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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RJA_ who wrote (40049)9/18/2008 12:20:10 AM
From: Rolla Coasta2 Recommendations  Read Replies (1) | Respond to of 218024
 
There's 2 different issues. The concentration of this wealth is unjustified when we see so many poor people on earth, especially poor jewish people.



To: RJA_ who wrote (40049)9/18/2008 11:15:03 AM
From: elmatador  Respond to of 218024
 
Statesman speaks:Bush says he's working hard on economic turmoil
By BEN FELLER – 34 minutes ago

WASHINGTON (AP) — With the financial markets in turmoil, President Bush said Thursday that he shares Americans' concerns and that the government will act further to try to avert a deepening crisis.

Bush was supposed to spend the day in Alabama and Florida raising money for Republicans and talking energy policy. But he canceled the trip to focus on what is unfolding as the worst financial meltdown since the Great Depression.

Aiming to be reassuring and to show that he is working on the problem, he said the markets are adjusting to the "extraordinary measures" that have been taken in recent days by the federal government.

"The American people can be sure we will continue to act to strengthen and stabilize our financial markets and improve investor confidence," Bush said in two minutes of remarks — his first on the turmoil since Monday — just outside the Oval Office.

He did not specify what actions would be taken. The president was to meet with economic advisers over much of the day, and was seeing Treasury Secretary Henry Paulson at the White House later Thursday.

"Our financial markets continue to deal with serious challenges," Bush said. "As our recent actions demonstrate, my administration is focused on meeting these challenges."

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

WASHINGTON (AP) — President Bush says he shares the American people's concern about the situation in U.S. financial markets and the economy.

Bush says the markets are adjusting to "extraordinary measures" the government has taken to stabilize the economy.

The president delivered a statement to the America people from just outside the Oval Office. He said that he and his advisers are working to promote stability in the markets. But Bush did not announce any new policy moves.

The president scrapped an out-of-town trip to monitor the situation and will meet later Thursday with Treasury Secretary Henry Paulson.