Tag: economy

British Nationalize the Banks

The UK government has announced details of a rescue package for the banking system worth up to £50bn ($88bn). It will initially make the extra capital available to eight of the UK’s largest banks and building societies in...

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Geroge Bush blames the financial crisis substaintial foreign investment and a subsequent increase on bad consumer credit from greedy Wall Street bankers

    A state of the afairs to squash fears amongst citizens in the United States of Amerca is sure to send ripple affects around the world; as we are all intertwined in this financial mess. President George Bush tonight spoke...

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Statscan Censorship?

An interesting post on The Progressive Economics Forum —- Once again, there seems to be a heavier hand in editing Statistics Canada’s releases.  This morning The Daily reported that: “Spending on research and development...

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