Posts Tagged ‘Economy’

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President Bush Acknowledges U.S. Economy in Recession, Automakers in Serious Trouble

December 5, 2008

george-bush-543.jpgPresident George W. Bush publicly acknowledged for the first time Friday that the U.S. economy is in a recession and worried aloud that Detroit’s Big Three automakers may not all survive their mounting troubles.

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Obama says New Team will ‘Jolt’ Economy

November 25, 2008

barack-obama98.jpgWith the economy in crisis, President-elect Barack Obama pledged Monday to honor the commitments the outgoing Bush administration has made to rescue financial markets and urged the new, incoming Congress to pass a major stimulus package “right away” to restore growth and create jobs.

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In Bad Economy, Divorcing is Even Harder To Do

November 18, 2008

Bonnie Rabin is fond of saying that divorce lawyers are a bit like liquor stores. They’re busiest in the really good times, and the really bad. These, of course, would be the bad times.

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Rick Warren Weighs In on Economy and Prop 8

November 14, 2008

rick-warren-8.jpgPurpose Driven Life Pastor Rick Warren weighed in on the economic downturn and President-elect Barack Obama’s proposed plan to redistribute wealth during an interview this week.

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Even Mighty Harvard Struggles Amid Poor Economy

November 11, 2008

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Despite amassing an almost $37 billion endowment, Harvard University is warning that the economic slowdown has reached America’s richest university. 

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