Financial Crisis

The Decade of ZERO – 2000 thru 2010 – Paralyzed in an Idiotic Fiscal Freezer Analysis

The president’s chief press officer was more than rude to reporters this week who were asking simple, straight-forward questions. His attitude was basically go to hell and next question. These jerks were elected and appointed to serve the American people and we are being denied the right to critical, accurate, timely information.

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Be the first to comment - What do you think?  Posted by admin - January 8, 2010 at 10:51 pm

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Money for Nothing. How TARP screws America over…..

In the markets, the Fed has taken moves which were unthinkable a few years ago and the Fed Chairman himself considered “inappropriate” before last fall. The Fed has openly acknowledged its monetizing government debt, buying hundreds of billions of dollars of mortgages directly from banks and other mortgage industry players, and guaranteeing trillions in private sector obligations.

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Be the first to comment - What do you think?  Posted by admin - September 7, 2009 at 4:59 pm

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Who insures the government’s billions, trillions and quadzillion jillions bailouts and economic stimulus plans? Answer: (Look in the mirror)

"I would err on the side of making it larger than making it smaller," Zandi said in an interview. "The size of the plan depends on the forecast — the economic outlook — and that is darkening by the day." "Even a trillion is not inconceivable," he said. What is government thinking? Private industry is taking huge licks and this whole escapade has to come to a stop. This is obscene!

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Be the first to comment - What do you think?  Posted by admin - December 17, 2008 at 9:55 pm

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Is the Hartford going bankrupt? 2008 Bankrupt listings and speculation list for major stock losses for insurance companies

Ha! Are we really supposed to believe that? If I'm an American investor and I own stock in Hartford, there's only one thing I'm doing with that stock right now - SELL SELL SELL! Insurance companies, like AIG, are going under and going broke.

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4 comments - What do you think?  Posted by admin - November 14, 2008 at 6:38 am

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Morgan Stanley or Goldman Sachs – who goes bankrupt first?

Now - I don't know where you put your money, but if I were in your shoes - and I had money in either Goldman Sachs or Morgan Stanley (be it stocks or whatever) - I WOULD GET IT OUT RIGHT NOW!

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2 comments - What do you think?  Posted by admin - November 3, 2008 at 2:27 pm

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