CNBC : Dick Armey - Former Majority Leader
Submitted by xciteful on Thu, 10/02/2008 - 06:05
These are some of Armey's points this morning:
1. Senate bill did not originate in the house and could be a problem
2. Historically any tax measures must come out of the house.
3. I think we will see another failure of passage.
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I agree. And I was convinced this was a done deal.
Here's a hint of what our creditor countries are considering...
JP) JAPAN VICE FIN MIN SUGIMOTO: MOF IS IN CLOSE CONTACT WITH OTHER COUNTRIES AS FINANCIAL CRISIS IS SPREADING FASTER THAN EXPECTED
- Adds that G7 meeting will discuss markets and slowing global growth
- Ministry remains cautious on cutting foreign reserves EWJ JGB>
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