Voice of American (VOA) reports on global financial meltdown.

The financial crisis, used to justify the $700 billion Wall Street bailout approved by Congress and signed into law by President Bush on Friday, deepened dramatically Monday, as stock markets around the world registered massive losses in panic selling.

Europe's ruling elite has reacted with shock and disbelief to what they fear will be the most serious crisis for world capitalism since the Wall Street Crash of 1929. ***

The WSWS reports:

Are we really, right now, in need of a Government Bailout???

Tuesday, January 22, 2008 Are we really, right now, in need of a Government Bailout???