1.What is this item about?
The banks cut back on Federal emergency lending programs. They believe that The Federal government at there last month meeting decided to slow down its purchases of these securities. So the $1.25 trillion program will be ended by the end of march instead of the end of this year. The goal is to drive down mortgage rates and bring up the housing market.
2.Why did you choose it?
the title cought my eye so i read it and got really interested in the piece. It makes me want to check up on this and see if there still heading toward their plan now.
3.Do you agree with what's happening in the news item you chose? Why or why not?
yes i do agree with the news item. It informs us about what their plan is and trying to get the mortgage rates down and the housing market up is a great plan.
4.Do you think the information has been presented fairly? Why or why not?
yes i do think that the information has been presented fairly. It gave me a lot of information on their plans and i hope it goes through.
5.Would use this news source again?
Yes i would use this source again.
http://www.forbes.com/feeds/ap/2009/10/15/general-financials-us-fed-emergency-lending-programs_7007879.html
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Kathleen, Nice job! You picked a difficult article and really understood the importance of what was being covered.
ReplyDeleteGrade: 10/10