More Communities Ink Their Own Currencies
April 7, 2009 at 9:29 am | In Uncategorized | Comments OffTags: currency, economy, money, recession
More Communities Ink Their Own Currencies:”A small but growing number of cash-strapped communities are printing their own money.”
Hmmm… Citigroup bonds have value?
March 10, 2009 at 8:03 pm | In Uncategorized | Comments OffTags: banks, economy
Hmmm… Citigroup bonds have value? “Graybill says Citi’s short-term senior debt—bonds maturing in three years or less—is a safer bet because the government won’t let the company default.“
Exactly what conservatives don’t like about this deal.
FBI Finds Alleged Scammer Stanford
February 19, 2009 at 3:36 pm | In Uncategorized | Comments OffTags: banks, economy, scandals
FBI Finds Alleged Scammer Stanford: “The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search.”
Long Term Consequences of the Stimulus
February 16, 2009 at 9:28 pm | In Uncategorized | Comments OffTags: economy, stimulus
Long Term Consequences of the Stimulus: “Where will this money come from?”
Too Late, Bill
February 16, 2009 at 8:44 pm | In Uncategorized | Comments OffTags: Bill Clinton, economy
Too Late, Bill: “I think that the only thing that our administration did or didn’t do that we should have done is to try to set in motion some more formal regulation of the derivatives market.”
White Collar Homeless Rising
February 16, 2009 at 5:34 pm | In Uncategorized | Comments OffTags: economy, homeless, unemployment
White Collar Homeless Rising: “Unfortunately this family is representative of the new face of homelessness in our community. The college educated family forced to leave their rental home and bounce around from motel to motel with no money for food to feed their children.”
Via SurvivalBlog.
Porn Industry Wants Some of That
February 11, 2009 at 9:35 pm | In Uncategorized | Comments OffTags: bailout, economy, stimulus
Porn Industry Wants Some of That: “Nobody could imagine that pornographers would be brazen enough to line up at the government trough.”
Nobody’s Listening, Geithner
February 11, 2009 at 9:28 pm | In Uncategorized | Comments OffTags: bailout, economy, politics, stimulus
Nobody’s Listening, Geithner: “Secretary Geithner’s speech yesterday unveiling the plan is being met with universal distain…“
Starbucks Offers Breakfast Deal, Finally
February 11, 2009 at 9:15 pm | In Uncategorized | Comments OffTags: economy, food, retail
Starbucks Offers Breakfast Deal, Finally: I wonder why they didn’t think of this before? I always went there for the food, and not the coffee. Pretty decent breakfast sandwiches.
Corporate Fraud Running Rampant
February 11, 2009 at 7:23 pm | In Uncategorized | Comments OffTags: business, economic meltdown, economy, fraud
Corporate Fraud Running Rampant: “Pistole says there are 530 active corporate fraud investigations, and 38 of them involve corporate fraud and financial institution matters directly related to the economic crisis.”
The Argentine Warning to the U.S.
February 11, 2009 at 7:14 pm | In Uncategorized | Comments OffTags: Argentina, economic meltdown, economy, inflation, US
The Argentine Warning to the U.S.: “When honest money perishes, the society goes with it. We can’t say we weren’t warned.”
Giving Generously In Hard Times
February 11, 2009 at 10:29 am | In Uncategorized | Comments OffTags: charity, economy, financial
Giving Generously In Hard Times: “When you are feeling afraid, an action denoting trust always makes you feel less fearful and more powerful…”
Well said, and also, Modest Needs is a great organization that helps individuals and families in need.
Retailers Lose Money on Store Credit Cards
February 10, 2009 at 10:49 am | In Uncategorized | Comments OffTags: credit, credit cards, economy, retail
Retailers Lose Money on Store Credit Cards: “Though only a small corner of the credit card market, cards that can be used only at a single retailer are quickly turning into a big headache for their issuers.“
Mafia Injecting Cash Into Desperate Banks
February 10, 2009 at 10:40 am | In Uncategorized | Comments OffTags: banks, economy, Mafia
Mafia Injecting Cash Into Desperate Banks: Cash-rich Mafia groups have been channelling funds into banks desperate to survive the global credit crisis, the UN anti-crime chief said on Monday.
Groveling Before the Fed
February 10, 2009 at 10:38 am | In Uncategorized | Comments OffTags: bailout, banks, economy, federal reserve
Groveling Before the Fed: We’ve seen money go out the back door of this government unlike any time in the history of our country,’ Senator Byron Dorgan, a North Dakota Democrat, said on the Senate floor Feb. 3.
Senate Set to Pass Stimulus Bill
February 10, 2009 at 10:18 am | In Uncategorized | Comments OffTags: economy, stimulus
Senate Set to Pass Stimulus Bill: “The U.S. Senate has enough votes to pass an $838 billion economic stimulus package and clear the way for negotiations with the House to get a bill to President Barack Obama’s quickly.”
Banks May Need $2 Trillion Bailout
February 10, 2009 at 10:15 am | In Uncategorized | Comments OffTags: bailout, banks, economy
Banks May Need $2 Trillion Bailout: “I want to be candid: this strategy will cost money, involve risk, and take time,” Geithner said today.
When the Financial World Almost Stopped
February 9, 2009 at 11:06 pm | In Uncategorized | Comments OffTags: banks, economic meltdown, economy
When the Financial World Almost Stopped: “We were having an electronic run on the banks. They decided to close the operation… If they had not done that, their estimation is that… within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.”
Very scary, indeed. When will the next crisis occur, and how long will it take before we all find out?
Holding Bank CEOs Accountable
February 9, 2009 at 11:00 pm | In Uncategorized | Comments OffTags: bailout, banks, economy
Holding Bank CEOs Accountable: What they need to tell us.
Really? Only Government Can Save the Economy?
February 9, 2009 at 6:58 pm | In Uncategorized | Comments OffTags: economy, Obama, stimulus
Really? Only Government Can Save the Economy? According to President Obama, the answer is yes.
Top Financial Heavyweights Who Will Affect You
February 6, 2009 at 10:58 pm | In Uncategorized | Comments OffTags: economic meltdown, economy, politics
Top Financial Heavyweights Who Will Affect You: “U.S. News & World Report compiled a list of key CEOs, politicos, and even media stars to watch in 2009.”
Madoff Customer List Is 162 Pages Long
February 6, 2009 at 10:56 pm | In Uncategorized | Comments OffTags: economy, Ponzi Schemes, scandals
Madoff Customer List Is 162 Pages Long: “Notables on the list include the International Brotherhood of Teamsters Local 1249 Pension Fund and John Denver Enterprises.”
No Stimulus For France
February 3, 2009 at 9:45 pm | In Uncategorized | Comments OffTags: economy, France, stimulus
No Stimulus For France: “When France is more responsible and less socialistic than your own government, it’s time to worry.”
Should I Be Worried That My State Could Go Bankrupt?
February 3, 2009 at 9:27 pm | In Uncategorized | Comments OffTags: bankruptcy, economy, state budgets, states
Should I Be Worried That My State Could Go Bankrupt? “There is a high chance a majority of the States within the United States of America could file for Chapter 9 bankruptcy.”
California Stops Paying Its Bills
February 3, 2009 at 9:27 pm | In Uncategorized | Comments OffTags: California, economy, state budget
California Stops Paying Its Bills: “People are going to be hurt starting today,” said Hallye Jordan, speaking on behalf of the state Controller. “There’s no money.”
They’d better do something quick.
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