Can Obama Make Sense of All This Debt?


M

Mishi

Can Obama Make Sense of All This Debt?

Early Tuesday morning, the federal government announced a new, massive
$800B program to buy up bad debt and pump money into the sagging
credit markets. According to a NYTimes article entitled: “U.S. Unveils
New Programs to Ease Credit,” the program would be structured as
follows: "The Federal Reserve said that it would buy up to $600
billion in mortgage-backed assets from the government-sponsored
mortgage finance giants Fannie Mae (FNM) and Freddie Mac (FRE). The
agency would also buy up to $100 billion in debt directly from the
companies and up to $500 billion in mortgage-backed securities."

In addition, the Fed and the Treasury unveiled a different $200B
package to help commercial lending (car loans, student loans, etc).

http://seekingalpha.com/article/108275-can-obama-make-sense-of-all-this-debt
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M

[_/# Marmo #\\_]

Mishi ha scritto:
Can Obama Make Sense of All This Debt?

Early Tuesday morning, the federal government announced a new, massive
$800B program to buy up bad debt and pump money into the sagging
credit markets. According to a NYTimes article entitled: “U.S. Unveils
New Programs to Ease Credit,” the program would be structured as
follows: "The Federal Reserve said that it would buy up to $600
billion in mortgage-backed assets from the government-sponsored
mortgage finance giants Fannie Mae (FNM) and Freddie Mac (FRE). The
agency would also buy up to $100 billion in debt directly from the
companies and up to $500 billion in mortgage-backed securities."
Hi, i was lurking for some thread about U.S. Debt - Fed measures...

With least funds the Total becomes $2.19 trillion i.e. 2190 $B

By the way many of this are gone in buying assets , so not will bwcome
losses to the taxpayers, but how many will be is difficult to say.

Total Budget is $11 Trillion and Gdp nearly $15 Trillion
What finally will be the effects of these measures ????
Long time or in short time? -------Anyone appreciated
 
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