Archive for March, 2009
G20 Protest in Europe
It appears that the general public is catching on…
In London, tens of thousands of people protested all over central London Saturday to demand economic justice, jobs, and environmental accountability, starting 6 days of protest to the G20 summit next week.
Quotes and signs from protestors:
“Hang a Banker” and “Storm the Banks”
“They should be [...]
Posted: March 28th, 2009 under Stock Market / Economy.
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Bear Market Rally
U.S. stocks rallied strong, extending the market’s best monthly gain since 1974. The S&P closed 832.86 today, and is up 13% in March. In the past 13 trading days, 9 have been in the green, as a lot of economic data that was recently release was not AS bad as most analysts believed they would [...]
Posted: March 26th, 2009 under Stock Market / Economy.
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Geithner: Open to the Idea of a One World Currency
Unbelievable… Geithner is actually open to the idea of a One World Currency. No one would have even fathomed the idea a year ago… Things are getting worse at an alarming pace.
US Treasury Secretary Timothy Geithner said he was “quite open” to China’s suggestion of moving toward SDR-linked currency system.
http://www.cnbc.com/id/29866259
US Spending is “the way [...]
Posted: March 25th, 2009 under Stock Market / Economy.
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Four Oakland police officers killed by a Wanted Parolee
Source = LA Times
On March 21st Lovelle Mixon opened fire on two officers killing them. Later he fatally wounded two SWAT officers who stormed the apartment in which he was hiding. Apparently, Lovelle did not want to go back to prison.
There are about 122,000 parolees on the streets in California.
16,725 people in [...]
Posted: March 24th, 2009 under Interesting.
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Toxic Asset Plan: US Tax payers get the short stick again
The program is expected to generate $500 billion in buying power, which will be used to buy “legacy assets”, but the final cost could be as high as $1 trillion.
In this program, under a the private and public sector partnership, the private sector would put up a fraction of the cost in these investments, and [...]
Posted: March 24th, 2009 under Stock Market / Economy.
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