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Much of the reason for this plummet was due to a failed “bailout bill†endorsed by both McCain and Barack. This bill was intended to save many financial institutions such as mortgage companies and banks. These companies had given countless variable rate loans to individuals whom once the interest rates were changed, were incapable of paying them back...
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These firms knew before hand as did the persons taking out these loans that the loans were high risk investments. The large number of foreclosures and repossessions by mortgage companies and banks along with the many individuals who defaulted on their loans ultimately bankrupted these companies. The problem is that these companies also hold many Americans retirement funds and life savings...
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Presidential Candidates
Vice-Presidential Candidates
Barack Obama Vs. John McCain
Presidential Candidates: Division And Classification
The Effect Of Third Party Candidates In Presidential Elections
Comparing and Contrasting the 2008 Democratic Presidential Candidates
McCain's Speech on Presidential Goals
The Presidential Debates Between Bill Clinton And Dole
CELEBRITY ENDORSED ADVERTISING
Automobile Bailout
Candidates and the Media
Tax Implications of Bailout and Elections
bailout plan analysis
Why The Bailout Plan Has To Be Passed And Its Adjustments
Bushs' Economic Bailout Of 2008
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