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FDIC - Are My Bank Deposits Insured?
The Federal Deposit Insurance Corporation is in serious trouble. The Federal Corporation (the FDIC is not a direct federal agency) run by Sheila Bair is practically insolvent. Ms. Bair has said that the fund...
2 commentsBailout Fails Roll Call Vote by State
..............Democrats ............................................Republicans ...
11 commentsSMALL VS BIG - which business sector really deserves federal bailout money
When the federal bailouts were announced last year, I like most people was outraged. There was certainly better ways to spend $700 billion we didn't have,especially when you throw the likes of AIG into the...
0 commentsMore Bad News on the U.S. Economy - Don't Get Complacent
The Global and U.S. Economies Will Continue to Get Worse I have written several articles over the last few weeks regarding the U.S. economy where I stated that our economy would fall to depths far worse than...
0 commentsGoldman Sachs and Morgan Stanley Intend to Use $13 Billion of Their Bailout Money to Pay Executive Bonuses
Have You Heard the Latest in the U.S. Financial Crisis? I wanted to offer a couple of quick comments regarding the financial crisis in the United States economy. You probably already know what is going...
3 commentsCongress and the Credit Crises Fiasco
Congress and the Credit Crisis Fiasco After the huffing and puffing will the real perps get a free pass? On November 4th we the people get to decide. Much press has been devoted to demonizing Wall Street,...
TREASURY BAILOUT A WORKABLE SOLUTION
The real concern about the financial sector is that it is undercapitalized with severe shortage of luquidity as the losses it has sustained and the growing risk-aversion of lenders in the free market....
0 commentsAin't That Peculiar
Its kind of funny how life is now a days. One day you are told one thing, then the next day, they tell you something different. Who they are I'm not quite sure, but whoever they are, they can't seem to be...
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