Category Archives: bailout

USA Debt Rating Downgrade to AA+ is from our failure to cut defense and entitlements


S&P’s decision to downgrade the US debt rating from AAA to AA+ is very unwelcome news but it should not surprise anybody, especially in Washington where neither party has been willing to tackle the deficit or the debt in a … Continue reading

Posted in bailout, china, Debt and Deficit, Democrats, Founders Party, Globalization, india, investments, military, Politics, Poverty and Development, Republicans, US History | Tagged , , , , , , , | 1 Comment

Obama’s ONE mistake may be his ONLY mistake, but it’s still a BIG mistake.


How is Obama doing?   I remain a big fan of how Obama has approached international diplomacy, basically speaking softly without putting down the carrots and big stick that America probably needs to wield to avoid international meltdowns.   (We … Continue reading

Posted in bailout, Globalization | Tagged , , , | 106 Comments

David Brooks on Different Economic Points of View


David Brooks of the New York Times is one of my very  favorite thinkers – he’s a calm and intellectual conservative who manages to maintain a great deal of respect for the reality of the sweeping political changes before us, … Continue reading

Posted in bailout, charlie rose, Globalization, obama, US History | Tagged , , , | 2 Comments

Mr. President: This budget won’t work.


I remain a fan of President Obama but it has been painful to watch him and congress move to adopt the most reckless example of massive and excessive government spending since the founding of our remarkable American experiment.    The founders … Continue reading

Posted in bailout, Globalization, health, obama, stocks | Tagged , , , | 102 Comments

Economy: Are we there yet? Yes, we are. The Jim Cramer $25,000 Challenge


Update:  Thursday saw a big DOW drop of about 300 where Friday was up a bit so I continue to think we are near the bottom unless we see some strong indications that the stimulus will fail.    I think … Continue reading

Posted in bailout, Deutsch, Donny Deutsch, Globalization, joe the plumber, news, obama, Politics | Tagged , , , , , , , , | 51 Comments

Tracking TARP Bailout Money … not!


Nobody has nearly enough information to know with any degree of certainty if Bush’s massive 700 billion bailout and Obama’s approximately 800 billion dollar  stimulous packages are going to help or hurt us in the long term.  Clearly in the … Continue reading

Posted in bailout, Politics | Tagged , , | 58 Comments

Robert Rubin on Zakaria GPS


Today on Zakaria GPS we have Robert Rubin, Citibank and Wall Street megamoneymeister and Clinton’s Secretary of the Treasury. Rubin is always one of the most impressive observers of the economy, and distinguished as one of the few Secty’s of … Continue reading

Posted in bailout, joe the plumber, news, personal, Politics, Venture Capital | Tagged , , , , | 5 Comments

Newsweek’s Zakaria on the Economy


Fareed Zakaria, one of the best observers of the global landscape, suggests that if we curb some of our bad borrowing and spending habits we may emerge better and stronger from the current fiscal crisis: If we wanted a bigger … Continue reading

Posted in bailout, investments, news | Tagged , , | 7 Comments

George Soros on Zakaria GPS


Hedge fund manager George Soros is one of the world’s richest and most successful market watchers (and market manipulators?). Zakaria reports that Soros’ recent plays have netted him over 2 billion. He’s very controversial for his political views though my … Continue reading

Posted in bailout, investments, news, stocks, Venture Capital | Tagged , , , | 87 Comments

Sequoia’s Slide Show on the Economy


Sequoia’s Advice to startups has been the subject of speculation for the past few days, but now VentureBeat has posted the actual slide show from a recent major meeting where startups were told to prepare for some seriously bad economic … Continue reading

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