Recovery ....

[FOTD]

Matt Taibbi Rolling Stone Article: "The Great American Bubble Machine. How Goldman Sachs has engineered every major market manipulation since the Great Depression."  A lengthy article, but a must-read. This should be on the cover of the NYT, not in RollingStone. Sadly, the Obama administration is in the pocket of Goldman Sachs.


http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine

Recovery will take many moons.....

[guido911]

is our biggest threat....

Matt Taibbi Rolling Stone Article: "The Great American Bubble Machine. How Goldman Sachs has engineered every major market manipulation since the Great Depression."  A lengthy article, but a must-read. This should be on the cover of the NYT, not in RollingStone. Sadly, the Obama administration is in the pocket of Goldman Sachs.


http://www.rollingstone.com/politics/story/28816321/the_great_american_bubble_machine

Well if that hard hitting news source Rolling Stone says so, well that ends it.

Research tools at Rolling Stone?

[Cherish]

Well if that hard hitting news source Rolling Stone says so, well that ends it.

Research tools at Rolling Stone?

LOL

Duuuude...can I hit this bong?  I got like...an article to write...for rolling stone...yea freelance man...How do you think I get the funds to buy this KB...

[waterboy]

I've read some very well written, well sourced articles online from them. You folks are funny, but to criticize the medium makes you look less than sophisticated (if you're in fact serious). Writers in Playboy, Esquire, Rolling Stone etc. are often married, middle aged professional men and women who couldn't care less about the pictorials, fashion or the hippie lifestyle that started those publications.

[guido911]

I've read some very well written, well sourced articles online from them. You folks are funny, but to criticize the medium makes you look less than sophisticated (if you're in fact serious). Writers in Playboy, Esquire, Rolling Stone etc. are often married, middle aged professional men and women who couldn't care less about the pictorials, fashion or the hippie lifestyle that started those publications.

Something like this gem from Taibbi, eh waterboy?

http://www.nypress.com/article-11215-the-52-funniest-things-about-the-upcoming-death-of-the-pope.html

[waterboy]

Pick your medium. Pick your publication or network. They all produce both gems and fertilizer.

[sauerkraut]

On the subject of unemployment, things won't get better with Obama & the democrats pushing "cap & Trade" thru. No business will want to expand or hire people, most will want to close up shop  and go overseas to escape the high costs of cap & trade and the high taxes and regulations in the USA. To help make jobs in the USA we need cut taxes for everyone and cut cap. gain taxes, cut regulations and encourage companies to move here. In China car sales are up 14% But in the USA car sales are still way down. China is lifting regulations and making it more & more easy for companies to do business there. The USA is doing a 180 degree flip from that and making it harder for companies to do business here.

[FOTD]

On the subject of unemployment, things won't get better with Obama & the democrats pushing "cap & Trade" thru. No business will want to expand or hire people, most will want to close up shop  and go overseas to escape the high costs of cap & trade and the high taxes and regulations in the USA. To help make jobs in the USA we need cut taxes for everyone and cut cap. gain taxes, cut regulations and encourage companies to move here. In China car sales are up 14% But in the USA car sales are still way down. China is lifting regulations and making it more & more easy for companies to do business there. The USA is doing a 180 degree flip from that and making it harder for companies to do business here.

Will that save Calif. or Illinoise?

The repiglican crapheads got us here with that garbage. Try thinking new.....lower our dollar and become an export nation....give incentives to save....reinflate the economy....FIX HEALTH CARE....come on Sourpuss. Think.

[cannon_fodder]

On the car sales front:

More subsidies to the automakers to encourage sales are not the answer.  That goes for direct $$$ or for programs in other ways paying for cars.  Yes, that includes paying people to turn in their SUVs for more fuel efficient cares (which does more environmental damage than help).

Same goes for every other industry.  Government paying some people to consume more is not a solution, it is a feeble attempt to re-inflate a non-sustainable bubble by buying crap they don't need with money they don't have that's borrowed from a government that can't afford to loan it.  Argh.

[FOTD]

[Obama] Administration plans for end of 'too big to fail'
Source: MSNBC

They are the biggest of the big — the Citigroups, the Goldman Sachses, the AIGs and other financial behemoths. The Obama administration doesn't want so many around anymore. Financial regulations proposed by the president would result in leaner and simpler institutions that don't carry the weight of the system on their marble columns.

Around Washington and Wall Street they have come to be known as TBTF — too big to fail. It's not just size, though. These companies are so far-flung, so intertwined and so precariously leveraged that a single one's collapse can create systemwide tremors that imperil the finances of millions of Americans.

http://www.msnbc.msn.com/id/31711461/ns/business-s tocks_and_economy


This sounds like a step in the right direction. Albeit it's closing the barn door after the horse escaped. But the Busheviks opened the door to begin with....this "recovery" will take time.

[nathanm]

turn in their SUVs for more fuel efficient cares (which does more environmental damage than help).

That entirely depends on the time horizon of your calculations, how much of the old vehicle is recycled, and how long the new one lasts.

[Conan71]

Every time I see this topic title I keep thinking it's about FOTD's schwantz.

[FOTD]

Every time I see this topic title I keep thinking it's about FOTD's schwantz.

Yes. It's always recovering!