GDP expanded more slowly in 2nd Quarter because of the continuing downturn in the housing market and the financial crisis. The bailout package may be approved by Congress today,Monday but the effect would not happen overnight. A pie in the sky or otherwise? Let us wait to see the impact domestically and overseas markets with cautious optimism. Nobody has the clearcut answers,only time will tell.
Published by the Washington Post,Sept.27, 2008 on page D3: Next April 15, checks for billions of dollars will go out from the US Treasury to Citigroup,Bank of America et al. A token of gratitude for having done to create and sustain our innovative and efficient financial system.(sic) E-Mail: pearlsteins@washpost.com
As a Kentucky Colonel,I was glad to see the photo showing the old Maker's Mark distillery operation in Loretto,Kentucky.(WashPost,9/28/08 page P4 I visited Shandong Province and had a taste of the famous Chang Yu wine with good memory.
Francis Shieh a.k.a. Xie Shihao with a taste bud for the joy of red grape wine apropos of good health. Sept. 29, 2008 at 6.38 a.m.
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