Tag Archive: US/World
You are browsing the tag archive for US/World.
You are browsing the tag archive for US/World.
Emboldened by the swift passage of his $700 billion Emergency Economic Stabilization Act, Treasury Secretary Henry Paulson went before Congress on Monday to introduce a series of sweeping new bills that, when passed, will effectively declare Paulson to be the ultimate ruler of the universe for all time.
“I didn’t really think I could do it,” said Paulson, referring to the rapid passage of the $700 billion Wall Street bailout…
As Hurricane Ike sweeps through southeast Texas leaving a trail of devastation in its wake, Ford Motor Co. has announced an exciting new vehicle promotion available exclusively to hurricane-affected areas.
“For many Texas families, the massive destruction of Hurricane Ike has wiped out everything: their homes, their pets, and—most importantly—their pickup trucks,” says a new Ford TV ad already being broadcast across Texas Saturday. “Announcing the Ford Super Ike Disaster Recovery Sale.”
Crestfallen investors sent stocks tumbling Thursday, pushing the Dow Jones Industrials down over 340 points after shareholders and depositors continued the sell-off that began late last year, devastating hopes for a late-year recovery.
The market was already nervous as it waited for the government to release its August fall fashions report on Friday. So news from the nation’s financial centers that shareholders curtailed their buying last month due to a lower stock prices came as a heavy blow.