Economics Info

Economic News, Discussion and More

Archive for December, 2009

If we continue to put our $ in big banks, they’ll continue to use our $ to pay lobbyist to keep Congress from fixing the system. Haven’t you had a enough!? MOVE YOUR MONEY to a Credit Union or Local Bank & stick it to the man!

Dec 30

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Fannie & Freddie are broke, they are in affect government agencies which will never generate profits, will never pay dividends and won’t ever have any capital gains, yet their executives will get 6 million dollar "pay packages" for their special skill, losing money.

Dec 30

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It ["the financial reform bill"] authorizes Federal Reserve banks to provide as much as $4 TRILLION in emergency funding the next time Wall Street crashes.

Dec 30

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Beijing Says Billions in Funds Are Missing – Auditors discovered that 234.7 billion yuan ($34.3 billion) disappeared from public funds in the first 11 months of this year, state media said Tuesday, in a report that underscores the depth of official corruption in China.

Dec 30

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The big bank boycott is on!

Dec 30

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Suddenly everyone’s talking about this great change in Roth IRA’s. Can anyone explain what’s going onin reddit language?

Dec 30

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How the false economies of “cost-saving” can destroy companies.

Dec 30

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Michael C. Ruppert scares the crap out of me.

Dec 30

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Survey shows consumers’ optimism rising

Dec 30

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Britain’s debt now a ‘riskier proposition’ than Italy’s – Telegraph

Dec 30

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Unintended consequence of stimulus: the IRS will be unable to distinguish legitimate from fraudulent claims to stimulus-related tax benefits.

Dec 30

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Economics Reddit… I need your help

Dec 30

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Over 90 per cent of women own an item of clothing with the tags still on

Dec 30

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Audit Finds Flaws in "Energy Star" Appliance Efficiency Rating Program – OOPS.

Dec 30

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Square-root reversal: America will recover, but too weakly for comfort | The Economist

Dec 30

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Raw Allegations Of Fraud? (Fannie/Freddie). There is more to this ugly situation. New research by Edward Pinto, a former chief credit officer for Fannie Mae and a housing expert, has found that from the time Fannie and Freddie began buying risky loans as early as 1993, they routinely misrepresented

Dec 30

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I had a fantasy in which the Fed and the TSA (Transportation Security Administration) switched roles.

Dec 30

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The $700 Billion Man : He wears no coat though it’s freezing, shines no light though it’s near midnight, carries no shotgun though he’s tramping on the pine-needled tracks of black bears. He wants to be lost in these woods.

Dec 30

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State Sales Tax Numbers: The Truth Appears. Sales taxes declined 9% to $70 billion in the third quarter compared with the year-ago period, the Census Bureau said. Income taxes plunged 12% to about $58 billion.

Dec 30

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Fannie Mae and Freddie Mac: Obama Plans To Reinflate The Housing Bubble

Dec 30

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