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Saturday, 04.10.2008.

10:22

U.S. Congress approves financial bailout

President Bush has praised what he calls bold bipartisan action by the U.S. Congress in approving a measure aimed at rescuing U.S. financial markets.

Izvor: VOA

U.S. Congress approves financial bailout IMAGE SOURCE
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3 Komentari

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Ataman

pre 15 godina

An article funny to read, and worth to think about a little.
Has to be taken with some caution - but has a lot of truth inside.

http://tinyurl.com/5jdc4d

Does not mean, "sell your car and go live up in the mountains with the chicken" but don't forget, how wrong is the "western" picture of Russia.

Stereotype: "it's a bunch of clumsy bears"
Truth: "it's a large crowd of hedgehogs"

We are all hedgehogs in the East. :)

Large, scary dinosaurs are out there, too, for sure.

Leonidas

pre 15 godina

We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," Bush said. "

What a lot of waffle from somebody that hasn't got a clue about the events taking place in US.What he is actually saying is that the banks are borrowing the taxpayers money ,lend back to taxpayers and carge them for the privelege.
The real reason behind the bailout is for banks to shore their own capital not to advance credit to business-as Bush asserts.
Throwing taxpayers monies to a black hole isn't going to help but just delay the inevitable.The Anglo-Saxon capitalist models practiced by the US & Britain is essentially bust because is structurally dependent on collossal amounts of debt which is not going to be paid ever.

lowe

pre 15 godina

"We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," he said. "

As usual counting your chickens before they hatch. What else is new?

lowe

pre 15 godina

"We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," he said. "

As usual counting your chickens before they hatch. What else is new?

Leonidas

pre 15 godina

We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," Bush said. "

What a lot of waffle from somebody that hasn't got a clue about the events taking place in US.What he is actually saying is that the banks are borrowing the taxpayers money ,lend back to taxpayers and carge them for the privelege.
The real reason behind the bailout is for banks to shore their own capital not to advance credit to business-as Bush asserts.
Throwing taxpayers monies to a black hole isn't going to help but just delay the inevitable.The Anglo-Saxon capitalist models practiced by the US & Britain is essentially bust because is structurally dependent on collossal amounts of debt which is not going to be paid ever.

Ataman

pre 15 godina

An article funny to read, and worth to think about a little.
Has to be taken with some caution - but has a lot of truth inside.

http://tinyurl.com/5jdc4d

Does not mean, "sell your car and go live up in the mountains with the chicken" but don't forget, how wrong is the "western" picture of Russia.

Stereotype: "it's a bunch of clumsy bears"
Truth: "it's a large crowd of hedgehogs"

We are all hedgehogs in the East. :)

Large, scary dinosaurs are out there, too, for sure.

lowe

pre 15 godina

"We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," he said. "

As usual counting your chickens before they hatch. What else is new?

Leonidas

pre 15 godina

We have shown the world that the United States of America will stabilize our financial markets and maintain a leading role in the global economy," Bush said. "

What a lot of waffle from somebody that hasn't got a clue about the events taking place in US.What he is actually saying is that the banks are borrowing the taxpayers money ,lend back to taxpayers and carge them for the privelege.
The real reason behind the bailout is for banks to shore their own capital not to advance credit to business-as Bush asserts.
Throwing taxpayers monies to a black hole isn't going to help but just delay the inevitable.The Anglo-Saxon capitalist models practiced by the US & Britain is essentially bust because is structurally dependent on collossal amounts of debt which is not going to be paid ever.

Ataman

pre 15 godina

An article funny to read, and worth to think about a little.
Has to be taken with some caution - but has a lot of truth inside.

http://tinyurl.com/5jdc4d

Does not mean, "sell your car and go live up in the mountains with the chicken" but don't forget, how wrong is the "western" picture of Russia.

Stereotype: "it's a bunch of clumsy bears"
Truth: "it's a large crowd of hedgehogs"

We are all hedgehogs in the East. :)

Large, scary dinosaurs are out there, too, for sure.