Archive for the ‘Plan’ tag
The senate has approved The Plan
The Plan – does it work?
Finally
Finally the great rescue plan put forward by the American President has been passed, though this has been taking the american politiciens a bit too long time in my oppinon. The great question is however: Will this act pull the americans out of their financial cricis?
Stocks…
The Stock market did not react with the positive tones as many had hoped it would. This talking for the fact that this plan might not be as effective as many had hoped it would be. I do however belive that we must possess ourselves in patience and let the plan work for more than a couple of days before we make our judgement. read comments on the political process of the american rescue plan here
The rescue plan was rejected
The plan was not passed
The great rescue plan that was to safe American economy from crashing was yesterday rejected by the republicans themselves! Bush finally managed to get the democrats along, but now it seems that this was not enough.
The powers of the market
The problem is that some politicians believe that the market should be allowed to stabelize without any interference from the government. One could think that this it is a sympathical thought, as the Wall Street should be able to rescue themselves. read more about the rejected rescue plan i the US