Entries from September 2008

September 23, 2008

America’s Financial Crisis is official – the scope of the problem

On September 19,  2008 – The president of the USA, George Bush simply said, “
“America’s economy is facing unprecedented challenges, and we are responding with unprecedented action“

And the solution sounds like a shotgun wedding. Shoot now; ask questions later.
“As a result we must act now to protect our nation’s economic health from serious risk. There [...]