Why Washington Cannot Prevent Depression: The dire reality: Washington is not God. It cannot save the world. It cannot prevent the next depression. Hard to believe? Here’s the proof: Dennis Kucinich "Racketeering On A Scale This Country Has Never Seen Before!!!" 4 Minute video Citigroup May Get Government Rescue, Investors Say: Citigroup Inc. will probably get rescued by the U.S. government after a crisis in confidence erased half its stock-market value in three days, investors and analysts said. In case you missed it: Professor Ngaire Woods: The death of the dollar?: We are living in economic chaos. Banks, homes, jobs, and businesses are at risk. GM May Have Weeks, Not Months, Without Aid, York Says: Chief Executive Officer Rick Wagoner ``all but said'' at congressional hearings in the past two days that GM can't continue to operate until a new U.S. administration takes over in January, York said in a Bloomberg Television interview today. White House to extend unemployment benefits: With weekly jobless claims benefits at a 16-year high, the White House said Thursday that President George W. Bush would sign quickly legislation pending in Congress to provide further unemployment benefits.
Saturday, 22 November 2008
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