president bush

President Bush Orders Auto Maker Bailout…As Predicted Here!

by Rob K. Blake | December 20, 2008

As I predicted last week here on the BiggerPockets Blog, the President told the press this afternoon he ordered the Treasury to bailout the automakers. In my post entitled, Can Hank Paulson Use TARP Funds To Bail Out Auto-Makers?, I foretold this action a week in advance. Surprisingly I received a few comments chiding me [...]

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Commentary

Is America Going Broke?

by Michael Creel | March 26, 2008

Is the United States going broke? Many would roll their eyes at this notion; they would tell you that the country has never defaulted on its debt that its long-term interest rates are historically low; that the dollar is the world’s reserve currency; and that China, Japan, and other countries have an insatiable demand for [...]

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Commentary

Are They Serious? Fed Takes Mortgage Debt as Collateral, Bear Stearns Gets Bailout, and President Bush is Confident in the Economy!

by Joshua Dorkin | March 14, 2008

This week has been an extremely volatile one in the world of real estate and the economy. We’ve seen Gold at $1,000 an ounce, a collapsing dollar, oil skyrocketing, an much more. Of everything that has happened, probably the most shocking is what came out of the Fed this week . . . According to [...]

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Commentary

Subprime Mortgage Crisis Puts Brakes On Consumer Spending

by Charles Feldman | January 14, 2008

The [tag]subprime mortgage[/tag]/housing/credit/crisis–or, SPMHCC–is fast becoming the [tag]subprime[/tag] mortgage/housing/credit/consumer confidence crisis–or SPMHCCCC, for short. Okay, it’s not so short but it does get the job done. Anyway, a full 70 percent of this nation’s economy comes from personal consumption-Americans buy TV’s they don’t really need, cameras they don’t really need, newer cars they don’t really [...]

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Commentary

Bush Discovers Mortgage Crisis: Says He Is Watching

by Charles Feldman | January 9, 2008

Will wonders never cease? First, Hillary Clinton proves the media wrong and wins the New Hampshire presidential primary with a comfortable number of votes just 24 hours after some polls said she would lose by as much as 15 percent. And now, George W. Bush has finally come to recognize what most of the world [...]

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