Posted on 15 October 2008. Tags: Class Warfare, Economy, Full Employment, Minimum Wage, Stocks
I feel like I’m in the middle of Star Trek V: The Final Frontier movie. You know, when the entity masquerading as God talks a good game and is trying to seduce his listeners into believing that a wonderful future awaits–if only he can hitch a ride on the Enterprise. To which Capt. Kirk […]
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Posted in General Interest
Posted on 15 September 2008. Tags: Asia, Class Warfare, Depression, Dow Jones, Federal Reserve, Lehman Brothers, Markets, Merrill Lynch, Recession, Stocks
Yours truly is hitting the road early and so will be out of reach for the morning of all the websites and news…good thing…because when the market opens at 9, all hell is going to break loose. I’m not sure how many people on Main Street understand the deep panic underway among the financial […]
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Posted in General Interest
Posted on 23 January 2008. Tags: AFL-CIO, Asia, Class Warfare, Depression, Dow Jones, Federal Reserve, Markets, Recession, Stocks
As I wrote yesterday, the markets around the world are in a freefall. This morning, things are looking just as grim, with predictions that the Dow will drop 500 points in early trading based on what happened yesterday and overnight in foreign markets. The Federal Reserve has just announced a 3/4 of a point […]
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Posted in General Interest
Posted on 23 January 2008. Tags: AFL-CIO, Asia, Class Warfare, Depression, Dow Jones, Federal Reserve, Markets, Recession, Stocks
As I wrote yesterday, the markets around the world are in a freefall. This morning, things are looking just as grim, with predictions that the Dow will drop 500 points in early trading based on what happened yesterday and overnight in foreign markets. The Federal Reserve has just announced a 3/4 of a point […]
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Posted in General Interest
Posted on 22 January 2008. Tags: Asia, Class Warfare, Depression, Markets, Recession, Stocks
Across the world, while the markets here are closed, there is a melt down under way. This is a report from The Wall Street Journal’s website: Asian stocks suffered a heavy blow Monday on fears of a U.S. recession, as India’s index set a record with a 7.4% plunge and 5% or more was […]
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Posted in General Interest
Posted on 22 January 2008. Tags: Asia, Class Warfare, Depression, Markets, Recession, Stocks
Across the world, while the markets here are closed, there is a melt down under way. This is a report from The Wall Street Journal’s website: Asian stocks suffered a heavy blow Monday on fears of a U.S. recession, as India’s index set a record with a 7.4% plunge and 5% or more was […]
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Posted in General Interest
Posted on 13 September 2007. Tags: Class Warfare, Recession, Stocks
Today brings a perfect example that, really, none of these economic forecasters, pundits or people can tell you what will happen with certain parts of the economy and whether we will have an official "recession." I emphasize OFFICIAL recession because by the standards of whether people are doing better, it’s clear that millions of […]
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Posted in General Interest