Wednesday, September 24, 2008

US Economy Stalls. Everyone cares but Americans.

Canadians have been watching, along with the rest of the world, as the US continues on it's dramatic economic decline. From a downward-spiraling auto industry to the subprime mortgage crisis to a proposed $700 billion (US) federal bail-out, the American economy has definitely taken a turn for the worst.
But in the race to fix what's been done, the current US administration is once again pushing legislation past the majority of the electorate without oversight or input from most Americans. It's really not surprising considering the current US Secretary of the Treasury is a former CEO of Goldman Sachs ("a large global bank holding company that engages in investment banking, securities and investment management").
But I digress...

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