Today in the economy

[VictorCharlie]

Ever the optimist Kirk...We can only hope that if Obama does it that he puts together a really good study of the nations who do it well and who dont

[Kirkland Laing]

Who'll read it? He promised to hold healthcare negotiations in public with the healthcare people and their lobbyists so that people see whose side the politicians are really on. I'd like to see that.

[VictorCharlie]

Damn't man give some strand of hope I can cling to

[killersheep]

4/2/09

EU - Interest rate announcement

Actual 1.25%|Forecast 1.0%|Previous Month 1.5%|Previous Year 4.25%

The European Central Bank (ECB) decision on short term interest rate. The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability

ECB: Key interest rates

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G-20

April 2 (Bloomberg) -- World leaders agreed on a regulatory blueprint for reining in the excesses that fed the worst financial crisis in six decades and pledged more than $1 trillion in emergency aid to cushion the economic fallout.

The Group of 20 policy makers, meeting in London, called for stricter limits on hedge funds, executive pay, credit-rating firms and risk-taking by banks. They tripled the firepower of the International Monetary Fund and offered cash to revive trade to help governments weather the turmoil resulting from the surge in unemployment. They avoided the divisive question of whether to deliver more fiscal stimulus to their own economies.

G-20 Backs Regulation Crackdown, $1.1 Trillion Aid (Update3) - Bloomberg.com

[VictorCharlie]

are they going to get rid of direvatives?

[Kirkland Laing]

are they going to get rid of direvatives?

No, but they claim they're going to regulate them. We'll see how much regulation they end up managing to legislate.

[BoomBoom]

The economy is so bad......
A hooker asked me to borrow $100 till she can get back on her back!

[El Kabong]

Who'll read it? He promised to hold healthcare negotiations in public with the healthcare people and their lobbyists so that people see whose side the politicians are really on. I'd like to see that.

He's a politician that's what they do....and then they count on people not to call them on it.

Bipartisanship, ending pork barrel spending, transparency in government...etc etc etc.

Nothing will come of them. Universal healthcare is coming to the US...it's going to suck big time, I'm the first guy to say the healthcare system isn't perfect but nationalizing it won't help ANYONE.