The Policy Response
U.S. Federal Reserve chairman Ben Bernanke says the plan proposed by President-elect Barack Obama should provide the economy with a “significant boost.” But he also warns the government must take strong steps to reform the financial system.
During a speech at the London School of Economics Tuesday, Bernanke also warned that the timing and strength of a global economic recovery are still “highly uncertain.”
He said the financial crisis has shown that the world is too interconnected for nations to “go it alone” in economic, fiscal and regulatory policies.
Meanwhile, the U.S. government says the country’s trade deficit plunged to its lowest level in five years in November as oil prices fell and consumers cut back on spending.
The government report says U.S. imports fell by 12 percent, with imports from China dropping by the largest amount on record.



Zig Ziglar often tells the story of the time he won a prized country ham in a sales contest.
When he got home, he handed the beautiful ham to his wife, Jean. She immediately cut the end off the ham and ...
Time to Undo the Rescue?
By Eric Singer
http://www.americanthinker.com/2009/03/time_to_undo_the_rescue.html
President Obama recently delivered a speech where he identified the housing problem as one of foreclosures, citing a study that foreclosure signs depress prices by 9%. This is a lot like saying thermometers cause ...
This should help you in detecting warning signs that suggest deception. In our day and age, we are bombarded with public relations, image and branding, which is full of half-truths. Lie is a lie. However, this dense physical 'world' has ... 
There is something about me..