Wall Street Breakfast: Must-Know News [View article]
It is pretty simple. The people refuse to borrow. Therefore the government must borrow. Whether this ruins the credit rating of the USA remains to be seen. But it could be a positive for commodities if inflation takes hold. It is a race between inflation which heli Ben wants and deflationary housing and lending that is dragging the economy down.
Commodities Should Profit from the Bailout Plan [View article]
It is not certain that inflation will rule, however that is the goal of the government, to inflate our way out of this massive deflation. Yes they can coexist, because commodities can go up due to the weakening dollar while housing can continue to tank. There is going to be a massive increase in borrowing by the central government which should pump money into the system, keeping China afloat. They export stuff to us, we export credit to them. Credit is all we produce. The lack of borrowing by citizens will be offset some by government borrowing. The government will in effect, borrow FOR US.
BofA, Lehman, AIG: The New Financial Realities [View article]
Lookingin, you are wrong. Bush financed the Iraq Oil War with liar loans. He allowed 9/11 as an excuse to go into Iraq. He wants to surround Russia and start another cold war or ww3. It is all at my blog. Learn, Lookingin. You are so deceived.
Bush is about Bush. To hades with the average American. You need to study about PNAC and the neocons and leo Strauss at Wikipedia. Then you will understand that lying to the masses is what neocons are all about. That is why Palin is already up to her eyeballs in lies.
Who says that the treasury is taking the GSE's on the balance sheets? They are saying that this is a temp situation and that they are NOT putting them on the government balance sheets. I don't know how they can guarantee the bonds while keeping them off the balance sheets. I think the government is lying. They cannot have it both ways.
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Latest | Highest ratedWall Street Breakfast: Must-Know News [View article]
Commodities Should Profit from the Bailout Plan [View article]
BofA, Lehman, AIG: The New Financial Realities [View article]
Bush is about Bush. To hades with the average American. You need to study about PNAC and the neocons and leo Strauss at Wikipedia. Then you will understand that lying to the masses is what neocons are all about. That is why Palin is already up to her eyeballs in lies.
The Fannie/Freddie Heist [View article]