The Status of the U.S. Economy

Once upon a time earnings were a reliable performance measure to judge a company’s financial health, whether being good or poor. It helped to make proper business decisions.If the company was making money, it was...

More Stimulus Really Needed?

Goldman Sachs calls for a stock market rally similar to the rally in 1982.How is that possible? While the unemployment numbers still are rising and house prices falling.The jobs that disappear do have a "multiplier...

Consumers’ Change of Heart

The vast credit expansion that lasted from 1945-2007 now has contracted till an insignificant quantity, as people’s hearts and minds have been thrown into reverse. During the bubble years, more and more...

Financial System led by Market or Economy?

A market economy is a system of allocating resources based only on the interaction of market resources such as supply and demand. A true market economy is free of governmental influence and other external...

Creative Destruction

Schumpeter framed the phrase “creative destruction” into the economic discussion around 1940 in one of his publications.Creative destruction is often shared with innovation when something new kills something...

God, Religion and Manipulative Extraterrestrials

  Have you ever wondered about what kind of God has been the source of the inspiration for genocide, suicidal missions, oppression, racisms, sexism, homophobia along with countless wars on our planet Earth? Pagan Gnostics suggest that, God, as presented in various...

Gunning Down The Notorious A.I.G.

Shane Croft Windermere, FL "Fortune soon tires of carrying anyone long on her shoulders" -Baltsar Gracian Ah, the good old U.S. of A.  One nation, under God, indivisible.....  A creator, carrier, and mother of so many great fortunes.  As a people, we tend to...

Ford CEO wants $3,500 scrappage incentive for buyers

Barry Artiste Op EdYou know, Ford for decades has always trailed GM and Chrysler in terms of sales, but in the recent Bailout of the Big Three, it looks like Ford is #1 when putting Consumers as #1 where as GM and Chrysler go Wheelbarrow to the Government and Taxpayers to...

In search for the truth, a global meltdown theory

The problem when a government administration is faced with a rather large problem, their provided solution is normally laced with the political party agenda of which would normally be thrown to the wind or...

Social Protest in Song 'I Want My Bailout Money' Free Online

Everybody wants a bailout these days; the banks, the auto industry, and porn makers have all made their case for taxpayer funding in recent months.  So it should be no surprise that the average citizen is...

GMAC Declared a Bank: GM Gets Funding Through a Bailout Backdoor

The drama surrounding the auto industry bailout appears to have been all for show as the US Federal Reserve let GM use a backdoor technicality to access Bailout Bill funds.  The US Federal Reserve played Santa Claus as it granted GMAC, the in-house financing branch of...

Government in Canada should buy out & not bail out U.S. carmakers

Branch plants of U.S. automakers are seeking Canadian taxpayers to bail them out. However, why should Canadians prop up U.S. automobile companies like GM, that destroyed their own zero-emission EV1 Electric Car, in order to appease Oil Industry interests? But, the Canadians...

Green Party insights: It's the Economy, Stupid

I have never liked that emblematic slogan of the Clinton War Room. I have a visceral dislike for calling anyone "stupid." (No doubt something to do with having a mother who believed in lady-like behaviour.) That said, those words have been running through my head like the...

u.s. Bail Out: Quality-of-Living, Not More Capitalist Enslavement

The current economic reconstruction/bail-out packages which have been announced by the U. S. Congress are unlikely to generate the needed economic remedies. That is because the proposals have neglected to recognize that a program which is aimed at leading to expansion in the...

Buyers Caught in the Lending Freeze

"In an effort to save the flailing financial industry, the Senate has decided to give its nod to the revised $700 billion bailout plan. Although it was initially rejected in the House, it will be presented once...

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