WALL STREET on TRIAL

ANDREW KLAVAN: WALL STREET ON TRIAL From  the Manhattan Institute, a 5 min video by Andrew Klavan, City Journal Contributing Editor: ...two hearts with but a single thought., a government that will take other people's money and give it to us. ~as asserted by Edmund Gorge, President, CEO, Consolidated Avarice    

By |2011-12-07T21:38:16-05:00December 7th, 2011|Economy, Media, Video|0 Comments

Book Blames Recession on Corrupt Fannie Mae

The world of political commentary (at least that part of it not campaigning for Obama’s re-election) is abuzz with excitement over a trailblazing new book that shows vividly and convincingly what happened to cause the terrible financial crisis that’s gripped the country since 2008 and—most important—who’s responsible. The book, Reckless Endangerment: How Outsized Ambition, Greed, [...]

By |2011-07-07T10:29:05-04:00July 7th, 2011|Economy|0 Comments

An Open Letter To The Republican Party: The Line In The Sand

By Jamie Jacoby No more beating around the bush. I don't work for you, you work for me. Got it? Do you want my vote in November 2012? Here are my terms: 1. If you nominate retread insider George Allen to be the Virginia senate candidate, I won't be voting R 2. If you raise [...]

By |2011-06-07T10:32:47-04:00June 7th, 2011|Uncategorized|5 Comments

Financial News Update

There's a lot happening, so this installment is teasers and links to several important financial news items. Bloomberg: Bernanke Asset Purchases Risk Unleashing Inflation (Update1) Bernanke next week is likely to preside over a decision to launch another round of large-scale asset purchases after deploying $1.7 trillion to pull the economy out of the financial [...]

By |2010-11-01T19:17:28-04:00November 1st, 2010|Economy|0 Comments

Recovery? WHAT Recovery?!

(Data sources are US CBO and Federal Reserve) The chart above (click, then click again to enlarge) shows three data sets: 1) in red, the federal budget deficit; 2) in dark blue, US Gross Domestic Product (GDP), the supposed size of the US economy; 3) in highlighted light blue, shows what US GDP would be [...]

By |2010-06-10T20:47:16-04:00June 10th, 2010|Federal Reserve, Uncategorized|0 Comments

Major banks making money off of our tax dollars

There is a great article and video on Yahoo Finance that talks about how all the big Wall Street Banks are receiving loans from the government at near 0% interest and then the banks are turning around and lending that money back to the government at 3-4% interest.

By |2010-06-05T23:44:49-04:00May 15th, 2010|Uncategorized|1 Comment

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