Gravity of Crisis Not Reflected in Stimulus Bill

Posted by Tina

Theres strong evidence that the economic crisis is not only very serious for America but around the entire world . Many nations are looking to the United States to lead the way toward strong recovery and stability:

** Washington- President Obama and senior administration officials have begun receiving a daily CIA report on the global economic crisis in addition to briefings on terrorist threats and other national security issues, CIA Director Leon E. Panetta said Wednesday. The CIA’s role in producing the report underscores the level of anxiety within the administration over how rapidly the economic downturn is spreading, as well as its potential to hobble foreign governments and trigger instability overseas. Los Angeles Times **

So why, given the gravity of the situation, would our esteemed elected officials in Washington overload the stimulus bill with so much extraneous pork spending?

And a rhetorical question, if I may: Why does the bulk of this article, Obama begins getting daily CIA report on economic crisis, by Greg Miller – LA Times, address issues related to the terror war rather than the economic crisis as the title suggests? Its almost like the LA Times is trying to avoid war headlines” during the Obama presidency.)

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