ButAsForMe 

Europe

Today’s Court Jester An Example Of Societal Insensitivity

December 30, 2011

When is a joke, not funny?  When it comes at the expense of vulnerable children and adults and perpetuates a prejudicial stereotype.  Comedienne Sarah Silverman crossed that line  for the price of a laugh when recently she opened her act  with what she obviously thought was a clever remark, but was more sardonic and bordered on crude and [...]

Tagged as: comedienne sarah silverman faux pas, entitlement generation, not so funny, societal insensitivity, u.s. demise

Read the full article →

The OMG of the EU Crisis!

December 13, 2011

As we approach the holidays, we have seen Wall Street rallies and declines in unemployment –if you do not look too close, that is.  Meanwhile Europe waivers on a new economic strategy to rein in its’ members to the south, and the United States major bankers and companies quake at the thought of what the [...]

Tagged as: David Weidner of MarketWatch, Europe Economic Crisis Spillover, Global Economic Uncertainty, No confidence in EU leaders

Read the full article →

Depression with a small “d”

December 12, 2011

Paul Krugman, Nobel Laureate in Economics and Princeton Professor, writing for The New York Times announced Sunday that although the U.S. is not repeating the Great Depression [not yet], it is in a depression.  Further, he warns of the political fallout over the economic crisis in Europe and the rise of European right wing populists [...]

Tagged as: Anger at EU, depression, germany, Hungary, Paul Krugman, Rise of european right wing opulists

Read the full article →

Proposed Agenda For Occupy Wall Street #4: Prevent Another Financial Collapse By Breaking Up Big Banks

December 10, 2011

Strings were never tied to TARP, and as a result Wall Street and the financial institutions have learned zip from their wanton, careless and risky behavior pre-2008.  It is their sheer size that created the nation coming so close to the edge, and if the present problems of the European Union tells us anything is [...]

Tagged as: Break-up the Banks, James Kwak, Proposed Agenda for OWS, simon johnson, vulnerability of u.s banks and corporations to eu crisis

Read the full article →

Maybe Wall Street Would Be Better Off Hiring More Women

November 1, 2011

On Squawk on the Street last week, Jim Cramer and others noted the practical nature of women to look at problems and find a way to solve them.  Citing Merkel of Germany, Secretary of State Hilary Clinton, and Meg Whitman, new CEO of HP,  as examples of women exhibiting a pragmatic approach to problem solving [...]

Tagged as: clinton, eu bailout, hp, hp touchpad, meg whitman, merkel, shortage of women ceo and political leaders, Wall Street

Read the full article →

EU Strikes A Deal But The Devil May Be In The Details

October 29, 2011

Although Wall Street needed an excuse to break out of its’ doldrums and actually create some movement with word that the EU had struck a deal, it now remains to be seen if this will produce  concrete solutions to the EU financial woes , or if this  tidbit, along with an improvement of the U.S. [...]

Tagged as: eu deal more hype than plan, Reformed Liberal, risky behavior returns to wall street ?, sarkozy and merkel, U.S. GDP grows but does not deliver jobs

Read the full article →

Too Little, Too Late By EU May Spell Double Dip for US

October 25, 2011

Despite the hype on the meeting this week by the G20 to resolve debt issues of Greece, Italy and other financially troubled members of the EU, there is real fear that any deal struck will not go far  enough to prevent defaults and recapitalize their banks.  Failure to act decisively and boldly will have an [...]

Tagged as: banks, Belgium, Brussels, Double Dip Recession, Federal Reserve, France, G20, germany, Goldman-Sachs, Greece, Italy, JP Morgan Chase, New World Order, Portugal, Quantitative Easing, recapitalize europe's banks, Spain, United Kingdom, Vatican, wall street rally

Read the full article →

BREAKING NEWS: ‘Signficant Downturn Risk’ Sends Markets In 2nd Day Spiral

September 22, 2011

With  an anemic U.S. economy and the Federal Reserve giving little in terms of relief yesterday, Wall Street started it’s second day in -300+ territory.  Overnight, the Hang Seng lost ground and the  U.K. and France followed with a 5% drop. Despite U.C. benefits falling last week,  U.S. unemployment claims remain around 423,000 ,a signal [...]

Tagged as: Breaking News, China Third Month of Manufacturing Downturn, Federal Reserve Sell Short To Buy Long, Second Recession, Weak U.S. Economy Plunges Dow

Read the full article →

Europe’s Stock Market Plunges On Possible U.S. Second Recession

September 5, 2011

Labor Day rescues Wall Street as Europeans head for cover in the Swiss franc  and bonds.  While the U.S. market was closed today on a holiday that recognizes labor’s contribution to the nation, European markets fell sharply in anticipating a shaky world economy that includes a possible  second U.S.recession, lack of a solution to Greece’s [...]

Tagged as: August Jobs Report, European and Asian Markets Plunge As U.S. celebrates Labor Day, Second Recession

Read the full article →

S & P Downgrade: U.S. Wake-Up Call!

August 8, 2011

Whether or not you view the downgrade by Standard & Poor’s as valid or not, the way that the U.S. does business–and governs, cannot continue. Entitlements are not the sole culprit here; if they were then other countries that have a more socialistic bent to the way they govern such as the  United Kingdom Commonwealth, [...]

Tagged as: energy policy, Entitlements, Federal Reserv, Leadership Failure, list of S&P AAA nations, Obama, Recession of 1937-38, Recovery, Reformed Liberal, S&P Downgrade, socialism, stimulus, unemployment

Read the full article →

China Belt Tightening May Spell Inflation Ripple

January 17, 2011

Last Friday, China raised its reserve ratio for the 7th time since 2009, and in doing so may create inflation problems for Europe writes MarketWatch’s Stephen Kennedy today.  Plus Euro-zone ministers will meet to discuss raising reserves of its’ rescue fund for possible bailouts of Portugal and Spain while Germany balks. Read the full article [...]

Tagged as: China, china reserve ratio, germany, Inflation, MarketWatch, Portugal, Sovereign solvency, Spain, stephen kennedy

Read the full article →

← Previous Entries