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What Was The Great Depression?
19 hours ago ago from thetrendyfish.com
Learning from the past mistakes of man can really help us to do things better the next time around. Sometimes we have to look at tragedies in the past to prevent them from happening again. For instance, we can learn a lot by looking at the 1929 stock market crash . This started the worst economic disaster of the 20th century. The people who bought at the top had to wait decades in order to recoup their losses. So, What is the ...
Related contentAmerica not near to solving its debt problems
5 hours ago ago from Shadowtraders
Full story here from The International Forecaster. As we have been forecasting for the last two years, the second wave of mortgage defaults and foreclosures will hit the economy this year. Not only will we have failure in prime loans and option-arm loans, but we are faced with a new crop of subprime and ALT-A loans put into motion by Fannie Mae, Freddie Mac, Ginnie Mae and FHA. In addition, we find it of great interest that the FHA is ...
Related contentIn The News Today
23 hours ago ago from Welcome To Jim Sinclair's MineSet
Dear Extended Family, New York State spending is out of control. California tried to go off the dollar but the California IOU is a total failure. There are 38 states right behind California and New York, all of which are too big to fail. The debts of the weaker European Union states are under attack by the huge short players. In time every currency will come under attack by the same ever-growing source of wealth. Today's ...
Related contentGovernment debt: a new stage in the global financial crisis Blog for Peace and Freedom
10 hours ago ago from Blog for Peace and Freedom
This WSWS Perspective article is orginally posted here. Government debt: a new stage in the global financial crisis 9 February 2010 The tremors that have passed through financial markets over the past week signal a new stage in the global financial crisis brought on by fears in ruling circles of the onset of vast social struggles as governments attempt to pay for the cost of massive bank bailouts through unprecedented cuts in ...
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Snow Job in Washington? - Up and Down Wall Street Daily - R. Forsyth - Barrons.com
1 hour, 17 minutes ago ago from Barron's Online
Snow Job in Washington? By RANDALL W. FORSYTH MORE ARTICLES BY AUTHOR Weather permitting, Bernanke will outline the Fed's exit strategy Wednesday. The really important questions won't get answered. Subscribe Now With these readers: Or copy the rss link: THERE'S 100% CHANCE OF SNOW in Washington Wednesday, and that ...
Related contentFederal Reserve hopes clear exit strategy will boost market confidence
17 hours ago ago from Washington Post - U.S.
When you've flooded the economy with trillions of dollars, mopping up is no easy task. That's the reality the Federal Reserve is confronting as it starts to explain how it will undo the aggressive growth-supporting steps that were put in place when the economy was in its deep dive -- and begins to be clearer about when that may happen. But it is a fraught exercise. Federal Reserve leaders and private economists expect the jobless rate to ...
Related contentBofA spent $1.18M lobbying government in 4Q
5 hours ago ago from U.S. News
BofA spent $1.18M lobbying government in 4Q CHARLOTTE, N.C. (AP) -- Bank of America Corp., the nation's largest lender, spent $1.18 million in the fourth quarter to lobby the federal government on issues such as executive compensation, credit cards and mortgage lending practices, according to a recent disclosure report. That's up from the $820,000 it spent in the 2008 fourth quarter at the height of the financial crisis, and the $930,000 it ...
Related contentBill Scher: Tell The Senate: Stand With Students. Not Sarah Palin's Big Bank Buddies.
48 minutes ago ago from Huffington Post
Click here to the tell the Senate: end the $80 billion subsidy to the big banks and pass student loan reform. Right now, we taxpayers give big banks billions to subsidize their student loans. Giving big banks money is decidedly unpopular after the TARP bailout, among liberals and conservatives. So you'd think there would be consensus to end the subsidies. Apparently not. After the House passed President Obama's proposal to end the ...
Related contentFed's Bullard: Fed Could Keep Interest Rates Low Until 2012 - FOXBusiness.com
17 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home / Markets Monday, February 08, 2010 Fed's Bullard: Fed Could Keep Interest Rates Low Until 2012  By Peter Barnes FOXBusiness  A member of the Federal ...
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