Here is a link to a great video update of what is happening with the $700 Billion "bailout" that was passed months ago. The women speaking is actually chairing a committee that is holding the government accountable for how this money is spent. She has a difficult task ahead since our government has no clue how to spend anything right now. Frankly, they remind me of a hamster in a wheel; a ton of furious activity that leads to nowhere. That is my frustration speaking.
On the other hand, the Feds, for example, are truly doing everything they possibly can to stimulate the economy. The problem...people are too gun shy and are holding onto their money. This is fine and dandy. But remember this, if that continues we will be sent into a deep deflationary market, and that is not a good thing to be in (obviously). So just keep this in mind and, responsibly, spend and let's all do our part to help recover the economy.
We will continue to keep you up to date on things like this so you are educated and aware of what is actually happening.
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