It’s not Capitalism its a pyramid scheme. September 30, 2008

The economy has been a complex pyramid scheme for some time now.
Let get back to the basics to save this country.

Banks call loans early to try and boost cash reserves. September 30, 2008

Banks have been calling loans early, at the first 31 days late moment, to try and flip and cash out their equity. Despite the fact that this leads to losses in the long term it boosts the cash reserves. Rather than waiting 15-30 years as the borrower pays back the loan and interest they are [...]

Bailout plan Fails to pass, Markets Plunge September 30, 2008

The bailout plan failed to pass the house. Despite claiming the plan would pass, House Republicans didn’t back the bill. Many Democrats didn’t back the bill either. While Senator McCain took credit for joining the parties and rescuing the bill, the bill didn’t pass. So he rescued, I’m not sure.
The credit crunch continues. Maybe we [...]

Paulson worked for President Nixon so did Cheney September 23, 2008

Treasury Secretary Henry Paulson worked for President Nixon. Dick Cheney worked for President Nixon.
Treasurer Paulson is asking for autonomy in has provided a 3 page plan to spend up to 1 trillion of our tax dollars with no accountability.
3 page plan, in your face autonomy, ties to Nixon, errr, Cheney, not sure about you but [...]

Sarah Palin brags of D in Economics Class (macro) September 19, 2008

During her campaign for Governor of Alaska Sarah Palin bragged about 
getting a D in her economics class. Since we are in the worst economic times
since the combo of WW II and the Great Depression it is nice to see Senator McCain put country first with a D Economics student on board a heart beat away [...]