Category: Economic StimulusBy Linda Anselmi on Sep 5, 2009 in Economic Stimulus, Economy, Obama Administration | 26 Comments
I know, I know. Enough all ready with the clunker stuff. But these clunker programs are such clear and convincing examples of how politically driven and dysfunctional our government has become that I can’t seem to help myself. And could anything says it better than this cartoon? _____
By Larry Johnson on Aug 22, 2009 in Banks, Economic Stimulus, Economy | 33 Comments
(Reprint of original Aug 19th post with updates at the end.) If you have bought in to the false hope that the economy has hit bottom and has turned a corner then think again. I had a chat this week with a banker friend who works for Wachovia. Wachovia, in case you forgot, was taken [...]
By Anita Finlay ("Ani") on Jul 17, 2009 in Austan Goolsbee, Bailouts, Bill Clinton, Campaign promises, Economic Stimulus, Economy, Energy Policy, Franklin Delano Roosevelt, George Bush, Hillary Clinton, Obama Administration, Obama's Broken Promises, Obama's Budget, President Barack Obama, Secretary of State Hillary Clinton, TARP, Wall Street, stimulus tax package | 90 Comments
Ted Van Dyk’s article in today’s WSJ, Obama Needs to ‘Reset’ His Presidency cautions that Obama must take a time out and find “a reset button for domestic policy.” Interesting that he uses the words “time out” – something one would tell a misbehaving child. Surely, the President’s reckless spending and use of all the [...]
By American Girl in Italy on Jun 15, 2009 in Congress (House & Senate), Current Affairs, Economic Stimulus, Economy, Joe Biden, Obama Administration, Sara in Italy | 59 Comments
On Sunday’s Meet the Press Joe Biden defended the $787 billion economic stimulus spending bill pushed through Congress, but said that “everyone guessed wrong” on the impact it would have. Visit msnbc.com for Breaking News, World News, and News about the Economy Ten days before taking office Obama’s economic team released a report predicting unemployment [...]
By John Batchelor on Apr 17, 2009 in Economic Stimulus, Economy, Wall Street | 26 Comments
Rumor Starts On Wall Street the Recession is Over. Searching for explanations for how well the markets are behaving despite the overwhelming gloom of unemployment, bank insolvency, government interventionism and the worldwide collapse of trade, manufacturing and resolution, I ran right into the blunt, unexpected, fresh rumor among the traders at the end of [...]
By Uppity Woman on Apr 14, 2009 in Economic Stimulus, Economy | 13 Comments
Susan interrupts: Did that scare you?!?!?! I found that photo the other day, and just had to share it! Now for Uppity’s article: * * * * * * * * * * * * * * * * * * * * * * * Here’ s Casper Greenpants Alan ‘The Federal Reserve is [...]
By Eastan McNeal on Apr 12, 2009 in Current Affairs, Economic Stimulus, Economy, Tim Geithner | 26 Comments
Faster than you could shake a drunk donkey off of an epileptic elephant’s back I put two and two together.. Sometimes I wish I had Larry Doyle’s knowledge and financial background. Sometimes I am glad I don’t, for if I did, I would not have amused myself as much today. I was listening to a [...]
By Larry Doyle on Apr 10, 2009 in American Consumers, Bank Bailouts, Bank Failure, Banking Institutions, Congress (House & Senate), Current Affairs, Economic Stimulus, Economy, Obama Administration, Sense on Cents (Larry Doyle blog), Wall Street | 10 Comments
Any investor or manager with a degree of experience knows that the “first loss is the best loss.” What do I mean by that? Once the market detects a loss or a weakened position, the price for that asset will remain capped unless and until the asset is sold or liquidated. This price action occurs [...]
By John Batchelor on Apr 9, 2009 in American Consumers, Banking Institutions, Current Affairs, Economic Stimulus, Economy, International Monetary Fund, Tim Geithner, treasury department | 7 Comments
Editor’s UPDATE: Below the fold, there’s a pithy, explanatory description of what the T.A.R.P. oversight panel (Chair Elizabeth Warren et al.) concluded in its worrisome report on Treasury’s handling (or not) of the economy’s downturn. John Batchelor: From my blog. Don’t miss Larry Johnson on my show Sunday nights. Watch for NoQuarter’s promo on Sundays. [...]
By SusanUnPC on Apr 9, 2009 in American Consumers, Current Affairs, Economic Stimulus, Economy, Inflation, Tax Day, Tax stimulus package | 23 Comments
In “President Obama’s Ambitious Agenda on Crash Course With Fiscal Realities,” Stu Varney, on Fox News’s America’s Newsroom, exposed a ruinous weakness in Obama’s reckless, contraindicated spending spree: Tax revenues are down 25% (!), and April 15th is NOT going to be a lucrative day for the U.S. government. With escalating unemployment, and more and [...]
By John Batchelor on Apr 9, 2009 in Banking Institutions, Economic Stimulus, Economy, TARP | 8 Comments
Batchelor & Constable: Through the Looking Glass. Simon Constable and I make no sense of the senseless news from the worldwide financial crisis — the Great Depression in Denial. From banks buying each other’s junk competitively to a bullish call by hedgies and funds guys meeting in a super secret location west of the Sierras, [...]
By SusanUnPC on Apr 8, 2009 in American Consumers, Auto Industry, Economic Stimulus, Economy, Michigan, Unemployment, Workers | 16 Comments
Of course, if you’re Rosily The Riveted ‘Bot Rachel Maddow, you optimistically title the segment, “Things Are Looking Up?.” Dear readers, please wade through the gushing over Obama’s visit to Iraq to get to Nobel Laureate Paul Krugman; it’s worth it because the economist and NYT columnist covers a lot of territory, including the Treasury [...]
By John Batchelor on Apr 7, 2009 in American Consumers, Banking Institutions, Economic Stimulus, Economy, Tim Geithner, Toxic Assets, treasury department | 2 Comments
From the John Batchelor Show blog. Susan’s Note:I can’t state enough how important it is to read this article. ………………..^………………..^………………..^……………….. Pirate Bankers Rising. Francesco Guerrera, FT, reported to my financial roundtable on the show, Sunday 5, that the bankers are preparing to game the junk assets on their books. Here is the part of the [...]
By SusanUnPC on Apr 7, 2009 in American Consumers, Economic Stimulus, Economy | 12 Comments
This is an article that is exclusive to the subscription-only Stanford alumni magazine. Since the magazine has been out for five-plus weeks, I’m doing something I don’t: I’m publishing this article in its entirety because we all need to read this to be better informed. There are a couple paragraphs that may seem out of [...]
By Larry Doyle on Apr 5, 2009 in American Consumers, Banking Institutions, Congress (House & Senate), Economic Stimulus, Economy, Sense on Cents (Larry Doyle blog), TARP, Wall Street | 3 Comments
(Editor’s Note: Don’t miss Larry Doyle’s exceptional radio show tonight, and every Sunday night, at 8:00 p.m. ET.) Long-term financial health and well being is predicated on fiscal discipline, core values, and strong management. These principles are necessary for major corporations and also individual family units. The market has a means of rewarding corporate units [...]
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