randombit + economy   24

Bush Calls For Panic
Speaking from the Oval Office, Bush assured citizens that in these times of great uncertainty, the best and only course of action is to come under the throes of a sudden, overwhelming fear marked by hysterical or irrational behavior.
politics  economy 
december 2008 by randombit
U.S. Recession May Have Begun in Last Quarter of 2007
The U.S. economy 'may' have slipped into a recession in the last three months of 2007 as consumer spending slowed more than previously estimated and the housing slump worsened, revised government figures indicated.
economy  corruption  finance 
july 2008 by randombit
Fannie, Freddie 'Insolvent' After Losses, Poole Says
Former St. Louis Federal Reserve President William Poole on Fannie Mae and Freddie Mac "Congress ought to recognize that these firms are insolvent, that it is allowing these firms to continue to exist as bastions of privilege, financed by the taxpayer"
fannie  housing  economy  finance 
july 2008 by randombit

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