By Larry Doyle on Feb 20, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Current Affairs, Economic Stimulus, Economy, Obama Administration, Tim Geithner | 49 Comments
These are clearly the times that try our souls. In an attempt to bring a measure of perspective to the markets and economy, let us review some month-to-date stats for February and add economic commentary: DJIA: -9% S&P 500: -5.7% Nasdaq: -2.3% Bonds: flat to -10% depending on sector $/Yen: 94.14 versus 89.81 $/Euro: 1.262 [...]
By Rabble Rouser Reverend Amy on Feb 18, 2009 in Backtrack Obama, Bamboozling, Bank Nationalization, Barack Obama, Chuck Schumer, Democratic National Convention, Economic Stimulus, South Carolina | 140 Comments
Well, Obama got back to Washington, DC after his long weekend away in Chicago. Then he went wheels up to go to Denver, CO to sign the $787 billion dollar Porkulus bill. Why Denver? Because CO was SO helpful to him during the Campaign, and that’s where he got to play Greek Temple dress up. [...]
By SusanUnPC on Feb 11, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Commerce, Congress (House & Senate), Current Affairs, Economic Stimulus, Economy | 16 Comments
Corporate fraud cases couldrise into the hundreds. ENTER THE FBI. .msnbcLinks {font-size:11px; font-family:Arial, Helvetica, sans-serif; color: #999; margin-top: 5px; background: transparent; text-align: center; width: 425px;} .msnbcLinks a {text-decoration:none !important; border-bottom: 1px dotted #999 !important; font-weight:normal !important; height: 13px;} .msnbcLinks a:link, .msnbcLinks a:visited {color: #5799db !important;} .msnbcLinks a:hover, .msnbcLinks a:active {color:#CC0000 !important;} Visit msnbc.com for Breaking [...]
By Larry Doyle on Feb 11, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Current Affairs, Economic Stimulus, Economy, Housing & Housing Crisis, Housing & Urban Development (HUD), Mortgage Crisis | 105 Comments
(bumped up by Susan) LIVE TV/RADIO LINK at C-Span This morning at 10am, the CEOs of the major money center banks in our country will be in Washington to face Congressional heat. Watch it LIVE on C-Span3. These CEOs are easy targets for plenty of reasons. As a precursor to their testimony, I thought it [...]
By Larry Doyle on Feb 10, 2009 in Bank Nationalization, Current Affairs, Economic Stimulus, Economy, TARP, Tim Geithner | 29 Comments
In light of the serious economic crisis facing our country and the world today, there is understandably heightened interest and anticipation towards both the proposed Stimulus Plan and the newly designated Financial Stability Plan. Clearly every individual in our country is impacted by this turmoil and we are hopeful that our leaders in both the [...]
By Larry Doyle on Feb 7, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Credit Card Companies, Current Affairs, Earmarks, Economic Stimulus, Economy, Housing & Housing Crisis, Mortgage Crisis, Real Estate, Tax stimulus package | 56 Comments
We will have our regularly scheduled 9:00 a.m. Saturday departure from Central Station. The tracks remain steeply sloped with many curves along the way. With all eyes and ears and hearts focused on the wide range of developments in the economy, the markets, and the world of global finance we have added a few extra [...]
By Larry Doyle on Jan 30, 2009 in American Consumers, Bank Nationalization, Banking Institutions, Current Affairs, Economic Stimulus, Economy | 14 Comments
Growing up as one of eight kids, seven boys, dinnertime was always interesting. More often than not, milk was spilled, vegetables were hidden, and you better not be late because the food went quickly. Every week to ten days, get ready for leftovers. In a similar vein, today’s market activity, economic news, and financial stories [...]
By SusanUnPC on Jan 24, 2009 in American Consumers, Bank Nationalization, Credit Card Companies, Economy | 1 Comment
LD’s “Grand Central” Q&A is coming up at 9:00 a.m. ET. In LD’s thread, you can ask him a wide range of questions about the economy and your personal finances. He’ll be available from 9:00 to noon ET today. So, here’s a warm-up of possible topics from a range of news services: From CBS News: [...]