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	<title>Bob Brooks - Prudent Money Blog &#187; Bail-out Program</title>
	<atom:link href="http://blog.prudentmoney.com/category/bail-out-program/feed/" rel="self" type="application/rss+xml" />
	<link>http://blog.prudentmoney.com</link>
	<description>No hype. No agenda. Just financial information from a Christian perspective.</description>
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			<item>
		<title>Social Security Recipients Potentially See Benefits DECREASE</title>
		<link>http://blog.prudentmoney.com/2009/08/24/social-security-recepients-potentially-see-benefits-decrease/</link>
		<comments>http://blog.prudentmoney.com/2009/08/24/social-security-recepients-potentially-see-benefits-decrease/#comments</comments>
		<pubDate>Mon, 24 Aug 2009 14:46:10 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[Health Bill]]></category>
		<category><![CDATA[automakers]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[cash for clunkers]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[Medicare]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[Prudent Money]]></category>
		<category><![CDATA[Social Security]]></category>
		<category><![CDATA[Stimulus package]]></category>
		<category><![CDATA[tax rebates]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=2445</guid>
		<description><![CDATA[The politicians can bail out banks, big business, and make sure that their campaign contributors are all taken care of.  They can provide 3 billion dollars for the Cash for Clunkers Program and help bail out the automakers. They can send out checks to American families through the form of tax rebates.  They [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2009/08/24/social-security-recepients-potentially-see-benefits-decrease/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Do We Need More Proof of Government Ineptitude?</title>
		<link>http://blog.prudentmoney.com/2009/08/20/do-we-need-more-proof-of-government-ineptitude/</link>
		<comments>http://blog.prudentmoney.com/2009/08/20/do-we-need-more-proof-of-government-ineptitude/#comments</comments>
		<pubDate>Thu, 20 Aug 2009 16:01:48 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Auto Industry]]></category>
		<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[Barney Frank]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[car dealers]]></category>
		<category><![CDATA[car industry]]></category>
		<category><![CDATA[CARS Program]]></category>
		<category><![CDATA[Cash for Clunkers Program]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[Prudent Money]]></category>
		<category><![CDATA[Town Hall]]></category>
		<category><![CDATA[US News]]></category>
		<category><![CDATA[Washington]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=2435</guid>
		<description><![CDATA[Can you just imagine the Government trying to run something as complicated as a health system?  If they cannot run something as simple as the cash for clunkers program, they certainly aren&#8217;t qualified to run something complicated. 
It appears that the CARS program is in real trouble.  So far the Government has received [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2009/08/20/do-we-need-more-proof-of-government-ineptitude/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Does Paulson Really Know What He Is Doing? Maybe He Does!?</title>
		<link>http://blog.prudentmoney.com/2008/11/12/does-paulson-really-know-what-he-is-doing-maybe-he-does/</link>
		<comments>http://blog.prudentmoney.com/2008/11/12/does-paulson-really-know-what-he-is-doing-maybe-he-does/#comments</comments>
		<pubDate>Thu, 13 Nov 2008 03:00:26 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Auto Industry]]></category>
		<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[The Government / Politicians]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bail-out]]></category>
		<category><![CDATA[Banking System]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Prudent Money]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[treasury]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=559</guid>
		<description><![CDATA[The plan keeps changing.  First, the bail-out was designed to buy troubled assets off of the books of banks.  That achieves two objectives.  First, it is a step towards making the banking system healthy.  Second, it would enable banks to loan money again.  I never agreed with their reasoning for this first bail-out plan.
Now, Paulson says [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/11/12/does-paulson-really-know-what-he-is-doing-maybe-he-does/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>So How is the Bail-out Program Going?</title>
		<link>http://blog.prudentmoney.com/2008/11/10/so-how-is-the-bail-out-program-going/</link>
		<comments>http://blog.prudentmoney.com/2008/11/10/so-how-is-the-bail-out-program-going/#comments</comments>
		<pubDate>Tue, 11 Nov 2008 04:09:42 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[Hank Paulson]]></category>
		<category><![CDATA[Prudent Money]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=550</guid>
		<description><![CDATA[Well, lets see &#8211; since the Government initiated their enormous infusion of cash in the form of bail-out money, not much has happened.  The Stock Market is still in the hole.  The credit markets by some accounts are worse today than before all of this Government intervention.
Just recently, Hank Paulson said that they were going [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/11/10/so-how-is-the-bail-out-program-going/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>This is Going to Get Tricky</title>
		<link>http://blog.prudentmoney.com/2008/10/03/this-is-going-to-get-tricky/</link>
		<comments>http://blog.prudentmoney.com/2008/10/03/this-is-going-to-get-tricky/#comments</comments>
		<pubDate>Fri, 03 Oct 2008 22:18:28 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[credit markets]]></category>
		<category><![CDATA[crisis]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[Government Bail-out]]></category>
		<category><![CDATA[Prudent Money]]></category>
		<category><![CDATA[socialistic policy]]></category>
		<category><![CDATA[Stock Market]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=452</guid>
		<description><![CDATA[Well, the passing and signing of the most dramatic Government Bail-out is complete.  Now the trickiest part of the whole sitaution is upon us.  Will this government bail-out work in the short-term?  The credit markets are in crisis.
Upon the passing of the bill, the credit markets didn&#8217;t improve even the slightest.  There was no improvement at all.  There [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/10/03/this-is-going-to-get-tricky/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Regardless of How it Gets Fixed, Change Must Occur</title>
		<link>http://blog.prudentmoney.com/2008/10/01/regardless-of-how-it-gets-fixed-change-must-occur/</link>
		<comments>http://blog.prudentmoney.com/2008/10/01/regardless-of-how-it-gets-fixed-change-must-occur/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 17:08:01 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[bail-out]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[markets]]></category>
		<category><![CDATA[Prudent Money]]></category>
		<category><![CDATA[Stock Market]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=441</guid>
		<description><![CDATA[I was having a rather lively discussion yesterday with a friend of mine who also manages money.  We typically see eye to eye on things…until yesterday’s discussion.  We were discussing the failed vote on the 700 billion dollar bail-out.  My friend was adamant that the last thing in the world that needs to happen is [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/10/01/regardless-of-how-it-gets-fixed-change-must-occur/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Credit Crisis – The Ultimate Example of the Conflict of Interest in Washington</title>
		<link>http://blog.prudentmoney.com/2008/09/29/the-credit-crisis-%e2%80%93-the-ultimate-example-of-the-conflict-of-interest-in-washington/</link>
		<comments>http://blog.prudentmoney.com/2008/09/29/the-credit-crisis-%e2%80%93-the-ultimate-example-of-the-conflict-of-interest-in-washington/#comments</comments>
		<pubDate>Mon, 29 Sep 2008 21:41:12 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[The Economy]]></category>
		<category><![CDATA[The Government / Politicians]]></category>
		<category><![CDATA[bail-out]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[Congress]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[debt bubble]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[Democrats]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[laws]]></category>
		<category><![CDATA[mortgage crisis]]></category>
		<category><![CDATA[Prudent Money]]></category>
		<category><![CDATA[Senate Banking and Finance Committee]]></category>
		<category><![CDATA[Senator Richard Shelby]]></category>
		<category><![CDATA[Stock Market]]></category>
		<category><![CDATA[Washington]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=438</guid>
		<description><![CDATA[Please know that I am not a big advocate of this bail-out. At the same time, I do appreciate how urgent of a matter that we are facing.  Therefore, passing this bill today in Congress was extremely important. 
 
There is no good answer to the bursting of the greatest debt bubble in history.  Ultimately, the [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/09/29/the-credit-crisis-%e2%80%93-the-ultimate-example-of-the-conflict-of-interest-in-washington/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Washington Mutual Goes Down</title>
		<link>http://blog.prudentmoney.com/2008/09/26/washington-mutual-goes-down/</link>
		<comments>http://blog.prudentmoney.com/2008/09/26/washington-mutual-goes-down/#comments</comments>
		<pubDate>Fri, 26 Sep 2008 07:41:24 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[Banking System]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[bank failure]]></category>
		<category><![CDATA[financial collapse]]></category>
		<category><![CDATA[Govedrnment]]></category>
		<category><![CDATA[Government Bail-out]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[media]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[socialism]]></category>
		<category><![CDATA[Wall Street]]></category>
		<category><![CDATA[Washington Mutual]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=423</guid>
		<description><![CDATA[Well, we finally have it.  The largest bank failure in history.  
Washington Mutual is now a bank failure.  Fortunately, JP Morgan has taken over the assets.  Thus, there shouldn&#8217;t be any change for customers. 
I talked on the radio show about fear today.  You can  listen here &#8211; Thursdays podcast . There is so much fear that has [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/09/26/washington-mutual-goes-down/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>In Government We Trust &#8211; We are just living in Hank&#8217;s World</title>
		<link>http://blog.prudentmoney.com/2008/09/19/in-government-we-trust-we-are-just-living-in-hanks-world/</link>
		<comments>http://blog.prudentmoney.com/2008/09/19/in-government-we-trust-we-are-just-living-in-hanks-world/#comments</comments>
		<pubDate>Fri, 19 Sep 2008 21:04:47 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[The Government / Politicians]]></category>
		<category><![CDATA[AIG< Money Market System]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[bail-out]]></category>
		<category><![CDATA[Fannie Mew]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[government manipulation]]></category>
		<category><![CDATA[Hank Paulson]]></category>
		<category><![CDATA[short selling]]></category>
		<category><![CDATA[socialism]]></category>
		<category><![CDATA[stock markets]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=403</guid>
		<description><![CDATA[(excerpt from my client letter)
 
Hank Paulson is the most powerful man in the world.  When he speaks the earth moves and markets react.  Hank has spoken and everything is all right?  
 
Where do I even start?  History has been made numerous times over the past week.  As usual, I have a lot of opinions on [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/09/19/in-government-we-trust-we-are-just-living-in-hanks-world/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>285 Billion and counting&#8230;&#8230;</title>
		<link>http://blog.prudentmoney.com/2008/09/17/285-billion-and-counting/</link>
		<comments>http://blog.prudentmoney.com/2008/09/17/285-billion-and-counting/#comments</comments>
		<pubDate>Wed, 17 Sep 2008 07:37:32 +0000</pubDate>
		<dc:creator>bob@prudentmoney.com</dc:creator>
				<category><![CDATA[Bail-out Program]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[Bob Brooks]]></category>
		<category><![CDATA[corporate loans]]></category>
		<category><![CDATA[Deceptive Money]]></category>
		<category><![CDATA[Fannie Mae]]></category>
		<category><![CDATA[federal government]]></category>
		<category><![CDATA[Freddie Mac]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Prudent Money]]></category>

		<guid isPermaLink="false">http://blog.prudentmoney.com/?p=376</guid>
		<description><![CDATA[The Federal Government has been busy pledging our money.  Last week, it was a pledge of $100 billion to both Freddie Mac and Fannie Mae.  Then today it was a $85 billion dollar &#8220;loan&#8221; to AIG. 
We can complain all we want about the Government and their practice of bailing out companies.  The harsh reality is [...]]]></description>
		<wfw:commentRss>http://blog.prudentmoney.com/2008/09/17/285-billion-and-counting/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
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