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SHARE Monday, December 22, 2008 Where did your bailout bucks go?
If one of the problems leading to the financial meltdown was a lack of administrative and legislative oversight, the situation has not improved. Congress needs to take action now before greedy financiers diffuse the trail of bailout bucks. The US Senate and US House must act NOW!
SHARE Sunday, October 12, 2008 Despite Weekend Talks, World Leaders Fail to Reassure
The world financial meltdown is forcing national leaders to rethink basic assumptions amid a lack of recent historical precedents and in the absence of institutional memory. Despite efforts at international consensus and unity, uncertainty reigns.
SHARE Tuesday, October 7, 2008 Dow Drops Over 500 Points: International Financial Crisis Continues
Dow drops over 500 points; Fed Chief says American economic outlook worsening; credit markets remain frozen; Mass may join Ca in call for fed Rx; NJ Gov to address joint session of legislature on economy; Iceland in frenzy to avoid bankruptcy; Euro states act to guarantee saving deposits; UK's Brown in talks with Bank of England over British bailout; stocks fall in Egypt,Japan,and Saudia Arabia
(2 comments) SHARE Monday, October 6, 2008 Global Sell Off Accelerates: Extraordinary Gov't Efforts Won't Quell Fears
****BREAKING NEWS****BREAKING NEWS****BREAKING NEWS****UK FTSE 100 post biggest loss since 1987; Paris CAC 40 sees worst drop since 1988; DJIA down over 750 points; Brazil/Russia/Iceland suspend trading; Fed moves to pump more dollars into money markets; BofA announces plan to restructure Countrywide mortgages; IMF official urges EU leaders to form common, unified front; Stocks in free fall worldwide; Investors/savers anxious
SHARE Sunday, October 5, 2008 Global Financial Virus Spreading
***BREAKING NEWS***BREAKING NEWS***
Germany moves to guarantee personal bank accounts following Irish lead; EU fails to reach consensus on unified financial remedy; Iceland financial sector freezing; Sarkozy announces small business assistance, nationalization of unfinished housing, and govt-backed home loans; Brown shakes up UK government; Australian PM decries era of "extreme capitalism;" American financial problems persist
(4 comments) SHARE Friday, October 3, 2008 A Nation of Third Graders: The Debate Over Sarah Palin
But the bar is so low that there remains little reason to celebrate or cheer Governor Palin's debate date. For the adults in the room, her affectionate, bubbly, and outgoing giggliness, that may appeal to Third Graders, did not help resolve in the adult mind of the voter clarity on policy substance, knowledgeable detail, and leadership qualities.
SHARE Monday, September 29, 2008 Bailout Fails to Pass: Global Financial Ills Butterfly
Vote on bailout fails; DJIA plummets 700 points; world financial frenzy; uncertainty reigns; Belgium, Britain, Iceland, Luxembourg, and the Netherlands race to save banks; Asia Pacific markets record heavy losses; investors head to safety;Fannie/Freddie subpoenaed; $700 billion bill tonic, not cure....