From the category archives:

bailout

Perfect Time to Invest in the Greek Debt Default

December 17, 2011

in 2012, ETF(s), FTSE, Greece, bailout, bankruptcy, collapse, debt, europe, forecasts, foreign investment, news and updates

We’re all waiting for the Greek collapse. It hasn’t happened yet, but that means it’s the perfect time for Global X to set up a new, first-ever dedicated Greece-only ETF (GREK). Why, you might ask, would anyone want to put all their chips on this nation that is either going to a) leave the Euro, [...]

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Obama Rescues States With Shadow Bailouts and Interest-Free Loan Extensions

February 9, 2011 · 3 comments

in Obama, Obama Effect, US economy, bailout, bankruptcy, debt, government, news and updates, politics, stimulus, unemployment

Now we know that a whopping 32 states are officially bankrupt, and that apparently, the US government has been engaged in shadow bailouts of these states, i.e., “giving them money under the table.”
In addition, all that money that states borrowed from the Federal government in order to continue to pay unemployment benefits? Now they won’t [...]

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Which 18 States Are NOT Bankrupt Yet

February 9, 2011 · 1 comment

in 2011, US debt, US economy, bailout, bankruptcy, collapse, debt, living in US, market reports, moving to U.S., news and updates, unemployment

The Economic Policy Journal recently released a list of U.S. States that are officially bankrupt (i.e., insolvent). These states are receiving SHADOW BAILOUTS from the federal government. As Zero Hedge puts it, “one can only wonder how many other shadow programs are currently in operation to fund states under the table with federal money.” He [...]

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Financial and Banking Crisis Coming In 2015

February 2, 2011 · 3 comments

in G20, bailout, banks, bubble, capitalism, central banks, debt, deficits, economy, forecasts, future, government, indicators, international economy, market reports, money supply, preparedness, risk, sovereign debt, stimulus, wealth protection, world order

The DOW is back above 12,000 for the first time since June 2008 – kind of weird to imagine, isn’t it? Does all feel right again in the world? Back in June 2008 the markets buzzing full of bullish energy. The U.S. housing sector tore it all apart, and the Ben Bernank huffed and puffed [...]

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Probability the US Postal Service Needs A Bailout

November 17, 2010 · 3 comments

in 2010, bailout, bankruptcy, business, capitalism, debt, earnings, economy, forecasts, government, infrastructure

Calls have been coming for a while to halt Saturday delivery by the US Postal Service (USPS) in order to cut back on costs, but this hasn’t stopped the USPS from raising pay checks in the meantime (and employee compensation has been estimated to be about 80% of their costs).
Yet just this past Friday, the [...]

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Review of The Inside Job by Charles Ferguson (2010).
Despite the fact that it’s a trite truism that Wall Street is fueled by greed and “greed makes the world – or at least the markets – go round,” it’s merely the tip of the iceberg of moral depravity and social corruption that has been exposed on [...]

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Other Names for the Redistribution of Wealth

July 13, 2010 · 5 comments

in George Soros, bailout, charity, economics, gifts, philanthropy, stock exchanges, terminology, wealth, wealth transfer

U.S. public discourse especially, particularly during election seasons, as we saw in the primaries leading up to Obama’s election, makes a lot of fuss with the phrase “the redistribution of wealth.”
Those using the phrase seem to intend it to refer to some type of “Robin Hood” scenario, where some guy steals from the rich in order [...]

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