Press Release: DNC Urged To Let Candidates Come To Florida

Could the democrats actually come to Florida after all?

In a press conference today, Alex Sink urges the DNC and Democratic State Party Chairs to release Presidential Candidates from their pledge to stay out of Florida.

READ FULL PRESS RELEASE HERE

Could US Economy Send World Into Recession?

This is from my post at the Care2 Election Blog and cross-posted at The Political Voices of Women

Tuesday marked an historic and troubling moment in our economy. Even after the Bush announcement on Friday, of a stimulus plan to jump-start the economy. It became clear, after markets around the world fell sharply on Monday, that the Bush plan just wasn’t going to be enough. So in an emergency effort by the Federal Reserve to stabilize the market, interest rates were dropped (0.75%) just before the opening bell on Tuesday. However, even with this desperate move by the Fed, the DOW still ended the day at a 15 month low.

Now the question isn’t…Is our economy in trouble? The question is…How much trouble is our economy in? And – How will our economy recover from this? How many people will lose their jobs? Their homes? Their healthcare? Only time will tell.

The looming recession may be worse than the other two serious economic downturns that have hit the U.S. in the past 25 years, according to the Wall Street Journal.
The reason is simple: the housing market is horrible, energy prices are high and the job market is weakening. Moreover, it is still not clear whether big Wall Street firms such as Merrill Lynch & Co. (NYSE: MER), Citigroup Inc. (NYSE: C) and Morgan Stanley (NYSE: MS) have a handle on the meltdown in the subprime mortgage market or whether any of the economic stimulus packages being proposed will do any good.

It seems the Bush administration has ignored (even denied) this country’s economic problems, to the point that we are now in danger of not only facing a recession in this country…But, possibly being responsible for a world-wide recession.

This is what is being reported in news around the world…

Australia — Current Market Crisis is ‘worst in 60 years’

Saudi Arabia — Global Recession Likely

BBC – Top Bosses Fear Global Recession

What the bloggers are saying…

From AlterNet — How to Pull Out of a Recession: The Ethical Way, Not the Bush Way.

BlueBloggin — World Markets React To Bush’s Plan

Dandelion Salad — The Bush Dollar Trap

I heard Donald Trump on Larry King. They were talking about the Bush Stimulus Plan. Larry asked, if giving checks for people to spend would help the economy? Trump basically said…Americans would just be going out and buying products made in China, stimulating the economy of China. I never thought of if that way?

How are you feeling about the economy? Are you worried? Do you think the Bush Stimulus Plan will help? How would you spend your check?

More at the Care2 Election Blog