From the category archives:
Breaking news – late on Friday, around 9pm EST I think, Obama’s stimulus proposal tentatively passed, legalizing a stimulus of about $780 Billion, cut back a bit from the $900 Billion originally proposed.
I was starting to get worried.
Now let’s see how quickly he can sign it and get it working.
Monday, February 9 update: OK, it [...]
{ Comments on this entry are closed }
According to news reported by Amanda Lang on BNN’s SqueezePlay yesterday, Barack Obama says there are more bank failures to come. (He’s speaking of US bank failures, of course…)
Kevin O’Leary also said that the US bank deleveraging is going to continue for the next 2-5 years. This means it’s going to take quite some time [...]
{ Comments on this entry are closed }
The so-called “Buy American” clauses in U.S. President Barack Obama’s 2009 stimulus bill package may initially sound like a good idea given all the recent layoffs and newly unemployed workers, but it recalls that ugly bumper sticker that I love to hate and tend to snicker at those driving the cars on which it is [...]
-{ Comments on this entry are closed }
U.S. President Barack Obama, according to this Washington report, said “he’s confident that a multibillion-dollar plan to kick-start the ailing economy will survive a crucial House vote.”
It’s unclear how much Republican support he’ll get for the 2009 economic stimulus package, but Obama said “I’m confident we’re going to get it passed.”
According to the report, “the [...]
{ Comments on this entry are closed }
Well, I think Peter Schiff’s reputation is on a tear. He’s got two new books coming out. His latest book got a thumbs-up recommendation from Jim Rogers. He’s getting 2-3 speaking requests per day from around the world.
I used to read Schiff and the Doom and Gloom crowd quite a bit before the last year [...]
{ Comments on this entry are closed }
Can anyone find any logical flaws with any of Schiff’s arguments? Not only is Schiff really smart, but his whole perspective and attitude seem really quite authentic and decent to me. I mean, he tells it like it is. That’s how Obama used to sound to me. But now I don’t know so much about [...]
-{ Comments on this entry are closed }
You know, he was most worth listening to two years ago (and reading as well – I was keeping up on the coming meltdown at least three years before it happened) and he’s most worth listening to again today too. The same old same old seems to get recycled around in the media like an [...]
-{ Comments on this entry are closed }
