Stiglitz Says Markets âIrrationally Exuberantâ About Economy
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http://www.bloomberg.com/apps/news?pid=20601087&sid=aExyOK3McV8E
By Jeremy Torobin
Oct. 5 (Bloomberg) -- Nobel Prize-winning economist Joseph Stiglitz said unemployment is going to keep...
Thanks globalization for lifting the living standards of Americans AND Mexicans!
This will be a sneak peak of America's future; a time when people will be buying single serving sized Frosted Flakes for their kids.
http://www.bloomberg.com/apps/news?pid=20601109&sid=abehwuJB.5ZE
Wal-Mart...
Short term profits for 'the financial community' is the biggest threat to jobs, creating and sustaining thousands of companies making real products, and the employees and shareholders of those companies.
These people leveraging these companies (when it's not necessary and in fact, harmful)...
Goldie wouldn't have even survived without the 14 billion they pocketed from the Paulson bailout of AIG, nor the tens of billions of taxpayer-extracted money the government gave other Goldman counterparties.
Suck my nutsack, piker.
You are a truly pathetic individual, and must cream your pants whenever Goldman Sachs goes on a rape and pillaging (of the U.S. taxpayer) spree.
Roubini Says Stocks Have Risen âToo Much, Too Soon, Too Fastâ
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http://www.bloomberg.com/apps/news?pid=20601087&sid=aGDRFBUdT3iY
By Shamim Adam and Francine Lacqua
Oct. 4 (Bloomberg) -- New York University Professor Nouriel Roubini, who accurately...
Socialism!! Socialism!!!
These veterans must be commies!!!
It's sickening that Republicans have killed the best shot at producing real health care savings in the U.S.: A Public Option to compete with private insurance companies.
But noooooo.
Let health care costs keep skyrocketing...
Non-U.S. denominated currencies, commodities, non-U.S. denominated treasuries...
Maybe there's a reservoir of people and policy makers that see a future global crisis looming, and the value of the U.S.D., despite all the central bank injections and quantitative easing, will be a smart...
The Dow Zero Insurgency
The nothing-can-be-believed chaos of the financial crisis created a golden opportunity for a blog run by a mysterious ex-hedge-funder with a dodgy past and conspiracy theories to burn.
* By Joe Hagan
* Published Sep 27, 2009
Last spring, in a far corner of...
Is buying dollars and/or treasuries irrational?
Is buying dollars and/or treasuries ruinous IF the severe flu the U.S. has spreads to China, Japan and other exporting nations, developed and emerging?
Isn't much of the money being printed by the U.S. being vaporized by financial entities...
U.S. Job Losses May Be Even Larger as Laborâs Model Breaks Down
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By Carlos Torres
http://www.bloomberg.com/apps/news?pid=20601068&sid=aXoQJ14iSlWg
Oct. 2 (Bloomberg) -- The U.S. economic slump earlier this year was so severe it short-circuited the...
"If we did what the government did [promoting false 'green shoots'], we'd go to jail."
http://www.bloomberg.com/avp/avp.htm?N=ceo&T=Kenneth%20Langone%20Says%20U.S.%20in%20%60Horrible%20Economic%20Storm%27&clipSRC=mms://media2.bloomberg.com/cache/vY36ExWO8TB0.asf
The Wizard of Beck
By DAVID BROOKS
Published: October 2, 2009
http://www.nytimes.com/2009/10/02/opinion/02brooks.html?_r=1
Let us take a trip back into history. Not ancient history. Recent history. It is the winter of 2007. The presidential primaries are approaching. The talk jocks...
With employment (real rate, not bullshit government reported rate) headed to 20% or possibly more, this is a smart move, if they price it right...
http://www.baltimoresun.com/features/parenting/bal-american-girl-gwen-0930,0,5319017.story