1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natali5045456 [20]
3 years ago
6

How does Congress react to Paulson requesting a bailout of US banks totaling over 7 billion dollars?

History
1 answer:
murzikaleks [220]3 years ago
3 0

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

How does Congress react to Paulson requesting a bailout of US banks totaling over 7 billion dollars?

Congress acted against it, and the House of Representatives voted against Paulson requesting.

Let's remember the moment. It was September 20, 2008, when US Secretary of the Treasury, Henry Paulson, submitted this proposal to the lower house of Congress. The House of Representatives discussed the proposal but considered that it was a tax imposition for US citizens to try to save the bad decisions of the bankers. So on September 29, the House of Representatives voted against the proposal, and immediately the stock changes of the world -including the New York stock exchange, of course- plummeted.

President George W. Bush had to swiftly react and signed the EESA Act (the Emergency Economic Stabilization Act of 2008 to rescue the financial institutions and banks with $700 billion.

You might be interested in
President Truman discusses two different ways of life in this excerpt. What do you think he means by this? Do you agree with Pre
Oxana [17]

Answer: Answer and explanation #1

President Harry Truman talks about "two ways of life" in a speech to Congress in 1947.

When Truman talks about two ways of life he calls them one "free" and other "totalitarian". By this time the term totalitarianism had already become famous to classify extremely authoritarian regimes like the nazi and soviet regimes.

Thus the president can only be referring to the opposition between capitalist and communist economic systems represented by the US and Soviet Union.

To answer if you agree with President Truman's argument you should ask yourself a few questions: was the US back then a regime that really followed the will of the majority? how was the US back then? how was the USSR? how did political persecution work there? was it really impossible to both systems to exist in the world? In short, you must check Truman's arguments to see if you agree or disagree with them.

Answer and explanation #2

Most historians agree that this speech was a declaration of the Cold War. It was given when the US saw that the USSR could amplify its influence on Western Europe and Africa: Truman spoke to Congress to get approval to financially aid Turkey and Greece regimes against leftist groups supported by the USSR.

So we see in this speech the entire framing of the Cold War: a war that was not fought directly but rather by securing influence zones. This speech was the beginning of the Truman Doctrine: it started the Containment Policy which compromised to stop the spreading of communism to other areas of the world other than the USSR.  

What Truman started in this speech was the modus operandi of the Cold War until its end in the late 20th century.

Explanation: if this is wrong i’m sorry and plz mar brainlist

3 0
3 years ago
Why do some scientists think that global warming would increase the strength of hurricanes
ch4aika [34]

Answer:

This increased moisture provides additional fuel for hurricanes. Climate models project an increase in the average precipitation rate of hurricanes as a result of global warming. Second, as ocean temperatures rise, there is also less cold, subsurface ocean water to serve as a braking mechanism for hurricanes.

8 0
3 years ago
Read 2 more answers
Which pair of mythical beasts share common roles and features despite belonging to different cultures?
Oksanka [162]

The pair of mythical beasts share common roles and features despite belonging to different cultures is Leviathan and Jörmungandr.

The appropriate response is option D.

<h3>What is culture?</h3>

The term "culture" is a general one that refers to social behavior, institutions, and norms present in human societies as well as the people that make up these groups as well as their knowledge, beliefs, and abilities. Culture is frequently said to have originated in or been influenced by a particular area or place.

Cultural beliefs are notions that are acquired and disseminated throughout various social groupings. Individuals know distinct subsets of the cultural knowledge and might therefore vary in their level of cultural competence.

Jörmungandr, a big and potent Jötunn residing in the Earth's oceans, is also called as the Leviathan, the Midgard Serpent, or Akurra. He is predicted to play a major role in the end of the world since he is the middle child of Loki, the god of mischief.

Hence, the appropriate response is option D.

To learn more about culture

brainly.com/question/3181478

#SPJ5

7 0
1 year ago
What jobs were created and eliminated by the telegraph? *
Leviafan [203]

Answer:

Jobs that were created include: opperators

Jobs that were eliminated include: small markets(because many people quit to become opperators where they were paid better

Explanation:

8 0
3 years ago
Which sentence is punctuated correctly? A. The last three Endeavour space shuttle launches occurred on May 16, 2011; February 8,
Leto [7]
C. is the sentence that is punctuated correctly
8 0
3 years ago
Read 2 more answers
Other questions:
  • What do game cards paper money and mechanical clocks have in common
    7·1 answer
  • Why did pontiac lead a rebellion against the British following the french and indian war?
    9·2 answers
  • In political terms, why did president kennedy need to appear tough on communism
    10·1 answer
  • The Texas Constitution, using the U.S. Constitution as a model, established a government with how many branches?
    9·1 answer
  • Rosa Parks was an important figure in the ____ movement.
    6·2 answers
  • Unlike the British, the French were not interested in taking over Native American land. Instead, they were interested mainly in
    7·1 answer
  • What was an effect of the 1978 Iranian revolution A: Iran moved its capital city. B: Iran became an Islamic republic C: a shah t
    15·2 answers
  • **NO LINKS** Will give brainliest for real answers
    7·1 answer
  • Occupational Safety and Health Act
    15·1 answer
  • Write one or two paragraphs stating your position. In your argument, include your ideas about how well the nation lived up to th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!