Monday, June 16, 2008

Perot launches website to highlight U.S. 'economic crisis'

DALLAS (AP) — Billionaire former presidential candidate Ross Perot has started a website to highlight what he calls the "economic crisis" facing the country because of deficit spending.
The website announced Monday is, a play on Perot's use of economic charts in political advertisements during his 1992 and 1996 presidential campaigns.
In a statement Monday, Perot said the nation's debt reached $9.4 trillion in April and is rising more than $1 billion a day.
"We are leaving our children and grandchildren with debt they cannot possibly pay," he said. "The economic crisis facing America today is far greater than anything since the Great Depression."
The website, which Perot said is nonpartisan, includes a video of Perot, a blog and a chart presentation explaining the nation's economic problems.

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