Recovery?

Stocks bounce. Bonds bounce. An economy that bounces following the Japanese experience, with a long, slow on-again/off-again period of depression to expecting some quarters of growth, followed by quarters of...

The 'she-covery' of the recession

Economic recovery in this country is being lead by youths and women aged 25 and over, according to the latest labour force survey released by Statistics Canada.     Armine Yalnizyan, the senior economist for the Canadian Centre for Policy Alternatives, finds...

The Bigger the Bubble the Greater the Bust

It is becoming clearer by the day that the feds' efforts aren't really working. They can give money to their friends in the banking industry. They can give money to speculators who then make bets on the stock...

Fake Recovery through Cash for Clunkers

“US economic power is declining as a result of the financial crisis,” said the head of the World Bank Robert Zoellick. And continued saying: "One of the legacies of this crisis may be a recognition of changed...

Recovery Impossible

The G20 in Pittsburgh will extensively talk about the durable economic recovery that is on its way, however much more work needs to be carried out specifically on European banks if the EU is to avoid years of...

Recovery Wishful Thinking

Recovery is a Wishful Thinking that won't happen soon.Cash for clunkers and any other stimulus plans are stealing future business. People that bought now under the program would have bought next year of...

Simple Bookkeeping:

Bookkeeping is the systematic recording of financial transactions. If you aren’t a bank institution, remember this advice: never lend money to someone else unless you’re morally obliged. In that case before...

Oil Industry Leader Sends Message to Congress

American Petroleum Institute President Jack Gerard sent a letter to members of Congress Friday.  Below is the text of that letter with helpful links added (by me): "Dear Member of Congress: As the Congress...

One hand giveth and the other taketh away

Programs to support people with developmental disabilities to get boon from the Feds while Colorado cuts The Democratic leadership in the U.S. House of Representatives, working with President-elect Barack Obama, just released its long awaited second economic stimulus...

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