U.S. Bail out further demonstrates capitalism as being about capital, and not people
Region: United States
The American people and the rest of the world continues to be deceived in the face of the prevailing economic crisis. What America needs towards its economic rejuvenation is not a bailout, but instead a total breakaway fro... more
Views: 960Busy Day For Congress In Regards To Burris And Economic Bailout
Region: United StatesIn a massive breaking and developing news story, it is a very busy and interesting day for the United States Congress. It is quite interesting for both houses of the US Congress. On the US Senate side, former Illinois Atto... more
Views: 972FTSE 100 rocketed nearly 10 percent after the launched of 20 billion pounds stimulus plan
Region: United Kingdom (Great Britain)FTSE 100, the London Stock Exchange cheered on as US Federal Government pinned their stimulus package spot on to bailout the troubled financial giant.On top of this news, the main catalyst for this gain would be due to Bri... more
Views: 938Ron Paul: The Bailout Is 'Immoral' and 'Unconstitutional'
Region: United StatesUnited States Representative and former GOP Presidential hopeful Ron Paul of Texas had much criticism of the hefty $700 billion bailout of Wall Street. Paul expressed his criticism today on CNN’s “American Morn... more
Views: 914Buying Up Bad Debt, Not The Way To Go, According To Ron Paul
Region: United StatesAt sundown, the United States Senate is set to vote on the $700 billion bailout proposal that is aimed to rescue Wall Street and institutions such as Fannie Mae and Freddie Mac. Democratic Presidential nominee Senator Bara... more
Views: 792House Republicans Make Last Stand.
Region: ArizonaSwallowed up in a political tide that threatens to turn America into a socialist economy, only a handful of Republican House members are fighting back. In what may very well be the last stand for the ideas of the free mar... more
Views: 1121Sorry Folks, No Bailout Deal Has Been Achieved
Region: United StatesYesterday evening, United States President George W. Bush gave a televised address from the White House to Congress. He had urged Congress to approve the bailout proposal that is estimated at $700 billion. It is inevitable... more
Views: 528Unpopular Bailout Takes Bite out of Two-Party American Politics
Region: United States
John McCain’s decision to put his campaign on hold to help fix the economic crisis has yielded a curious theater and has underscored the $1 trillion bailout’s lack of precedent in American political history.&nb... more
Views: 1120Bush To Congress: Pass The Bailout Plan
Region: United StatesAbout a little over two hours ago, United States President George W. Bush made a televised address from the White House towards the United States Congress. This is in regards to the economic crisis and the proposed $700 bi... more
Views: 481US Government To Take Over Freddie Mac and Fannie Mae
Region: Washington
On 7 September 2008, the US Government in Washington announced that it will seize the overall control of the two finance companies that deal with mortgage. The two companies are Fannie Mae and Freddie Mac. It was seen to b... more
Views: 2413
