Through a century of market ups and downs, interest rate fluctuations, mergers, acquisitions, political influence, lobbying and positioning insiders to the most powerful government and government related institutions, the Kings of Wall Street have nurtured and advanced their isolated power to a point where they are responsible to no one.
To initiate an advance on the lengthy economic turnaround, the joy ride of debt-spending-with-wanton-abandon mindset enjoyed by Bush and continued by Obama must be brought to a close. Deficit growth cannot continue on a path exceeding the rate of economic growth. The Administration should surface out of its decision closet, and become resolutely emphatic...
Obama announced that between $50 billion and $100 billion will be spent on making mortgage payments affordable, as part of the giant gamble he and Congress are making, under the title of “stimulus.†No help will be provided for those who made rational decisions on purchases, but ample support will be provided to those...
American consumers are being accused of closing their wallets. This is evidenced in three months of contracted spending into the end of 2008. The new year has brought more of the same, and consumers are being admonished for spreading “weakness.â€ÂÂ

 Politicians, economists, and the media, have strained to peculiar characterizations in describing the source...
As CEOs beg for Troubled Asset Relief Program (TARP) handouts, the new corporate mantra is, “maintain shareholder trust,†… sorry, make that the new corporate mantra is not, but should be, …â€ÂÂmaintain shareholder trust.â€ÂÂ
As follow-up to a November 21, ’08 article regarding signs that may reveal the direction that an Obama Presidency might take, the following presents another “tell.†This one is less innocuous, but may prove to be more expensive to America.

 Perceptions inside the current White House, when Bush and Cheney took office, were that...
In the search for solutions to the global economic turmoil, there is a disconnect between the objective of bankers and financial institutions, and the objective of government (read: people). The global crisis presents an evolving pathology beyond the reach of Paulson, Bernanke or any other imposition. That is the great mystery and abstruse nature...
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