After I checked my yahoo mail I decided to check news update on what's going on today.  For the last few months many of us are affected with economy problem.  At first Congress declined the $700 Billion Bailout Plan.  I believe that many people prefer to pass the Bailout, I thought it's a good idea too and this should help our sinking US economy.  So here's one of Yahoo Featured news about $700 Billion Bailout Plan that was recently passed by Congress.

The mammoth financial bailout plan is finally in place. But don't exhale just yet.

The $700 billion rescue bill that Congress finally passed will limit panic in the markets, since it gives the government vast new authority to take over sclerotic securities that have clogged the credit system and already brought down some of America's biggest companies. With the feds stepping into the bloodbath, the hemorrhaging should stop. But the economy is still in precarious shape, and unrealistic expectations about the bailout could end up disappointing consumers hoping for some kind of immediate relief.

Here are some likely developments for which consumers should prepare:

Less volatility. One thing the bailout will do is give investors some clarity and predictability, which will help calm the financial markets. With a clear plan for handling troubled companies--instead of the ad hoc approach applied to Bear Stearns, Lehman Brothers, and others--the government will abide by a consistent set of bailout rules, which will prevent the wild swings in the stock markets that made September a heart-stopping month.

But beware a sucker's rally. With the congressional melodrama over and the bailout in place, the markets will be reacting once again to ordinary economic forces--which are weak, at best. A few other big financial firms, and a lot of regional banks, are expected to take a hit next, especially if the credit crunch persists. Even if the government manages those problems smoothly, shareholders could get wiped out or of suffer deep losses. The global economy is cooling, too, which means less demand for American exports--a rare economic bright spot until lately--and lower profits for American multinational firms. All of those factors are likely to weigh down stocks.

Safe banks. There will probably be more bank failures, but the bill makes it clear that depositors don't need to worry about their money. The bill raises the amount of deposits covered by the FDIC from $100,000 to $250,000. That makes an implicit guarantee explicit: Until now, the FDIC has covered all deposits, including those over $100,000, to prevent "walks" on banks by people withdrawing everything over the insured limit. Now, the government will guarantees that higher amounts will be covered, even if banks fail.

A recession. Unfortunately, a more stable financial system probably won't prevent a sharp economic downturn, which already seems to be underway. Economists will probably continue to argue about whether it's technically a recession. But for many consumers and a lot of big industries, it doesn't matter what you call it: Times are tough, and getting tougher.

Job cuts in September--159,000--were the most in five years. Most economists are betting that additional jobs are going to be cut in coming months as companies hunker down. Worried consumers are likely to cut spending, deepening the dismal cycle.

There's already a recession in the auto industry, for example, which accounts for a big chunk of Americans' economic activity. Sales in September plunged to the lowest levels in 15 years. Deep worries--and profit-crunching discounts--are spreading to other sectors of the retail economy, too.

The bailout might help contain the damage. Theoretically, the feds' shock therapy will lessen the risk that a lot of companies will go bankrupt, which should motivate nervous bankers to start lending once again, with less fear that their money will vanish. If that actually happens, it will help big and small businesses alike continue to meet their payrolls. But there's nothing in the bill that forces banks to lend money, and they could just keep sitting on their cash for a while. And even if money loosens up, that's still no guarantee that consumers will spend. So any economic boost from the bailout will be indirect and probably take a while.

Minimal tax relief. A tax increase to pay for the bailout seems unnecessary, since many analysts think that the eventual sale of troubled securities could cover the government's costs. But added short-terms costs means that tax cuts anytime soon look less likely. Both Barack Obama and John McCain are pushing tax breaks, a perennial campaign promise. Obama wants to cut taxes for most Americans earning less than $250,000. McCain's plan calls for cutting capital gains taxes and corporate income taxes and extending other tax cuts that are set to expire soon. But don't bank on much relief: With the soaring costs of the federal bailout--plus added expenses, like up to $50 billion in loans for the Detroit automakers--anything that adds to the federal deficit next year is going to be hard to slip past budget hawks in Congress. A smaller set of tax cuts might be possible, though.

Scarce consumer loans. Banks have cut back on virtually every kind of loan to consumers, whether it's for cars, homes, vacations, or small credit-card purchases. One new government provision may help some homeowners who are at risk of defaulting, through a program that allows certain homeowners to renegotiate their loans with the bank. But it's not clear how effective that program will be.

While the bailout is supposed to ease the "credit crunch," it will probably be a while before relief reaches consumers. For one thing, the government will focus first on freeing money for banks and businesses so they are able to keep their operations humming and meet payroll expenses.

If banks do loosen up, the money flow may eventually trickle down to consumers. But stringent lending standards are likely to be in place well into next year, because banks are still digesting defaults on mortgages, car loans, and credit cards. And default rates are rising, not falling. Until those losses are covered, banks are going to say no more often than yes. For the next year or two, many Americans may have little choice but to save for a sunnier day.

Since we are moving to another house I was thinking to buy a wall mountain fountains and put it by my courtyard. Fountain on my courtyard is going to be relaxing and this will blend with my landscaping. When I visited the soothing wall website they have so many varieties to choose from floor fountains, slate floor fountains, glass, floor fountains, table top fountains and outdoor water fountains. They also sell commercial fountains for many businesses out there that are interested to put fountain in either inside their office or in the outside. By looking at their fountain images, this gives me an idea what indoor fountains to buy for my house. Fountain prizes range from $75 to over $3,000 and this depends with the size and if this is a custom fountains made for you. I am thinking to buy a table top fountain as decoration in my family room. I think this is going to look good in my house. Now I have both the combination of fire and water. I am also planning to buy another one for my master bedroom. Since we do have lots  of birds in our yard, In a few weeks after we are settle down in our new home I am going to buy Positano Outdoor Fountain and this will look good in our courtyard. Good thing is the shipping is free, so I don’t have to worry about the shipping cost.

Lately, I have been getting calls with restricted, unavailable or unknown callers. This really gets so annoying most of the time especially when you are also waiting for an international call and this usually reflect on your caller ID ‘Unavailable’. I have no problem when people dialed my number accidentally but calls from telemarketer are really annoying and a waste of your time. Did you not have the same experience as I do? Try Phone Lookup Investigator and share your experience and you can also investigate any number.

In a little bit am going to Encinitas to meet with the chimney cleaner. He is also going to do some fixing and check other problem as well.  The known problem is the damper and the screen that needs to be replace.  He is going to order these parts and comeback in a week or to to fix the damper and replace the screen.  Probably tomorrow I am going to Home Depot to buy the 0 Grate as instructed by the chimney maintenance person.

Finally 50 State Phone Book is here. I am so glad that the phone book list is expanding. Instead of being too dependent using the net to look for people or company now we can search them directly through a phone book with A-Z list of course. This is more convenient for me.

Texas electricity provides you up-to-date information on making the most out of your Texas Electric Deregulation for your business. Too high of electricity bill drive each one of us to cut our electric expenses that will leads us to more savings and spend that saving with something else. If you live in the surrounding area of New York, New Jersey, Maryland, Massachusetts, Connecticut, Illinois, Virginia, Georgia think about switching to Texas electricity and they can help you save your electricity expense. I just found out that Texas is one of a handful of states that has deregulated electricity. What is deregulated electricity for the business? According to Texas Electric Company, “Electricity Deregulation is giving Texas’s businesses the power to choose their Retail Electricity Provider (REP) in much the same way Texans can now choose phone service. The 3 parts of your electric bill are generation, transmission and distribution. Electricity Deregulation in Texas changes how electricity generation is bought and sold. Generation accounts for the bulk of your electric bill and by deregulating electricity, inefficiency in electric generation can be reduced dramatically.” I don’t know of anybody who does not want to have efficiency using the electricity. Now, by using Texas electricity you can save your electricity bill.

We need an excellent and experienced technician to fix and maintain our car. Fix Auto can help you with any of your car problem they are located in Downey, California and a car expert. They have good rating and a local downey body shop that can help you with all your automotive needs. You can get and estimate and set up and appointment on-line.

I need to call people today who specializes in cleaning the duct and also do chimney cleaning.  Hopefully I can find a good one get this job done before we move in.  Before I do that I have to grab something to eat.  I haven't even eat breakfast year and it's already almost 12 noon.

A friend of mine had lasik eye surgery a few years ago. Before he had the surgery he wore thick eye glasses, this is when he was still in high school. I asked him what made him decide to undergo the lasik surgery. He said, he really wants to correct his vision and don’t want to wear eye glass anymore. Since his vision correction it’s been seven years now that he didn’t wear a thick eye glass.

Christina Applegate a 26 year old actress is one of many breast cancer survivor.  She was tested positive for the BRCA1 breast cancer gene. The operation of her breast removal is called as Prohylactic Double Masectomy,  this is the removal of her two breast, even though cancerous lumps were only found in one breast.  Right now she is 100 percent cancer free and clean.