Nigerian Times

20 Apr 2008 17:57 Africa/Lagos In Case You Missed It RNC Victory Chairwoman Carly Fiorina On Obama's Distortion and Sen. John McCain (R-AZ)'s Economic Solutions WASHINGTON, April 20 /PRNewswire-USNewswire/ -- Fiorina: "Well, you know, Senator Obama has told us for months that words matter, and I agree with him. And his words in this regard are reckless. Just as they were reckless when he was misquoting Senator McCain on Iraq." (CNN's "Late Edition," 4/20/08) Fiorina: "So I think it would be best if we would actually argue about the facts of John McCain's plan. John McCain has been very clear that American taxpayers and homeowners are hurting, and he has laid out a very specific set of plans to help hard-working Americans in the here and now, whether it's the summer gas tax holiday, whether it is his home plan or whether it is his plan to increase the exemptions for dependents." (CNN's "Late Edition," 4/20/08) ...

Time for Real Change on the Economy and Taxes by Newt Gingrich (more by this author) Posted 03/18/2008 ETUpdated 03/18/2008 ET The news on the economy this week is increasingly unsettling. Gas prices continue to rise, with inflationary ripple effects throughout the economy. And the bust of the subprime mortgage market has now spread throughout the credit markets to such a degree that Bear Stearns, the fifth largest American investment bank, was sold last weekend in a firesale. Worse still, Wall Street's banks have essentially stopped lending. The appetite for any type of risk has come to a screeching stop. The problem is that a modern economy can't grow, let alone be sustained, for very long when banks stop lending. Companies use loans to finance operations, new equipment, and new acquisitions. That means if companies can't borrow, many will ultimately go out of business and thousands of people will lose their jobs. First Step: Immediate Action Needed to Stabilize the Hous...