ButAsForMe 

Financial Reform

There Are None So Blind As Those…

April 2, 2011

A new Wall Street record  is expected, more jobs have been created, the recovery is slow but steady…are these signs that the worse is over, or is it mass delusion created by media hype?  Here’s a cautionary warning from Paul Farrell of MarketWatch.  Remember, wealth can buy many things, but it cannot totally insulate! Read the full article [...]

Tagged as: 2nd American Revolution, Case for Taxing the Wealthy, Food Prices, Inflation, MarketWatch, Paul B. Farrel, unemployment, Wealthy In America

Read the full article →

Getting Away Scot-Free…For Now!

March 7, 2011

MarketWatch’s contributor Paul Farrell writes this month about the government’s missed opportunity to prosecute the criminals of Wall Street for bankrupting America.  Running the numbers, he reports that America is bankrupt to the tune of a negative $44 Trillion!  In one generation the 1% wealthiest among us have increased their share of America’s Pie from 9% to [...]

Tagged as: America''s Second Revolution, Bank of America CEO, Citibank CEO, Class wars, doomsday capitalism, Four time bombs that will blow up Wall Street, Goldman Ceo, MarketWatch, Morgan Stanley CEO, Obama, Paul Farrell, U.S. $44 Trillion In Debt, wall street creating critical mass, Wall Street Crooks, war loving neocons, Wealthy America, world war over resources

Read the full article →

The Sins Of The Father…

February 28, 2011

One of the highlight events in last night’s Oscars was the awarding of the best documentary to Inside Job based on the 2008 economic meltdown.  The film’s director, Charles Ferguson, did a reality check for the country in his acceptance speech when he pointed out that: “…three years after a horrific financial crisis caused by [...]

Tagged as: 2008 economic meltdown, 2011 best videos, 2011 Oscars, Academy Awards, Best Documentary 2011, Charles Ferguson, corporate greed, Inside Job, Matt Damon, TARP, Wall Street

Read the full article →

The Best & The Brightest

December 23, 2010

Sovereign Insolvency is coming to the states.  That’s right folks, state legislatures will face in 2011 the effects of the central government’s trickle down debt.  Some economists estimate that the indebtedness by the states could reach at least $2 trillion–the result of the crash of 2008 and years of funding mandated programs by the federal [...]

Tagged as: economic crisis facing states, government employment, government workers, Governor-elect Scott Walker, recruiting best and brightest for government employment, retirement funds, state employee retirement funds, state employees, state insolvency, State of Wisconsin, state politics, union bashing, unions, wisconsin state employees

Read the full article →

Increased Consumer Confidence or Hype?

November 28, 2010

The mainstream media is reporting that consumer confidence has increased based upon the sales on Black Friday.  However, although sales are up it is rather naive to suggest that this marks an increase in consumer confidence. Thanksgiving was first instituted by Lincoln and finalized as an official holiday by FDR in 1941.  The business community [...]

Tagged as: Black Friday, Black Friday hype, Consumer, consumer confidence, Economy, Foreclosures, Inflation, retailers, Taxes, unemployment

Read the full article →

Less Is Just Less… (VIDEO)

October 17, 2010

Suze Orman went on NBC Nightly News yesterday and gave her outlook of the new reality for the middle class. Folks, it doesn’t look good…

Tagged as: Future of Retirement, Jobs Not Returning U.S., Middle Class Diminishing, Middle Income Crisis, New Reality In U.S., Obama's New Reality for U.S., Older Employees, Owning A Home Out Of Reach, Renting Wave Of The Future, Suze Orman, unemployment, Video Suze Orman

Read the full article →

Wall Street’s Happy Conspiracy

October 5, 2010

Continuing with his series on America’s Second Revolution, Paul Farrell writing for MarketWatch today declares that the Federal Reserve’s demise  predicted by Nassim Nicholas Taleb, the “Black Swan” author, that “The Fed won’t exist in 25 years…” has accelerated to 2020 or as early as 2012 because it has become a pawn of Wall Street’s Happy [...]

Tagged as: Allen Greenspan, Ben Bernanke, Black Swan, Demise of Federal Reserve 2012, Goldman-Sachs, Hank Paulson, Keynesian Deficit Spending, MarketWatch, Michael Boskin, Nassim Taleb, Obama, Paul Farrell, Paul Krugman, Possible Second American Revolution, Thomas Friedman, Timothy Geithner, Tom Friedman, Transformation of Private Debt to Public Debt, Wall Street, Wall Street's Happy Conspiracy

Read the full article →

#1 Lesson In Governing America: You Cannot Serve Two Masters

October 3, 2010

MarketWatch’s Paul Ferrell warns that the nation is on the brink of facing anarchy by 2020 precipitated by the greed of Wall Street and other financial entities, gridlock from a leadership void that elects doctrinaires rather than visionaries, and a Second American Revolution ignited by class warfare between the haves and the rest of us.   A bleak [...]

Tagged as: Anarcy Prediction for 2020, Class Warfare, Financial Institutions, Greed, Gridlock, MarketWatch, Paul Farrell, Second American Revolution

Read the full article →

Joke Of The Week

October 2, 2010

Definition of the Federal Reserve’s quantitative easing:  Adding more elastic to the waistband of global financiers.

Read the full article →

First $28,000 Earned Income FREE!

August 9, 2010

Former Secretary of Labor under President Clinton, Robert Reich, stated on Friday, that current unemployment rates merit enacting new measures  including a jobs program similar to the 1930′s WPA for the long term unemployed who may have given up looking for a job out of despair, and an initial tax free holiday for the first [...]

Tagged as: Employment, Middle Class Stimulus Package, Reich speaks out for $28000 FREE, Robert Reich Job Growth, Robert Reich WPA, Uncertainty In Government Leads To Economic Woes, unemployment

Read the full article →

High Unemployment Means More Children Living In Poverty

July 12, 2010

There still remains a disconnect between Wall Street and Main Street. Fueled by bailouts from government, the current Wall Street rally does not necessarily equate to an improved job outlook. Even, Federal Reserve Chairman Ben Bernanke admits that unemployment will remain high.   The sad thing about numbers is that they do not tell the whole [...]

Tagged as: Children In Poverty, Disconnect Wall Street and Main Street, unemployment, Wall Street, wall street rally

Read the full article →

← Previous Entries

Next Entries →