November 18th, 2008
“It’s just going to be a cushion,” John Thain the CEO of Merrill Lynch, whose investment firm recently merged with Bank of America, said about the “bailout” cash BOA will gain from the $125 billion being shipped out to nine major financial institutions this week.
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November 14th, 2008
There is lots of talk about the subject of “Recession” floating around. We hear the word just about everyday from news sources, financial advisors, critics, political pundits, family, and friends. Unfortunately, US leaders are unwilling to take responsibility for years of mismanagement over the nation’s economy. Some continue to make bold public statements despite what’s [...]
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November 6th, 2008
“I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” – Thomas Jefferson
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October 30th, 2008
The U.S. government continues to drop trillions of dollars into the economy, which economists and analysts say will eventually devalue the dollar to zilch. Many believe this is a major slice of the Bush Administration’s plan to phase out the US Dollar and ultimately force on the American people the North American Union and its [...]
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October 27th, 2008
In spite of the government’s attempts to revive the economy, the country remains in the midst of a brutal bear market that began last October. Markets here and around the world plunged relentlessly, sending the Dow Jones industries to a staggering 733 points – a five-year low. Just a year ago jubilant investors were celebrating [...]
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