December 27, 2008
Money
1 Comment
When you listen to the news and hear the stock market reports as well as the economist reports it sounds like no one is buying anything. Yet you also hear stories about the huge credit card debts many people have. More and more people are finding that it was very easy to get credit, however [...]
December 23, 2008
Money
No Comments
Well, the bailout bucks don’t seem to be helping so far. It’s to bad the idiots at congress didn’t demand as much control of the banks as they wanted of the automakers. If they had there are probably a few banks that wouldn’t be getting bailouts.
So they’ve spent half the money and things haven’t improved [...]
October 7, 2008
Money
No Comments
Well, the bailout failed. Did you really expect it to work? Why would you? Even the politicians that voted for it said it wasn’t the best thing. So they’d rather act quickly, and wrongly, costing us, the taxpayers 700 billion with a pork laden bailout strategy that was doomed to failure to begin with.
The politicians [...]
September 26, 2008
Money, Uncategorized
No Comments
IsĀ US headed for another great depression? The way congress and the president are handling the current economic problems and the presidents, feds, and treasuries solution is not designed to stop a depression. It’s designed to help the fat cats on wall street and that could push us in the direction where we are headed [...]
September 24, 2008
Money
No Comments
Heh, wall street is about to go belly up and the govt wants to save them. The fed wants to bail them out immediately but there seems to be some resistance to being rushed, in congress. I view this as a good thing.
What with the executives of the companies, banks and investment houese getting huge [...]