Blame Obama guys – Was stimulus package implemented by only the USA?

Query by asuku t: Blame Obama guys – Was stimulus package implemented by only the USA?
I recognize other nations like Britain, Germany and France and so on did the stimulus thing.
What would have occurred if Obama did not stimulate the American economy?
Has any of your private billionaires (Oprah, Bill Gate, Warren Buffet and so on) you so considerably supported come out with their hoarded cash to stimulate the Economy?
Why fight Obama for private firms/organizations that take away your jobs abroad in the interest of producing far more profit?
Do you actually consider greedy businessmen care a damn about ordinary Americans?
The huge organization got Bush tax cuts going on. How has that produced them to give you more jobs?
When did you ever see big company return money to the government or to employee in challenging times?
You preserve becoming greedy hoping to recognize your American dream and supporting rotten greedy intense capitalism(greedism) for that purpose.
Do you understand that capitalism is not meant to offer every person jobs/riches?
If you support other people to be billionaires (by them monopolizing the economy), how will earning peanuts from the super rich make you wealthy/pleased?
Did you know that the single factor most accountable for all human economic problems is GREED?
DO YOU Check ON YOUR Personal GREED?

Very best answer:

Answer by SayAgain
The stimulus didn’t stimulate anything so your query is pointless.

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Q&A: a package of nontraded financial instruments can be transformed into a traded financial instrument through the

Question by sweetie pie: a package of nontraded financial instruments can be transformed into a traded financial instrument through the
process of?

a. collateralization
b. repurchasing
c. underwriting
d. securitization

Best answer:

Answer by MuaRung
d. securitization.

Securitization is the process of homogenizing and packaging financial instruments into a new fungible one. (Fungible means being of such nature or kind as to be freely exchangeable or replaceable, in whole or in part, for another of like nature or kind.)

http://en.wikipedia.org/wiki/Securitization

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Why do banks package loans into securities?

Question by BeachBabe: Why do banks package loans into securities?
a. To spread the risk of default and increase liquidity.
b. To take advantage of tax breaks passed by the Federal Government as part of stimulus packages.
c. Because banking regulations require them to do so.
d. In order to get around adhering to current banking regulations.

Best answer:

Answer by Richard B
mainly because a law called “Glass -Stiegal” that required banks and financial institutions to be separate was repealed only a few decades ago

it allowed them to make bets and sell stuff that no one understood they claimed it was like buying insurance but it was really a scheme
read some robert Reiche and Richard Wolff about the resent history

“frontline had an excellent two hour show about what happened

in short a few people made huge fortunes and everybody else paid for it

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Q&A: Why a few mortgages in a package of mortgages can make the package worthless?

Question by Charles D: Why a few mortgages in a package of mortgages can make the package worthless?
Last night on “60 Minutes,” the reporter stated that one guy made a lot of money on failing securitizations of mortgages b/c he realized that if just a few mortgages failed, the whole security would be worthless. This is one part of the financial mess I never quite understood–or if I did, I’ve forgotten the explanation.

TIA

Best answer:

Answer by d3
The reason they can be worthless is because they are backing loans on homes that are in default. Some of these loan amounts are higher than the value of the home. Basically the value of a loan with negative equity that is in default is 0. Think of these like savings bond, how much would that bond be worth if it is no longer paying any divedents and the company that backs it is going out of business.

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