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1. Date: 2008-10-05 04:32:26
Subject: Emergency Economic Stabilization Act of 2008
From: "Gil Faver" <rowdy'sboss@xxyz.com> Search message by this author

Alan over in Misc.Taxes.Moderated indicates he has posted the final version
of this bill as signed by Pres. Bush, on his website at:

http://taxtopics.net/Senate10108.pdf

Division A is the Emergency Economic Stabilization Act

Division B is the Energy Improvement & Extension Act

Division C is the Tax Extenders & Alternative Minimum Tax Relief Act

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2. Date: 2008-10-06 02:58:37
Subject: Re: Emergency Economic Stabilization Act of 2008
From: dapperdobbs <G...@h...com> Search message by this author

Thanks for the link.

SEC. 114. MARKET TRANSPARENCY.
(a) PRICING.--To facilitate market transparency, the Secretary shall
make available to the public, in electronic form, a description,
amounts, and pricing of assets acquired under this Act, within 2
business days of purchase, trade, or other disposition.

(The above is what I want to see - what's paid for what and to whom,
under what terms. I wish there were provisions to force all
participants, whether defunct or living, to disclose the travesty
foisted off on us in its entirety. When sound financial planning
requires citizen oversight of enforcement of government regulations
just to ensure our plans - houses, money funds, stocks, bonds, gold,
currency - are going to be worth anything at all, things have gone w-a-
y out of hand.)

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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
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3. Date: 2008-10-07 10:55:59
Subject: Re: Emergency Economic Stabilization Act of 2008
From: "abby" <a...@c...net> Search message by this author


"Gil Faver" <rowdy'sboss@xxyz.com> wrote in message
news:mJxFk.253729$102.19022@bgtnsc05-news.ops.worldn
et.att.net...
> Alan over in Misc.Taxes.Moderated indicates he has posted the final
> version of this bill as signed by Pres. Bush, on his website at:
>
> http://taxtopics.net/Senate10108.pdf
>
> Division A is the Emergency Economic Stabilization Act

I found a useful summary here:

http://ag-marketcrisis.com/?p=553

It would appear that the net revenue will be whatever TARP spends on
these mortgages less what they collect from the mortgagees, less what
they lose reselling foreclosed properties. Is this roughly correct?

abby

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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
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4. Date: 2008-10-07 19:45:21
Subject: Re: Emergency Economic Stabilization Act of 2008
From: dapperdobbs <G...@h...com> Search message by this author

On Oct 7, 6:55 am, "abby" <a...@c...net> wrote:
> It would appear that the net revenue will be whatever TARP spends on
> these mortgages less what they collect from the mortgagees, less what
> they lose reselling foreclosed properties.  Is this roughly correct?
>

Yes, but you would have to add the value realized when the financial
instruments purchased, are sold. The "bailout" has been incorrectly
labeled as an "expenditure" when in fact it is more in the character
of an investment.

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Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

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