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Archive for November 23rd, 2008

Obama planning more big government in 2009

In his radio address Saturday, the president-elect spoke of his determination to jump-start the American economy and create millions of jobs through large-scale infrastructure projects and alternative energy initiatives. He has also pledged to cut taxes for middle-income workers and small businesses.

Libertarians replace GOP as party of freedom

Following Senator John McCain’s 2008 presidential campaign, and the support of the massive bailouts by Republican members of Congress, the Libertarian Party says it has replaced the GOP as the party of free market advocates.

Government handout may extend to Citigroup

Nov. 21 (Bloomberg) — Citigroup Inc. will probably get rescued by the U.S. government after a crisis in confidence erased half its stock-market value in three days, investors and analysts said.