"There is no short-run other than keeping the economy from absolutely tanking." So says Joe Biden, Vice-President elect. He and Barack Obama have had a look at the Bush books.
"The economy is in much worse shape than we thought it was in,' said Barack Obama's number two in his first TV interview since last month's election triumph. "We've got to begin to stem this bleeding here, and (start) the creation of jobs,' he said. "The day we're sworn in, the thing that we have to worry about is the further collapse of this economy. No president since Franklin Roosevelt would have had such an immediate, urgent obligation." But he and Obama are just carrying on with the bailout baloney.
So we have had fake money going after bad, and now they intend more money to go chasing after the bad. Has anyone considered doing a proper job instead?
Government shows a lack of steel
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The government is misleading steel workers. The 2 blast furnaces they
saved from closure are costing taxpayers £1.3 m a day, an unacceptable rate
of loss....
6 hours ago
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