Something New

I learned more about government bail-outs and how they can affect the American tax payer, and the economy.

Basically a government bail out is when a huge business, usually a lending institution, begins to fail and the government gives them massive amounts of money in exchange for a portion of the company. So in easier words it is the government buying huge numbers of stocks.

The obvious opinion is that this will raise tax prices, and it will. The projected plan uses about 700 billion government dollars that tax payers are going to need to pay. This ends up being some wher in the neighborhood of $2,300 for every american citizen. However, one must note that not every American pays income taxes, such as those who are too young to work. Thus bringing a bigger burden to those who do work and pay income taxes.

The second viewpoint is based on someone looking at the economy. If these lending giants were just jeft to go bankrupt, they probably would. But, if they were, more and more house values would drop and thus harming the lending industry more. If the lenders were suffering they would be less likely to give loans out, making it harder for people to buy a home, purchase a car, or even go to college. More important than it only making it hard to to get a loan, the market would fall more than it already has.

Both of these opinions depend on a long chain of reactions. These actions would most likely occur and both of them are probably true. The question is. whats worse: more taxes or a depression?

Today's Assignment

Earlier in the week i had 5 paragraphs explaining what the stock market is and how it works, but it got deleted. I am going to retype that as soon as i get my computer back because it is really hard to type on a desktop. But i am working on my key terms, i have 12 right now. The key terms are hard to do because there are so many terms for the market but most of them are irrevelant to my project. Most of my terms cane form http://www.tsx.com/en/market_activity/glossary.html that link is also on the side. Also, i looked at How Stuff works to see if i could learn anything new, I didn't.

I have been debating on greatly narrowing my topic. From going from my current topic, of the stock market, to only the affect of government bail-outs, and federal rate cuts.

Since I have narrowed my topic, over the past two days I have been doing research on the Federal Reserve Bank (more commonly 'The Fed'). I have posted some links about the fed as well.

Idea

I am basically set on an idea now.
I amgoing to combine two of my previous ideas. The stockmarket and new types of software. For new software i am going to use CoMotion, which is the product of my internship. It is basically a program for visualizations and different forms of displaying data.

Lost

I have three basic ideas, that are all in almost opposite directions.
They include:

1. Fusion and the energy crisis
2. The stock market
3. New adaptable sofeware (CoMotion)

I basically know what i want to do my project on, just not how.