Bailout discontent takes to the streets
Can We Bail Out the Bailouts?
Congress looking at power to seize big firms
In new dilemma, banks cite two paths to disaster
As Dollar Loses Value, Oil Rises Above $50
Citigroup names new chief financial officer
Peter Schiff: The Mother Of All Bells
Oil Slips as Traders Reasses Outlook
Xerox dims first quarter outlook
BofA linked to Merrill writedowns
Is Credit Protection Worth The Cost?
How To Avoid Tempting The Tax Auditor
Who Chooses Your Home Appraiser?
Mortgage Rates at Record Lows: Time to Refinance?
Americans fear home price drop accelerating
Are Layoffs Looming at Your Company?
Bright Spots on the Foreclosure Front?
Wall Street little changed as banks offset tech rise
Fed-Ex profits fall 75% as sales slide
Bernanke tries to soothe small banks' bailout anger
Citigroup CFO to run troubled bank unit
Federal Reserve Taking the Short View
A Lot More Job Bias Lawsuits Are on the Way
Why You Need a Roth IRA
Dow Watch: GE, Bank of America Drop
Disney Store is Gold
Readers' Picks: TheStreet.com's Top 10
18 March 2009
The Economic Stimulus Package As Seen In Australia
An Australian explains the stimulus payment
It seems to work the same way in this hemisphere, too.
Important Information on the Stimulus Payment. This year, taxpayers will receive an Economic Stimulus Payment.This is a very exciting new program that I will explain using the Q and A format:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to Taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.
Q. But isn't that stimulating the economy of China?
A. Shut up.
_____________________________________________
Below is some helpful advice on how to best help the Economy by spending your stimulus check wisely:
If you spend that money at K-Mart, all the money will go to China.
If you spend it on petrol it will go to the Arabs.
If you purchase a computer it will go to India.
If you purchase fruit and vegetables it will go to South East Asia or New Zealand.
If you buy a car it will go to Japan.
If you purchase useless crap it will go to Taiwan.
And none of it will help the economy.We need to keep that money here. You can keep the money here by spending it at garage sales, going to a football game, or spending it on prostitutes, beer or tattoos, since those are the only businesses still here.
It seems to work the same way in this hemisphere, too.
Important Information on the Stimulus Payment. This year, taxpayers will receive an Economic Stimulus Payment.This is a very exciting new program that I will explain using the Q and A format:
Q. What is an Economic Stimulus Payment?
A. It is money that the federal government will send to Taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. The plan is that you will use the money to purchase a high-definition TV set, thus stimulating the economy.
Q. But isn't that stimulating the economy of China?
A. Shut up.
_____________________________________________
Below is some helpful advice on how to best help the Economy by spending your stimulus check wisely:
If you spend that money at K-Mart, all the money will go to China.
If you spend it on petrol it will go to the Arabs.
If you purchase a computer it will go to India.
If you purchase fruit and vegetables it will go to South East Asia or New Zealand.
If you buy a car it will go to Japan.
If you purchase useless crap it will go to Taiwan.
And none of it will help the economy.We need to keep that money here. You can keep the money here by spending it at garage sales, going to a football game, or spending it on prostitutes, beer or tattoos, since those are the only businesses still here.
13 March 2009
Jon 'Stewart Wins His Match Against Jim Cramer In "Brawl Street" On The Daily Show
Jon Stewart humbles Jim Cramer on "The Daily Show" last night. Stewart threw hardball questions at Cramer which made Cramer blush, sputter and fizzle out with his answers. Stewart indicts CNBC, and mainstream business news for that matter, for not "investigating" stories they are on, but simply regurgitating anything the crooks on Wall Street tell them.
Jon Stewart, in my opinion, is now the newly anointed Walter Cronkite. I trust Stewart to ask any uncomfortable questions which normal Americans want to ask so called experts and leaders, and he asks them with such honesty and intelligence, that he constantly exposes the hucksters, scammers and shallow thinkers time and again for the nation to see.
The Daily Show and Stephen Colbert's show are the place to go to hear questions asked which should be asked by ABC, CBS, NBC, CNN and Fox. That Stewart is armed with brains and an excellent backroom of video editors and producers, allows him to hang guilty Masters of the Universe on their own petards, time and again.
Enjoy this interview. Especially interesting is how Stewart uses snips from the same video clip I posted yesterday of Jim Cramer. Serendipity at play here . . .
Stewart's Intro:
Part 1
Part 2
Part 3
Jon Stewart, in my opinion, is now the newly anointed Walter Cronkite. I trust Stewart to ask any uncomfortable questions which normal Americans want to ask so called experts and leaders, and he asks them with such honesty and intelligence, that he constantly exposes the hucksters, scammers and shallow thinkers time and again for the nation to see.
The Daily Show and Stephen Colbert's show are the place to go to hear questions asked which should be asked by ABC, CBS, NBC, CNN and Fox. That Stewart is armed with brains and an excellent backroom of video editors and producers, allows him to hang guilty Masters of the Universe on their own petards, time and again.
Enjoy this interview. Especially interesting is how Stewart uses snips from the same video clip I posted yesterday of Jim Cramer. Serendipity at play here . . .
Stewart's Intro:
Part 1
Part 2
Part 3
12 March 2009
11 March 2009
10 March 2009
March 11, 2009 - Wednesday - Business/Economic News
Obama will sign $410-billion spending bill
Economists Warn: One Million Fewer Jobs?
Lawmakers Weigh Need for Second Stimulus to Spur Job Growth
U.S. "in a deep mess" but we will fix it: Geithner
Fed will take away the punch bowl next time
Bernanke Proposes Less Restrictive Rules for Money Funds
Lawyer: Madoff to plead guilty, faces 150 years
SEC May Weigh Reviving Uptick Rule to Bolster Markets
Atlantic City casinos report biggest revenue decline
Oil Falls on Speculation U.S. Supplies Gained, Demand Declined
Fleetwood Enterprises, RV Maker, Seeks Bankruptcy
Maytag Recalls About 1.6 Million Refrigerators Due To Fire Hazard
Hovnanian Loss Widens as Buyers Wait for Lower Prices
Blackstone’s CEO: 'Keep away' from real estate
Kodak, MGM Mirage Among Firms at Highest Default Risk
More government control may bump GM, Citi from Dow
Dow ends up nearly 380 on Citigroup profit news
Powerful Rally Shakes Stocks Out of Slump: Citigroup, GM, GE Power DJIA; Nasdaq Leaps 7.1%
Economists Warn: One Million Fewer Jobs?
Lawmakers Weigh Need for Second Stimulus to Spur Job Growth
U.S. "in a deep mess" but we will fix it: Geithner
Fed will take away the punch bowl next time
Bernanke Proposes Less Restrictive Rules for Money Funds
Lawyer: Madoff to plead guilty, faces 150 years
SEC May Weigh Reviving Uptick Rule to Bolster Markets
Atlantic City casinos report biggest revenue decline
Oil Falls on Speculation U.S. Supplies Gained, Demand Declined
Fleetwood Enterprises, RV Maker, Seeks Bankruptcy
Maytag Recalls About 1.6 Million Refrigerators Due To Fire Hazard
Hovnanian Loss Widens as Buyers Wait for Lower Prices
Blackstone’s CEO: 'Keep away' from real estate
Kodak, MGM Mirage Among Firms at Highest Default Risk
More government control may bump GM, Citi from Dow
Dow ends up nearly 380 on Citigroup profit news
Powerful Rally Shakes Stocks Out of Slump: Citigroup, GM, GE Power DJIA; Nasdaq Leaps 7.1%
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