Obama's Bailout Plans Term Paper Example | Topics and Well Written Essays - 2000 words

Obama's Bailout Plans - Term Paper Example Treasury to help average Americans, $300 billion was used to bailout homeowners affected by the housing crisis in July, $200 billion for the release of Fannie Mae and Freddie Mac in September, and another $50 billion and $25 billion were used to save money market funds and car companies, respectively. Stimulus packages were also injected this year, as the Obama regime unleashed a mammoth $787 billion in February to combat unemployment and another $275 billion was allocated also in February for nine million homeowners to refinance their home loans in order to prevent threats of foreclosure. Another wave of economic rescue plans were bared in March, such as the $30 billion to again lend financial assistance to American Investment Group (AIG) hit by the banking crisis last year, $15 billion to help troubled small businesses, $1 trillion to try to save toxic assets from the balance sheets of financial institutions, and $ 22 billion to assist two automakers, General motors and Chrysler. The latest of the bailouts is the $1 trillion stimulus package as a result of the G-20 meeting in London in April. Given this uncertain amount of bailouts and stimulus packages, the office of the President, the Federal Reserve and the ... Millions of American jobs are at stake, and thousands of businesses- large or small- are also at risked of getting sideswiped by the financial turmoil. The fear of massive unemployment due to the unprecedented closure of big businesses like banks, car companies, and even small businesses galvanized the Obama administration into action by injecting stimulus packages that are aimed at saving the economy. Based on the U.S. government's forecast, joblessness will stand at 8.1 percent this year, but the figure is expected to drop to 7.9 percent in 2010 (Dickson). This means that hundreds of thousands, if not millions, of American workers are at risk of being pushed out of their jobs. Recession in the United States was said to have reached an alarming level, as businesses continue to be severely affected and unemployment rate continues to escalate. Now, the Federal Reserve is playing a major role in trying to solve the financial crisis that continues to threaten the U.S. dollar. However, will the Federal Reserve solve the economic crisis or will it only worsen the problem The Fed and the monetary system The Federal Reserve System, which was created in 1913 during the term of former U.S. President Woodrow Wilson by virtue of the Federal Reserve Act, is a semi-public monetary institution. This means that despite the word "federal," this institution is not 100-percent owned by the federal government. Since the creation of the Federal Reserve, economic crunch became unavoidable due to the inflationary nature of America's monetary system. In fact, a number of well-known critics of the Federal Reserve, which is beyond the control and supervision of the U.S.

Evaluation and Comparison of Two Super Bowling Ads Puppy Love by Essay

Evaluation and Comparison of Two Super Bowling Ads Puppy Love by Budweiser Beer - Essay Example This research will begin with the statement that the ad titled â€Å"Puppy Love† has been rated second in the â€Å"10 most effective commercials† among the ads broadcast during the Super Bowl 2014. The clip of the ad narrates the story of a runaway pup that befriends a Clydesdale horse and a strong bonding develops between them. The main theme of the ad is the â€Å"connection animals share† and their love for one another and is part of the production company, Bud Light’s innovative campaign titled â€Å"The Perfect Beer for Whatever Happens†. The researcher states that the puppy’s mischief during his stay makes his owner handover him to a new adopter, who takes away the puppy in his car and the puppy calls out to the horses grazing on the meadow. The Clydesdale horse chases the car and the other horses appear before the car, blocking its path. The puppy walks away with the horses, its master pets him and finally, he returns to the company o f his favorite horse. The present research has identified that Budweiser is a pale lager beer, introduced into the market in 1876 and is a popular brand in the US with high rates of selling in other 80 markets across the world. The target audience for the ad is people in the range of 20 to 60 years, including both genders. The ad’s story will appeal to the target audience and the short but interesting clip has good visuals and music that will grab and retain the viewers’ attention.