Clik here to view.
“…the Government is Broke and Broken”
That’s what Angry Bear says about the government bailout of mortgage giants Fannie Mae and Freddie Mac, announced on Sunday, September 7. It will cost the American taxpayers tens of billions of...
View ArticleClik here to view.
A Tragi-Comedy of Greed
Watching Treasury’s Paulson on Meet the Press Sunday made me sick. That pitiful, pleading look, the bizarre non-logic, the reversion to fear, fear, fear… the guy’s a cheap crook in an expensive suit...
View ArticleClik here to view.
Survive the ’08 Meltdown: Part 1
Roadblocks and Interference As Congress meets today and tomorrow to grill the principals before Friday’s vote on the $700 billion “emergency” Wall Street bailout plan (which has been in the works for...
View ArticleClik here to view.
Arrr! Pirates Sinking the Economy!
It’s true, and should come as no surprise that modern day pirates are responsible for the current mass chaos in the markets. I mean, this is just the sort of things pirates do, isn’t it? Or, so says...
View ArticleClik here to view.
Taxes, “Socialism”& Political Reality
We’ve seen a lot of desperation as the world (and US) economy tanks in the wake of the mortgage-loss pyramid scheme crash. We’ve heard a lot of hyperbole and rhetoric from the candidates who want to...
View ArticleClik here to view.
Economic Meltdown: IMF Involvement?
For a great many regular hard-working, tax-paying American citizens the way money works in the modern world is very much a mystery. This is not surprising, considering that money has always been a...
View Article“Managing the Economy”
During the Presidential campaign in the late summer of 2008, a Reuters/Zogby poll returned the finding that most Americans – as in 89% of likely voters – somehow believe that one of the primary...
View ArticleClik here to view.
Confidence Games
One of my favorite series bloggers sarahnity has a weekly series at Daily Kos called “Frugal Fridays” that offers different tips and ideas every week, by her and a number of volunteer authors, on how...
View ArticleClik here to view.
Bailouts Get Bigger When Banks Fail
…and HCR update The biggest bank failure of 2009 happened last week when the FDIC moved to shut down Colonial BancGroup of Alabama, along with four other banks, bringing the total thus far this year to...
View ArticleThose So-Desirable Uninsureds
Those of us who have spent a good part of our lives not being rich – or even middle-middle class – have likely spent quite a bit of our lives without health insurance as well. Or with junk insurance...
View Article