don't know about gold but the math behind bush's rescue plan doesn't add up
it targets 250,000 households. 2 million need help
HUD secretary says it "won't cost taxpayers a dime" and fed govt will make money of it without explaining how.
mortgage holders need higher payments reset clauses promise to meet their own obligations.
this is just more happy talk by bush designed to placate americans as they head out for a long weekend.
what can bernanke do except lower interest rates?
the rest of the world can say it doesn't really affect them but a day of reckoning awaits the american people.
if the greatest consumer in the world has to pull it's horns in we will see if the rest of the world carries on regardless.
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