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“In testimony before the House Budget Committee hearing on Economic Recovery: Options and Challenges, Martin Baily, Martin Neil Baily, Brookings Senior Fellow, Economic Studies, says we need a second fiscal stimulus package to avoid a deep recession. He advocates for an immediate infusion of $200 billion, with a second $100 billion released if unemployment hits …
News release: “The Federal Reserve Board on Monday approved final amendments to Regulation C that revise the rules for reporting price information on higher-priced mortgage loans. The changes are intended to improve the accuracy and usefulness of data reported under the Home Mortgage Disclosure Act. Regulation C currently requires lenders to collect and report the …
“EPIC’s voting project releases the first report on the technology of deceptive campaign practices. Deceptive campaigns are attempts to misdirect voters regarding the voting process for public elections. Deceptive campaign activity can be false statements about polling times, date of the election, or voter identification rules. The EPIC report reviews the potential for abuse of …
“The House Committee on Oversight and Government Reform will hold a hearing titled, Credit Rating Agencies and the Financial Crisis on Wednesday, October 22, 2008…The hearing will examine the actions of the three largest credit rating agencies, Standard & Poors, Moodys Corporation, and Fitch Ratings, leading up to the current financial crisis.” Related postings on …
Banking crisis timeline – How the credit crunch has led to dramatic, unprecedented events in the City, on Wall Street and around the world Related postings on financial system
News release: “Treasury, the Federal Reserve, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, and the Federal Deposit Insurance Corporation today issued application guidelines and other documents for the Capital Purchase Program announced last week. [Below] are application guidelines, an application form and a Frequently Asked Questions document to provide …
Coal Data for the International Energy Annual 2006 (10/20/2008): “Excel spreadsheets with time series data for the years 1980-2006 on: (1) coal consumption and total primary coal production in both million short tons and British thermal units (Btu); (2) anthracite, bituminous, and lignite coal production in thousand short tons; (3) carbon dioxide emissions from the …
News release: “Traditional nuclear families use the internet and cell phones to create a new connectedness that revolves around remote interactions and shared online experiences…Among all household types, the traditional nuclear family has the highest rate of technology usage and ownership. A
“On the eve of the 36th anniversary of the enactment of the Clean Water Act (October 18), Rep. James L. Oberstar, Chairman of the Committee on Transportation and Infrastructure, released the report, Stagnant Waters – the Legacy of the Bush Administration on the Clean Water Act, on the status of the nations waters under the …
Fact Sheet: Helping Responsible Homeowners Avoid Foreclosure – “The Federal Government is collaborating with State and local partners to use the best tools available to keep homeowners in their homes. Americans need to know that help is available. The actions of the Federal Government are helping to address a key problem in the housing market: …
Fact Sheet: Plan To Stabilize Financial System Is Limited In Size, Scope, And Duration, October 17, 2008: The President explained that the government took swift action to protect the financial security of the American people. One important element, the equity purchase program, is designed with strong protections to ensure the government’s involvement is limited in …
The Organization of the Petroleum Exporting Countries (OPEC) Monthly Oil Market Report, October 2008: “The Monthly Oil Market Report contains a wealth of information, including developments in the world economy, data on oil prices, supply and demand, crude and product stocks and much more.” Feature Article – Financial turmoil impacting market fundamentals:” Crude oil prices …
