Former Painewebber CEO Don Marron puts much of the blame on Barack for “freezing” consumers and businesses.
Post Tagged with: "stock market plunge"
“We’re in a depression” – Peter Schiff
“Anyone who was looking for a quick recovery was basically in cloud cuckoo land” says Gillian Tett, US managing editor, Financial Times. “The world is waking up to the fact that there is a process of so called deleveraging going on. That economies and companies and banks still need to cut debt and so do households and that process is going to be brutal and slow.”
The Ripple Effect Of Declining Real Estate
The impact of a double dip, or continuation of Real Estate’s decline, could be more than just economic. It can bring investor/consumer confidence down. Declining confidence has been the downfall of many markets. – BI
World’s Largest Trader: “We’re On The Verge Of A Great, Great Depression”–“Near Panic”
Peter Yastrow the world’s largest LIBOR trader discusses the stock market plunge, the housing drag on the economy, and the federal reserve’s efforts to save the economy. – video
The Swoon in June – reality rears its ugly head in Obama “recovery”
“I don’t believe the president has a clue as to what makes the free market tick. They have no confidence in his expansionist government policies and that’s whats killing the private economy.” – Rep. Joe Walsh on Cavuto
Union Thuggery Run Amok
They’re all disturbing signs of a union going mad over its own irrelevance and taking up more goonish tactics. Whatever it is, it has no place in civil society, and should be prosecuted to the fullest extent of the law.
Stock markets and euro down on double-dip fears
European stock markets have opened lower, amid renewed fears of a double-dip recession.
Euro near collapse, big government economics failing in Europe – why are we trying it here?
The high government control, spending on benefits to buy votes and public sector union demands are causing economic collapse in Europe, yet Obama and the Democrats keep pushing the same agenda in the US.