The man who helped bring down the US economy is asking for more money to waste. The man who denied the recession over a year ago existed is now saying the apocalypse is here. He is the last person anyone should be listening to. He keeps singing the same old song, crying wolf, and basically [...]
We have new laws that will supposedly help consumers, but it never works out that way. It seems like lobbyists get politicians to do what is in their best interest. On paper it does sound good that consumers won’t be robbed anymore by the credit card companies, but history tells us it will actually hurt [...]
Recessions are part of the economic cycle. The economy expands and contracts. It is what happens in a free market. In the last few years, the Bush administration tried to avoid it from happening. We had Bush, Bernanke, and Paulson first deny that we were in a recession and hoped that would work. When they [...]
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