The heart of the bill, 3 new agencies. That is where I stopped. We do not need more government agencies, more government control and more expense. It is a bad bill, period.
Charlie Gasparino: Another Crash 'Has to Happen Again' [View article]
A greedy, dishonest, ignorant, spendthrift, self-serving and incompetent government is the cause of our problems. Until this is changed nothing beneficial will ever happen. It sets the standard and the people follow, all the way to destruction.
FOMC Statement: English Translation [View article]
The Fed has no idea, period. Truth is a foreign language to those in government and government sponsored groups. The past also makes no difference. It never did work, but this time is different and it is certain to work. There are some in the 'looney' asylum that are more intelligent.
GDP consists of; consumer spending, investment spending and last but not least, government spending. No where do I read that consumers are spending or that new investment spending is up. How does that add to the GDP? I do know that the government is on a spending binge, but other than being a part of GDP, what does such spending truly add to an upbeat and healthy GDP? Government is a parasite that steals money, thru taxes, from the citizens or prints money, causing inflation which steals even more from citizens. Figures may not lie, but liars figure. Your choice. Is the economy really up or just a political aberration?
Unemployment Is Likely to Go Higher [View article]
Why anyone would think otherwise indicates he or she has no interest in the truth. And the truth is, the current administration is doing all it can to increase unemployment. If you do not believe that then you are not listening to all the programs, either in place, or about to be in place that will do just that. Such as; new health care bill, cap & trade bill, higher tax bill, higher minimum wage bill, value added tax bill, bills restricting energy increases, huge federal debt increases, and this is just a start. And on the 'plus' side for job growth, a few so-called 'green' jobs that are costly and accomplish little. Wake-up Americans and learn the truth.
Why do writers seldom talk about what it would take to get this economy back on a healthy road? Like a smaller and less intrusive and controlling federal government. Like lower taxes. Like eliminating many rules, regulations and laws that prevent the private sector from doing it's job. It is the private sector that creates new businesses and new jobs. It is the private sector that keeps the government sector afloat. Yet the public sector does all it can to stifle that sector. Makes no sense to me.
Recession Is Over; Depression Has Just Begun [View article]
Right title, wrong approach to recovery. Just another incompetent idiot spouting old tried and failed programs. Spend and spend by government and soon we will be in perfect health. If true we should be enjoying the most vibrant and super economy ever. Guess those in government will never wake-up and admit how wrong they have been for years and years and years. That would be a miracle beyond belief.
This report is confusing to me. Starts out saying recession is not over and provides much data to substantiate this. Then at the end says it is highly unlikely that the recovery will falter in the next few months. Am I missing something?
Ten Reasons for an Imminent Stock Market Crash [View article]
At one time the economy and the stock market followed each other fairly closely. Today the economy stinks and may get worse, yet the market just keeps going up. Very strange but not much should surprise anyone these days. Unemployment bad, no new jobs in sight except government which adds nothing to the economy. Bankruptcies up, foreclosures up, incomes down, sales down and yet prices higher in many areas. The world is changing and those citing some unknown event will crash the market are probably right.
And this is just the beginning. It is going to get worse. In fact, the current rate is closer to 20% than the reported almost 10%. Why will it get worse. There is nothing in the wind that will create new jobs. Just the opposite. Every action by the current administration discourages job growth. Bigger and more intrusive and controlling government. Higher taxes. The current group hates the private sector and is doing all in it's power to destroy the goose that pays the bills. Is that by plan or just economic ignorance? You decide.
Macroeconomic Policy for a Stronger Recovery, Part 2 [View article]
This man is as dumb as a rock and not near as useful. Same old approach, spend yourself into recovery. That is exactly why we are where we are now. Get government out of our lives and let the private sector do the job.
Try again it not successful the first time. I do not think the Fed has a clue as to what it is doing, except following old tried and failed programs, hoping this time for a different result. Additionally, it keeps saying the economy is recovering. Maybe the stock market is up, but with 15 million unemployed and probably going higher, who in their right mind would tout recovery? Only fools, incompetents and liars. Take your pick.
Why We Need to Shrink America's Bloated Finance Sector [View article]
No, the financial structure is doing just fine. What needs to 'Shrink' in a very big way is the size of our government. It is bloated, out of control, a parasite sucking the blood, earnings and savings from the American people, and has taken this Nation to the brink of bankruptcy. It is time for Americans to wake-up, stand up and take control away from self serving, arrogant and incompetent politicians.
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Latest | Highest ratedThe Dodd Bill: Generally Very Good [View article]
Charlie Gasparino: Another Crash 'Has to Happen Again' [View article]
FOMC Statement: English Translation [View article]
Bemused by GDP Figures [View article]
How Washington's Policymakers Are Damaging the U.S. Economy [View article]
Ugly Jobs Report Puts a Dent in V-Shaped Recovery Scenario [View article]
Unemployment Is Likely to Go Higher [View article]
This Recession Ain’t Over [View article]
Recession Is Over; Depression Has Just Begun [View article]
This Recession Ain’t Over [View article]
Ten Reasons for an Imminent Stock Market Crash [View article]
September Unemployment: Ouch! [View article]
Macroeconomic Policy for a Stronger Recovery, Part 2 [View article]
The Fed: Rushing for the Exits? [View article]
Why We Need to Shrink America's Bloated Finance Sector [View article]