Showing posts with label fiscal policy. Show all posts
Showing posts with label fiscal policy. Show all posts

Sunday, September 16, 2007

Gingrich mulls run for presidency, wants to stop Clinton; Greenspan says Bush admin. ideological on fiscal policy...

16 September :: Former US Speaker of the House of Representatives, Newt Gingrich, has said he is contemplating a late run for the presidency, to help Republican party overcome "chaos" in primary field; some see possible run as attempt to take on old foe Hillary Clinton... UK gov't faces criticism over policy of deporting political asylum-seekers back to DR Congo, where it says they face no imminent peril; new report says opposite, with testimony for former DRC security forces operative says such political refugees and dissidents face detention, truly brutal torture, rape and murder at hands of regime... In his new book, Alan Greenspan, chairman of the Federal Reserve for nearly two decades, criticizes Bush admin. for ideologically-driven fiscal policy; of the Republican-controlled Congress, he reportedly writes they "lost their way", adding "They swapped principle for power. They ended up with neither"; media reports suggest Rove's political apparatus had excessive influence over economic policies, Rove met with Greenspan briefly, only once or twice...

Thursday, September 6, 2007

Euro Bank injects 42.245 billion € to avert crisis; global carbon footprint 22.199 billion tons...

6 September :: European Central Bank has injected another 42.245 billion € into the euro-zone markets, via monetary auction with minimum interest of 4%; at least 46 banks and financial institutions are reported to have participated in the bidding for extra cash; the move is intended to shore up the euro against increasing 'volatility' as European markets respond to the US mortgage-lending and homeowning crisis... Actor Fred Thompson, a former US senator, has announced his official bid for the Republican nomination for US president; his campaign will be launched by webcast and with an official announcement on NBC's The Tonight Show; reaction is mixed, as the popular former senator has made moves to jockey for visibility that other candidates consider unethical, including taking out a campaign ad before officially announcing, that will air at the beginning of a presidential debate he is skipping... The global carbon footprint is listed at 22.199 billion tons by desmogblog.com, as of 12 noon GMT...

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