Tuesday, 7 July 2009


Biden: `We misread how bad the economy was: Vice President Joe Biden said the Obama administration "misread how bad the economy was" but stands by its stimulus package and believes the plan will create more jobs as the pace of its spending picks up.

Day of Reckoning for California and Ultimately for All of America: Will our nation’s largest debtors meet their massive financial obligations? Or will many ultimately default?