US Economy Corporate Media to Working Class – Suck it Up March 7, 2009
In the video below you have a prime example of why you should look at all the “advice” that corporate run media programs give as suspect at best. In the video, some “money and business gurus” tell a guy who paid 300 K on a 600 K house and owes 350 K on it while it is currently worth 270 K, ….
US Economy, Summary Big Picture Survival Guide March 6, 2009
I believe it was Paul Kraugmen that wrote an article a few years back about the YOYOs (You are on your Own) and WITTs (We are in This together) schools of thought on economics. You hear working class people being thrown under the bus by all the big business news outlets …
The US Economy Lessons Ponzi Schemes Investors need to Learn
Ponzi schemes are financial set ups where someone promises some kind of lucrative return on your investment with them and the scheme they are promoting, but in actuality take the initial investments given to them to set up the operation …
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US Economy AIG Bailed Out Again here’s Why March 5, 2009
Did you hear that AIG (American International Group, Inc.) got a Fourth Bailout this weekend? If you are keeping track of the US economy, then you know that the FIRE sector (Finance Insurance and Real Estate) is pulling the real economy down. The FIRE sector doesn’t produce anything, it offers up financial schemes on actual goods and services produced, offers up financial protections on those schemes to manage their risk
Wall Street Fraud and Real Solution November 4, 2008
The following is an email I wrote to my Congress person explaining how the proposed bail out of Wall Street is counter productive and creating a safe harbor for corporate criminals and what you can do to let Congress know you will vote them out of office if they approve of it.
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