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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 AA, debtcut defense budget, deficit, govt spending, military budget, soc sec spending, social security cuts, US budget
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 government spending, military budget, obama, TCOT
106 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 bailout, budget, obama, Politics
100 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 bailout, CNBC, dow, economy, jim cramer, nasdaq, s&p, stimulus, tarp
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
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 bailout, CNN, rubin, treasury, zakaria gps
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
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 CNN, GPS, soros, zakaria
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
Posted in bailout, investments, not yet categorized, stocks
Tagged bail out, bailout
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