Tuesday, April 08, 2008

More economic issues

Batten Down The Hatches: This is the Big One

By Ashley Seager

"Whole cities of pain. A continent of pain," said the great, if eccentric, Wall Street money dealer Jim Cramer recently. He was talking about the economic pain spreading across the United States, of course. Continue



Tax Policy Favors Investors Over Wage Earners

By Gerald E. Scorse

“Investors” do not grow jobs (except in the financial sector). The seed money that nourishes start-ups and expansions comes from a tiny subset of real investors; the rest of us merely place our bets at the tables down on Wall Street. Continue

George Soros: The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means

Home Prices Fall in 21 U.S. Cities Amid Foreclosures: The median price of an existing single-family home dropped 8.7 percent in February from a year earlier, the most in four decades of record keeping, the Chicago-based National Association of Realtors said in a March 24 report.

Oil Hits $107 While Gold Rises

King Of The Financial Thieves

Brokerages Borrowing $38B A DAY From Fed

Brown - World Faces First Global Financial Crisis

Investment Firms Tap Fed For Billions

UK House Prices 'Will Crash Soon'

Fed Pres Yellen - US Economy 'All But Stalled'

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