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Posts Tagged ‘Great Depression’

ATLANTA – Martin Hennecke, a senior manager of private clients at Tyche, suggests the United States may just lose its AAA Credit Rating as a result of the recent bailout madness. 

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ATLANTA – Thrusting belligerent lies into otherwise low-key congressional races, the Democratic National Convention is stumbling all over itself to fulfill its lusty ambition of

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UPDATE (21 November 2008): This missive has been updated from its original publishing. The chart in this missive has been replaced with three more up-to-date charts reflecting current polling figures and market values. (Click here for more information on post election markets) LONG BEACH/ATLANTA— The current stock market unrest reflects a pervasive fear of the future in the US [...]

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ATLANTA – The news has broken today- Collin Powell has finally endorsed Barack Obama.  Calling the possibility of an African-American president “electrifying” and highlighting what he perceives to be a major gap between the two candidates in terms of judgment and vision for our country, Mr. Powell has sided with Barack Obama. For many pundits, [...]

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ATLANTA— What a wild ride the past two or three weeks have been! We’ve seen the collapse of AIG, Lehman Brothers, Washington Mutual, and Wachovia, among others. The stock market has crashed and swung all over the place. Many people are talking about the downfall and collapse of the US economy and fears of a [...]

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Our entire economy is in danger” —George W. Bush, September 24, 2008 ATLANTA— Will Mr. Bush’s speech tonight help or hurt the economy?   To stand publicly as the leader of our nation in front of millions of viewers and declare that the entire economy is in danger of potential collapse is a very delicate and [...]

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If [the bailout] doesn’t pass, then heaven help us all” —Henry Paulson, United States Treasurer. ATLANTA— I am now becoming increasingly afraid that we are walking over a gigantic cliff in US economic history.   We are on the verge of passing massive legislation to socialize the losses of Wall Street banks and financial institutions. The [...]

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