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The Wall Street Crisis May Be Over, But The Real Economic Crisis Still Looms

Posted On Thursday, 15 Oct 2009 By David Westerfield. Under Business, Economics, Video  Tags: AP, Bankers, Bloomberg, BofA, Default, Financial Crisis, Foreclosure, Goldman Sachs, JPMorgan, Mortgage Defaults, Oligarchy, subprime mortgage, Wall Street  
(Update: to be fair, Bank of America did take a hit this past quarter) In order to create incentive and get consumers' as well as investors' confidence back up to levels before the financial crisis started, it seems the media and their overlords, whoever they may be (I personally think Goldman, ... Read More
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Why Isn’t the Stimulus Working? It Doesn’t Get at the $40-$70 Trillion of Leveraged Debt – Taleb

Posted On Thursday, 02 Jul 2009 By David Westerfield. Under Business, Economics, Politics, Video  Tags: CNBC, Debt, Default, Economics, economy, Foreclosure, Leveraged, Nassim Taleb, Obama, Stimulus  
http://www.cnbc.com/id/31706523 ... Read More
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    AboutA sinner, adopted by the Father, made right with God by Christ's righteousness, reconciled through Christ's precious blood shed on the cross, saved in His time by the Holy Spirit, granted life in His resurrection by His loving choice; a husband, father, bass player, IT nerd, saved by grace alone.
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