Posted by julian on Jan 18, 2010 in
Economy
Those smart assed titans of Wall Street are back facing the music on Capitol Hill. What truly amazes me about these sociopath scumbags a year down the track is there is no still humility or accepting of any responsibility from these arrogant jerks for the mess we are still in. Worse still is the inaction [...]
Tags: Citibank, Geithner, Wall Street
Posted by julian on Nov 23, 2009 in
Economy
Home foreclosures are likely to keep climbing throughout 2010. We are at the highest level since records were started in 1972. Isn’t amazing we are being told in California the median price is rising so therefore things are improving. The median price is rising because the first affected were the sub-prime mortgage first time home [...]
Tags: Christmas, foreclosures, Geithner, Obama, sub prime, summers, Wall Street
Posted by julian on Nov 14, 2009 in
Economy,
Politics
As each month goes by I become more and more disappointed with the Obama administration and the snail’s pace at which it gets things done. With such a huge mandate twelve months ago with their inaction and their bumbling ways (healthcare is the great example) I am tiring of words, words and more words that [...]
Tags: AIG, Bernie Madoff, BofA, Citibank, Clinton, Geithner, Greenspan, Merrill Lynch, Obama, SEC, summers, Wall Street
Posted by julian on Jul 14, 2009 in
Politics
The sharp decline in the price of a barrel of oil last week was not the result of excess supply over demand. The world has been awash with oil for the last nine months. Consumption even in America has hit lows never seen in decades and the rest of the world has realized it too [...]
Tags: America, Bush, cartel, Chicago, David Hutton, G8, Geithner, GM, Mercantile Exchange, Mexico, New York, Obama, oil, Wall Street