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Business Update: New housing help

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Uploaded by on Jan 27, 2009

Jan 27 - The Federal Reserve approved a strategy to help avoid foreclosures on home loans it owns, holds, or controls.The Dow rose 58 points to 8,174. The S&P 500 gained 9 points to 845. The Nasdaq added 15 points to 1,504.

Target, hours after the market closed, announced it was eliminating over 1,000 positions.

Conway Gittens reports from New York.

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  • Fuck you

  • The the lies and bullshit W and his croonies started. STFU BITCH!!!

  • Are you for country before party? I am... This year was the worst election I ever watched in all ways.media-campaigns and more.THE MEDIA SELECTED OBAMA HE WAS NOT ELECTED.I WANT HIS OTG LONG FORM VITAL BIRTH CERTIFICATE.NOT A FRAUD COLBS !

  • The republican begged congress to get the banks regulated..yes i saw the vodeo on the floor of congress. as well as Michelle Obama and the CEO in a builden saying fannie mae is in financial trooubles but will still give out loans in 2005 as Michelle Obama clapping..WTF THE cogress new this as well as senators. and I am a indepebdent voter country before party.the media lied to you people.you need to not trust the mainstream medai. msm-msnbc cbs cnn abc all of them ! they lied !!

  • How did the republicans get us in the mess . democrats control congress .Did you not see the republicnas in congress begging to stop the pratice of the leanding of loads and get banks regularted.?

  • it is the scumbag repubs that got us into this mess ! if you give a damn about this country you would do some research about facts instead of repeating Repub talking points like a trained parrot

  • Calm Down...Don't you have a SkyDaddy you can go pray to? Grab your Bible and go what for the Zombie Son to swoop down and save your sorry sinful self!

    Leave us scumbag democrats to fix the mess you idiot Republicans have made...Had you idiots done things right you would be calling the shots...You are not, so SHUT UP!

  • All of my credit cards are paid off completely and destroyed. Darn...

  • Your scumbag Democratic Party is trying to get bailout money for all kinds of total bullshit that will NOT boost the economy. This bailout must end. If you give a damn about this country you would stop defending the lies!

  • FALSE - $ 4.19 B would be distributed by HUD's Neighborhood Stabilization Program. The ACORN propaganda is being spread by Boehner & the repubs.

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