Thursday, September 10, 2009

Obama to Give Speech on Financial Crisis Monday

Almost one year after the bankruptcy of Lehman Brothers that triggered the global credit crisis which in turn plunged the world into simultaneous recession.

Yet another chance for the president to blame his predecessor and claim "we saved the world".

I wonder if anyone screams "You lie!" again.

(I personally don't understand what's the big deal. South Korean and Taiwanese parliaments break into fist fights; Japanese used to do that. Backbenchers of the British parliament have been heckling and shouting down the prime minister for several hundred years now.)

Obama to give speech on financial crisis Monday (9/10/09 Reuters)

"WASHINGTON, Sept 10 (Reuters) - U.S. President Barack Obama will give a speech about the financial crisis on Monday, marking the anniversary of the collapse of Lehman Brothers, the White House said.

""He will discuss the aggressive steps the Administration has taken to bring the economy back from the brink (and) the commitment to winding down the government's role in the financial sector," the White House said in a statement."


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