Tow yards in Las Vegas are filled with the blackened hulls of Mercedes sedans and Cadillac Escalades. The wrecks were pulled from desert hills and city streets by the department’s eight-member auto-theft unit, which responds to calls around the clock. Over one weekend this month, Mr. Menzie investigated eight car fires in 36 hours.
“This is [...]
Category Archive for 'Economy'
Geithner Plan Will Rob American Taxpayers
Posted in AIG, Bailout, Banks, Economy, Finance, Government on Mar 25th, 2009
The U.S. government plan to rid banks of toxic assets will rob American taxpayers by exposing them to too much risk and is unlikely to work as long as the economy remains weak, Nobel Prize-winning economist Joseph Stiglitz said on Tuesday.
“The Geithner plan is very badly flawed,” Stiglitz told Reuters in an interview during a [...]
Volcker Sees Crisis Leading to Global Regulation
Posted in Big Brother, Economy, Government, New World Order, Politics on Mar 17th, 2009
“Even the experts don’t quite know what’s going on.”
Speaking to a number of those experts Friday, Paul Volcker, a top economic adviser to President Barack Obama, cited not only the lack of understanding of the global financial meltdown but the “shocking” speed with which it had spread across the world.
“One year ago, we would have [...]
AIG’s Taxpayer Fleecing Must Be Stopped
Posted in AIG, Bailout, Barack Obama, Business, Economy, Government, Politics, Presidential on Mar 17th, 2009
Apparently, even under a forward looking, honest, able and liberal president, the forces of government are such that the public — like sheep meeting the shears — is being fleeced again.
The average citizen is terrified about the future and does not fully comprehend the implications of all of the bailout money - trillions of dollars [...]