A primer on why America's economic future is screwed

This is relative to those wondering why we shouldn't tax the heck out of the rich. I'm pretty close to the bottom tier but know enough about economics to realize:(a)You cannot "tax" your way to financial solvency when government spending is an equally large problem- let's...

Dow Jones Drops 513 Points: As Bad as Congress' Approval Rating

Dow Jones Loses 4.3% of Value: Worst Performance Since 2008Today is not Stock Market Day. The Dow Jones Industrial Average lost 513 points (4.3% of its value) on August 4, its worst single day since 2008. The terrible, horrible, no good, very bad day for the Dow Jones didn't...

Dow Jones CEO Les Hinton Quits over NOTW Scandal

Les Hinton Resigns over Phone Hacking Scandal Les Hinton, CEO of Down Jones Inc., is stepping down as the heat over the News of the World phone hacking scandal rises. Les Hinton was CEO of News International when the...

P&G Stock Down By 20%, Accenture Hits 1 Cent: Computer Glitch?

Stock Market Today: Why did the Proctor and Gamble (P&G) stock price drop?  In a was a crazy ride for the NYSE and Dow Jones today, Proctor and Gamble (P&G) stock dropped suddenly by 20% in almost 5...

US Stock Markets Fall: US Oil, Nasdaq and Dow Jones Take a Hit

Nasdaq, Dow Jones and other US stock markets fell on Tuesday, July 7, due to an uncertain outlook for economic recovery. The US Obama administration has suggested another possible round of fiscal stimulus to...

US President Obama Discussed G20 London Summit

President Obama held a press conference hours after the G20 Summit was adjourned on Apr. 2, to discuss the results with the international press before engaging in the Q&A with the reporters. He discussed the...

The Fed to Take a Vacation on Interest Rates Cutting

Today, the Dow Jones closed below the 7,000 points, for the first time in 5 years. So, until January 20, 2009, what is President Bush doing to help ease the market? Will playing the blame game with the Congress help ease the market? According to the Press Release of October...

Dow Jones Closes Down by 495 Points

Update: Trading ended moments ago as the Dow Jones closes down by 495 points, ending a grim day. Bad economic news greeted the opening bell, and trading trends reflected that, with oil prices dropping. The Dow closed at its lowest since 2003.Markets are down around the world...

American Perspectives on Presidential Election

http://citizenspeak-americanperspectives.blogspot.com/2008/10/mccain-palins-devisive-tactic.html McCain-Palin's Divisive Tactic Persists in Ads and Rallies, but does it work?

GM Stocks Drop to 58-year Low

More bad news on the market front: as the Dow tumbled today, shares of General Motors declined even faster and more dramatically -- to a 58 year low of $4.65.For real-time updates on this topic, check out our...

Dow Dips Below 8,000 As Bush Gives Economy Speech

The stock markets did close today with a slim bounce back from their previous fallen position." Stocks ended with slim declines Friday, as investors fought back from a decline of as much as 697 points on the Dow...

Oil soars as global financial turmoil continues

" Oil prices have jumped more than $25 a barrel to record their biggest ever one-day gain as US stocks took another beating amid the continuing global financial turmoil.  Uncertainty about what the US...

Global stock markets in melting spree

Global stock markets is on metlting spree with bears taking overall control of the market.All Europeans market are down for the second day and the mayhem to continue for a week.Asian market too tumbled and Shares...

Dow Tumbles as Lehman Plunges

With Lehman Brothers stock losing nearly half its value today and oil prices falling, the S&P 500 takes its biggest single day loss in 18 months. " U.S. Stocks Tumble as Lehman Brothers Rattles...

The Bull Pulls the Bear out & Leaves The Dow down

ITS OFFICIAL - the Dow Jones has a bear loss on Wall Street as of today the Bull market is over. The loss of shares in one of America's and the world most influence able stock Market has been on the slide since its highest mark on October 9th, 2007 (14,164.5). Today's Dow...

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