Well the federal reserve makes the money, so they can release cashflow into the economy at their discretion. of course i am sure there is a lot of red tape and they can’t just make that decision on their own. however, in answer to your question: the money that they are lending out in that magnitude is not in actual tangible form. it only exists in electronic form as an allowance for government agencies to continue spending money and ultimately it contributes to our national debt.

When you buy a new home your mortgage provider is going to insist you purchase buildings insurance in advance of them lending you the money. many will, in fact, offer you buildings insurance alongside the mortgage product they give you. but this may not always be the best deal, especially when you’re going to want to take out contents insurance too.

And yes, even in the world of charity, ‘video matters. It allows us to show our audience the who, what, where, when, why and how in a way that draws on emotion and connects the audience to our cause.’

They constantly attack obama, saying that the bailout was wrong and actually hurt gm and chrysler.why do they lie?here are the facts:what cons say = "three years ago, in the midst of an economic crisis, a newly elected president barack obama stepped in with a bailout for the auto industry."the truth = in fact, the bailout began with president george w. bush, who was forced to lend gm and chrysler $17.4 billion payday loans in december 2008 after senate republicans blocked a rescue plan in congress. bush told reporters just last week that he was warned by federal reserve chairman ben bernanke and treasury secretary hank paulson that if he didn’t act to shore up gm and chrysler, up to 1 million jobs could vanish. knowing what we know now, says bush, "i’d do it again."what cons say = "the president tells us that without his intervention things in detroit would be worse. i believe that without his intervention things there would be better."the truth = the crux of the gop argument: if obama had not acted, private companies would have stepped in and run a "managed bankruptcy." what this ignores is that in the fall of 2008, before obama was even sworn in, no one on wall street or anywhere else was willing to lend gm and chrysler a penny — let alone the $81 billion they and their financial arms eventually needed.both companies’ bankruptcies required money on a scale not seen in legal history. unlike airlines, which can keep running with much smaller short-term loans while they restructure, automakers need massive amounts of up-front capital to pay suppliers and workers while they build cars; their finance companies need even more to keep making car loans that can bring in revenues. the potential damage wasn’t just layoffs; chrysler executives testified on the first day of bankruptcy that without immediate cash the company risked destroying hundreds of millions of dollars’ worth of equipment.even after obama took office, gm and chrysler searched frantically for paths to avoid bankruptcy, including a possible merger. chrysler held a one-week garage sale of its assets in february 2009, inviting anyone with enough money to bid for parts of the company. no one bit.what cons say: = "ultimately, that is what happened. the course i recommended was eventually followed. gm entered managed bankruptcy in june 2009 and exited it a month later in july. the chrysler timeline was similarly swift. but something else happened along the way that was truly egregious. before the companies were allowed to enter and exit bankruptcy, the u.s. government swept in with an $85 billion sweetheart deal disguised as a rescue plan."the truth = no entity blocked gm and chrysler’s path to the bankruptcy court except their own executives. had the government not intervened as romney suggests, gm and chrysler likely would have been liquidated by their wall street bondholders, some of whom held out for a few more pennies on the dollar at the risk of the entire bankruptcy case. one auto industry think tank estimated doing so would have led to 1.3 million job losses and threatened ford, toyota and other automakers.there are so many more lies that republicans tell about how obama did in fact save he auto industry. why do they lie so egregiously?

A perhaps unintended consequence of this unprecedented federal reserve action was that mortgage rates also came to an all-time low across the board, no matter where you looks anywhere in the nation. big homes, small homes, family homes, condominiums, vacation homes and investment homes – they were all fair game for people who had the ability to buy in the current marketplace, and home lending rates continue to stay low to this day, as the federal reserve has promised to keep the base interest rates low for at least the next couple of years.