Tag Archive for Economy

700 billion “rescue plan”

My step Father, a naturalized citizen of the United States shared with me the following letter he sent to President Bush on Thursday. We rarely agree politically. As I usually point out to him, “he doesn’t know what he’s talking…

Former REPUBLICAN LA Mayor Endorses Obama!

Yes, it’s true. Richard Riordan, the REPUBLICAN who was elected as Mayor of Los Angeles from 1993-2001, is now endorsing Democrat Barack Obama for President! Why? Riordan said the Illinois senator was by far the best choice for the White…

WDYT: The Financial Crisis

As I write this now, the Dow Jones Industrial Average is already down 300 points and the Nasdaq Composite is falling 60 points just minutes after the Opening Bell. What’s rocking Wall Street is the total financial meltdown. Lehman Brothers,…

Bush-O-Nomics in Action

Bush, McCain, and their GOP should be proud of themselves… Shouldn’t they? The nation’s unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled…