[J. Abizeid]

U.S. to lose financial superpower status: German finance minister - MarketWatch
LONDON (MarketWatch) -- Germany's finance minister on Thursday laid the blame for the global banking crisis on the Anglo-American free-market model's quest for ever-higher near-term profits, predicting the United States would soon lose its role as the world's dominant financial power.

Quick Fed rate cut on table - MarketWatch
WASHINGTON (MarketWatch) - A quick rate cut in coming days is definitely on the table, several Fed watchers said Thursday.

Oil rises $2 on bailout hopes: Financial News - Yahoo! Finance
Oil rises $2 on bailout hopes


(Anyone would like to guess which way the dollar will be going the next few months/years?)
It is regrettable that the Lebanese government is not able to peg the LL to the euro.
Why should the Lebanese consumer pay more for gas in order to bail out the US economy and its failing/fraudulent banking system?
Lebanon is more connected to Europe economically and geographically.
Europe has its financial problems like every other continent but the difference is, unlike the US, it is more honest and more transparent about its economic situation. It doesn’t use deceptive Hollywood tricks and that’s a great advantage.
I hope we all realize that for the sake of our economic stability.