The banks ask for a taxpayer bailout and our corrupt government grants it. The banks promised they will help the people (taxpayers) by doing loan modifications and start lending more money out. Instead, they lie about doing the mods and foreclose on people who are working with them and instead of loaning the borrowed money [...]
This is an example of how inefficient our government is. We bailed out for-profit private banks with public taxpayer funds (aka Moral Hazard). These banks should have been allowed to fail since they were insolvent. That is why we have the FDIC. Instead we heard a load of crap that they were “too big to [...]
The article “I Voted for Obama, Now I’m Voting for Ron Paul” is in the Huffington Post by Anthony Anderson. I think many young people were suckered into voting for a politician who broke all his promises. And I do mean suckered with lines like change we can believe in (chessnoid slaps his [...]
I am not an analyst but does that really matter nowadays, since all the experts have been wrong the past 4 years on the economy. Right now, the little guys like you and me are trying to figure out which way the stock market is headed. I just blogged about the stock market [...]
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