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Keyword: greatdepression2

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  • Economic Depression Within The Great Depression

    10/23/2010 7:57:19 AM PDT · by blam · 12 replies
    The Market Oracle ^ | 10-22-2010 | James Quinn
    Economic Depression Within The Great Depression Economics / Great Depression II Oct 22, 2010 - 01:52 PM By: James Quinn By James Quinn, Contributor, The Casey Report : Regular Casey Report contributor James Quinn is the head of strategic planning for one of the world's most prestigious business schools and the host of blog. In this article, he is presenting historical indicators that may tell us what’s in store for the U.S. economy. In recent months, worshippers at the altar of Keynes have been hyperventilating over the possibility Congress will run a deficit of “only” $1.5 trillion in 2010....
  • Paul Krugman : That 1937 Feeling (Nobel Laureate recommends MORE SPENDING to avoid a repeat)

    01/04/2010 7:12:33 AM PST · by SeekAndFind · 19 replies · 842+ views
    New York Times ^ | 01/04/2010 | Paul Krugman
    Here’s what’s coming in economic news: The next employment report could show the economy adding jobs for the first time in two years. The next G.D.P. report is likely to show solid growth in late 2009. There will be lots of bullish commentary — and the calls we’re already hearing for an end to stimulus, for reversing the steps the government and the Federal Reserve took to prop up the economy, will grow even louder. But if those calls are heeded, we’ll be repeating the great mistake of 1937, when the Fed and the Roosevelt administration decided that the Great...
  • America Rising: An Open Letter to Democrat Politicians

    01/03/2010 11:27:41 AM PST · by Halfmanhalfamazing · 11 replies · 1,424+ views
    Youtube video 3:11 ^ | January 2nd, 2010
    We elected you on a promise of hope and change. You've disappointed us. In 2010, we are taking the country back. Blue collar democrats, independents, and conservatives. We love our country. We are proud of our founders. And we will fight to protect our traditions. We don't want your revolution.
  • An Angry President Obama loses his cool as Copenhagen freezes

    12/18/2009 6:35:48 PM PST · by 2ndDivisionVet · 121 replies · 7,044+ views
    The Examiner ^ | December 18, 2009 | William Hughes
    Our president is quite the angry man these days. Perhaps his heart is two sizes too small, or maybe he just hates the residents of Who-ville (and “bitter Americans clinging to guns and religion” here in America.) Perhaps being forced by public opinion to retain the “religious” aspect of White House Christmas decorations has placed our man in Washington in a foul mood. Perhaps, it is the fact that he is now the most unpopular president ever recorded this early into a first term. Perhaps it’s because his “stimulus bill” that in his mind has been so successful it calls...
  • Boatloads of money spent, but few jobs

    12/13/2009 7:14:37 AM PST · by advance_copy · 8 replies · 558+ views
    Michigan Live ^ | 12/13/09 | Staff
    For an obscene price tag, this year's $787 billion federal stimulus has delivered precious little to Jackson County, Michigan or the nation. The public should be skeptical whether the federal government can be trusted to implement a second, smaller stimulus to create jobs. President Obama last week called on Congress to spend more — as much as $200 billion, by some estimates — to put people to work. The nation's unemployment stands at 10 percent (in Michigan, it's 14.2 percent), and surveys suggest that large companies will continue to shrink their work forces in the coming months. Of course, wasn't...
  • Joy Behar and Andrew Sullivan Attack Sarah Palin: Is Trig Her Son?

    12/08/2009 8:22:30 PM PST · by 2ndDivisionVet · 41 replies · 2,056+ views
    NewsBusters ^ | December 8, 2009 | Noel Sheppard
    Palin Derangement Syndrome was on full display Monday evening when HLN's Joy Behar invited the Atlantic's Andrew Sullivan on to trash the former Governor of Alaska. At issue fully fifteen months after Sarah Palin was thrust into the limelight as John McCain's running mate was whether or not Trig is actually her son. Behar began the segment: "Sarah Palin may have been coy on the Oprah Show about a possible White House run in 2012. But new poll numbers show she`s a contender. Oy." This evoked laughter from crew members on the set. Behar then introduced her guest, and after...
  • EPA: Greenhouse gases endanger human health

    12/07/2009 7:27:59 AM PST · by janetjanet998 · 131 replies · 4,117+ views
    WASHINGTON – Officials tell The Associated Press that the Environmental Protection Agency has concluded greenhouse gases are endangering people's health and must be regulated. The EPA will announced its findings at a news conference Monday. The announcement is timed to boost the Obama administration's arguments at an international climate conference — beginning this week — that the United States is taking actions to combat global warming, even though Congress has yet to act on climate legislation. Under a Supreme Court ruling, the so-called endangerment finding is needed before the EPA can regulate carbon dioxide and five other greenhouse gases released...
  • The Five Obama Fails

    11/27/2009 10:28:28 PM PST · by bogusname · 12 replies · 1,255+ views
    American Thinker ^ | November 28, 2009 | Adam Sparks
    The Obama Administration burst onto the presidency with a historic wealth of good will, hope and change. It is now marked by one failure after another. Unfortunately, these failures are not without costs. The heavy burden is born by consumers, taxpayers and to generations yet to come. Nearly one year later we have an economy heading in the wrong direction, unemployment rising, a deficit that will double, banks failing, a war command which is virtually ignored, 911 terrorists given all the rights at a civil trial and an Administration hell bent on destroying rather than "reforming" the world's best health...
  • US STOCKS-Wall St Set To Slip At Open On (Unexpected) Housing Data

    11/18/2009 6:41:23 AM PST · by blam · 13 replies · 545+ views
    Reuters ^ | 11-18-2009 | Ellis Mnyandu
    US STOCKS-Wall St Set To Slip At Open On (Unexpected) Housing Data Wed Nov 18, 2009 9:06am EST By Ellis Mnyandu NEW YORK, Nov 18 (Reuters) - U.S. stocks were set to open lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness. Housing starts dropped to their lowest level in six months, weighed down by a sharp decline in construction activity for both single-family and multi-family dwellings, the government reported. For details, see [ID:nN1738618] The data was the latest setback for investors eager for definitive...
  • Obama: Too much debt could fuel double-dip recession

    11/18/2009 5:04:11 AM PST · by Former Military Chick · 177 replies · 5,167+ views
    reuters ^ | Wed Nov 18, 2009 7:20am EST | Caren Bohan
    BEIJING (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession. With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction.
  • Obama in L.A.: 'You ain't seen nothing yet'

    05/28/2009 8:46:47 AM PDT · by mmanager · 37 replies · 2,109+ views
    The Hill ^ | 5/28/09 | Sam Youngman
    LOS ANGELES — Even as he conceded there is still much hard work to do, President Obama was in a boastful mood Wednesday night, telling a star-studded crowd at a fundraising dinner that he "would put these first four months up against any prior administration since FDR." The president, speaking to a dinner that included Hollywood A-listers like Kiefer Sutherland, Marisa Tomei, Jamie Foxx, Ron Howard and Steven Spielberg, lauded the legislation he has signed since taking office but added that he is "not satisfied."
  • Employers Cut 539,000 Jobs in April, Jobless Rate at 8.9%

    05/08/2009 5:36:58 AM PDT · by navysealdad · 139 replies · 6,772+ views
    Unemployment rate hits 8.9%
  • Will Obama tax plan really save jobs? (NO)

    05/06/2009 5:03:21 AM PDT · by tobyhill · 7 replies · 495+ views
    cnn ^ | 5/6/2009 | cnn
    President Obama says his proposals to crack down on corporate tax loopholes will do a lot of things, including create more U.S. jobs. "We will stop letting American companies that create jobs overseas take deductions on their expenses when they do not pay any American taxes on their profits," Obama said when announcing his proposals. In turn, Obama said, the government would offer a tax cut to companies that do their research and development in the United States. And that will "jump-start job creation," he said. Will it work? Tax policy experts and corporate lobbyists are dubious. They say that...
  • Europe's Grim Outlook Challenges World Recovery (worse than U.S.)

    04/25/2009 3:56:05 AM PDT · by TigerLikesRooster · 14 replies · 674+ views
    WSJ ^ | 04/23/09 | MARCUS WALKER and JOELLEN PERRY
    Europe's Grim Outlook Challenges World Recovery Article By MARCUS WALKER and JOELLEN PERRY Europe's economy faces a deeper recession and a slower recovery than the U.S. or other parts of the world, making it the region that is most hurting prospects for an early end to the global economic slump. The EU's economy is set to contract 4% this year, even worse than the 2.8% drop projected for the U.S., according to new forecasts published Wednesday by the International Monetary Fund. Those figures came as the U.K. released a budget that includes its biggest jump in the national debt since...
  • Is anybody having trouble getting a loan?

    09/26/2008 6:07:53 PM PDT · by Tolerance Sucks Rocks · 114 replies · 1,864+ views
    My bad self | September 26, 2008 | My bad self
    I keep hearing about how people are starved for loans, and that we'll have a credit freeze if the bailout passes. However, I bought a new car yesterday evening, and I was able to get quick financing from Honda. I therefore submit unto you all this question: are you or anybody you know having trouble getting a loan?