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What is the difference between US bailout package and UK rescue package?
Wiki User
∙ 15y ago
good comparison
http://www.annistonstar.com/opinion/2008/as-editorials-1119-editorial-8k18u1219.htm
Wiki User
∙ 15y ago
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What is a bailout?
A bailout is an act of rescue, especially of a financial nature, or a backup supply of air in scuba diving.
What are the solution to the Southeast Asian currency Crisis?
The IMF and several countries agreed to help Thailand by funding them with $16 billion rescue package. And 4 billion come from japan. In return Thai land have to lower its budget deficit to prevent inflation from rising above 9%, increase VAT from 7% to 10% and clean up debt in local banks. But the rescue package was not efficient funding was misallocated (corruption in Thailand). The economic crisis was not only in SEAN, it was the world problem so the US and Europe open market and help these economies get back on track. This will mean an increase in export for SEAN, earn some revenue for the economy
What was bailout package 2008?
Emergency Economic Stabilization Act of 2008From Wikipedia, the free encyclopediaJump to: navigation, searchThis article is about one division of an enacted statute. For the entire statute, see Public Law 110-343. For the enacted rescue program, see Troubled Assets Relief Program.The bailout of the U.S. financial system, is a law enacted in response to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to US$700 billion to purchase distressed assets, especially mortgage-backed securities, and make capital injections into banks.[1][2] Both foreign and domestic banks are included in the bailout. The Federal Reserve also extended help to American Express, whose bank-holding application it recently approved.[3] The Act was proposed by Treasury Secretary Henry Paulson during the global financial crisis of 2008.The original proposal was three pages, as submitted to the United States House of Representatives. The purpose of the plan was to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets. The text of the proposed law was expanded to 110 pages and was put forward as an amendment to H.R. 3997.[4] The amendment was rejected via a vote of the House of Representatives on September 29, 2008, by a margin of 228-205.[5]On October 1, 2008, the Senate debated and voted on an amendment to H.R. 1424, which substituted a newly revised version of the Emergency Economic Stabilization Act of 2008 for the language of H.R. 1424.[6][7] The Senate accepted the amendment and passed the entire amended bill by a vote of 74-25.[8] Additional unrelated provisions added an estimated $150 billion to the cost of the package and increased the size of the bill to 451 pages.[9][10] See Public Law 110-343 for details on the added provisions. The amended version of H.R. 1424 was sent to the House for consideration, and on October 3, the House voted 263-171 to enact the bill into law.[6][11][12] President Bush signed the bill into law within hours of its enactment, creating a $700 billion Troubled Assets Relief Program to purchase failing bank assets.[13]Supporters of the bailout plan argued that the market intervention called for by the plan was vital to prevent further erosion of confidence in the U.S. credit markets and that failure to act could lead to an economic depression. Opponents objected to the massive cost of the sudden plan, pointing to polls that showed little support among the public for bailing out Wall Street investment banks,[14] and claimed that better alternatives were not considered[15] and that the Senate only tried to force the passage of the unpopular but sweetened version of the bailout through the opposing House and was successful in this attempt.[16][17]Some opponents of the rescue plan-especially conservative commentators influenced by Euro-Pacific Capital CEO Peter Schiff[18] -- argue that since the problems of the American economy were created by excess credit and debt, a massive infusion of credit and debt into the economy only exacerbates the problems.[19] Schiff's argument is opposed by many supporters of the program.[20][21]Josh HarmatzVoyage Financial Group
Is debt rescue US legitimate?
yes it is i tries it and it has saved me money so far
From whom might an isolated person receive opportune accidental or act of mercy rescue?
An isolated person can receive opportune, accidental, or act of mercy rescue from the Department of Social Services in their county. The County Health Department can also assess the situation for an isolated or endangered adult.
What is a bailout?
A bailout is an act of rescue, especially of a financial nature, or a backup supply of air in scuba diving.
What is difference between Pokemon mystery dungeon red rescue and blue rescue?
this may not be a good answer,but blue rescue is for ds lite
What s the difference between rescue breathing and CPR?
During CPR, the chest compressions are applied; during rescue breathing there are no chest compressions used.
What is the difference between rescue knife and tactical knife?
A tactical knife is a knife you hold under a pistol, or attach to the bottom of a gun (See Bayonet). A rescue knife is for cutting bullets out of wounds.
In hatchet How does brian return home in the?
In "Hatchet" by Gary Paulsen, Brian is rescued by a passing rescue plane after he manages to make a distress signal fire. The pilot sees the smoke and lands the plane to rescue Brian. He is then taken back to civilization.
What is the difference between a rescue dog and an average dog?
Rescue dogs are average dogs! Sometimes they are full bred and sometimes not. One thing is for sure though...a rescue dog will appreciate a home and it helps to stop the needless killing of innocent animals. ALL dogs should be rescue dogs no matter where they come from.
What is the difference between the categories mystery dungeon 1 and 2?
Pokemon Mystery Dungeon 1: Red Rescue Team/ Blue Rescue Team Pokemon Mystery Dungeon 2: Explorers of Time/ Explorers of Darkness
Can you bailout on wing over Vietnam?
All US strike aircraft (Air Force, Marine, Navy) had ejection systems. The ONLY problem was; you didn't want to bailout over North Vietnam. Airmen, had a choice (unless their jet went down right away, or exploded) hope that the plane would hold together, and either bailout over Laos or Thailand, or the ocean. If the airman HAD to bailout over North Vietnam he stood an excellent chance of becoming a POW. If a rescue was attempted in the North, there were excellent chances that the covering planes and the rescue choppers (Jolly Green Giants) would be shot down too. Pilots were known to fly their BURNING aircraft for either the ocean or nearby Laos or Thailand; rather than bailout over North Vietnam. Translation: Some pilots were willing to risk being burned to death, than becoming a POW in Hanoi.
Who was involved in deciding the amount of money and the fine print in the US government's 700 billion dollar bailout financial package?
Both financial analysts from the Department of Treasury and Federal Reserve were involved in the specifics of the rescue package. The 700 billion figure is a maximum that the Treasury is allowed to spend in the purchase of troubled assets. It is improper to state that this is the cost of the rescue package as the Treasury will receive assets which may be worth more in the future than what they paid for them. It is a 700 billion imposed spending ceiling for the program. I would not characterize the plan details as "fine print", something that is hidden from view. What has been reported in the media is that the plan lacks details. I believe this stems from uncertainty in how much is really in trouble (that is must be purchased) and what the worth of these assets may be in the future.
What is the difference between the Pokemon mystery dungeon blue rescue team and explorers of time?
Different story more Pokemon Like Palkia Dialga.
What is the difference between Red Rescue Team and Blue Rescue Team?
Pokemon Red Rescue Team is a GBA game pak, while Pokemon Blue Rescue Team is a DS game card. You can only play Red Rescue Team with a Gameboy Advanced (GBA) or Gameboy Advanced Special (GBA SP), but you can play both games with a DS.
What is the difference of the Pokemon mission levels in red rescue team?
each one gets your rescue team a certain amount of points.
