Barack Obama sell his $3.8 trillion dollar budget to the public, explain to people a private partnership, he's proposed to help, save and grow a US banking system, lower unemployment in country, and save the stock market.
Over $170 million dollar's in bonuses has paid to executives at AIG budget is $2.5 trillion further in the red than expected.
Government need to establish a regulatory mechanism to allow for the orderly unwinding of non-bank financial firms like AIG, should they fail.
The administration as seen is put in the place part 2 of it's response to the economic crisis, budget and a new set of guidelines and regulation in the financial services has no chance to fail. Barack Obama has concern that "the specific details and dollar amounts in this budget will undoubtedlychange." But he wants it to contain at least four elements: investment in clean energy, commitment to education, reform of health care policies and a reduction in the federal deficit.
As for a financial services overhaul, Obama's administration wants , a part, plug a hole in the current regulatory system by allowing the government to act as a "receiver" for all financial problem's, taking on a role similar to the Federal Deposit Insurance Corp. in dealing with failed banks.
In my opinion this would allow Uncle Tom to sell a business's , assets and liabilities and renegotiate contracts with employees and.
Soo it's seems like a best time for invest for your future. If government take care of the US market and bring more investors.
After they release the bailout plan to the public, even with no detail's on it the stack's and share's go up twice on the market. That mean people a trust and it's probably a good sign for financial situation.