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What is one example of the governments trying to help American businesses?
If you remember 2008 and the "crisis," you recall the trillions in bailout money given to GM, Chrysler, AIG, and the other pigs at the trough.
If the stock market crashes do you lose what you have in your savings account?
No. The money you have in your bank is insured by the Federal Despositor's Insurance Corp (FDIC) for up to $250,000 (it was $100,000 before the recent bailout bill). That means that the government will pay you back your deposits up to that amount if your bank were to fail. http://en.wikipedia.org/wiki/FDIC
Who borrows money from federal reserve banks?
All member banks of the Federal Reserve in USA can and do borrow money from the federal reserve. The Federal Reserve is the banker of banks to whom the banks go when they need money.
Why are central banks printing so much money?
Central Banks print so much money because it has attempted to bailout since the financial crisis in 2007. One intervention approach has been to printout more money in an attempt to become a money pump.
Where does the federal governments money go?
the federal govt has no money. instead they are able to take the peoples money from the people, then use that money to control and manipulate the people as they see fit, in order to reach their elitist agenda.
How much bailout money did FORD receive?
Ford did not receive any bailout money.
Did gmac mortgage receive federal bailout money?
As of today, Jan 9, 2009, General Motors did receive federal bailout money. While it cannot be proven that some of that money went to GMAC without seeing GM's financial records, there is a very high probability that it did.
Did Ford receive bailout money?
no
Did GE Money Bank receive bailout money?
yes
Did US Bank receive bailout money?
Yes. $7 billion
How much did JP Morgan Chase receive in bailout money?
25 Billion
Will the 700 billion dollars for the bailout come from China?
The bailout did not get through Congress, but no, the money would come from the US taxpayers. Update: The bailout did pass, and the money is coming from the Treasury and Federal Reserve. This could be argued to suggest the money is coming from the taxpayers.
How much bailout money did citi corp receive?
The Citi group bailout was agreed for $45Billion same as the Bank of America bailout. The numbers about who got what and how they are spending it are pretty much a secret.
Did HSBC get a bailout under TARP?
HSBC did not receive bailout funds. However, AIG is strongly connected to HSBC, and AIG accepted the TARP money. This contributed a significant amount to HSBC.
Does Illinois receive any money from the federal government?
Yes, Illinois receives funding from the federal government in the form of grants, aid for programs such as healthcare and education, and support for infrastructure projects. This funding helps finance various initiatives in the state and contributes to its overall economic well-being.
How do we receive a grant up to $50,000 or 6 months mortgage payments?
How do we receive the government mortgage bailout money available up to $50,000 or 6 months mortgage payments?
Did discover bank receive tarp monies?
yes What was the total amount of money that Discover Bank received from the Economic Stimulus (bailout) plan?
