Saturday, 4 October 2008

Bailout, or Blowout? Financial “Rescue” Plan Turns into Mad Spending Spree
As the United States of America stands on the verge of irrecoverable bankruptcy, U.S. Senators have decided to orchestrate a final “blowout” spending spree by dressing up the financial bailout plan with so much bloated pork that no lawmaker can resist its lure.

• Why Paulson’s Plan is a Fraud
• House starts debate on bailout bill
• September job losses steepest in 5-1/2 years
• BOE May Cut Rate by Most Since 2001, Economists Say