The financial crisis that started one year ago with the credit crunch has so far made the Federal Government to bail out the the banks, insurers and possibly the car industry. It seems that today, according to reports the Feds will unveil a plan to bailout the consumer, making consumer financing available to fuel the economy. This will allow you to get mortgage and car loans easier. However, wasn't the other bailed out money supposed to serve the same goal?

How far will the Fed go? It looks like the Fed is going to take whatever it takes to rescue the U.S. Financial System. Today's report shows that the Fed is prepared to lend $7.4 trillion on behalf of U.S. taxpayers to rescue the troubled financial system that started last year.

Main Street continues to suffer without help, while Wall Street continues to get billions of dollars of money thrown at it. Citigroup is the latest corporation in line for a bailout.

Lawmakers deadlocked on a plan to bail out the Big Three automakers, leaving General Motors facing the prospect it could run out of cash before a new Congress can come to the rescue next year.

Something is wrong with the U.S Automotive Industry. It seems that either the carmakers need to change the way they make cars in USA or the car companies may need to change the CEOs or the management, as the CEO's flew to Washington D.C. to seek 25 billion bailout in private jets.

Americans for Tax Reform President Grover Norquist has sent a letter and formal application to the Treasury Department requesting $700 billion from the TARP Capital Purchase Program to fund the following tax cuts:

EU officials are taking a close look at how the United States is helping its ailing auto industry.

U.S. Treasury Secretary Henry Paulson opposes a plan by Democrats to use some of the $700 billion financial rescue package to bailout the auto industry and troubled homeowners.

The auto industry in China is hopeful of getting help from the central government, which last week unveiled a large stimulus package focused on stock market, the real estate and fixed assets investment, Beijing News said yesterday.

U.S. lawmakers are considering ways to help America's struggling auto industry, which has suffered from rising fuel costs and the shrinking economy.

Could the credit card crisis be the next big issue in this big financial crisis leading to credit card bailout? How Wall Street bailout is affecting Credit Card applications?

At least a dozen people asked me to comment on the New York Times article So When Will Banks Give Loans? Most seem to believe the bank bailout package is part of some complicated scheme by the treasury and Fed to give banks taxpayer money explicitly for takeovers.