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New Home Sales Fall, Unemployment Rises

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A trifecta of bad news about the economy raised new worries about a possible recession and underscored the concerns that are driving Congress and the White House to reach agreement on an historic bailout of the financial system.(Sept. 25)

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: AssociatedPress

Length: 01:04
Rating: 4.00
Views: 915

Tags: economy  fall  home  rises  sales  unemployment  

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Video Comments

mrkeeboard (November 30, 1999 at 12:00 am)
That should be me counting taht money. :(
joyful1959 (November 30, 1999 at 12:00 am)
NEWS FLASH! Senate Bill 3604 was just shelved! What is S. 3604? It was another stimulus package to fund unemployment, food stamps, elderly aid, and more. Yep, the Republicans voted against it! Why? Because it didn't include an oil drilling ammendment! So, if you want to say that the GOP cares about the middle class, this is just one more example they DO NOT! Back to the GOP mantra! Big Oil/Big Business! Fuck the middle class! Obama/Biden - 2008
IcyKitty (November 30, 1999 at 12:00 am)
So, the bail out is supposed to stop the housing market from falling and unemployment from rising. Seems a bit too late for that. Since that theory is in the crapper, what exactly will $700 Billion dollars do?
LU29UN99 (November 30, 1999 at 12:00 am)
good, I hope everything collapsed so that illegal rats should moved out of this great white nation. they cheat, lie, steal on welfare for the eldery, they have abortions, they have no family morals, etc...
GiovannaNYC (November 30, 1999 at 12:00 am)
katey-recession is depressing
katey1dog (November 30, 1999 at 12:00 am)
Recession? Smells more like Depression to me.
ContrastY (November 30, 1999 at 12:00 am)
send a check for 10 gs' to every American citizen instead of bailing out the very wealthy ON THE TAX PAYERS DIME.
GiovannaNYC (November 30, 1999 at 12:00 am)
starcatcher-Exactly!
starcatcher888 (November 30, 1999 at 12:00 am)
Giovanna: Yes the good people have! Update: Fannie Mae and Freddie Mac Invest in Lawmakers Published by Lindsay Renick Mayer on September 11, 2008 11:26 AM When the federal government announced two months ago that it would prop up mortgage buyers Fannie Mae and Freddie Mac, CRP looked at how much money members of Congress had collected since 1989 from the companies. On Sunday the government completely took over the two government-sponsored enterprises,
GiovannaNYC (November 30, 1999 at 12:00 am)
Of course we are in a recession. The government has been doing everything to keep the bottom from completely falling out. Forecasters warned us long ago.


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