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Archive for 'Stock Market / Economy'

Greece

Why is this situation NOT in the mainstream media?.

School Loan Defaults Rising

It appears that the 17.2% U6 unemployment rate is having an effect on graduates being able to pay back their school loans, as jobs are becoming even more scarce these days.  Many of these students pay up to $60-80k for their education, from for-profit schools, such as ITT.  Then they receive their BS/BA degrees, just [...]

Obama Sellout?

Matt Tabbi’s Rolling Stones article explaining Obama’s love affair with Wall Street.
“Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for hurting the middle class [...]

Pissed off Students…

Reaction to a 32% increase in tuition fees.  I wouldn’t expect any bailouts or handouts from the government, as state revenues continue to shrink.  2010 is going to be an interesting year.
“Eight people were in custody early today after a crowd of angry protesters broke windows and threw burning torches at UC Berkeley Chancellor Robert [...]

http://www.market-ticker.org/archives/1540-BOOM!-Friends-Of-Angelo.html
http://www.latimes.com/business/la-fi-countrywide24-2009oct24,0,2948069.story
The question of whether to investigate the VIP program has caused partisan tensions to flare on the committee, culminating this week when Republicans said Democrats locked them out of the panel’s hearing room. Towns on Friday denied that Republicans were ever “denied access” to the room.
The panel’s top Republican, Rep. Darrell Issa (R-Vista), who has [...]

Will this ever happen in America?

Apparently the French do not like getting laid off… So they kidnap their bosses, burn down property in their factories, block entrances, and sometimes even ransack police headquarters.
LA Times story:
http://www.latimes.com/news/nationworld/world/la-fg-france-workers9-2009aug09,0,7784068.story

Is America waking up?

The Fed

Great video on the Federal Reserve from Zerohedge a week ago…
http://zerohedge.blogspot.com/2009/07/fed-under-increasing-fire.html

Truth in main stream media

Doom and Gloom?  Or a dose of reality?

Bernanke, The Master of Lies…

He’s been wrong and lying since 2005.  Back then he was looking and sounding very confident, as the truth was still concealed.
The lies are now falling apart.  Now he’s looking like crap, worn out, dark bags under his eyes, stuttering, and not sounding confident anymore.  And, he’s even lost his memory as he has forgotten [...]