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Daily Archives: January 25, 2009

Empire_2

If A Better TARP Will Not Do, Build A Bigger One

The second and last $350 billion of TARP funding is not in the hands or the new Treasury Secretary and the $825 billion stimulus package may not leave the hands ...
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Water_lilies

Buy Land, They Ain’t Making Any More Of It

Mark Twain and Will Rogers shared a sentiment. As Twain said, “Buy land, they're not making it anymore”.It would have been interesting to ask each man what he thought about ...
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Winter_2

GDP Will Drop By More Than 7% In The Second Half

Bloomberg's poll of economists shows that the experts think US GDP contracted 5.5% in the fourth quarter. A drop of that magnitude would be the greatest since 1982, a year ...
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Sunset

California Dreaming

Arnold Schwarzenegger may believe that he would be sitting in Barak Obama's chair in the Oval Office if only he had been born a US citizen. Instead he runs California, ...
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Winter

The Picture Of China’s Economy Almost Certainly Wrong

When China's Lazarus, Deng Xiaoping, finally became the absolute leader of the world's most populated nation in 1978, the country began its evolution from being an evil empire to becoming ...
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Old_car

US Car Companies Get Arrogant

Barely a month after begging for money in Washington, the US auto companies are talking about what a fine job they are doing preparing for a profitable future.Their predictions are ...
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