community

Elizabeth Warren, chair of the Congressional Oversight Panel for bank bailouts

Michael E. Douroux — Fri, 06 Nov 2009 14:23:15 -0500

"The numbers are bleak -- unemployment has surpassed 10 percent for the first time since 1983 -- and Warren is not surprised.

'Let's face it,' Warren said, 'This is sort of how we went about the rescue -- we rescued at the top and we left the bottom to kind of fend for itself -- and that's showing up in the unemployment numbers.'

Warren went on to explain that the report is really about the guarantees the Government made to protect banks' assets while leaving the public out to dry.

Time.com -- " Why It's Time to Retire the 401(k)"

Michael E. Douroux — Thu, 05 Nov 2009 17:15:45 -0500

"...upgrading the 401(k) alone won't save the nation's retirement-savings problem.

Geithner "Burned Billions," Shafted Taxpayers on CIT Loan

Michael E. Douroux — Wed, 04 Nov 2009 14:27:45 -0500

"William Black, professor at the University of Missouri-Kansas City School of Law is dumbfounded. 'We put ourselves on the hook in a completely inept way where we lose first. We lose entirely as the taxpayers.'

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Focus on MSNBC's Dylan Rattigan

Michael E. Douroux — Mon, 02 Nov 2009 12:57:41 -0500

The host of MSNBC’s Morning Meeting is one example of an increasing number of people from across the spectrum with high-profile platforms who are stepping out, asking the hard questions and won’t quit until we get some straight answers and solutions to the same unresolved systemic problems that brought us to the edge of economic meltdown.

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The Cheerleaders vs. The Chicken Littles

Michael E. Douroux — Fri, 30 Oct 2009 17:47:17 -0400

There are those cheerleading type experts with the perpetual, frozen smiles who maintain that the necessary measures have been taken to deal with the financial crisis, the economy is now showing signs of recovery, all is under control and we're back on track with the market in rally mode since March leading the way.

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The Cheerleaders vs. The Chicken Littles

Michael E. Douroux — Fri, 30 Oct 2009 17:47:13 -0400

There are the experts with the perpetual frozen-smiles who maintain that the necessary measures were taken to deal with the financial crisis, the economy is now showing signs of recovery, all is under control and we're back on track with the market in rally mode since March leading the way. Then there are those labeled by the smiling ones as the Chicken Littles who are speaking up and saying, not so fast blondie, it's not quite that simple.

Several posts back I provided a link to the PBS Frontline documentary
"The Warning."

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The Rage of Anxiety

Michael E. Douroux — Fri, 30 Oct 2009 11:53:00 -0400

"But I can't help thinking that both the victim and the alleged killer are casualties of a treacherous economy, which continues to batter the ordinary American while the experts proclaim recovery is upon us."

http://finance.yahoo.com/expert/article/moneyhappy/199067

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PIMCO's Bill Gross: Assets Are $15 Trillion Overvalued...Keep The Fantasy Alive

Michael E. Douroux — Wed, 28 Oct 2009 13:52:23 -0400

http://www.businessinsider.com/henry-blodget-bill-gross-assets-are-15-trillion-overvalued-and-fed-will-keep-rates-at-0-forever-to-keep-the-fantasy-alive-2009-10

Now Online...

www.financialconservation.com

Legalize It: Insider Trading Is a Victimless Crime...

Michael E. Douroux — Tue, 27 Oct 2009 16:22:18 -0400

"But of course, there's a reason why it's not legal. Allowing insider trading would annihilate the concept of a level playing field in the market. Altucher says hogwash. That's just an illusion. 'There's already no level playing field,' he says. This problem of insider trading is 'so widespread' retail investors are already at a disadvantage."

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America on a "Shaky Bridge Over a Volcano"

Michael E. Douroux — Mon, 26 Oct 2009 12:46:03 -0400

http://finance.yahoo.com/tech-ticker/article/360584/America-on-a-%22Shaky-Bridge-Over-a-Volcano%22-Leo-Tilman-Says?tickers=dia,spy,xlf,%5Edji,%5EGSPC,TBT,GLD

Now Online...

www.financialconservation.com

Nouriel Roubini: Big Crash Coming

Michael E. Douroux — Mon, 26 Oct 2009 10:39:25 -0400

http://finance.yahoo.com/news/Nouriel-Roubini-Big-Crash-indexuniverse-1323647540.html?x=0

Now Online...

www.financialconservation.com

PBS Frontline - "The Warning"

Michael E. Douroux — Thu, 22 Oct 2009 13:29:46 -0400

http://www.pbs.org/wgbh/pages/frontline/warning/view/

Time to start thinking Financial Conservation!

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The Next Big Bailout? FHA Facing "Cataclysmic" Default Rates

Michael E. Douroux — Wed, 14 Oct 2009 13:37:46 -0400

http://finance.yahoo.com/tech-ticker/article/352663/The-Next-Big-Bailout-FHA-Facing-%22Cataclysmic%22-Default-Rates?tickers=FNM,FRE,XHB,TOL,PHM,LEN,XLF

Now Online...

www.financialconservation.com

Housing Better But Has Not Bottomed

Michael E. Douroux — Wed, 14 Oct 2009 13:15:49 -0400

http://finance.yahoo.com/tech-ticker/article/352636/Housing-Better-But-Has-Not-Bottomed-Tilson-Says?tickers=kbh,hov,len,xhb,hd,fnm,fre

Now Online...

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The Golden Rule of Business

Jay Coen Gilbert — Mon, 28 Sep 2009 16:39:37 -0400

Do business with others as you would have them do business with you.

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"Bernanke Is Wrong! The Economy Is Getting Worse, Not Better" - Yahoo! Finance

Michael E. Douroux — Thu, 24 Sep 2009 18:23:07 -0400

http://finance.yahoo.com/tech-ticker/article/342659/Bernanke-Is-Wrong!-The-Economy-Is-Getting-Worse-Not-Better-Schiff-Says?tickers=%5EDJI,%5EGSPC,SPY,DIA,TBT,UDN,GLD&sec=topStories&pos=9&asset=&ccode=

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"Dow Unchanged Since 9/11 But Don't Bet Against America" - Yahoo! Finance

Michael E. Douroux — Sat, 19 Sep 2009 10:20:48 -0400

http://finance.yahoo.com/tech-ticker/article/330627/Dow-Unchanged-Since-911-

NowOnline...

www.financialconservation.com

NBC Doesn't Understand Community

David Lidsky — Wed, 12 Aug 2009 04:31:54 -0400

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Listening Posts

Danny Brown — Mon, 27 Jul 2009 17:48:51 -0400

When was the last time someone asked you what you want? What you’d prefer to have, over what their perception thinks you’d like to have? Are you looked after by the services you use on a regular basis? If not, why not – isn’t it about time you were?

I’m a business owner, but I’m also a consumer and a customer. So why am I told what I need instead of being asked what I need, as a customer?

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Why Community Is the Secret to Being One of the "Good Guys" in Business

Melinda Partin — Wed, 22 Jul 2009 15:32:34 -0400

The limitless access to information today has created a more educated consumer base. Truth and transparency have become de facto for businesses. Consumers no longer buy just a product or service. They are committing to brands and buying stories that resonate with them.
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Happy July 4th from the Bridge

Julie Sue Auslander — Wed, 01 Jul 2009 23:43:32 -0400

Rama is facing a dilemma of how to cross the ocean to Lanka, where his abducted wife, Sita, is being held captive by the demon king, Ravana. Praying to Varuna, the Lord of Oceans, does no good. Varuna does not respond. Rama arises so enraged by the God's arrogance that with his bow and arrow he angrily begins attacking the oceans with celestial weapons—burning up the waters and killing its life and creatures. The Vanaras (Monkeys) are dazzled and fearful at witnessing the enraged Rama demolish the oceans.
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Canadian Funding Corporation Provides Innovative Loans

Canadian Funding Corporation — Thu, 25 Jun 2009 15:00:22 -0400

At Canadian Funding Corporation we pride ourselves on being a team of real estate and mortgage lending experts who have come together to fund deals that many regular lending institutions often overlook. We also love to share - actually we feel it is our duty to share - information with others on housing matters that concern the wider community which is why we, at Canadian Funding Corp. are grateful for the opportunity to post on the Fast Company Blog.

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Canadian Funding Corp: Affordable Housing at Pallister Court, Ottawa, Canada

Canadian Funding Corporation — Thu, 25 Jun 2009 11:55:49 -0400

Affordable housing is important to the ideals of Canadian Funding Corp. This post relates what happened after a vacant lot in Nepean’s Centrepointe neighbourhood was declared as surplus. Ottawa allocated it for affordable housing development and issued a call for proposals.

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Think of Change as the Constant - Not the Variable...

Michael E. Douroux — Wed, 17 Jun 2009 12:31:30 -0400

Now Online...

www.financialconservation.com

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WeCommune: Social Networking for Communes

Ariel Schwartz — Tue, 16 Jun 2009 16:49:12 -0400

Thought communes died along with other hippie ideals decades ago? Wrong. WeCommune, a piece of networking software launching this week, is banking on the resurgence of grassroots organizing.
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