$700 Billion Bailout: The Emergency Economic Stabilization Act and What It Means to You, Your Money, Your Mortgage and Your Taxes
by Paul Muolo
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Book Summary Information
Author: Paul MuoloEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2008-12-10
ISBN: 0470462566
Number of pages: 188
Publisher: Wiley
Book Reviews of $700 Billion Bailout: The Emergency Economic Stabilization Act and What It Means to You, Your Money, Your Mortgage and Your Taxes
Book Review: $700 Billion Mistake?
Summary: 4 Stars
The economy is in shambles making for scary times in American. Unemployment is continuously increasing, businesses are failing, mortgages are being foreclosed at alarming rates, and the most horrifying fact is that the gross national debt was just increased by $700 billion! Paul Muolo has taken on the daunting task of simplifying the Emergency Economic Stabilization Act that was passed by our elected officials this past fall in the $700 Billion Bailout.
According to Muolo, the mortgage/credit crisis had its roots planted during the Clinton years, was then fertilized by the manure of the Bush administration, and is now Obama's harvest to reap and sell. Muolo further explains that the $700,000,000,000 bailout is rotten to its roots! The Emergency Economic Stabilization Act is a sweet-smelling idea, according to those in Washington who allowed it to happen. What Washington fails to tell Americans is that the effects of this "Act" are going to be felt for many years to come; perhaps for generations. Muolo does an excellent job of simplifying the political jargon of the Emergency Economic Stabilization Act into readable terms. The content of this book, however, is pretty scary!
Reviewed by Joe Kopaczynski
More $700 Billion Bailout: The Emergency Economic Stabilization Act and What It Means to You, Your Money, Your Mortgage and Your Taxes reviews:
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