It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
US President George W Bush warns the US economy is at a "critical moment" as he vows to get his Wall Street rescue plan through Congress.
He said consequences would be "painful and lasting" if the $700bn (£380bn) deal rejected on Monday by the US House of Representatives was not passed.
Originally posted by Blueangel7
Why can't the countries get together and just forgive the debt? Didn't they do something like that before? We all need food, clothing and shelter, but it is getting difficult to live a normal life with this kooky economy. Why can't we just forgive the debt and start over with a clean slate?
Originally posted by Blueangel7
Why can't the countries get together and just forgive the debt? Didn't they do something like that before? We all need food, clothing and shelter, but it is getting difficult to live a normal life with this kooky economy. Why can't we just forgive the debt and start over with a clean slate?
Originally posted by DJMessiah
Seriously, the 700 billion isn't even there to help the public. All it's there for is so that banks have more money to lend out, increasing the debt, and adding more fuel to the fire.