Saturday, September 20, 2008

700 BILLION request by BUSH

The New York Times: Reports on the amount of money the Bush Administration is requesting to bail out the American economy and major companies. This shows that over the years that the government has not kept an eye on the Wall Street, this is something out of that great move Wall Street, the richer get richer and the Middle and Working class get taken for a ride and their money. The Government in the West have to keep an eye on the Financial Markets, the Western Economy cant not be allowed to be flushed down the toilet because a major company or companies take on bad debt as a way to make money in the long term, Bush has learned the lesson of Hoover, Hoover did not act, he was a Republican and he lost to FDR, the next Republican President was Eisenhower.

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