21st Century American Zombie-Capitalism Survival
Your periodic update to help survive the
zombie capitalism of post-bubble, 21st Century America
This Video is a Must-Watch if you consider yourself a real member of this community!
Elizabeth Warren: STRESS TEST IS ALREADY OBSOLETE...
WE'RE BLOWING THROUGH THE "WORST CASE" SCENARIO...
Airtime: Tues. Jun. 9 2009 | 6:13 AM ET
Whether the monthly TARP report and the bank stress tests received a passing grade,
with Elizabeth Warren, Congressional Oversight Panel chairman.
RELATED: SOME BANKS RETURNED THEIR TARP FUNDS TODAY
Obama: TARP Refunds Positive, But Problems Not Over
U.S. President Barack Obama Tuesday welcomed the repayments to the government of $68 billion in bank bailout funds but said the problems in the financial markets were not over yet.
"This is not a sign that our troubles are over; far from it," Obama said in prepared remarks. "The financial crisis this administration inherited is still creating painful challenges for businesses and families alike. But it is a positive sign."
He said that it was crucial that the country learn lessons from the worst financial crisis since the Great Depression and to ensure market players do not take "reckless risk." ...
AND IF WE NEEDED ANY MORE PROOF THAT THE STOCK MARKETS
ARE CURRENTLY DISCONNECTED FROM REALITY.... IN A NEW BUBBLE...
Rising Rates Could Threaten Economic Growth, Stock Rally
Investors have a new worry these days: higher interest rates.
The recent surge in rates is threatening not only the housing market but the overall economic recovery and the three-month-long stock rally, experts say.
Interest rates have been climbing steadily in recent weeks as the government tries to sell billions of dollars in debt to finance the economic recovery and financial rescue efforts. The resulting selloff in Treasury prices has pushed up their yields, which influences many interest rates...
Airtime: Sun. Jun. 7 2009 | 6:23 PM ET
Financial Mirage:
The real economy is likely to force the financial markets back on its knees, believes David Roche, global strategist at Independent Strategy Limited. He tells CNBC's Martin Soong why.
zombie capitalism of post-bubble, 21st Century America
This Video is a Must-Watch if you consider yourself a real member of this community!
Elizabeth Warren: STRESS TEST IS ALREADY OBSOLETE...
WE'RE BLOWING THROUGH THE "WORST CASE" SCENARIO...
Airtime: Tues. Jun. 9 2009 | 6:13 AM ET
Whether the monthly TARP report and the bank stress tests received a passing grade,
with Elizabeth Warren, Congressional Oversight Panel chairman.
RELATED: SOME BANKS RETURNED THEIR TARP FUNDS TODAY
Obama: TARP Refunds Positive, But Problems Not Over
U.S. President Barack Obama Tuesday welcomed the repayments to the government of $68 billion in bank bailout funds but said the problems in the financial markets were not over yet.
"This is not a sign that our troubles are over; far from it," Obama said in prepared remarks. "The financial crisis this administration inherited is still creating painful challenges for businesses and families alike. But it is a positive sign."
He said that it was crucial that the country learn lessons from the worst financial crisis since the Great Depression and to ensure market players do not take "reckless risk." ...
AND IF WE NEEDED ANY MORE PROOF THAT THE STOCK MARKETS
ARE CURRENTLY DISCONNECTED FROM REALITY.... IN A NEW BUBBLE...
Rising Rates Could Threaten Economic Growth, Stock Rally
Investors have a new worry these days: higher interest rates.
The recent surge in rates is threatening not only the housing market but the overall economic recovery and the three-month-long stock rally, experts say.
Interest rates have been climbing steadily in recent weeks as the government tries to sell billions of dollars in debt to finance the economic recovery and financial rescue efforts. The resulting selloff in Treasury prices has pushed up their yields, which influences many interest rates...
Airtime: Sun. Jun. 7 2009 | 6:23 PM ET
Financial Mirage:
The real economy is likely to force the financial markets back on its knees, believes David Roche, global strategist at Independent Strategy Limited. He tells CNBC's Martin Soong why.