Tag: WALL STREET

Layoffs, Layoffs Everywhere You Look There Are Layoffs

The competition for jobs in the United States is absolutely brutal right now, and it is about to get worse.  A new wave of layoffs is sweeping across America.  During tough economic times, Wall Street favors companies that are able to cut costs, and the fastest way to “cut costs” is to eliminate employees.  After […]

More Treachery at the Fed?

The recovery has stalled and the Fed can’t decide whether we’ve just hit a “soft patch” or if it’s something more serious. If it is more serious, then the Fed will need a contingency plan for kick-starting the economy. So, …

How a $13 Trillion Cover Story was Written

Free money creation to bail out America’s elite financial speculators, but not for Social Security or Medicare
Only the “Crazies” Get the Bank Giveaway Right

Financial crashes were well understood for a hundred years after they became a normal financial phenomenon in …

How a $13 Trillion Cover Story was Written (part 2)

Continued from Part 1
The missed opportunity
When Lehman Brothers filed for bankruptcy on September 15, 2008, the presidential campaign between Barack Obama and John McCain was peaking toward Election Day on November 4. Voters told pollsters that the economy was their …