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September 29, 2008
Politicos and talking heads in the financial media backing the bailout of the financial services industry argue that the government stands to make money on the rescue plan proposed by Treasury Secretary Henry Paulson. But according to a new…
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September 29, 2008
One-third of Americans think it is time to whip up some shoe leather soup and hum “Brother Can You Spare a Dime?,” according to the Sept. 29 USA Today.
According to a front-page Business section article headlined “Americans gloomier, for…
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September 26, 2008
It’s been raised as a possibility and was even dismissed by former President Bill Clinton, however Senate Majority Whip Richard Durbin, D-Ill., said former Federal Reserve Chairman Alan Greenspan is partially at fault for the current economic…
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September 24, 2008
Now that Congress has a proposal before them to bail out beleaguered investment banks in the wake of the subprime mortgage fallout, there is one way to pump liquidity into the markets almost no one is talking about – cutting the financial…
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September 23, 2008
No need to decide on your own; “NBC Nightly News” has already determined which presidential candidate has the best tax policy.
The Sept. 22 broadcast offered in-depth analysis of the two presidential candidates’ tax proposals. But…
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September 18, 2008
Leave it to ABC to air extreme examples of financial concern to cast doubt on optimism amid troubling financial news.
While conservative economists have criticized the trend of government bailouts for troubled financial institutions –…
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September 17, 2008
The federal government’s intervention and prevention of the collapse of American International Group (AIG) represents an acceptance of Marxist philosophies, according to some CNBC analysts.
“They never made the real calls, they never made…
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September 25, 2008
In the era of globalization, where the economies of the world aren’t confined by international boundaries, socialism shouldn’t be either – according to CNBC “Mad Money” host Jim Cramer.
Reports have surfaced that the Federal Reserve is…
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September 16, 2008
After Lehman Brothers filed for bankruptcy protection and Bank of America absorbed Merrill Lynch September 15, the knee-jerk reaction has been to call for more government regulation. But, according to CNBC’s Maria Bartiromo, regulation is the…
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September 15, 2008
It may not seem like a U.S. banking crisis could produce many winners, but it has according to CNBC.
Washington correspondent John Harwood appeared on CNBC’s “Squawk Box” September 15 – the day Lehman Brothers (NYSE:LEH) failed and Merrill…
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