Tags: Bailout + Cabinet Members + China + Japan + Russia + TARP + Treasury
There is widespread agreement among US economists that America needs another massive fiscal stimulus plan. No final conclusions have been reached on whether it will be multi-staged or one giant prolonged spending infusion until growth takes hold again. Democrats, pre-election, had already decided that a significant infrastructure campaign would yield the most benefit because it would both create jobs […]
November 11, 2008 - Economy, Politics - 0 Comments
Tags: Economy + Healthcare + obama + President + Taxes + Treasury
America has spoken and it handily rejected the Republican agenda that was a reminder of the Bush Administration’s dismal eight years. Now with both House and Senate majorities and control of the Executive Branch in Dem’s hands change will definitely come. Here’s what investors might expect and how they should react.
November 5, 2008 - Economy, Markets - 0 Comments
Tags: Bailout + Banks + Bernanke + BOA + C + Capitalism + Federal Reserve + IMF + JP Morgan + Paulson + Treasury
The world is witnessing the decapitation of American Capitalism. Understand that this is not the indictment of Capitalism as an economic system, nor the socialistic hurray following the defete of market economies, but the affirmation of free market capitalism left un-altered. America democratized Capitalism and made it unstable. It created a hybrid system of Capitalism based […]
October 18, 2008 - Economy, Markets, Politics - 0 Comments
Tags: Bank of America + CDOs + Chase + CitiGroup + Economy + Federal Reserve + Goldman + investing + Mortgage-backs + Secretary Paulson + Treasury
There seems to be an incorrigible abuse of power underway and hidden from the public by here-to-fore respectable government officials. It is on par with the most brazen corruption of Wall Street. Indeed it dwarfs the crimes of Kenneth Lay at Enron and Bernie Ebbers at World Com. Discovering it is like unearthing ‘deapthroat’ or a mole at home inside the US intelligence community. It is despicable. And the GAO […]
October 9, 2008 - Economy, Politics - 0 Comments
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