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We Already Have One World Government
This is the new rule, banks will have more time to establish their capital requirements without having to raise new capital. They will just be zombies longer. It will be interesting to see if they ever lend...
23 commentsThe Fascist Government Will Continue to Screw the Middle Class
Update: Much of what I have written below has come true. America is now deep into debt to the banks, and a few privileged banks are gambling at the casino of swaps and bets like no meltdown occurred. But as...
13 commentsWays the Economy has Changed in America
In case you haven't taken the time to stop and look around things have been changing in your world. The America that you are living in is no longer that of big investment bankers and Wall Street big winners....
11 commentsThe Specter of An Economic Depression
Over the past year, more and more economists, journalists and finance experts have mentioned or discussed references to the economic depression than at any other time that I can remember. More and more of...
Abuse of the Middle Class
Update: Much of what I have written about here has come to pass, increased saving, decreased spending, lower demand for loans and lifestyle changes. This website is an alert to middle class families to...
11 commentsInvesting Recession Depression
Investing in a recession is quite different than investing in a depression. To be honest, we do not know which way it will be going. Investing in a recession requires an eye toward future recovery. Indeed...
5 commentsRun on Banks
I am truly frustrated that we have not been able to determine who threatened to run the money markets in September 2008, resulting in the Fed injection into the shadow banking system. We know that...
9 commentsDon't bank on it!
I think it's pretty fair to say that most of us are justifiably outraged with the banks and dumbfounded by the incompetence of the majority in the banking industry, individuals that supposedly have sound...
15 commentsCan India bail out America and rest of the world from economic crisis Part-2
India can bail out America from its present economic and financial crisis. How can it be done? Indian economy is the 6th largest in the world.Its 250 millions middle class population are the most potential customers. Indian people are great investors with a an income/ saving ratio of 35%. Skilled workforces, educational and healthcare institutes of India are world class. Given the oppurtunity it can bailout....economic crisis and financial problems.
20 commentsObama's Mortgage Relief Plan is a Miserable Failure
Get ready to see more Home Foreclosure in 2010 Once again the Obama Administration has proven their ineptitude for doing anything to curtail the mortgage crisis. Why would I single out Obama? Do I hate...
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