LONG BEACH— President Bush gave his final speech to the United Nations yesterday. Shortly there after the worlds favorite Islamic leader declared
Posts Tagged ‘Ben Bernanke’
The Collapse of the American Empire
Posted in Economy, tagged 700 Billion, American Empire, Bailout, Ben Bernanke, Federal Reserve Chairman, Foreclosure, Mamoud Amadinejad, Marla Omstead, Nancy Pelosi, New Direction Congress, Recession on September 24, 2008 | Leave a Comment »
Is the Big Financial Bailout Just Plain Stupid? All Aboard for a Wild Inflationary Ride!
Posted in Economy, Politics, tagged 700 Billion, AIG, Bailout, Ben Bernanke, Corporate Bailouts, De-Regulation, Deregulation, Fannie Mae, Federal Reserve, Freddie Mac, George Bush, Gulf of Mexico, Henry Paulson, Hurricane, Hurricanes, Inflation, Intervention, Libertarian, Monetary Policy, Oil Prices, OPEC, Regulation, Trillion, US Dollar, US Treasuries, US Treasury on September 23, 2008 | 1 Comment »
LONG BEACH, ATLANTA— The massive corporate bailout brought on by the recent financial market crisis sparked the biggest one-day jump in the history of oil prices, at one point pushing the price of oil up by $25/barrel in yesterday’s trading. Granted, there are other complicating factors in pricing oil these days, including OPEC’s decision to cut production and the hurricanes [...]