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More Bad News
http://theeconomiccollapseblog.com/
There's truth here. And a nice business idea. -
Fannie Mae should get a C, not an AA+
That's my reaction, anyway. I never got a double A+ for doing stuff that foolish. The student loan bubble has yet to pop... Probably lots of these other agencies getting downgraded are also severely compromised. No one wants to admit it for fear of causing our house of cards to topple all at once ( Read more... ) -
Never Gonna Happen: Economic Recovery
It's a great idea: base our hopes and dreams on a Happiness Index instead of the GDP...
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NYT opinion
The author here point out that the new generation of US college grads are ill-prepared for the world that they are confronted with. And he explains it in generational terms. The theme of the Boomer era was self-discovery, freedom and expression. The theme for this new generation of graduates will be different, but it is not clear that any of ( Read more... ) -
A Conservative Expresses Why "the Right" is Wrong
Nice bit here from Andrew Sullivan on why he cannot support the so-called conservatives in American politics today. He is politically conservative, but can't endorse the Republican party because the offenses of the neocons have been too many and too obnoxious. ( Here's his manifesto, originally posted on The Daily Dish, explaining his reasons. ) -
National Debt
If we break it down, and this number does not include any personal debt you may have, we each owe over $31,000.00. This is based on an estimated population of 304,931,288. Thirty one thousand / head. And counting. -
Call to Action: Stop Congress from Destroying (what is left of) our Economy
This impressive collection of Ron Paul clips (posted by Joseph Mercola) shows that the current bailout battle is the result of a long slow process that really kicked off in 1971 when the gold standard was dropped, and our money became just paper without anything of value behind it. When money is just paper, and a central bank (the federal reserve ( Read more... )
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