Tag Archives: washington

Where’s the heart?

Posted on February 25, 2010 by refugeefromreason

Layoffs are up again, orders for big ticket items down and new home sales at their slowest pace in years. We recently heard that the economy is “gaining momentum,” with a big jump in the so-called Gross Domestic Product, which, … Continue reading →

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The Economy

Posted on November 24, 2008 by refugee

Don’t be remarkably excited about a five percent rise in the Dow Jones Industrial Average. Remember, it was Wall Street, with the blessings of George Bush, that got us into this mess. So that judgement’s out the window. The disclaimer: … Continue reading →

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Our Government At Work: FDIC, Treasury clash on anti-foreclosure plan

Posted on November 15, 2008 by refugee

Bureaucrats trying to keep their jobs: WASHINGTON (Reuters) – A top U.S. banking regulator unveiled a plan on Friday to prevent about 1.5 million foreclosures, breaking ranks with the Bush administration by demanding bailout funds be diverted from banks to … Continue reading →

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