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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (17160)2/2/2009 12:21:20 PM
From: Real Man  Read Replies (1) | Respond to of 71417
 
True, but something needs to be done about this financial
crisis, or we are going into the black hole right now, and
maybe all that won't even help.

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Earlier Monday, Obama promised to establish a review board to
oversee the government's separate $700 billion financial
industry bailout program. He also signaled it is likely that
his administration will ask for more money for that program
beyond the $700 billion.

"We can expect that we're going to have to do more to shore up
the financial system," Obama said.

An announcement is expected next week on how the Obama
administration plans to use the last $350 billion of that
effort, which has come under heavy congressional and public
criticism.

The president said he was taking full responsibility for
rescuing the U.S. economy, in its worst downturn in 80 years.

finance.yahoo.com