Questions Answered “Why is everything this way? Who caused it? What are the solutions? Coming soon ..”
Barack Hussein Obama “I think when you spread the wealth around, its good for everybody.”
“Without more stringent reforms, “another crisis – a bigger crisis that weakens both our financial sector and our larger economy – is more than predictable, it is inevitable,” Johnson says in the report, commissioned by the nonpartisan Roosevelt Institute.”
One single person doesn’t declare a recession is over, a recession is over when GDP has [...]
“All governments will go bankrupt.” — Economic Analyst Marc Faber.
It is so important to be prepared for an emergency. These images are from a Wegmans in Fairfax, Virginia before a snow storm this week of February, 2010. Grocery stores have supply chains based on the expected than normal demand. During heavy snow storms or [...]
Andrew Neather, who worked for Mr Straw when he was Home Secretary, and as a speech writer for Mr Blair, claimed a secret Government report in 2000 called for mass immigration to change Britain’s cultural make-up forever.
The damage is done. There is NO return to the old days. Just like in Italy, France, hell, all [...]
Deutsche Bank chairman Josef Ackermann said “we will all be losers” if governments clamp down on markets too zealously: “The pendulum might have swung too far,” Ackermann warned. “Consistent and global rules, and a level playing field is absolutely key to the global economy.”
Is he suggesting that regulating banks would be bad because it [...]
Let this be a Warning to you I last checked one of my banks safety some six or so months ago it had a Good rating it has now fallen to a D- things can change quickly.
American households have lost $11 trillion in wealth since the peak in the bubble.
Below are some highlights from an article by My Budget 360. NOTE the $11 TRILLION DECLINE IN MAIN STREET WEALTH vs. how the Banksters are doing! Budget 360 is the same source that identified the great divide between Wall Street and Main [...]
“Seed companies and garden shops say that not since the rampant inflation of the 1970s has there been such an uptick in interest in growing food at home,” writes Times reporter Marian Burros.
The New York Times recently told its more wealthy readers to consider buying a rural cottage, or even log cabin, to ride out [...]
Former IMF chief economist, Simon Johnson said, the “financial industry has effectively captured our government and is blocking essential reform.”
What the hell is with the “it does not affect me, so why should I care” mentality? With the devaluation of the dollar and the printing of new currency made by the Obama administration, 3.5 [...]
Brady Dennis
Washington Post
January 10, 2010
The chairman of the House oversight committee turned the spotlight Friday once again on the government’s much-maligned bailout of American International Group, saying he would ask Treasury Secretary Timothy F. Geithner to testify about whether company executives were told to withhold key details about how they were spending taxpayer money.
A d [...]
Edward Harrison
Seeking Alpha
January 10, 2010
The White House Stands Behind Geithner, Says Tim Was Not Involved In AIG Email Fiasco is the headline of a recent post at Zero Hedge. Barack Obama is standing behind Tim Geithner. I remain unconvinced.
A d v e r t i s e m e n t
This is the second time [...]
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