Perspective on Financial Mess on Wall Street

The thing that's on everyone's mind seems to be the financial crisis on Wall Street and the $700 billion bail-out that is being proposed in Congress.

This morning I read two articles that to me bring clarity on the seriousness of the financial crisis and the need for John McCain to step up and provide decisive leadership.

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Key figures from top planner’s 2010 annual report to China parliament (People’s Daily)

China’s National Development and Reform Commission on Friday submitted a report on the implementation of the country’s 2009 national economic and social development plan and on the 2010 draft development plan to the National People’s Congress, China’s top legislature. Following are some key figures from report: ACHIEVEMENT IN IMPLEMENTATION OF THE 2009 PLAN: — GDP for the year was 33.5353 …

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Lancet World Report examines GAVI’s funding gap (News-Medical-Net)

Lancet World Report examines the challenges ahead for the GAVI Alliance, which after a decade of “steadily increasing financing” is now “facing a funding shortfall for the next decade that could hamper the roll-out of new vaccines.” GAVI leaders attribute the funding challenges to the global economic crisis, which has kept government aid budgets from increasing, according to the Lancet.

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NDSU VP for finance quits – Newsday

(AP) — The vice president for finance and administration has quit at North Dakota State University, a school that has spent the last year mired in controversy over the way it spends money. Interim NDSU President Richard Hanson says John Adams …

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