Gov't Throws Out Another $800 Billion, Tab Now $8.5 Trillion

November 25, 2008 | 06:20 AM | 0 Comments

Hot off the press, the government printing press that is. Another $800 billion in guarantees to Wall Street.The money drug addicts can't help it. It just feels good to throw out big numbers I guess.... read more »

Financial Meltdown Worsening

November 24, 2008 | 09:31 PM | 0 Comments

It's been some time since my last article on the economic and financial meltdown that grips the world economy. Here is some of my observations.Amazingly, the U.S. Government still continues to... read more »

Mr. President: Please Look at What's Happening

October 18, 2008 | 11:08 PM | 0 Comments

Mr. President, I write this article to implore you to reconsider the direction your administration has embarked in attempting to try and reverse the economic downturn the nation and world now face.... read more »

Disgraceful: Another $38 Billion for AIG

October 08, 2008 | 11:33 PM | 0 Comments

The insurance company AIG, a recipient of an already tapped out $85 billion Federal Reserve rescue, is set to receive another bailout in an amount just under $38 Billion. This... read more »

McCain Needs to Seize the Moment

October 05, 2008 | 08:16 PM | 0 Comments

Now that approval of the Trillion dollar give-a-way that won't accomplish anything is accomplished, it's time for Senator John McCain to seize the moment and demand accountability.McCain,... read more »

Hello, It's the Economy Again, Stupid!

October 01, 2008 | 09:33 PM | 0 Comments

It's a bird, it's a plane, no it's the financial system rescue plan, a.k.a. the "bailout". Portrayed like some silver bullet against a failing financial system, the $700 billion, oops! I mean $800... read more »

Washout Continues: Wachovia Fails, Regionals in Peril?

September 29, 2008 | 06:20 PM | 0 Comments

I guess I have been too pointed in my commentary on the National site. Whatever, it is what it is. When in actuality, all I have been trying to do is make a case in regards to the economy... read more »

Another Collapse: WaMu Fails, Next Up Wachovia

September 27, 2008 | 09:05 AM | 0 Comments

Look out for Wachovia to be the next victim as a result of suicide lending practices. Now that WaMu, the nation's largest thrift and loan with over $300 billion in assets has... read more »

Proposed bailout has no cap

September 23, 2008 | 09:53 PM | 0 Comments

I thought I had seen everything until I looked at a copy of the U.S. Treasury's $700 billion bailout plan language. The language contained in section 6 of the document pretty much says it all.... read more »

Financial Markets: Time to get out!

September 22, 2008 | 08:57 PM | 0 Comments

Investment banks Goldman Sachs and Morgan Stanley converting to bank holding companies today, after an emergency consent by federal regulators is a sign that the two firms were moving... read more »