Boom or Bust?
Obama was feeling his “victory” today with the new financial reform bill hammered out by the House Financial Services Committee and the Senate Banking Committee, but why does the United States banks and businesses, need more regulation? Why hasn’t there been an investigation of the SEC, the Federal Reserve, the Treasurery Secretary, and the bank auditors? Why not just enforce the rules and regulations already in place?
GM & Chrysler Stiff Taxpayers 34 Billion
So how are they doing? GM turned a first quarter profit of 865 million, and Chrysler lost another 197 million. Does it matter? Fannie and Freddie are still losing. We’re not getting the money back regardless of outcomes. The car companies will just join the other industries at the private slush fund party celebrating.
Goldman Sachs Cleans Its Dirty Laundry In DC
For the record, eight of the ten brokerage houses that dodged criminal accountability in that same settlement went on to receive TARP funds in 2009
America’s Getting “Greeced” Under Obama
Another giant bailout is in play, this time for a country “too big too fail.” It isn’t a matter of proactively attempting to save Greece. It’s more that the member nations are trying to defensively avoid being sucked down the same drain.
The Real Government Interest In Wall Street Is Control Of The Money
To this day, even after almost a trillion in bailout funds have changed hands, no one knows the specifics of the investments labeled “toxic. No one knows what they are, or even where they are. We cannot account for how the bail out money was used.
The IRS and the celebration of economic failure
Is this truly a good thing that we, as a nation, have more people receiving tax refunds or would it be better that people are paying more taxes because they are earning more?
The Powerful Federal Reserve
The Federal Reserve has become much to powerful, it’s secrets vast and too many Americans have no idea how it controls their daily lives. It’s time to educate Americans and demand an audit of the Federal Reserve.
The Groundhog Day Budget in Sacramento
Remember the movie Groundhog Day? Bill Murray’s character has to relive the same day over-and-over again until he gets it right.
Well, the California State Legislature is scrambling, once again, to fix the state budget that is more than $20 billion out of balance. Haven’t we seen this before?
Of course we have.
Time to Tighten YOUR BELT!
Every American in the last couple of years has been trying to hold on to what they have worked so hard to earn, but many are not winning the battle.
Even if you are “winning the battle” you have had to “tighten your belt” by not going out to dinner three time a week, becoming a one car family, cutting activities down for your kids and yourself, cutting up all credit cards, renting movies instead of going out, buying second hand clothes, and pay cash for all purchases.
World markets need to shed socialism
With European Stock markets cringing from the losses in Greece, Portugal and Spain an uncertainty is flooding over world markets. To make matters worse, as if we didn’t have enough hyper socialist economics in the United States, many European nations are instead of cutting taxes and allowing the free market to set economies right have decided that spending is again the best way to solve this problem. Do I even dare speak of cutting national budgets any longer?
