Saturday, January 19, 2008

More Dollar problems


Stocks Shaky Again...
PAPER: Dow 6,000 or Dow 14,000? It depends on whom you ask...
Bush considering $800 tax rebate...
*Lays Out Stimulus Ideas

Bush's “Stimulus” Cash Giveaway; “Gentlemen, Start The Helicopters”

By Mike Whitney

The White House is now in full-panic mode. In fact, the falling stock market has the administration so worried that Bush will deliver a speech later today that will lay out the details of a “stimulus package” designed to rev-up flagging consumer spending. Continue


George of Arabia:

Better Kiss Your Abe ‘Goodbye’

By Greg Palast

Bend over, pull out your wallet and kiss your Abe ‘goodbye.’ The Lincolns have got to go - and so do the Hamiltons and Jacksons. Those bills in your billfold aren’t yours anymore. The landlords of our currency - Citibank, the national treasury of China and the House of Saud - are foreclosing and evicting all Americans from the US economy. Continue

Fund stops investor withdrawals : A rush to withdraw money from its commercial property funds has forced Scottish Equitable to introduce delays of up to 12 months for its customers.

Bush considering $800 tax rebate to boost US economy: report : President George W. Bush's administration is considering an individual tax rebate of up to 800 dollars as a short term measure to help boost the sagging US economy, a media report said Friday.

Bush calls for economy kick-start : Some lawmakers and officials are pressing for a tax rebate of at least $300 per taxpayer, with some lawmakers seeking as much as $800 for per person and $1,600 for families.

U.S. economy teeters on the brink: Bush, Bernanke endorse $100-billion package in effort to prevent recession as housing mess hammers banks, consumers and investors

California home prices drop nearly 15 percent: Plummeting median cost in December during a 20-year record sales falloff


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