I hate when politicians use dooms day scenarios to get what they want.
Bush pulled the same crap to get re-elected. remember his anthrax shot and they continuous changing of the color coded alert system.
now Geithner is warning about another Great De…
It’s amazing that simply stating the opposite of what something actually is qualifies as an acceptable answer. Politicians act the way they do because there is no consequence to their actions.
“Harrisburg, Pa., is expected to avoid an a…
Looks like a bad day for the perma-gloomers, survivalists, and naysayers tomorrow.
Like I said, I’m expecting the “worst of the worst” stocks to outperform into year end.
Underinvested hedge fund managers will be grabbing the worst…
Prices are virtually unchanged after 5 years, even with all the “Peak Oil” hysteria in 2007.
Looks like “Peak Oil” will go down as one of the biggest investment theme frauds since “Y2K”.
- RobotTrader
Bears need to turn this thing down ASAP, otherwise it’s going to be a long September – October.
- RobotTrader
Schwarzenegger is to bring “creative financing” back from China to use in California:
http://www.marketwatch.com/story/schwarzenegger-mulling-china-for-rail-plan-report-2010-09-12
Greek PM says if it cannot keep up interest payments on its sovereig…
Note that even in the last years of the Clinton administration the deficit has ALWAYS grown – when do we actually start paying money back instead of digging a deeper hole:
Federal Debt Analysis from 1950 to Today – Annual Growth Rate
Year
The one area over which the Federal Reserve has no direct control is the relative value of the US dollar to other currencies. Right now, the U.S. runs a huge trade deficit with China due in large part to the Chinese ability to control the value of the …
We now have around 850 insolvent or near insolvent banks operating in an unsafe and unsound condition and the FDIC has no resources to do anything about them as it is flat out broke and insolvent itself.
“Unofficial Problem Bank List increases to…
Mr. Rawles,
A close personal friend of mine is a FDIC bank auditor in Illinois. This person gives the final word on whether they will close a bank or not, to put it in simple terms. I’m sorry I cannot provide you with any more credible source oth…
