Monthly Archives: April 2011

The politics and economics of a falling dollar

With the big debate going on about the US budget deficit, and the Congress’s failure to come up with a long term deal, the implications are on a global scale.  As this article points out, the world is now dependent … Continue reading

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Another Global Economic Crisis On The Horizon?

It’s no secret that the world economy is a bit unstable.  All the bailouts have failed to make it any more stable, in fact, they have  made it more unstable.  So much so that the World Bank’s president, Robert Zoellick, … Continue reading

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The Harrowing Job Market

The job market is not good out there. ᅠHere is a post about one young man’s story of trying to find a job. ᅠIt’s scary for the youth of today going into the work place. ᅠIt underscores how this country … Continue reading

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Big US firms are hiring overseas while cutting jobs at home

Here’s a brief blog on an article by the Wall Street Journal about how the big companies are hiring more people overseas. ᅠSo, my question is: how is it that the Obama administration can proclaim that we’re in a recovery? … Continue reading

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How To Dump Yourself Down To Get A Job

We all know that the economy is getting worse, except the administration of course. ᅠBut here’s an article to tell you how to dumb yourself down so that you can get a job easier, at lower pay. ᅠAt least, this … Continue reading

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S&P Downgrades US Outlook

This video on the looming downgrading of the U.S. and the consequences that it would have shows the economy is not in any recovery.  The one very interesting word they mention is Bretton Woods, the town after which the post … Continue reading

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Is A Recession Really A Time for A Congressional Recess?

This is an opinion with which I agree. If the country is in crisis, why is the Congress on recess.  Apparently, the recession is not interfering with their recess.  There’s a quote by President Obama like ‘Failure to restore fiscal … Continue reading

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Will Wall Street Rewrite The Economic Crisis History?

This is a clear indictment by Phil Angelites, Financial Crisis Inquiry Commission Chair, of the Federal Reserve and their cohorts on Wall St., and how they got away with criminality.  Alan Greenspan was responsible for a lot of the economic … Continue reading

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Happy To Work Like A Slave Than Be Out Of Work

In this so called recovery, pronounced by the administration, there’s a scary psychology developing in the minds of population, particularly the unemployed, those not fortunate enough to get a bail out.  Here’s an article which demonstrates what I call the … Continue reading

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Who’s Winning On Jobs And The Recovery?

The Obama administration insists that there’s a recovery out there, somewhere.  I haven’t seen it, in fact, while the administration has been claiming that they’re “winning” on the economy, much like Charlie Sheen has been “winning,” all I’ve seen is … Continue reading

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