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1999 NY Times Article Foretells Current Economic Meltdown
This is a blog post I wrote after coming across an article the New York Times had published in 1999, just after the passage of the Gramm-Leach-Bliley Act, which Republocrats are trying to avoid talking about, but... West Brom set to axe 150 staff
" UP TO 150 jobs are at risk at West Bromwich Building Society as the region’s biggest mutual fights the harshest economic downturn for nearly two decades. The depth of the recession in the region was... Economic deja vu as powers that be play same old tune
Bryan Kavanagh is a real estate valuer and honorary director of the Land Values Research Group, and he is one of Australia's leading experts on classical economics.– –Economic deja vu as powers that be play...
created by Maireid Sullivan | 48 wks ago | updated 48 wks ago
114 views | 6 recommendations | 0 comments
114 views | 6 recommendations | 0 comments
Stocks Biggest Week Ever Since 1974 and Auto Bailout Nearing
"U.S. stocks gained, capping the biggest weekly advance for the Standard & Poor’s 500 Index in 34 years, on speculation that government bailouts will shore up the economy."The S&P 500 soared by more than... This Is Not A Normal Recession: Moving on to Plan B
""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while... history of speculation
U.S. History of Anti-Speculation Precedents Reviewed for Congress--Outlawing Stock Jobbing, Bucket-Shops, Gaming A brief history of what kinds of useful anti-speculation measures were taken in the past by U.S. Federal and state agencies, was presented at yesterday's hearing... Opec 'lost $700bn on cheaper oil' cartel's president Chakib Khelil
OPEC president is worried that the CRUDE prices are still not US $ 147, it is a notional loss and it seems that OPEC wanted to make extraordinary profits for every. The cartel is also worried that due to recession their profits will still be reduced substantially and maybe... Asian stocks soar on rate cut hopes
The buying spree led US sharing soaring on Tuesday and Wall Street had the second-largest point gain in history for blue chips. The fresh hope in the market came with expectation of a rate cut and... Iran: Velayati not to run for Iran presidency (Updated)
As Iranian Presidential election campaing draws near, would be candidate Ali-Akbar Velayati - a top adviser to Ali Khamenei- quits the political race. Majlis Speaker Ali Larijani has also confirmed that he will... price of oil
Most people had this one go right over their heads, but in the last few weeks we've seen a controlled experiment on the price of a barrel of oil, without being boosted 200% by speculators on future markets. The... Colin Powell to Endorse Obama, Powell Appears on Meet the Press
The net is a buzz this weekend that Colin Powell will endorse Senator Obama for president on Sunday's Meet the Press. There was a similar net buzz just prior to the Democratic National Convention, that Colin... Brown critic 'ends hostilities'
UK prime minister Gordon Brown's comeback continues, as one of his leading critics has publicly said he will stop his calls for Brown to step aside."One of Gordon Brown's leading critics has said his campaign for... Are Major Oil Suppliers Manipulating the Price of Oil?
Suppose that major suppliers in the oil industry are the manipulative speculators. Two Stanford students explained how in the article 'Are Oil Prices Rigged?' in Time Magazine, last August 22, 2008, (Ari J. Officer studies financial mathematics at Stanford University.... Peter Mandelson to return to Cabinet
In a truly stunning move, Peter Mandelson, the EU's Trade Commissioner, has been recalled to London to serve in Gordon Brown's cabinet. Mandelson was a powerful voice in Brussels, and it will be interesting to...Plant slams door on Led Zep tour
" Led Zeppelin frontman Robert Plant has scotched rumours that he is to tour with the band, describing speculation as "frustrating and ridiculous". Last week, The Sun newspaper reported that he had agreed to a...
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