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Fannie Mae

US Federal Reserve Chairman Ben S. Bernanke At the National Association For Business Economics...

Good afternoon. I am pleased to have once again the opportunity to address the National Association for Business Economics. My remarks today will focus on recent developments in the financial sector and the economy and on the...

Extend state ownership to save jobs

We are entering a period of financial socialism, by which I mean that the government is buying enterprises which cannot survive in the free market – Fannie Mae and Freddie Mac, the $700bn credit bailout in the US, Northern Rock...

Palin stretches truth in campaign speeches

Republican vice presidential candidate Sarah Palin tells audiences the election is about the "truthfulness and judgment" needed to be president. But the Alaska governor often stretches the truth herself.

Fed minutes show policymakers saw balanced risks at Sept. meeting

By Martin Crutsinger, AP Economics Writer WASHINGTON — Even in the midst of a severe meltdown on Wall Street, Federal Reserve officials at their September meeting believed the risks from weaker growth and higher inflation were...

Bush to America: Hang in there

"I know that the days are dim right now for a lot of folks," Bush said. The government's unprecedented plan to buy up Wall Street's failed assets has not kept the stock market from plunging or the credit crisis from imperiling...

SUN WUKONG : China takes stock in crisis

China's refusal to allow full convertability of its currency has left its economy relatively isolated from the financial crisis sweeping the world. But exporters will suffer, and market reforms that have been underway for three...

With bailout, socialists say Bush is now ‘a fellow traveler'

By TYLER BRIDGES - With the Bush administration's Treasury Department resorting to government bailout after government bailout to keep the U.S. economy afloat, leftist governments and their political allies in Latin America are...

David Brooks: Testing time

Every few years, the world seems to face a new testing time. After Sept. 11, leaders had to figure out how to respond to Islamic extremism. Today, leaders around the world have to figure out how to stabilize economies amid...

Waxman bashes AIG's luxury spending (Politico)

Politico - With the bailout vote in the rearview mirror and the stock market still spiraling downward, Rep. Henry A. Waxman (D-Calif.) found a new target Tuesday, questioning why insurance giant American International Group...

Conservatives Blame People of Color for Wall Street Meltdown

Conservatives Blame People of Color for Wall Street Meltdown Washington Afro, News Report, Zenitha Price, Posted: Oct 07, 2008 (October 3, 2008) - Efforts on the part of some conservatives to pin the Wall Street meltdown and...

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