Wednesday, December 15, 2010
U.S. stocks hit a bear market of the four countries finance ministers meet in an emergency.
<P> Bush and Bernanke supports plan to stimulate economic growth as soon as possible </ P> <P> U.S. President George W. Bush and the U.S. Federal Reserve Chairman Ben Bernanke, 17, respectively, to stimulate economic growth as soon as possible to support programs to prevent .U.S. economy into recession. .Bush on the same day the specific content of programs with congressional leaders by telephone consultations. .Click to enter the United States subprime mortgage crisis topic """</ P> <P> White House spokeswoman Dana Perino told the press that President Bush has determined that the current economic weakness in the face of the situation must take some stimulus. .She also disclosed that the Bush State of the Union scheduled for the end of the disclosure of related programs, but based on the current tight economic situation, Bush decided to announce as soon as possible is necessary to stimulate economic growth program. .</ P> <P> It: http://finance., According to the schedule of the White House announced that Bush will deliver a speech on the 18th of this month, is expected to stimulate economic growth will be made in the program. .According to reports, the amount of the program may involve up to 1,000 billion USD, some of which may include some people and businesses to provide tax cuts, increase poverty and unemployment subsidies, and help people successfully completed a number of unfinished projects and so on. .</ P> <P> the same day Bush and House Speaker Nancy Pelosi and other congressional leaders for half an hour conference call to discuss the current economic situation and stimulate economic growth program. .Outsiders believe that this shows that Bush hopes to get congressional support for the Democratic and Republican parties, so that the program adopted and implemented as soon as possible. .</ P> <P> the same day, Federal Reserve Chairman Ben Bernanke testified before the House Budget Committee, said that he supported as soon as possible to stimulate economic growth program, it is extremely important in the current. .</ P> <P> by the subprime mortgage crisis, the recent upheaval in U.S. financial markets. .Some economists believe the U.S. economy into recession may have begun. .Widely believed to prevent the economy into full recession, in addition to the Bush administration will soon be introduced to stimulate economic growth programs, at the end of this month the Federal Reserve monetary policy decision-making cases is likely to continue cutting interest rates at 0.25 or 0.5 percentage points .. .</ P> <P>.
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