Bush, a Georgie come lately, as always

Have you noticed over the last 8 yrs, that Bush is always a day late and a dollar short......on brains and action?"Bush: 'We must act now'Bush, Paulson outline powerful steps targeting troubled mortgage-related assets weighing down the finance industry. Plan could cost...

US creates government sponsored Bad Bank

Bad Bank Paulson, Pelosi had the task to announce the "Bad bank" creation finally by the US government. Originally the banks themselves proposed a $70 bn "Bad bank". Obviously the $70bn would have been just...

CDTV.net: The Federal Reserve, the latest move and why

The latest Fed move and why the Federal Reserve keeps on bailing out companies. Interview with Christopher L. Hanes, economics professor, at the Binghamton University, and a former Board of Governors at the...

Obama gets big Bucks from Fannie Mae/Freddie Mac

Obama calling himself an outsider and agent of change has CEO of Freddie Mac on his Pay Role.  The fact is  that he has received over 500,000 dollars from folks within Fannie Mae/Freddie Mac.  Some...

Fed takes heat on AIG from both sides of Congress

The US Federal Reserve took some bashing today from members of Congress who criticized the loan given to AIG yesterday."In what may be a foreshadowing of the sort of questions Fed Chairman Ben Bernanke can expect when he testifies before congressional committees next week,...

Is the USA transforming into a USSRA?

According to Nouriel Roubini, recent intervention in the American economy would be turning the United States into the United Socialist State Republic of America. " Wed, 17 Sep 2008 22:20:03 MT An economic analyst...

Man United's New Sponsor: The U.S. Government?

English soccer titan Manchester United says that the financial turmoil surrounding their lead sponsor, AIG Insurance, will not affect the club. According to team officials, the club's massive four-year $100...

CDTV.net: Government Bails Out AIG (NYSE: AIG)

Interview with Greg Womack, President of Womack Investment Advisers, Inc. (WIA), at Edmond, Oklahoma. Why 79.9%? What if AIG fails again? What if AIG becomes profitable again, do we get a rebate check or lower taxes?

Feds AIG Bailout = Henry Kissinger= Carlyle group.Get 150billion

The International Institute of Nonviolence News&Opinion By: Rev. Jermano   Just what is the GOP Republican Administration doing when it says it is against Big Government but they do things that are quite...

Clueless candidates - Freddie, Fannie, Lehman, Merryl Lynch, etc etc

Now with the meltdown of financial institutions like Lehman Brothers, neither candidate for Presidency of the US has a clue that we've been the world's leading economic power "without clothes," that the financial...

The Fed is the problem, not the solution

Does our government and our representatives have the morality and the courage to do this and save the US economy and its citizens?These issues should be on both parties platforms, but...."An agenda of deeper reforms can boost public confidence even as it undoes a lot of the...

McCain to Kick Off New Week With "Jobs for America" & Tax Savings Economic Pr...

How about a summer break from federal gas taxes at the pump? That's among the McCain economic proposals."Sen. John McCain will take a bold step forward today as he addresses the state of America's economy and promises to balance the budget. McCain's proposal, called "Jobs for...

Housing - to bail out or not to bail out?

" While the approved Economic Stimulus Act of 2008 will give taxpayers some extra cash — up to $600 for individuals and $1,200 for joint filers it is unlikely to will help the sagging market, prices of properties have dropped but you still cannot buy a house for $1200...

Ben Bernanke Walks into a Bar, Andrew Cuomo Appraises the Nation

Jeez. The Clinton Obama show is killing comedy. Great jokes are getting lost in the sauce. Did you hear the one about Federal Reserve Chairman Ben Bernanke? Ben walks into a bar. A pair of antlers on his head. “Been cuckolded, mister?” asks a chippy, trying for a...

Foreclosure Plans Benefit Banks, But Do Little for Homeowners

Note the key statement here, "Taxpayers foot the bill to finance bailout plans." –"Taxpayers foot the bill to finance bailout plans–For Immediate Release: March 4, 2008Contact: Alan Barber (202) 293- 5380 x115Washington, DC—Many of the recent proposals to help...

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