Winnipeg Free Press

Winnipeg Free Press (Newspaper) - October 01, 2008, Winnipeg, Manitoba C m y k Page a3 obsessive compulsive disorder old old Centre Manitoba 942 3331 wow. Of Manitoba. Ca do you experience distressing repetitive thoughts and worries do you have distressing repetitive rituals you feel compelled to perform 1001 Regent ave. Pm 233 4000  n Regent Nairn Dugald Marion Lagimodiere liquidation Sale will end 4 p. M. Sunday interest @ 7.9% costs $ 78.49/$ 1,000 financed 12 to. Term 20 or amortization Mac liquidation exclusive to Canada one Canada one r. V. At 1001 Regent Avenue has purchased a huge Quantity of campers trailers 5ths and motor Homes at bargain prices As Well As some Bank repossession some factory repovs these units together with our inventory will be liquidated this week. Orders from owner Are to bring at least 200 campers trailers 5ths, motor Homes into our indoor showroom and slash prices to liquidate immediately believe it or not our 15 acres facility at 1001 Regent Avenue is jammed inside and out we need to liquidate at least 200 rvs this week. Banker is on Han to approve Low payments new location 1001 Regent ave. Recreational vehicles real cheap new from $ 3,999 Palomino campers Trai Lite crossover from $ 11,700 new with double slide outs new $ 19,700 Keystone 31 with slide out $ 22,700 2009 Cougar 25 with slide out $ 123,000 diesel Pusher bus 34 from $ 2,700 Road master cargo trailer top news Winnipeg free press wednesday october 1, 2008 Winnipeg repress. Com a 3 b Rother can you spare a billion More like $ 700 billion to be precise. With Washington trying to put together a $ 700 billion Rescue for the nations financial system the Federal Money sought by other projects is starting to look like Small change. You could buy yourself a War with that kind of Money the u. S. Has spent $ 648 billion on Iraq War operations so far. You could match Franklin Roosevelt on his new Deal to help americans during the great depression of the 1930s and raise him billions More. Even in a town where billions come and go without anyone blinking the Money that could go into the Wall Street Rescue is Eye popping. The House on monday voted Down a proposed $ 700 billion bailout package but congressional leaders said they were committed to trying again. What else could the government do with a $ 700 billion Blank Check there Are Well billions of possibilities. It could ensure Universal health care coverage for six years for example or upgrade the country is most deficient Bridges four times Over. All the work to upgrade coastal levees thatus been done since Hurricane katrina its a Mere drop in the proverbial $ 700 billion bucket $ 7 billion or just one per cent. Seven Hundred billion dollars would buy 70 Hubble Type space telescopes. Or about seven International space stations. It would finance the National Institute of health the Premier u. S. Medical research Institute for two decades. Or pay the u. S. National intelligence budget for 15 years. According to the Wall Street journal half the Money Roosevelt spent on his new Deal program to lift the country out of the depression and banking crisis was for Public works projects. For $ 250 billion in to Days dollars the nation got. 8,000 Parks. 40,000 Public buildings. 72,000 schools but thatus thinking Small. Presented with the presumptuous question of what could be done if the government suddenly came into a spare $ 700 billion scientist m. Sanjaya said he would re envision How we live on the planet sustainably. Instead of bailing out corporations with $ 700 billion we could be bailing out nature said Sanjaya Lead scientist for the private nature conservancy. We could fix All the harm weave done in the past but also get it right going into the future in the ways that people get Energy use water and procure food. Hers talking about everything from creating Green jobs to boosting solar Energy and protecting watersheds. I think you could do it for that kind of Money he said. Or on a More mundane level $ 700 billion could pay the wages of 22 million average americans for a year. According to the labor department the average non supervisory non agricultural wage was $ 612 a week in August truth be told the government does not really have this kind of Money lying around to spend hither and thither. But there Are plenty of other possibilities for the pondering. $ 700 billion would cover one years health care Bills for More than 85 million seniors disabled people children and Low income americans enrolled in the two giant government health care programs medicare and medicaid. This includes the elderly in nursing Homes and Many of the frail est people in the country whose care is the costliest to provide. The government could pay off the $ 550 billion in outstanding student loan debt in the United states and then some. Thatus from both government and private lenders. $ 700 billion could cover the entire u. S. National intelligence budget for More than 15 years. Annual Intel spending is about $ 44 billion for about 100,000 personnel across 16 agencies an Armada of satellites and technical programs to collect electronic signals environmental samples imagery computer and phone communications and a Small Fleet of armed unmanned Aerial vehicles among other weapons. Intelligence is human intensive work however so an infusion of a huge amount of Money would have Only limited Utility without skilled people to transform collected data and information into intelligence. $ 700 billion is five times what the. F ederal government has devoted to Gulf coast recovery in emergency funds and tax credits since katrina struck in 2005. $ 700 billion would allow the Pentagon to spend another seven years at War fighting on two fronts and still have enough Money left Over to cover the Cost of the a mys annual budget of More than $ 140 billion. How about a state of the Art nationwide communications network for emergency workers the Federal communications commission has been working for More than a year to create one but Congress has not forked Over any Money for construction. Estimates of the Cost Range upward of $ 15 billion. Seven Hundred billion dollars would buy about 47 Premier communications systems. W Ashington in a Surprise move to resurrect president George w. Bushes us 700 billion Wall Street Rescue plan Senate leaders slated a vote on the measure for wednesday but added a tax Cut plan already rejected by the House of representatives. Majority Leader Harry Reid d Nev and Republican Leader Mitch Mcconnell of Kentucky unveiled the plan late tuesday. The Senate proposal would also raise Federal Deposit insurance limits to $ 250,000 from $ 100,000, As called for by the two presidential nominees Only hours earlier. The move to add a tax legislation including a set of popular business tax Breaks risked a backlash from House democrats insisting they be paid for with tax increases elsewhere. But by also adding legislation to prevent More than 20 million Middle class taxpayers from feeling the bite of the alternative minimum tax the step could build momentum for the Wall Street bailout from House republicans. The Surprise move capped a Day in which supporters of the imperilled multimillion Dollar economic Rescue fought to bring it Back to life courting reluctant legislators with a variety of other sweeteners including the plan to reassure americans their Bank deposits Are Safe. Wall Street at least regained Hope. The Dow Jones industrials Rose 485 Points one Day after a record 778 Point plunge following rejection in the House of the plan worked out by congressional leaders and the Bush administration. Before Reid and Mcconnells move legislators Bush and the two rivals to succeed him All rummaged through ideas new and old desperately seeking to change a dozen House members votes and pass the $ 700 billion plan. At the top of the list raise Confidence in the u. S. Banking system by increasing the governments insurance. In addition there was talk of making it easier for financial institutions to hold questionable Long term assets an idea embraced by some of the House republicans who slapped Down the bailout Bill and sent stocks tumbling on monday. Congressional leaders Hope the changes under discussion will be enough to persuade As few As six House republicans and six democrats to undo mondays stunning vote that rejected the Rescue package. With the Capitol largely quiet because of the jewish new year no Overall plan appeared to jell just yet. Some legislators suggested that after the Senate vote the House could take a new crack at the legislation before the week is out. Still the House is where the problems Are and leaders there were scrounging for ideas that might Appeal to a few of the 133 republicans and 95 democrats who rejected the proposal on monday. Senate banking committee chairman Christopher Dodd d Conn told reporters ism told a number of people who voted not yesterday Are having serious second thoughts about it. He added however theress no game plan thatus been decided. Mcconnell of Kentucky said earlier it was time for All legislators to act like grown ups if you will and get this done for All of the people. The idea drawing the biggest support was to raise the Federal Deposit insurance limit now $ 100,000 per account to $ 250,000. Several officials including presidential nominees John Mccain and Barack Obama endorsed the change. So did the Agency that runs the program. Within hours of the candidates separate statements Federal Deposit insurance corp. Chairman Sheila Bair asked Congress for temporary authority to raise the limit by an unspecified amount. That could help ease a crisis of Confidence in the banking system Bair said. She said the overwhelming majority of Banks remain sound but an increase in the Cap would help ease a crisis of Confidence in the banking system As Well As encourage Banks to begin More lending. Mondays House vote was a stinging setback to leaders of both parties and to Bush. The administrations proposal still the heart of the legislation under consideration would allow the government to buy bad mortgages and other deficient assets held by troubled financial institutions. If successful advocates of the plan believe that would help lift a major weight off the already sputtering National Economy. But the proposal ignited furious responses from thousands of americans who flooded congressional telephones. The Canadian press Senate leaders scramble to revise bailout resurrect Wall Street Rescue plan by Nancy Benac what $ 700 billion will get you you could shoot for the Moon. The Apollo program that put Man on the Moon in 1969 Cost roughly $ 164 billion in to Days dollars. You could run an entire country. Seven Hundred billion dollars is More than twice the size of the Economy of Denmark which had a Gap of $ 312 billion in 2007. A _ 03_ oct 01 08. Ind a3 9 / 30/ 08 10 04 11 pm ;