if you thought the 700 billion bailout bill was bad think again. the federal reserve is apparently handing out two trillion dollars in loans to companies and financial institutions effected by the credit crisis and it wont disclose where the money is going to.
according to naomi klein
we dont really know who theyre handing the money out to because appare...... [Show More]
just how much do you think the federal government has currently spent or earmarked to fix the financial crisis a go ahead think about it.a 700 billiona no try again.a 1 trilliona nope.a give upa the current estimate stands at well are you sitting downa 4.28 trillion dollars.
thats more than we spent on the entirety of wwii adjusted for inflation.a thats...... [Show More]
exactly how much have we spent on bailouts so far over 2 trillion so far from the article
29 billion for bear stearns
143.8 billion for aig
100 billion for fannie mae
100 billion for freddie mac
700 billion for wall street including bank of america merrill lynch citigroup jp morgan wamu wells fargo wachovia morgan stanley go...... [Show More]
three and a half minutes.a thats all it took.a what is it about that mans voice and ideas that i find so comforting
and while the road ahead will be long and the work will be hard i know that we can steer ourselves out of this crisis because here in america we always rise to the moment no matter how hard.
i missed barack obamas voice this past week.a i fou...... [Show More]
debt snowball Post Source: www.richardcleaver.com Posted: Nov 10 2008 20:49:05
i was asked a question about the size of the deficit and the debt in the united states. it is large and larger.
the total debt according to the u.s. national debt clock stands at 10.6 trillion. 13 zeros. roughly seven times the size of canadas annual gdp.
annual gdp for the u.s. economy is roughly 14 trillion and the budget deficit could reach 1 trillion. under the bush administr...... [Show More]
those nattering nabobs of negativity the marin institute are gleefully spreading the word that the governator arnold schwarzenegger is proposing to raise the tax on beer in order to get california out of the mess that he and the rest of the gang of idiots collectively known as politicians got themselves into dragging us down with them while constantly trying to figure out how to mak...... [Show More]
those nattering nabobs of negativity the marin institute are gleefully spreading the word that the governator arnold schwarzenegger is proposing to raise the tax on beer in order to get california out of the mess that he and the rest of the gang of idiots collectively known as politicians got themselves into dragging us down with them while constantly trying to figure out how to mak...... [Show More]
senator barack obama democrat of illinois will become the 44th president of the united states january 20 2009. his inauguration will be historic as we all know well. taking the oath of office may be the easiest task he faces in the four years ahead.
the most techsavvy president in history obama will deal with a lot of demands from the technology industry. the fcc s vote this ...... [Show More]
obamas first press conference today highlighted a few of his economic priorities
a new stimulus package for the economy. this doesnt come as much a surprise he has previously advocated for another stimulus package around 175 billion .an extension of unemployment benefits .make auto industry a priority.
and thus it begins a new era of market paternalism and new progressivi...... [Show More]
whether starting a business or building your career most likely you are going to have to start from the bottom and work your way up. obama is a man who has worked his way up by optimizing his resources.
im not going to give you the history of all his accomplishments because you can read it right here .
obama ran a fantastic campaign that put him in a position to win. he is a black man...... [Show More]
when the dust clears and the election results reveal the new leader of the free world the american people have something to say mr. president it is time to heal the rifts. we have endured the longest presidential campaign in recent history. we survived the rhetoric and platitudes and now we demand results. how will you bring together the american people the split factions include republi...... [Show More]
found this in the blog of my webhosting provider thought it might be interesting.
hostgator blog gator crossing blog archive obama gets the nerd vote
quote
obama gets the nerd vote
written by brent oxley on november 3 2008 129 am
many of us at hostgator were curious what the nerd vote looked like so we went ahead and ran our own poll amo...... [Show More]
politico recently broke the news that whatever tuesdays outcome nudge wink conservative leaders are planning a secret conference next week to right the listing ship of american conservatism.a when village wit learned that the conference call setting up the meeting was secretly taped by the department of justice under the warrantless wiretapping provisions ...... [Show More]
it seems to me that one of the major causes for the debt crisis today is a lack of transparency.a politicians can tell their constituencies that they arent raising taxes but instead plunge us and our children and grandchildren into debt.
my solution starts with some wordsmithing change the word tax to tax debt.82 21a april 15 is taxdebt day at which ...... [Show More]
my wife and iaadopt a long term approach when it comes toaour investment in stocks. another reason was alsoadue to thealack of time to actively monitor the movement of the stock prices. with the recent financial crisis i did expect an impact on my investments but was totally shocked at the extent of it. based on the current value more than 15k of investment was wipe off. i was expecting a 20...... [Show More]
the candidates tax plans are complicated for individuals but according to the tax policy center a joint venture of the urban institute and brookings institution two nonpartisan organizations the national deficit which is already 10.2 trillion will increase under both sens. barack obama and john mccain. the deficit is tied to how much americans pay in taxes. if taxes are low and gov...... [Show More]
5.a the vice president pick
one longstanding criticism of barack obama is that he doesnt have enough experience despite his term as a u.s. senator and his experience as an illinois state senator.a hence its a bit perplexing that the mccain campaign chose sarah palin a state governor with only two years experience as his running mate.a she was a strategic choice in terms ...... [Show More]
ridiculous incredible mindboggling flabbergasting indecent there is probably no single word to help convey all that the obese u.s. national debt figures will eventually mean to humans alive now and to several future generation s.im age courtesy news.bbc.co.uk
the debt has become so high that the counter ran out of digits did itso where did it all go we shoul...... [Show More]
in the beginning there was bear dna . then the projector for the quintessential planetarium experience . last friday it was research on fruit flies . which research project a semieducated republican politician doesnt understand will be next most people who read this obscure blog will either be us researchers or those with friends and colleagues over there. your project could be next...... [Show More]
was alaska worth it Post Source: feeds.feedburner.com Posted: Oct 26 2008 15:00:25
... visit. i am merely comparing figures and projecting what could have been. that is why its called reflection sundays anyway.
the national debt national debt clock httpwww .brillig.c omdebt cl ock . the united states total public debt is the amount of money owed by the united states federal government. public debt is the amount owed by the government to its creditors whether they are nat... [Show More]
het begint er nu toch wel ernstig naar uit te zien dat we aan de vooravond staan van een economische crisis. evenals de crisis die volgde op de beurscrach van 1929 begint ook deze in de verenigde staten. vanmorgen luisterde ik naar een analyse van de amerikaanse econoom michael hudson die te gast was in het radioprogramma guns butter . hij bleek vrij somber over de vooruitzic hten...... . [Show More]
pbs bill moyers journal had this segment at the beginning of the year but i thought it would be timely to bring it up again now as we head into the final days before the us election and as the canadian elections have just passed.
i placed a few of the mentions books on my own reading list im currently enjoying barbara w. tuchmans vivid history of hubris and outrage...... [Show More]
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