Posted in Uncategorized, tagged bailout, economics on December 1, 2008 | 2 Comments »
Dec 1
At $8.5 Trillion already pledged by the US Government, the 2008 bailout of the financial sector has become largest single expenditure ever assumed by the US Government (Or any government). Just how large you ask? We’ve now exceeded the total cost of World War 2, The New Deal, Korean War, Iraq Invasion, Vietnam, [...]
Read Full Post »
Posted in Uncategorized, tagged Bush, India, New Delhi on December 1, 2008 | Comments Off
Written by www.daily.pk
Sunday, 30 November 2008 14:46
With a traumatized nation and a paralyzed government, a core group of secular ideologues and Hindu nationalists are executing a ‘soft coup’ in New Delhi to bring to power hawks who want to pursue America’s agenda of grooming India as a regional policeman, sort out Pakistan and confront [...]
Read Full Post »
Posted in Uncategorized, tagged economics, realestate on December 1, 2008 | 1 Comment »
Inquiring minds have been asking for another housing update. My previous update was was on February 15,2008 in Housing Bottom Nowhere in Sight. I did not remember Bernanke’s comments at the time but looking back now they sure seem funny.
CNBC is reporting Bernanke Expects Housing Recovery by Year End.
Federal Reserve Chairman Ben Bernanke told lawmakers [...]
Read Full Post »