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Japans 12 year recession
Unemployment will not peak until mid-2011 and the high double digits. It will take many years to recover full employment.
Posted to Moneybox by david wayne osedach on June 24, 2009
RE: The FRAY
I am 'thrilled' to read the insightful comments from the former governor and remain hopeful that the poignant questions he raised are pursued and answered.The more we get down this 'bailout path' it is becoming abundantly clear that GREED remains at the forefront for many on Wall Street despite the shenanigans to the contrary. And, the American ...
Posted to The Best Policy by Bess1 on March 17, 2009
What Can Save Our Auto Industry
The American auto industry has moved away from a capitalist and entrepreneurish system to one based on the demands of consumption. The UAW kept making demands for wages that had nothing to do with the ability to produce a product that the consumer would buy. The management is also not invested in the product but in the value of the stock. Stock ...
Posted to The Best Policy by vladimir val on December 16, 2008
US Forced to Selectively Default and Devalue Its Debt -2009
Yes be very afraid.... but here is the real situation In 2009 the US Will Be Forced to Selectively Default and Devalue Its Debt We have seen estimates that next year the US will have to finance a $2 Trillion annual deficit. They may be able to push it further into the next Administration than that by the forbearance of the world, but not by ...
Posted to Politics by MiamiVice on October 28, 2008
Meltdown: My Analysis
First, I would like to commend my sometimes Democrat sparing partner on Slate, degsme, for pushing me into taking off my Conservative hat long enough to put this together…thanks Degs. Then I will apologize for the length, bad grammar and style that may irritate some. This is a complex topic and this is only my analysis as to how we got to where we ...
Posted to Today's Papers by MaxAmoeba on October 12, 2008
One Joe Six-Pack's Opinion On Our Economy
''Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.'' –Plato I sit here as a “Joe Six-Pack” on Saturday morning, stewing about our country’s current economic situation. I am amazed that the pundits, news media, and even our country’s leadership seem to be stymied by why we ...
Posted to Slate Fare by LHMaier on October 11, 2008
The Big Bailout...Ha!
There is no need for a bailout of the bank when we can bail them out through tax payer spending...heres how: America has fought hard to become an independent nation and a leader in innovation, so how can we fix our current economic downtrend efficiently? Some seem to think that throwing money at the corporations who failed us is the answer…we all ...
Posted to Trailhead by Mejamz on September 29, 2008
Bush prime time bailout pleading
Didn't we hear the same argument about Iraq? Saddam will end the world; atttacks will occur very day; 'nuculer' weapons are imminent and therefore we must invade now. I didn't buy it then and I don't buy it now. Paulson is trying to help a lot of old friends with our money.
Posted to Politics by chuckit on September 25, 2008
Makes Me Laugh -- Elites With Furrowed Brows AT LAST - -
So, the FDIC Chairman is a female children's book author from Massachusetts, who started her new job running security for our Nation's bank deposits since 2006? How fortunate for her. I am a Massachusetts/New Hampshire working guy going back to 1990, originally from the Midwest, with some college but no degree, and I have been ''getting ...
Posted to Moneybox by MichaelBernard1 on July 18, 2008
Re: Here it is in Detail:
Similar take I had on his speeches Remembering his 100 million bailout of his district and how that money got lost in the mail. Congress will tag a line onto the Bill that would make the check go by registered mail. I would add probably he would assassinate the Senate and Congress, make himself Ayatollah and tell everyone that the ...
Posted to Best of the Fray by jeqal on March 30, 2008