The U.S House of Representatives rejected President Bush’s 700 billion dollar rescue bid aimed at bailing out Wall Street (though they couldn’t show this sense when their intelligent leader decided war was needed). With Wall Street’s Dow Jones index taking its biggest one-day points fall in history after the deal was denied, European share indexes [...]
Posts Tagged ‘recession’
The Media is Helping Kill the Economy
Posted in Uncategorized, tagged business, david cameron, economics, economy, election 2008, election2008, finance, finances, government, john mccain, mccain, media, news, politics, recession on September 30, 2008 | 4 Comments »
Gordon Brown Re-Writes His Own Rules
Posted in Uncategorized, tagged budget, current affairs, economy, fiscal rules, gordon brown, government, labour, politics, recession, tax, taxes on July 18, 2008 | 1 Comment »
Surely most of us have been in a financial quagmire at some point in our lives and learned that borrowing your way out is not the answer. Not Gordon Brown and Alistair Darling.
As the global recession lumbers closer, the government has announced its latest attempt to cope; re-writing the rules. With less money coming in [...]
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