RECENT BLOG POSTS
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Luckfish 8 hours ago The original intent was that America was to be a grouping of States...each one a little bit sovereign in it's own right. They decided on the electoral college because they were interested in equalizing the power between the more populous and less populous states. The same t...
11/02/2008
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Prosper People-to-People Lending Marketplace You don't have to be picky to know nothing is going to be perfect without fault. If we don't believe in people and concentrate just on the bad side of people, nothing can be called "civilization." I agree that some people are going to abuse whatever a ...
11/01/2008
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** Part I ** UN: Financial Inequality Rapidly Grows in US http://community.marketwatch.com/groups/us-politics/topics/un-financial-inequality-rapidly-grows#comment919092 Mitch4484 9 hours ago United Nations report has revealed major US cities, including New York, Washington, Atlanta and New Or...
10/28/2008
Fed heads toward uncharted territory Ben Bernanke & Co. are likely to cut interest rates again on Oct. 29. And some experts think rates could soon fall below 1% for the first time. Beyond write-downsThe world's financial system is such a mess that no one is really quite sure where to begin fixing...
10/26/2008
Wow! Joe Can't Spend Money? Only the Big Cats Can. It is a pleasure for me to watch the following interview. A lot of great profound thoughts. However, it is clearly not profoundly deep enough to me, I am too curious to satisfy myself to just agree for some points and disagree for others with Ja...
10/25/2008
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One failed bank gets the housing fix right By Amanda Gengler Last Updated: October 24, 2008: 4:44 PM ET Money Magazine writer When the FDIC seized mortgage giant IndyMac it was one of the biggest bank failures ever. Now the troubled lender just may lead us out of the housing mess. **** As I know,...
10/24/2008
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Is it really so ordered by the doctor Adam Smith or John Keynes? Up this morning, radio news reports: 1. Unemployment is up again. 15,000 people got into the line for the benefits. Gee, we already had an aggregate of 9 million people lost their jobs in a year! 2. Foreclosure is up 70% this qu...
10/23/2008
IRWIN KELLNER Just what the doctor ordered Commentary: Bernanke stimulus prescription exactly what U.S. needs But a good dose of fiscal stimulus is also necessary to boost spending and create enough jobs to ameliorate the ongoing recession. Yet more stimulus is needed. For one thing, muc...
10/21/2008
Guest Blogger: Michael Zweig's Proposal for Economic Stimulus American workers need a financial bailout Send checks to people. The first stimulus package earlier this year sent money to almost everyone, including people at the upper end of the income distribution, who tend to save the money...
10/19/2008
A letter to Senator John McCain A comment on my analysis on the 3rd presidential debate from China Yes, MaCain did a good job; however, why he didn't get it right from the biginning? The best statement in this debate is: "If you want to run against Bush, you should have run four years ago!" Su...
10/16/2008