Well, this has been an interesting week. I have been closely watching the news for weeks and have seen a huge trend towards mainstream media carrying stories which would have been downplayed (censored?) a short while earlier. Of course I haven’t yet seen a major American news source giving much attention to PIMCO’s bond guru Bill Gross [...]
Posts Tagged ‘economy’
A Confidence Game
Posted in finance, politics, tagged bond market, deficit, economy, politics, propaganda on January 30, 2010 | Leave a Comment »
Bail-out goes to the House tomorrow for a vote
Posted in finance, politics, tagged Bail-out, Buffett, economy, finance, House of Representatives, mortgage bailout, politics, TARP on October 2, 2008 | 2 Comments »
So I read that the House of Representatives websites and email servers are getting overwhelmed by the emails from people opposing the Bail-out (or T.A.R.P. as it is properly called — meaning Troubled Asset Relief Program). Then I read articles by Dr. Doom himself, Professor Nouriel Roubini, an economist who predicted this economic fiasco with uncanny [...]