Thursday, October 2, 2008

US President urges again for a bailout


After the first initial bailout bill was rejected at Capitol Hill by the house, US President George Bush urges again the house to revisit the bailout plan. He said, that don't consider it as a bailout plan but consider it as a Investment in American Economy to safeguard US taxpayers and International Economy from a long term recession. The bailout is really required to bring faith in the American economy and keep liquidity in the market and to prevent further breakdown of some of the ailing banks in Wall Street.

Thanks&Regards,
Mohit Kumar



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