Thursday, 20 November 2008

Federal Budget Info - Must See Video

This movie is in the process of becoming Oscar Nominated. They have made it to the top 15, and hopefully they will become one of the official Oscar Nominees.

It is currently showing at selected theatres around the country, but they were kind enough to send me an abbreviated version of their documentary.

I hope that you enjoy it and learn a bit in the process.


Tuesday, 18 November 2008

Bail Out Tally - 2008

Here is the list I have compiled of the Federal Bail Outs and Bridge Loans that have been issued so far in 2008. When you add this to our current budget deficit, it paints a pretty scary picture.

630 Billion – Added Bank Liquidity

25 Billion – Ford/GM

840 Billion – Bail Out Law

85 Billion – AIG

29 Billion – Bear Stearns

200 Billion – Fannie Mae/Freddie Mac

Running Tally: 1.8 Trillion Dollars

Under Discussion - Another 25 Billion to Auto-Makers

If I missed one, let me know.