Read and rate Travel Journal Entries for Irasburg, Vermont, United States

Sep 21, 2008 - Northeast Kingdom, VT

Friday was another beautiful fall day. We spent most of the morning glued to CNBC again as Treasury Secretary Paulson announced the creation of a $500 billion+ fund to bail out those Wall Street companies who were losing their butts because of all the risky mortgage loans that had been made to those who were not credit worthy over the past several years (and because of the credit default swap derivatives that had been created to hedge against these losses). Hoping to put a floor under the debt valuations once and for all, the government is...

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