The Fed issued the following statement, basically giving S&P the big FU:"For risk-based capital purposes, the risk weights for Treasury securities and other securities issued or guaranteed by the U.S. government, government agencies, and government-sponsored entities will not change.

I see this hurting the little guys most, anyone trying to get an FHA loan is going to be in a world of hurt and it's not like the government has any appetite to take on those risks as well.

As such, it is in the governments self interest to keep rates low as they have to pay interest on the national debt.

The higher tax bracket rate does not apply to all of your taxable ordinary income The federal government does not exempt any of your 403b distribution from taxes, but many states will exempt some portion of your retirement distribution from state income taxes.

Rich out to the city governance.

The government automatically assumes I'm poor and gives me a earned income credit of $120, leaving my total taxes owed for the YEAR of $118!!

Knowing that the government and the stock market has no confidence in this economy, do you think banks will have confidence in creating lending standards in the real estate market?

Has the U.S. government ever actively tried to take guns from people?

Has anybody here experienced this problem recently where the local government have given some relief for their area?

As Michael has mentioned, Round 2 is going smoother, but you are still dealing with government.