Tag Archives: $700 billion bailout

These are unprecedented times. From the breakdown of traditional financial institutions to the government’s 700 million dollar bailout, Americans don’t know how to respond. Some are in denial, not fully understanding the problems and consequences. Others are angry at what they see as a “bailout for the fat cats” and an award for recklessness on Wall Street. Still others feel panic about the gloomy economic forecast. These are all typical emotional reactions to loss. And for Sandwiched Boomers, many financially responsible for their children and aging parents, they see their … Continue reading →