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Keyword: seconddepression

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  • We Have Averted Second Depression, Obama Claims ["You Lie"]

    09/13/2009 12:26:19 PM PDT · by Steelfish · 30 replies · 826+ views
    London Times ^ | September 13, 2009
    September 13, 2009 We Have Averted Second Depression, Obama Claims Tim Reid in Washington President Obama will declare tomorrow that his economic policies saved America from a second Great Depression, but his words of reassurance risk being drowned out after a tumultuous 48 hours of protests and debate over his spending plans. Mr Obama will speak on Wall Street a year after the collapse of Lehman Brothers, an event that unleashed a global financial meltown and the worst economic crisis since the Depression. In his speech, a week before he hosts the Group of 20 financial summit in Pittsburgh, Mr...