750 Billion Tarp… 1 Trillion Stimulus….. Now 75 - 375 Billion to bail out people in foreclosure. I guess the new way is to reward failure by making those who are successful pay for it.. What if we all don’t pay our mortgage.. (more…)
Archive for the 'Opinion' Category
10 things that won’t survive the recession
Tight times, and budgets, will hasten the end for some things
I recieved this in an email this week and I think it is well said……..
The government says we’ve been in a recession for the past year. Experts say it’ll be at least another year before it’s over. And everybody says it’s the worst economic downturn since the Great Depression.
Nice sound bite. What does that mean?
Who knows? We can be sure that this downturn will differ totally from the Depression, and also different from the many recessions we’ve suffered every decade or every other decade since the ’30s. I’m not an economist or a historian, but it seems to me that this recession will be something unprecedented.
Sheesh…everybody was so worried about Obama’s “wealth re-distribution” comments…..while right under our noses we have a Robin-Hood-In-Reverse situation going on. The taxpayers are once again being tapped in order to keep the fatcats from falling flat on their faces….if the public is now even more heavily invested in propping up AIG, we should demand transparency….we need to see there books, and oversee how they are spending OUR money!
Yes Exxon reported 11.68 billion in profits and that amounts to $1485.55 per second. read the story here.
But the story doesn’ttell you that they paid over $4000.00 per second in taxes. Imagine what the price of gas would be with out that tax. They also spend $15,000.00 per second in expenses..
Good for them and any one who holds their stock.
I’m glad to see that someone in this country doesnt bow to that bunch of crap they call the world court