Finance & Economy
Obama Chides Banks Into Aiding In Recovery
President Obama’s new plan is to scold the banks into being something more than money-making machines. After meeting with executive from Bank of America, Wells Fargo and JP Morgan Chase, et al, Obama said that the banks have an obligation to help accelerate the U.S. economic recovery.
President Obama’s new plan is to guilt the bank [...]
Oh Joy, Unemployment Above 10%!
Worry not my fellow Americans; the government is on top of things. Those of us educated in the perfectly predictable science of economics know that the government is on top of things and will curb unemployment when the time is just right. They have good reason for doing the things that they do; for example, [...]
Bank Executives Hoarding Cash? You Don’t Say!
No matter what your complaint is with President Obama, you have to admit that he has stood fast against making empty gestures to assuage the American public’s anger with the bailouts and the fact that a lot of taxpayer money has gone to line the pockets of big (failing) company executives.
“I’ve always believed that our [...]
Too Small To Fail
Oddly enough pumping billions of (printed) dollars into failing companies didn’t do what everyone had hoped. The companies which were too big to fail are still not producing the kinds of jobs analysts and experts anticipated. Lending is still sluggish, and the economy is not showing any signs of real recovery.
“Over the past decade and [...]
Guessing Game Results In Big Numbers
As everyone surely knows by now, today the DOW reached the mythical 10,000 point mark, with the latest surge, thanks to the “better-than-expected results from JPMorgan and Intel” (CNNMoney.com).
With this wonderful news at hand, hordes of buyers jumped on the future potential of stock market gains. This new round of speculation is said to be [...]
Useless Advice by the Sarcastic Sage
