money market interest rates history
Paulson is the biggest theft in American history?
Assets that are http://news.yahoo.com/s/politico/20080921/pl_politico/13689 alleged misconduct, that these private companies say they can not find a way to price is expected to be purchased by taxpayers. These are the same products used to hedge funds (ie, leverage) to make your money on paper. They want taxpayers to ensure profits of paper money … and then when it is actually tied to a commodity … let the taxpayer get the difference. That sounds like a contract you want? It would be much better for the government just taking up all the properties entering foreclosure. Then, people can continue living in their house and pay the government under new conditions (eg 40 years, the interest rate of 0 – is better to perform better than nothing). Or, if they get away with at least the government real property may be sold at market price. Thus, taxpayers would not bail out these companies who wanted to fund these risky loans.
Yes certainly. The immediate line-up of the two parties and the media after bailout for Wall Street is in sharp contrast with the indifference and inaction regarding the plight of millions of working people of America, facing a rising tide of foreclosures and layoffs the sinking living standards. When it comes to meeting the social needs of the people, the universal cry of American companies and the two parties is, "No money" but when the fate of the financial elite are threatened, all power and unlimited resources are estimated at about notice a moment. There was no indication in the statements of Bush and Paulson relief for anything from the working class to end executions mortgage, or help those who have already lost their homes. Instead, hundreds of billions and billions of dollars more likely in public funds will be used to consolidate banks. The result of the failure of government used to justify a brutal assault on what remains of social programs, including Medicaid, Medicare and Social Security and demand even greater financial "sacrifices" from workers if the next administration is headed by Obama or McCain. Nothing could demonstrate more clearly that behind the facade of American democracy is a dictatorship of big business. Http: / / www.wsws.org/articles/2008/sep2008/econ-s20.shtml
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The Great Inflation and Its Aftermath: The Past and Future of American Affluence
$0.69 A new look at money and America.... |
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GREENSPAN'S BUBBLES: THE AGE OF IGNORANCE AT THE FEDERAL RESERVE
$3.50 No matter who you are-investor, trader, homeowner, 401(k) holder, or CEO-you are bound to feel the impact of Alan Greenspan's “Age of Ignorance” for years to come. According to MSN Money columnist William A. Fleckenstein, Greenspan's nearly 19-year career as Federal Reserve Chairman is even worse than anyone imagined. Labeled “Mr. Bubble” by the New York Times, Greenspan was nothing less t... |
