dreamer

Obama Placing the Economic Cart Before the Horse

Hind sight is 20/20. Every one is expert in administration, finance, energy and so on. people become self expert, like self made supervisor.
Where were the wise people when crash was dangling over for more than a year? Market GURUS are hiding their faces.
What I point out that, to criticise others is easy, it is a child play. To come with solutions without if and but and to stand guarantee for solution is not a child play. It requires confidence and courage. Think of original and not criticise others without resposibility.

The Cramer Crash?

Perception of every one is different. Very famous means liked by around 70% of the people. There will be 30% aginst or will disagree. Fundamental of problem idicates that population of unfortunate people (less income group) has increased and is increasing. Think about the value of default loans and bail out money to estimate the number of these unfortunate people. Those people are the heart and soul of the economy. Ofcourse we will survive but with low pace and probably Cramer suggest that.

The Secret Villain Behind Our Economic Collapse

Very good article.
You know less than one third of iceberg remains above water. current problem is like that.
Every one is talking about the problem above the surface. I think very have addressed the root of the problem. What is the epic center of this financial earthquake?
Grreedy financial people tried to squeeze the people who were already squeezed in to low income group, without even thinking what will happen if more than a few fails to pay their installment. More than a few failed and other who are not deserved joined them downhill game.

Basic problem is going to get worst. There will be to classes, rich and poor. Income per capita will go down and lots of people will not be able to afford the sweet home for the current price. Even the funds and investors will be reduced and more gamblers will be out.
Our economy is based on medium and low income people and the fate of the economy will be the fate of this people.

Wall Street Breakfast: Must-Know News

Oil price is going up that scares the consumers but not the government. In fact timely government inventory drop serves as catalyst to price increase. There is no cry from the goverment to control or to do some thing. After reading David Baldacci's and Clive Cussler's fiction stories on government, my question is "is there any connection."? Our scientist and researchers those who put man on the moon are capable producing quick results considering hydrogen and bio fuels. In fact pwerful hydrogen technology was develpoed by private investor in late seventies and is readily available. Only we need money and interest of our goverment. Is oil lobbyist over powering consumers cry?