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63The Federal Reserve is NOT Owned by the Federal Government - You SHOULD care!
Greenspan forcefully states a simple truth - The Federal Reserve Sets Policy and is ABOVE THE LAW! Straight from the Mouth of Former Federal Reserve Chairman Alan Greenspan “Well first of all the Federal...
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69Frank's Debates on US Politics, Economics and Health Care
As I read various blogs and comments to them that are posted on the web, I see a lot of hate energy being expended in racism, name calling, and a variety of more insinuous false arguments. I see this much...
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64Greenspan: Unemployment Headed Above 10% (Yahoo!)
The title of a recently released Yahoo! article is "Greenspan says unemployment will top 10%". OK, as of 3 days ago (i.e. October 2, 2009), the unemployment rate was at 9.8%, which means that 10% unemployment...
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98What is Inflation, How is it Calculated and How Does it Affect a Nation's Economy?
The term inflation refers to an increase in the amount of money in circulation without a corresponding increase in the amount of goods and services available to purchase with that money. Inflation always...
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68A Recession Twelve Years In The Making
Previously I held the opinion that the current crisis was unique, unlike anything that had happened before. I was wrong. The current situation is, in actual fact, everything we have seen before but occurring...
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61EFFECT OF RECESSION IN AMERICA
The biggest factor leading to this recession is the decrease in the consumer expenditure on goods in America which has resulted because of the sharp fall in the consumer disposable income. The rise in fuel...
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74Class Warfare
Update: I have included a video from Jim Cramer's Comments. Is Jim Cramer waging a war against the middle class and the small investor, while helping out his friends who short stocks as some have said? I...
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73Subprime Mortgage Crisis Enabled by Alan Greenspan
Yesterday, Ben Bernanke reversed the Fed's position under Greenspan and proposed tighter mortgage lending rules, stating that " Unfair and deceptive acts and practices hurt not just borrowers and their...
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59why bankruptcy is not your fault
Sometimes I feel like an expert on the subject of economics even though I can't balance a checkbook and math was my ruination throughout my dismal years as a student. But I find it comforting to realize my...
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64Is Obama a SNAKE OIL salesman?
Snake Oil Salesman Is Obama a SNAKE OIL salesman? As far as I can tell the only thing good about OBAMA is he isn’t McCain. I voted for HOPE, CHANGE and a better America. I got a Snake Oil salesman...
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