Tag Archives: crisis

Dear Congress: STAY HOME!!!

Market in free fall! Credit rating demoted! Interest rates! Unemployment! Lions and tigers and bear markets – oh crap!! When the President signed the debt deal last week, he probably figured that it would end the crisis. I’m sure he already had his Department of Education folks working on revising history textbooks to have his… Read More »

Obama: Keynesian Economics or Cloward-Piven Strategy

The Main Stream Media and Liberal defense of Obama’s Economic Policy has been that he is using “Keynesian Economics” to stabilize our economy and to give him time. Well it’s time to look at Keynesian Economics and see if it matches. According to BusinessDictionary.com Keynesian Economics is: ..the assertion that the aggregate demand created by… Read More »

China Seeing Record Inflation After Too Much Stimulus – Familiar?

A Bloomberg.com article stated that even a government-run economy can go awry when it pumps too much liquidity into the market under the guise of “stimulus”. “China’s banking regulator plans to review debt levels at some real-estate developers on concern the companies’ borrowings are fueling excessive gains in property prices..” More the concern is what… Read More »

Mortgage Bubble Started Crisis, Isn’t Getting Better

Last year the economy crashed. Now, the stimulus has stimulated, the Federal Reserve has eased, Geihtner has.. well done whatever he does, and Obama has spoken (certainly that should have fixed everything). So how did we hit 9.8% unemployment since the stimulus was an emergency action that would keep unemployment from going over 8%, pumping massive amounts of liquidity into the economy should have loosened credit, little Timmy G. and Obama bought GM, AIG and Chrysler and they helped everyone buy a new car that wanted one? It must be that G.W. Bush must still be affecting the economy from his ranch in Texas…