President Obama Lectures Wall Street. My Lecture on Symbolic Expression.
President Obama’s statements at a press conference yesterday lecturing Wall Street does not help the economic crisis. By chastising bank executives for their billions of dollars in bonuses they paid themselves only months after the federal bailout, however, Obama points out to America how out of touch Wall Street is with the rest of the [...]
Jim Cramer’s MAD MONEY: A Defense.
Jim Cramer, the host of the stock trading television show Mad Money on CNBC, has received a lot of unfair attacks during this economic crisis. I first started watching Mad Money a couple of years ago as a guilty pleasure. With Cramer’s myriad sound effects, turbo charged segments—like the famous “Lightning Round” in which callers [...]
Economy Tanking: Ominous Signs Spell Need For Hope.
The Economy is Tanking.
The economy is tanking. The signs are clear that our financial system, our manufacturing, our gross domestic product, and our consumer spending is on life support. Each time it seems that things cannot get worse, things get worse. Wall Street journalists have been using the phrase, “It’s always darkest before the dawn” [...]
THE BLAME GAME. A List of Economic Outrages
People always become experts about the economy after disaster strikes. The most irritating catchphrase is: “I told you so.” And no one likes–or necessarily believes–the smart alack who says: “I saw it coming, so I sold all my stock, putting my money in savings accounts just before the market crashed. Now I am cash rich [...]
BEAR MARKET RAIDS — So Much for a Level Playing Field
Lately, the ridiculous swings in the stock market have raised a lot of eyebrows. There have been some weeks recently when the market moves in a manner that you would only see in an entire year!
The regular American–the majority of us clinging desperately to the crumbling dreams of our retirement, our children’s college education, our [...]
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Wednesday, Mar 10
Mostly Cloudy
Currently: 41˚ F
Feels Like: 41˚ F
Hi: N/A˚, Lo: 36˚
Tonight: 36˚
Sunset: 5:52 PM
Moon Phase: Waning CrescentThursday, Mar 11
Hi: 52˚, Lo: 40˚
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