Archive for the ‘stories’ Category

Obama vows to lead US from dire 'day of reckoning'

WASHINGTON – President Barack Obama promised a nation shuddering in economic crisis Tuesday night that he would lead it from a dire “day of reckoning” to a brighter future, summoning politicians and public alike to shoulder responsibility for hard choices and shared sacrifice. “The time to take charge of our future is here,” Obama declared, [...]

Posted on February 25, 2009 at 12:00 by admin · Permalink · Comments Closed
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Economic Crisis May Be Worse Than Great Depression

NEW YORK — “Even the experts don’t quite know what’s going on.” Speaking to a number of those experts Friday, Paul Volcker, a top economic adviser to President Barack Obama, cited not only the lack of understanding of the global financial meltdown but the “shocking” speed with which it had spread across the world. “One [...]

Posted on February 23, 2009 at 10:26 by admin · Permalink · Comments Closed
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