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Posts Tagged ‘Ben Bernanke’

LONG BEACH— President Bush gave his final speech to the United Nations yesterday. Shortly there after the worlds favorite Islamic leader declared

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LONG BEACH, ATLANTA— The massive corporate bailout brought on by the recent financial market crisis sparked the biggest one-day jump in the history of oil prices, at one point pushing the price of oil up by $25/barrel in yesterday’s trading.  Granted, there are other complicating factors in pricing oil these days, including OPEC’s decision to cut production and the hurricanes [...]

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If [the bailout] doesn’t pass, then heaven help us all” —Henry Paulson, United States Treasurer. ATLANTA— I am now becoming increasingly afraid that we are walking over a gigantic cliff in US economic history.   We are on the verge of passing massive legislation to socialize the losses of Wall Street banks and financial institutions. The [...]

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