A reaction to the Enron and World Com scandals of the early 2000's was the Sarbanes-Oxley Act of 2002. A provision of Sarbanes-Oxley called “mark-to-market” that exacerbated the problems facing financial...
created by joellerose | 4 years ago | updated 4 years ago 83 views | 0 recommendations | 0 comments
The proposed $700 billion bailout has brought immense media attention as well as that of ordinary Americans, and the surest test of that came from the House of Representatives' own website, which was deluged with...
Now Economist acted positively ,and bad politics and leadership is created more problem.And finally the congres agreed to once again to vote for bailout package let see thos time......" By David Lawder and Patrick Rucker -...
The House is experiencing an unprecedented amount of traffic as people try to access the bill, the vote count- and the contact system, so they can express their opposition to the Wall Street Bailout. Let 'em have it. You can look up your "Representative"s contact info here:...
Glenn Greenwald comments on the bailout vote failure in Congress; the Establishment politicians among the Democrats and Republicans did their best to push through a $700 billion dollar government intervention into the "free market" to benefit immoral and corrupt globalist...
opinion by Erik Larson | 4 years ago | updated 4 years ago 91 views | 0 recommendations | 0 comments
"I’ve been thinking a lot about how this economic downturn (or if you’re in the media and you want to scare everyone, we can call it a CRISIS or a CRASH!) will effect the way we act as regular, everyday...
opinion by davidpm | 4 years ago | updated 4 years ago 284 views | 38 recommendations | 8 comments
I heard that the House voted against the bailout package and I was pretty shocked, as I think everyone was. Congressional leaders were hyping this up to be a done deal over the weekend and it seemed all but...
opinion by davidpm | 4 years ago | updated 4 years ago 104 views | 0 recommendations | 0 comments
Brief points on 5 different plans proposed to deal with the financial market, to be compared with the $700 billion pig being pushed on the taxpayers by Paulson, Cox, Bush and Bernanke that some Dems and Reps in Congress have been trying to put lipstick on."The Bush...
opinion by Erik Larson | 4 years ago | updated 4 years ago 101 views | 0 recommendations | 0 comments
PEOPLE that made a point: Texas, Jeb Hensarling Jeb Hensarling Texas Republican says: "Bailout turns America into socialism" Maryland Prof Morici " Peter Morici, professor of business at the...
created by SOLARLIFE | 4 years ago | updated 4 years ago 89 views | 2 recommendations | 2 comments
FTSE's fortune was not as bad as had been feared, after hopes began to rise that the US lawmakers will mange to collate a rescue package in the "Bailout" crisis. ...
" Lawmakers shouted news of the plummeting Dow Jones average as lawmakers crowded on the House floor during the drawn-out and tense call of the roll, which dragged on for roughly 40 minutes as leaders on both...
created by BallyZACA | 4 years ago | updated 4 years ago 51 views | 0 recommendations | 0 comments
It’s annoying to see Democrat Politicians like Nancy Pelosi spin the bailout circumstances by trying to make the main architects of this disaster, Senator Chris Dodd and Congressman Barney Frank into its...
opinion by joellerose | 4 years ago | updated 4 years ago 280 views | 14 recommendations | 9 comments
" The $700 billion US bailout has not gone down particularly well today in Asia and Europe. But in Europe we have the nationalization of Fortis, a bailout for Hypo Bank and the nationalization of Bradford & Bingley. I just read that each UK tax payer is now holding...
"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...
by Stephen Fox, Contributing Editor, New Mexico Sun News Founder, New Millennium Fine Art As introduction, I must say that Paul Newman's passing has saddened me profoundly, not because of any of his movies, but because of a personal memory which stirs up in me now, as I...
opinion by Stephen Fox | 4 years ago | updated 4 years ago 851 views | 2 recommendations | 5 comments