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Exclusive: Report Shows Vehicles, Machine Guns And More Meant For Iraqi Forces Unaccounted For
Tractor trailers, tank recovery vehicles, crates of machine guns and rocket propelled grenades are...
Article | Submitted Dec 6, 2007 | Views: 2046 | Comments: 25
Tags: iraq, war
This is a fascinating article by Andrew Ross Sorkin of the New York Times that suggests that one outcome of the current US credit crisis (and out national deficits) will be that the major private...
This is a discussion on the future direction of the Federal Funds rate, using the Fed Funds Rate Predictor (produced by the Cleveland Fed as a starter.
The Fed today announced it was keeping rates at 2% as was widely expected. It's announcement opened the door for future rate hikes as its statement mentioned the danger of inflation.
The Federal Reserve, Office of Thrift Supervision and FDIC have all increased the number of struggling banks they have effectively put on probation, forcing them to fix their problems and try to...
This is another analyst-induced short covering rally. Neither of these things is really viable and this is just a detour on the road to worthless equity.
Article | Submitted Aug 27, 2008 | Views: 7 | Comments: 0
Tags: fannie mae, freddie mac
As expected the Federal Reserve kept the Federal Funds rate at 2%. The statement below continues to reflect their uncertainty on which way the economy is going - inflation or recession. Expect...
I just saw a video on Marketwatch from Jeffrey Cointop (sp?) who says that the worst if over for the credit crisis. He thinks the economy will do well and the market could be a buy.
Something...
A respected economist on the street, Milton Ezrati told the CNBC Fast Money group that he thought the consumer economy in the US would be dead for the next five years. There response: all will be...
Another economist, this time Kenneth Rogoff from Harvard, piles on to say that the economy is headed downward. Economists are a lagging indicator. When everyone sells sell, it's time to think...
Bermard Connolly, global strategist at Banque AIG in London and one of the most bearish market analysts says the US Government may be forced to prop up assets if monetary policy fails to produce...
We've now had five bank failures in 2008 and I wanted to see how we are doing compared to the real estate downturn in the 1980s and savings and loan crisis it precipitated. The results are...
The conventional wisdom says that inflation is very bad. It makes everything we buy more expensive and decreases the value of our currency. But there are times when inflation is good for you.
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