Barack Obama is fighting with George Bush about using some of the multi-billion dollar fund for the bailout for financial institutions to rescue troubled car maker General Motors. George Bush is intent to preserve his legacy as a champion of free trade not realising that he has already firmly left a legacy of a totally different type everywhere in the world.
It appears many Americans misunderstood Obama when he said ‘there can only be one president at a time’ earlier last week. What he probably should have clarified is that the one president is Obama.
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[…] the USA and Europe from a prolonged recession, how governments intervene in terms of structuring bailout packages will have a significant impact on taxpayers, shareholders and future investment […]