While President Obama took a victory lap in Detroit today celebrating the comeback of General Motors and Chrysler on the taxpayer dollar, a new government report showed that US economic growth slowed sharply in the spring; and in Florida at a foreclosure sale yesterday in Ft. Myers it wasn’t any better, three houses on one [...]

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Local is like family, like neighbors, like community.  When you think local you know what dollars are coming in and you know what dollars are going out.  You know very quickly that if more is going out then what’s coming in, you are in debt.

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The ‘suits’ on Wall Street, as a result of Goldman Sachs testimony today, confirmed a perception, long believed, that they are no more than bookies, creating phony products, in fact selling ‘shity’ products, to clients and then betting against them and making money.

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After 12 months in office spending taxpayer money that didn’t produce jobs, taking over the auto industry and financial institutions, pushing for increased taxes for health care reform and cap and trade, while unemployment and underemployment reached the 17.5 % level, President Obama, launched a duplicitous overdue campaign for jobs.

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While doom and gloom is predicted by so called Russian scholars, let no one world-wide ever underestimate the resolve of the American people.

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The time for a stimulus package is now and President George W. Bush could go out a hero rather than something else, if he served as a catalyst and initiated an economic meeting at the White House among President-elect Barack Obama and his newly announced economic team, the present administration team and leaders of Congress [...]

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There is something wrong with the media picture that projects the Democratic position that it was we the people who rejected a $700 billion emergency rescue for the nation’s financial system that sent the Dow Jones industrials plunging nearly 800 points, the most ever for a single day.

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Former Federal Reserve Chairman Alan Greenspan uttered the word today that his policies created when he said during an interview with business-cable network CNBC that the US is “in the throes of a recession.”

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President Bush stepped up to the plate today and hit a homerun for the people and the economy proposing an economic stimulus package of $150 billion and urged Congress to pass it immediately. Nevertheless the stock market went into the tank shortly after the announcement by 100 points, rebounded slightly, but still  ended down at the [...]

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