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bgamall profile image97

Why Goldman Sachs Is Committing Treason

Well, well. I see that James Hoffa, president of the Teamsters Union, historically tied to organized crime, has sent a letter to Lloyd Blankfein, "exhorting" him to lay off YRC. Hoffa accuses Blankfein of...

42 comments    stock market economics goldman
82

The Financial Bailout Explained

Millions of Americans are wondering what is happening to our economy. Banks are receiving billions of dollars in bailout money.  The Stock Market has rallied well since the beginning of the year, but...

46 comments    business finance money
RychardeManne profile image81

Bloomberg Lawsuit Against Federal Reserve For Not Disclosing Emergency Loans

The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral. Bloomberg News...

1 comment    federal reserve goldman sachs fed
74

Buying Quality Poker Chips Like Paulson Poker Chips!

You would think that purchasing poker chips would be easy. This is the farthest from the truth if you want to get a quality chip. Chips come in many different materials, colors, weights and styles. Choosing...

0 comments    poker poker chips chip weight
"They make lovely pets very docile"74

You Are Human Capital

The question of who we are,is one that has been contemplated by many great thinkers and is a subject that is of great interest to me.Of even greater interest to me is the question who are we to the powers...

9 comments    money government capital
bgamall profile image73

Stock Market Value and Credit

We have an S and P that is at over 900 while earnings per share on the S and P are hovering around 40 dollars. With 40 dollars earnings, normally the S and P would be valued at around 600-700 with a price...

5 comments    advice finance investing
bgamall profile image74

Wen Warning About US Spending

Can you believe that China is allowing banks to hide risky loans off their balance sheets just like we did here in the US? Just like Basel 2 in 1998 allowed off balance sheet banking and AAA securitized...

18 comments    finance politics credit
70

Paulson Foreclosure Delay Plan

US Treasury Secretary Paulson has announced a federal plan to force banks to delay all foreclosure actions for a period of 30 days. Giving homeowners 30 days to contact mortgage holders to renogotiate the...

1 comment    finance home real estate
flread45 profile image71

A Global Starving of the Human Population

This is a sad story but becoming ever more true as the days go by. There are something like 800,000,000 million people going hungry at the present time around the globe. The number of homeless families...

4 comments    life technology education
75

9-19-08 Crisis End Game--Paul Krugman NY Times

Op-Ed Columnist Crisis Endgame By PAUL KRUGMAN Published: September 18, 2008 On Sunday, Henry Paulson, the Treasury secretary, tried to draw a line in the sand against further bailouts of failing financial...

29 comments    stock market recession aig
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