Amazines Free Article Archive
www.amazines.com - Monday, November 23, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133430)
 Advice (161164)
 Affiliate Programs (34757)
 Art and Culture (73747)
 Automotive (145659)
 Blogs (75211)
 Boating (9844)
 Books (17221)
 Buddhism (4128)
 Business (1329006)
 Business News (426379)
 Business Opportunities (366351)
 Camping (10967)
 Career (72751)
 Christianity (15848)
 Collecting (11638)
 Communication (115068)
 Computers (241942)
 Construction (38919)
 Consumer (49685)
 Cooking (17067)
 Copywriting (6649)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20419)
 Dating (45888)
 EBooks (19696)
 E-Commerce (48224)
 Education (185300)
 Electronics (83506)
 Email (6407)
 Entertainment (159837)
 Environment (28927)
 Ezine (3039)
 Ezine Publishing (5451)
 Ezine Sites (1550)
 Family & Parenting (110929)
 Fashion & Cosmetics (196424)
 Female Entrepreneurs (11846)
 Feng Shui (131)
 Finance & Investment (310446)
 Fitness (106332)
 Food & Beverages (62916)
 Free Web Resources (7940)
 Gambling (30223)
 Gardening (25148)
 Government (10532)
 Health (629684)
 Hinduism (2206)
 Hobbies (44055)
 Home Business (91582)
 Home Improvement (251109)
 Home Repair (46177)
 Humor (4832)
 Import - Export (5453)
 Insurance (45105)
 Interior Design (29585)
 International Property (3485)
 Internet (191004)
 Internet Marketing (146475)
 Investment (22848)
 Islam (1167)
 Judaism (1356)
 Law (80457)
 Link Popularity (4595)
 Manufacturing (20855)
 Marketing (98992)
 MLM (14136)
 Motivation (18221)
 Music (27012)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129631)
 Organizing (7804)
 Party Ideas (11852)
 Pets (38069)
 Poetry (2234)
 Press Release (12683)
 Public Speaking (5635)
 Publishing (7527)
 Quotes (2407)
 Real Estate (126636)
 Recreation & Leisure (95395)
 Relationships (87678)
 Research (16169)
 Sales (80337)
 Science & Technology (110257)
 Search Engines (23487)
 Self Improvement (153224)
 Seniors (6236)
 Sexuality (35948)
 Small Business (49283)
 Software (83015)
 Spiritual (23475)
 Sports (116078)
 Tax (7659)
 Telecommuting (34067)
 Travel & Tourism (307856)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11747)
 Website Design (56838)
 Website Promotion (36595)
 World News (1000+)
 Writing (35790)
Author Spotlight
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
OLEG KOBETS

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
JASON STEVE

Writing is my passion, Social media marketing is my love. I have written many articles on various ni...more


TARP Bailout FAQ's by Andrew Stratton





TARP Bailout FAQ's by
Article Posted: 12/30/2010
Article Views: 120
Articles Written: 5522
Word Count: 547
Article Votes: 0
AddThis Social Bookmark Button

TARP Bailout FAQ's


 
Finance & Investment
All of us that are alive and reading about the TARP bailout today are part of a generation observing great transformations in our nation’s economic picture. Over the last few years, average Americans have watched what they thought was true morph into something quite different. Change on every front of life is inevitable, but the economic changes which have occurred over the last decade have been rapid and momentous. Here are some questions and answers about the whole sometimes puzzling reconfiguration.

- What is the TARP bailout, anyway? These initials stand for the Troubled Asset Relief Program. Let’s face it; any acronym that has “troubled” as a first word must relate to a problem. This program was put into play by the federal government in order to smooth out some tangled up assets and banking endeavors.

- When was it enacted? This program was signed on in October 2008 by then President George W. Bush.

- Why did Bush sign this into law? Back in 2008, the U.S. financial systems were going through extreme problematic circumstances. Due to some “toxic” assets, investors were panicking, banks were on shaky ground and homeowners were having anxiety attacks. This law was designed to provide relief to all of these groups who were on the verge of freak-out mode.

- How was this law supposed to provide relief? A large sum of taxpayers’ money was to be distributed to large companies and banks that were ready to go belly up. It was hoped that bailing out these pillars of the U.S. financial system would stabilize the economy.

- How is this tied to the mortgage meltdown? The real estate bubble in the early and mid-2000’s caused the value of homes to escalate at an unhealthy rate. During this time frame, some unfortunate decisions were made to loan cash to unworthy candidates.

Loans became creative and no-money-down became a common occurrence. While it was wonderful to have every living person capable of purchasing a home, many couldn’t really afford them and foreclosures started to rumble in. This caused housing prices to drop, the bubble to burst and the domino effect to occur. Investors, homeowners and banks were left holding an empty bag.

- Who did the TARP programs bail out? Mortgage giants such as Fannie Mae and Freddie Mac, major banks such as Wells Fargo, Bank of America, JP Morgan Chase, auto dealers such as Chrysler and General Motors and more.

- Has this money been paid back? Yes, much of the money has been paid back with interest. Many recipients have paid the cash back ahead of schedule.

- Has all of the money been paid back and are taxpayers happy in the end? No and no. There is still money to be paid back and there are still many disgruntled Americans who are in dire financial straits and angry with the government.

- Was “Troubled Asset Relief Program” right or wrong? This was an emergency situation that took an imperfect rapid response in order to avoid total collapse. Some portions of it were successful while other portions are debatable.

Americans continue to learn a lot and restructure their own economic lives post housing bubble burst. The TARP Bailout program has been a contributor to a historic unfolding of events.

Related Articles - tarp, bailout, ,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
HELEN STEPHENS

I love to research products and write reviews only high-quality useful products. ...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
JASON NG

Jason Ng has a huge passion for the health and fitness industry as he strongly believes that having ...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
CECILIA KAELIN

Cecilia is a professional Editor-writer (30+ years) and works on a worldwide scale. She has a profes...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
PAUL RICE

hello everyone l been on the net since 2000 and enjoy my work l work as an affiliate and also have w...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license