
Depression Straight Ahead and Washington Can't Do Anything
About It!
Friday, November 14, 2008
Can you feel it? The feeling of Fear is sweeping across
the Country. Anxiety has consumed millions of people in America.
More...
1 Million Jobs Lost, So Far!
Friday, November 7, 2008
I have been debated about this issue for over two years.
In the latest report, which was released this morning, the United
States lost over 1 Million jobs this year, so far. More...
The Markets Are Crashing And It Is Getting Dangerous
Tuesday, October 7, 2008
According to the latest CNN poll, 60% of the American people
say they are worried that a full-fledged Depression is likely. More...
Titanic America
Wednesday, October 1, 2008
One of the greatest movies of all time is a movie called
The Titanic. This is a movie about the real life tragedy of a ship
that sank in the year 1912. There have been many things written
and said about that tragic event that happened in April of 1912,
but for me none more compelling than the comparison with America.
More...
Black People: Still Not Prepared for Coming Economic Collapse?
Friday, September 26, 2008
In January of this year I posed the question Are Black
People Prepared For The Coming Economic Collapse? I believe that
with all of the events that have occurred since then it should be
clear that America is in an Economic Crises. More...
"Throwing Everything, Including The Kitchen Sink"
Saturday, September 20, 2008
Just about eight days ago, while looking at the prospect
of bailing out a host of suffering financial institution in the
country, the government stood and appeared to “draw a line in the
sand”, and refused to bail out Lehman Brothers.
More...
The Fall Out From Lehman Brothers
Wednesday, September 17, 2008
With all of the focus and attention surrounding the bailout
of insurance giant AIG, the Bankruptcy of Lehman Brothers has been
lost in the media.
More...
Lehman Brothers Could Be The Next Bank To Fail
Friday, August 22, 2008
Yesterday the Financial Times reported that Chinese and
Korean investors have rejected secret pleas from Lehman Brothers
for funds to bail them out. MORE...
The Federal Reserve: Stuck Between a Rock and a Hard Place.
Sunday, February 3, 2008
January 2008 is going down in history as the worst month
for the start of year in the Stock Market. The month had 15 days
of triple digit swings. This is a very volatile time filled with
a lot of anxiety and uncertainty. MORE...
If The Economy Was Doing So Great Why is The Federal Reserve Cutting Interest Rates?
Wednesday, January 30, 2008
I can’t even count how many times I have heard over last year “the economy is doing great” come out of the mouths of politicians and Wall Street talking heads. MORE...
U.S. Economic Foundation is Broken.
Wednesday, January 30, 2008
Throughout the history of the world, there have always been strong currencies, usually held by the economic powerhouses of the day. Theses currencies were known as the Reserve Currency of the day. The Pound Sterling was the primary reserve currency for much of the world in the 18th and 19th centuries leading up to World War II.
MORE...
The American Dream has become the American Nightmare
Tuesday, January 29, 2008
As real estate prices continued to climb higher over the last ten years, artificially low interest rates and very easy lending standards were not the only factors contributing to the so-called housing boom. MORE...
Recession: Are Black people prepared for the coming economic collapse?
Monday, January 28,
2008
Within the last couple of weeks you have some of the major Investment Banks such as Goldman Sachs and Merrill Lynch coming out and saying what I have been saying for quite some time now, and that is that America is in a Recession. MORE...
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