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Attend an urban gardening potluck, and avoid the cannibal holocau…
Mark Maynard dotcom | January 4th 2010
Whenever I start to get a little too optimistic about the future, and I want to regain my foothold in the word of dystopian pessimism, I like to check in with author Jim Kunsler. Jim, for those of you who don’t know him, is the author of such b read more
After bankruptcy filing, is Government Motors legally bound to pa…
Bad Credit Debt Management | January 3rd 2010 by Erick
What will happen to the taxpayers money since GM filed for bankruptcy? What is really striking is the bailout never resulted to additional jobs but the opposite as many branches were closed, production of cars are focused more abroad and creditors in read more
2010 Will Be Worse
The Cynical Economist | January 2nd 2010
From American Thinker By Monty Pelerin The year 2010 is likely to be the pivotal year where pundits stop referring to the recession and begin openly talking about a depression. Our economic problem is rather simple to describe: There is too much d read more
Making Home Affordable, has raised false hopes among people who s…
CHESSNOID random noid musings | January 2nd 2010 by CHESSNOID
I just finished reading a New York Times articles about how the government’s efforts to help the housing crisis may actually be making it worse. I think at this point, most people will recognize that the start of this recession was mainly due read more
GOVERNMENT INTELLIGENCE: TREASURY "Annouces Resturcturing&qu…
THE FREEDOM POST | January 1st 2010 by TheCapitalist
GOVERNMENT DOLES OUT $3.8 BILLION TO GMAC, MISSPELLS TWO WORDS IN HEADLINEI kid you not. And just in case someone from the U. S. Treasury comes back and checks their spelling, I've copied and pasted the announcement below (page down). Notice the hea read more
NostraTimus’ Predictions for 2010
BlogOffAndDie | January 1st 2010 by Timo Cerantola
By Tim Cerantola Once again, it’s that time of year when we psychics types waste everybody’s time making bogus predictions for the coming new year. True, I admit I am a little bit challenged in the psychic department (I’m zero for 470) but, if read more
$400 Billion Down the Toilet
The Intellectual Redneck | January 1st 2010
That swirling sound you hear is $400 billion going down the toilet. US Taxpayers are going to lose $400 billion on the bailout of Fannie Mae and Freddie Mac. Exactly what did taxpayers get for this bailout? Dec. 31 (Bloomberg) -- Taxpayer losses from read more
Congratulations American Taxpayer
America, You Asked For It! | January 1st 2010 by John Allison III
You’re now the proud owner of yet another failed corporation! The week between Christmas and New Year’s Day is usually a week when Americans slow down and take some time off. Kids are out of school, many companies are shut down or slowe read more
Bailout Update
Boom2Bust.com | December 31st 2009 by Christopher E. Hill
Bailout, bailout, who’s getting a bailout? From Darryl R. Isherwood on the FOX Business website Wednesday night: The Treasury Department announced late Wednesday it plans a $3.8 billion capital infusion into GMAC, the troubled lender that already h read more
Northern Trust Cuts Entertainment Budget
Boom2Bust.com | December 31st 2009 by Christopher E. Hill
Closer to home, a Chicago-based bank is pursuing a more low-key approach when it comes to entertaining. From Reuters today: Northern Trust, the U.S. financial services company that drew lawmakers’ ire in February for throwing a lavish party aft read more
New IRS Rule Good News for Ailing Companies
IRS Problem Solver Blog | December 31st 2009 by Darrin Mish
Section 382 of the tax code is a long-standing IRS rule that prohibits profitable companies from buying loss-making companies simply to deduct its losses to reduce taxes. But the downturn in the economy has compelled the US government to intervene by read more
Obama and the polls a year later, not looking good
This Week With Barack Obama | December 31st 2009
Again, Barack Obama and his mismanagement of the health care debate is a major reason why his poll numbers are where it is at, along with siding with the continuous bailouts of Wall Street, banks, automotive industry with NO RELIEF for Main Street. read more
The Top 10 Farces of 2009
Bearing Drift - Virginia Politics and Podcasts | December 31st 2009 by J.R.
Okay, let’s get beyond the point that the greatest farce may be Ward’s return to the blogosphere. But let’s take a look at some of the most outrageous stories, stunts and downright shameful events of the past year. #10 Al Franken a read more
Day 44 of 45 Day Challenge: Creativity
Over Fifty Fine and Fancy | December 31st 2009 by Inez Bracy
This is one of the greatest times in our history for being creative. Because of the economy, global warming and much more we are learning to be creative in ways we never thought. Creativity in looking for employment, in keeping our jobs, in purch read more
1.8 Million California Mortgages Underwater. In 2008 100,000 Ren…
Dr. Housing Bubble - How I Learned to Love SoCal and Forget… | December 31st 2009
As we wind the year down the California housing market is entering a new chapter in its bubble saga. 2009 brought many new factors to consider in how the housing correction will play out. One major trend was the growing number of moratoriums. T read more
Bankers Get $4 Trillion Gift From Barney Frank
The Cynical Economist | December 30th 2009
From Bloomberg by David Reilly Dec. 30 (Bloomberg) — To close out 2009, I decided to do something I bet no member of Congress has done — actually read from cover to cover one of the pieces of sweeping legislation bouncing around Capitol read more
2009, year in review.
Simple Debt-Free Finance | December 30th 2009 by Joe
What a year it’s been! As the history books close on 2009, I thought it might be nice to take a look back on the topics that were hot on Simple Debt-Free Finance over the past year. 401(k) Plans. 2009 saw a lot of talk about the future of the 4 read more
American Express Recent Experiences on Credit Card Limit Reductio…
CHESSNOID random noid musings | December 30th 2009 by CHESSNOID
I don’t have any new American Express credit card blog posts but I still get many comments on the old posts. Unfortunately, many of those comments are buried because the posts are so old. It’s funny that based on the comments and freque read more
Citibank and ATT’s Universal Card | Shouldn’t we Boycott?
Rio Guzman's Journal | December 30th 2009 by Rio Guzman
I don't know if when I joined ATT Universal Card they were owned by Citibank; I never saw the name 'Citibank' or their logo in any statement or communication. If I would have known... read more
Another $4 Trillion For The Banks From Barney The Elf
LOLFed | December 30th 2009 by Alyx
Barney Frank did some last minute shopping and picked up the following gifts for the banking industry. These are the visions of sugarplums dancing in the bank’s heads from HR 4173, the 1,279-page “Wall Street Reform and Consumer Protection A read more
Home prices increase for the 5th straight month in October
Helen Oliveri's Weblog | December 30th 2009 by Helen Oliveri
NEW YORK (AP) — Home prices rose for the fifth month in a row in October, but the recovery is shaky with only 11 of the 20 metro areas tracked showing gains. The Standard & Poor’s/Case-Shiller home price index released Tuesday edged up 0. read more
After the Bailouts, Washington’s the Boss
Economic crisis recommendations in USA on the web-site | December 30th 2009 by Nickola
In 2008 and 2009, Washington strove to save the economy. In 2010, Americans will get a clearer picture of how Washington has changed the economy. Only as the recession recedes will it become fully evident how permanently the state’s role has ex read more
Resolution Reflections
Prattle On, Boyo | December 30th 2009 by Peyton Farquhar
I don’t usually bother with New Year resolutions because I don’t need a grandiose event to resolve to change something in my life. However, if I am pressed to provide one in order to fit in with the rest of Facebook society, then my resolution i read more
Bailouts for Everyone, Forever
The Variable Annuity Blog | December 29th 2009 by scott demonte
GMAC is apparently close to yet another $3.5B in additional aid from the government. This is on top of the original $12B the firm already received the first go around. Of course, the government will insist that this ‘investment’ will be profitabl read more
Just Say “NO!” and Walk Away…
The Cynical Economist | December 29th 2009
It seems now days, that no one feels obligated to fulfill the terms and responsibilities of a contract of any kind. Consider the article - Chinese firm says won’t pay Goldman on options losses. A small Chinese power generator on Tuesday reje read more
A Retrospective
A Voice For Moms | December 29th 2009 by Melodye Aben
I have to say that I have missed blogging more than I imagined. It seems daily that anything and everything seems to occur as I sit down to type up a blog, certainly there has been no lack of... [[ This is a content summary only. Visit my website f read more
The whole article as always from John Galt is superb, but just a…
Investment-blog.net: Emerging Markets - Stock Tips - Discuss… | December 29th 2009 by Jan Paul
“Foreigners Send a Message: Your Debt Instruments Suck ” ~~SNIP~~ We’ve now witnessed an almost 0.30% move in less that two weeks. What do the foreigners know that the Bubbleconomists will not admit? Perhaps it is a complete and total d read more
I will be all cash, and gold, no later than the Ides of January…
Investment-blog.net: Emerging Markets - Stock Tips - Discuss… | December 29th 2009 by Jan Paul
Robert ReichFormer Secretary of Labor, Professor at Berkeley Posted: December 28, 2009 11:01 AM In September 2008, as the worst of the financial crisis engulfed Wall Street, George W. Bush issued a warning: “This sucker could go down.” Ar read more
Reinflating the housing bubble—Fixing nothing–kicking the can…
Investment-blog.net: Emerging Markets - Stock Tips - Discuss… | December 29th 2009 by Jan Paul
Has President Obama learned nothing from the collapse of Fannie Mae and Freddie Mac, the government-guaranteed mortgage giants? Has he learned nothing from the broader collapse of the housing market, caused in large part by the rotten mortgage securi read more
Big Brother Is Here, and He's Retarded
Wall Street Oasis | December 29th 2009 by Patrick
There is an old saying that goes something along the lines of, "Better the devil you know than the devil you don't". At the risk of mixing metaphors, Wall Street is about to find out the consequences of choosing the devil we knew over the devil of o read more
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