Tag Archives: economy

Is Revolution Coming to America?

Probably not, but don’t tell that to Occupy. On September 17, an estimated 1,000 protesters descended on Wall Street. The protest was called by the Candian group Adbusters and supported by the hacker group Anonymous. They are Occupy and they … Continue reading

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Jon Stewart explains the financial crisis.

Or in other words: Jon Stewart explains the corrupt, dishonest, and yes, total legal ways the big banks and associates stole billions of your dollars.  Its a bit long, but the main segment starts at 7.  The Daily Show. (Embed … Continue reading

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Davos Experts See Dip Ahead

So will the world economy recover or will there be a double dip?  The world’s economic leaders are not very optimistic. “Heavy debts will weigh on governments and households in the U.S. and Europe for some time, while hopes for … Continue reading

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The Recession Is Over. Really?

“Technically the recession may be over.” – Ben Bernake (emphasis added).  Oh really Mr Fed?  It sure aint for working people, particularly in California – 12.2%.  And Remember these numbers are only for people receiving benefits so add a couple … Continue reading

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After the Recesion Comes the Inflation?

As if we didn’t have enough to worry about in these dismal economic days, the government’s policies implemented in an attempt to avoid a total economic collapse after-effects will be felt for years to come. The currency-in-circulation component of the … Continue reading

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Oil to $250?

The pirce of a barrel of oil is again on the rise.  If you can recall the sky rocketing oil and gas prices were one of the firs signs of the coming econmy crisis back in 2007.  And here we … Continue reading

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Why Newspaper and Music Comparisons are No Longer Relevant

Mark Cuban takes a look at the various forms of media distribution on his Blog Maverick: “Yes, they are INCREDIBLY STUPID.  In a digital era, it makes absolutely no sense to compare industries that were trying to protect and serve … Continue reading

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The Economy

Check out the new update on unemployment on my The Economy page (constant link in the sidebar).

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The Big Pump

The Federal Reserve has decided to create another trillion dollars.  So what happens when that much money is created out of thin air?  Well they may see it as necessary in the short term but in the long term this … Continue reading

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More Doom and Gloom

I know everyone is a bit burnt out on miserable stock numbers, but sometimes the medicine is painful: In February the DOW had its worst month ever percentage-wise.  From the Wall Street Journal: The Dow Jones Industrial Average dropped 119.15 … Continue reading

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The 2009 Budget.

Well it’s party time again on Capitol Hill.   Obama’s 2009 budget proposal has been revealed. The conservatives are in full blown political battle positions and the bunker has been reinforced with 21st century poly-carbonite blast proof doors.  Point being, it’s … Continue reading

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Dr. Doom Strikes Again!

Over at Bloomberg.com Noriel Roubini, kindly nicknamed Dr. Doom for his tendancy to make pessimistic (but often accurate) economic forecasts, predicts that it is only going to get worse before it gets better: Unfortunately, the worst is ahead of us. … Continue reading

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2009 is looking fine!

Nouriel Roubini is one economist everyone should be listening to, listen and make your own judgments of course. He is a professor of econ at NYU and is known as Dr. Doom and predicted the credit crisis many months ago, … Continue reading

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Explaining the Credit Crisis

Here is an explanation of the credit crisis that we can all understand (sort of).  Its a cartoon and a bit long, but its worth it: Link

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