Friday, May 16, 2008

More economic issues

Fed's Direct Loans to Banks Climb to Record Level...

Senators Warn Global Warming Bill Could Spike Gas $1.50 to $5 a Gallon...

Congress to Saudis: Give Us Oil or No Guns: A group of Democratic senators wants to make a massive arms sale to Saudi Arabia contingent on getting cheaper oil, reports AFP. "We are saying to the Saudis that, if you don't help us, why should we be helping you?" says Chuck Schumer, a Democratic senator from New York.

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