tag:blogger.com,1999:blog-91921071230884272.post-24067829115779349232008-11-12T18:49:00.001-08:002008-11-12T19:33:03.505-08:00<a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://3.bp.blogspot.com/_YqYaSbT8xWI/SRueDbH8hHI/AAAAAAAACHk/72nQNEEwCxU/s1600-h/12paulson3-600.jpg"><img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 320px; height: 177px;" src="http://3.bp.blogspot.com/_YqYaSbT8xWI/SRueDbH8hHI/AAAAAAAACHk/72nQNEEwCxU/s320/12paulson3-600.jpg" alt="" id="BLOGGER_PHOTO_ID_5267977970797806706" border="0" /></a><br />Before the Bush administration expires two months from now, the <a href="http://http//www.cnbc.com/id/27680421">US treasury</a> has already sketched and shifted to a new lending program which aim at unlocking the consumer credit market. The plan was pushed through due to the failure of the first 700 billion strategy rescue plan.<br /><p>As envisioned, the Treasury would put up about 5 percent of the money that a company would use for lending and private investors would put up perhaps 20 times that much by buying bonds issued by the new program.</p>Despite the mind-boggling amount of money that Congress has authorized the Treasury to spend — $350 billion immediately, and another $350 billion that Congress would approve under a fast-track procedure — Mr. Paulson is running short of money and time.<br /><a href="http://http//www.nytimes.com/2008/11/13/business/economy/13bailout.html?_r=1&amp;ref=business&amp;oref=slogin">more...</a><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/91921071230884272-2406782911577934923?l=www.marketsnmoney.com' alt='' /></div>Traderhttp://www.blogger.com/profile/13309761269649139032noreply@blogger.com0