A Dire Warning for the U.S. Economy [View article]
>>In 1932, during the worst of the Great Depression, only 273,000 families suffered foreclosure during the entire year. Meanwhile, in April of this year (i.e. just one month) there were 342,000 foreclosures.
Comparing 273,000 foreclosures in 1932 to 342,000 in April 2009 seem staggering, but a comparison to the 1932 should include additional statistical data such as the number of housing units back then and today, the population growth, etc. Without a true and fair comparison, I see this as nothing but a fear mongering article.
Bernanke Speaks Out on the Great Recession [View article]
constructe made a good point about unemployment. I totally agree with that as I wrote an article about it as well digg.com/business_fina... We are all pointing the finger at everything else but the real root cause of unemployment. Many are even denying this fact, but you can only spend when you know you are able to make that money.
The Bailouts Are Doomed - All of Them [View article]
Great article. The politicians have forgotten that they are public servants, appointed by the public to protect the public, not the bankers or the lobbyists. We need to punish those who have broken the public trust, to the fullest extent of the law.
What Happened to Objectivity and Integrity? [View article]
Millions? Did you says Millions? Thats nothing, Here in the USA, we write off Billions. Millions is what we pay our CEOs to bankrupt companies while they play golf!
Madoff's Fraud Is Nothing Compared to the U.S. Treasury's [View article]
That is the sad truth. We live in a world of scammers who prey on the helpless, uneducated, and trusting. The sooner we put these crooks in jail, the better.
Free Trade Agreements = Evaporated Jobs Worldwide [View article]
Interesting article. I wrote an article about automation robots, which is another factor in the quest for reducing that we hardly talk about cost xmplary.blogspot.com/2... Retraining in the skills of tomorrow is the only way for survival for most workers.
Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example [View article]
Interesting article. All we have had recently is one scandal after another, and giving money to the foxes guarding the hen house without checks and balances in place is only going to lead more of it. Paulson and the $700 billion is not going to be any exception either. When one guy like Madoff can con the con men of Wall Street for $50 billion, you are dead right with your article.
Our Economic Crisis: The Grand Experiment [View article]
We were told many things that were wrong. The politics here seems to be getting as corrupt as those of the 3rd world countries. Just look at the Illinois Governor for an example. Wall Street has become a place for even bigger and bolder scammers as well. If we can't count on the people that are supposed to represent us, who can we trust?
The Real Cost of the 2008 Recession [View article]
Whatever bailout we do, dont let it spread to cheese! Italians are bailing out cheese companies... If it spreads to chesse, who knows what, where the cheese will be spread on! xmplary.blogspot.com/2...
Expecting a Sell-Off: 35 Ways to Protect for Less [View article]
A Dire Warning for the U.S. Economy [View article]
Comparing 273,000 foreclosures in 1932 to 342,000 in April 2009 seem staggering, but a comparison to the 1932 should include additional statistical data such as the number of housing units back then and today, the population growth, etc. Without a true and fair comparison, I see this as nothing but a fear mongering article.
Bernanke Speaks Out on the Great Recession [View article]
The Bailouts Are Doomed - All of Them [View article]
What Happened to Objectivity and Integrity? [View article]
Does the Santa Claus Rally Exist? [View article]
U.S. Dollar: The Trade of the Decade [View article]
Madoff's Fraud Is Nothing Compared to the U.S. Treasury's [View article]
You Cannot Stop Obama from Saving the Economy [View article]
Obama's $1 Trillion Stimulus Plan Will Outspend FDR [View article]
Free Trade Agreements = Evaporated Jobs Worldwide [View article]
Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example [View article]
Our Economic Crisis: The Grand Experiment [View article]
Household Wealth Back to Normal? [View article]
The Real Cost of the 2008 Recession [View article]