financial crisis

Should Obama change his economic strategy? When the shadow of a tree is bent, straighten the tree, not the shadow

Should Obama change his economic strategy? When the shadow of a tree is bent, straighten the tree, not the shadow

The American economy and the Democrats are like a man and his shadow. Despite a euphoric three days at the Democratic convention, the news that the US economy added fewer jobs than expected in August brought the Democrats back to reality. While I agree that fewer jobs added is better than jobs lost, the economy is […]

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Liberals have expected more than Obama can give: The smaller the lizard, the greater the hope of becoming a crocodile

Filed in Current affairs, Economy, financial crisis, Politics by on July 9, 2011 0 Comments
Liberals have expected more than Obama can give: The smaller the lizard, the greater the hope of becoming a crocodile

If there is someone who has not been sleeping well the last two years, it is President Obama. The latest unemployment report for the month of June is not good. For sure, this is a nightmare for President Obama and the Democrats. If things do not improve by the next presidential election, President Obama will […]

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What is the point of the US being the number one economy, yet strangled by debt? Better to be a free dog than a caged lion

Filed in Current affairs, Economy, financial crisis by on July 6, 2011 0 Comments
What is the point of the US being the number one economy, yet strangled  by debt? Better to be a free dog than a caged lion

Watching the debt ceiling negotiations between the Democrats and Republicans in Washington is agony. The lack of compromise between both parties is a reflection of the decline of the US. The fall of the giant super power is especially obvious while many countries around the world are rising. Imagine if the US government is forced […]

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President Obama losing his supporters over economy: The ruin of a nation begins in the homes of its people

Filed in Business, Current affairs, Economy, financial crisis by on March 16, 2011 1 Comment
President Obama losing his supporters over economy: The ruin of a nation begins in the homes of its people

President Obama’s approval rate went down from 55% to 50% according to the latest CNN polls. The president is losing the support of independent voters and low income men. Slowly but surely, hope is transforming to disillusionment. While we all agree that the economy is hitting him badly, the president seems surprised by the reality of the presidency, shocked by the […]

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Matter of time before US loses super power status: The lion’s power lies in our fear of him

Filed in Current affairs, Economy, financial crisis, foreign affairs by on February 11, 2011 1 Comment
Matter of time before US loses super power status: The lion’s power lies in our fear of him

The IMF (International Monetary Fund) has called for a dollar alternative as the world’s reserve currency. That move symbolizes the decline of US power and influence in the world. Like an old lion, the US scares with its name, not by its power, anymore. The rising of China scares many in the US. But the truth […]

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Goldman Sachs Execs Not Guilty: Salt doesn’t say it’s salty.

Filed in Current affairs, Economy, financial crisis by on April 28, 2010 0 Comments
Goldman Sachs Execs Not Guilty: Salt doesn’t say it’s salty.

Want to see the faces of evil and greed? Watch the former and current Goldman Sachs executives being grilled by the US Senate Permanent Subcommittee on Investigations.  The executives were asked to explain how they packaged complex mortgage-backed securities and sold them to investors, knowing that the housing market was about to collapse. That was fraud. What […]

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Bank Bailout and Reforms: If you close your eyes to facts, you will learn through accidents.

Filed in Current affairs, Economy, financial crisis by on April 23, 2010 1 Comment
Bank Bailout and Reforms: If you close your eyes to facts, you will learn through accidents.

Americans are still very divided over the bailout of banks and automobile companies. Even economists are divided over the effects of that massive bailout. The best way that the American people can see that their government is in their side is for it to reform the financial sector. Sometimes Americans do not like to hear or […]

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Evening promises are like butter: morning comes, and it’s all melted.

Filed in Current affairs, financial crisis by on April 3, 2009 0 Comments
Evening promises are like butter: morning comes, and it’s all melted.

The G20 leaders summit on the world economy held in London just ended. The G20 countries, which represent about 85 percent of the global economy, pledged no new stimulus spending but they agreed to commit billions to world trade and International Monetary Fund. I am skeptical about all these promises. The poor countries were not […]

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A deaf man may not have heard the thunder but he surely will see the rain.

Filed in Current affairs, Economy, financial crisis by on April 1, 2009 0 Comments
A deaf man may not have heard the thunder but he surely will see the rain.

Sometimes, heroes are not recognized because they work in the shadows. I’m referring to Tim Geithner, responsible for fixing the financial sector, the engine for the economic recovery. Obama‘s approval rating should be credited to this man who was unjustly targeted by the GOP, calling for him to resign from his job. Tim Geithner didn’t […]

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A man without money is like a bow without arrows.

Filed in Economy, financial crisis, Science, Strange stuff by on March 22, 2009 0 Comments
A man without money is like a bow without arrows.

Doctors around the US are reporting a sharp increase in the number of vasectomies. Definitely with the economy down, families across the country are taking drastic resolutions to spend less. The desire to have less children is due to how expensive childcare and health care are. This economic situation explains how finances determine reproduction (number […]

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