Archive for 'economy'
Who’s Going To Bail The Taxpayer Out?
30 September 2008Who’s going to buy his assets. When the government runs out of money after helping every greedy company in America, then who is going to bail the taxpayer out?
This plea for a bailout of the financial markets, by the fed is not unfounded. They are in trouble, but how did they get there, no one [...]
Pickens on the Economy…
21 September 2008Check out T.Boone Pickens views on the Economy, Oil , Congress, and the Energy plan…
Energy Plan And The Candidates
28 August 2008As we all know by now T.Boone Pickens is really promoting his energy plan of using the wind corridor in the middle of the country to produce energy through wind power and to power our transportation with natural gas. While helping us get off our dependence on foreign oil, his plan would also help revive [...]
3.1 Trillion Dollar Budget: That’s A Lot of Zeros…
4 February 2008 President Bush’s proposed budget is ready for review from Congress, already put down by Democrats and some Republicans who say it uses Budgetary gimmicks to project a surplus by 2012. (Yahoo News)
Here are the highlights:
3.1 Trillion Dollars spent in a 12 month period
Stimulate Economy
$150 Billion Stimulus Package for Individual Refunds and Business Investment [...]
Tax Cuts Set To Expire in 2010, How Will That Affect You…
28 January 2008<span> &<span>lt</span>;a <span>href</span>=”http://www.<span>polldaddy</span>.com” &gt;surveys&<span>lt</span>;/a&gt; - &<span>lt</span>;a <span>href</span>=”http://www.<span>polldaddy</span>.com/p/266711/” &gt;Take Our Poll&<span>lt</span>;/a&gt; </span>
2001. President Bush came into office promising a range of income tax cuts. He succeeded in getting a 10-year $1.35 trillion tax cut plan through Congress in 2001. It was the largest tax cut since 1981. Some key elements were:
A reduction of individual income tax [...]
No, the World Economy Is Not Comming To An End…
22 January 2008At least not today. As the rest of the world’s financial markets, dropped up to 10% overnight, American Financial Markets prepared for an onslaught of SELL Orders. World fear that the US Economy will slip into a recession and cause American consumers to stop buying products from around the world is what caused the [...]
Argentina And US in Parallel Universes
28 October 2007
As if in parallel universes, Argentina and the US are having elections and current and former First Ladies are front runners in the race for President.
In Argentina: Cristina Fernandez Kirshner, wife to current President Nestor Kirshner is currently a Senator and close adviser to the president, and a lawyer. Nestor Kirshner managed to get [...]
Fed Rate Cut/Sub-Prime Poll
19 September 2007Today’s Fed Rate Cut was mostly prompted by the credit crunch that we are in caused by the Sub-Prime Mortgage Crisis.
Just to get a feel about how many people got caught up in the sub-prime crisis, let’s take the pulse.
<a href=”http://www.polldaddy.com” >Free Poll</a> - <a href=”http://www.polldaddy.com/poll.asp?p=106872″ >Take Our Poll</a>
arm loans credit [...]
Fed Rate Cut
18 September 2007The Fed rate cut surprised everyone. The Fed’s lowered the Fed Fund Rate 50 basis points down to 4.75%, much better than the expected 25 basis points. The Fed Discount Rate also went down 50 basis points down to 5.25%, surpassing expectations that were a 0-25 basis point cut. This sent the message out [...]
