Bailout," posted on October 24, 2008, highlights the key points of the bailout and critically questions whether this plan will work and links to an overview of the issue. The writer states it's a "$700 billion rescue bill early this month. Part of a sweeping $1 trillion government plan to calm the stock market and unfreeze credit..." and "mortgage giants Fannie Mae and Freddie Mac, which together hold or guarantee $5.4 trillion in mortgage loans – 45 percent of the national total..." "Did Fannie Mae and Freddie Mac cause the financial crisis?" The answers to these questions can be inferred from the information provided on the CQ Researcher Blog.

The New York Times always has up-to-date articles regarding the economy and the stock market. From updating the status of today's global economic status to analyzing the Federal government's attempts at fixing the economic meltdown, the New York Times reports quickly and deeply on each issue. Just this past Halloween, the New York Times writes that there is second guessing on the already passed Bailout bill.

Business Week is just what is sounds like, it's straight up Business. Not only does this online magazine provide updated statistics, it also analyzes each presidential candidate's proposal on fixing the economic in a non-biased manner. "McCain wins fans in India...Indians have profited greatly from the Bush pro-outsourcing policies" They also provide the questions that voters and the American public need to think about: Are each of the candidates ready for presidency and to immediately jump on the economic crisis? Business Week provides the facts to make you think and know about today's markets.

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