"The additional 30,000 troops for Afghanistan will cost an additional $30 billion per year, or roughly $1 million per soldier per year. (It's an extraordinary sum especially considering how relatively little enlisted soldiers are ...READ»
or "The United States of Wussess"? Read on...
http://finance.yahoo.com/tech-ticker/article/382117/The-United-States-of-Wusses?tickers=SPY,DIA,XLF,EEM,%5EDJI,%5EIXIC,QQQQ
Now Online...
www.financialconservation.comREAD»
As indicated in my previous post, in its struggle to get back to reality, Japan has finally brought in a new breed of politician who is actually delivering on the campaign promise of bringing real transparency to how government spends ...READ»
Japanese flock to first-ever open budget debate"In a major break with the past, new Prime Minister Yukio Hatoyama has introduced a public review of the budget. His party, which ousted the long-ruling conservatives in August, has ...READ»
The Fed stated in documents released from it closed-door meeting held earlier this month that in its efforts to fuel the recovery it is holding to its bank lending rate at basically zero. It acknowledged that there is the possibility, ...READ»
"The post-op on the great crash of 2008 continued in Washington Thursday as the Joint Economic Committee (JEC) held a hearing on financial reform.
'Unfortunately, the regulatory regime that failed so terribly leading up to the ...READ»
Bull:Liz Ann Sonders, chief market strategist at Charles Schwab, represents the more bullish point of view saying, "It's very clear we're in the midst of a V-shaped recovery." Tech Ticker credits Ms. Sonders with keeping its viewers ...READ»
"Repealing Glass-Steagall was 'obnoxious' and a bipartisan 'absurdity'...The end result of the repeal was you have 'taxpayers subsidizing risk-taking' on Wall Street...'It's the most anti-capitalist thing I've ever heard of in my ...READ»
"The unemployment rate now stands at 10.2%, yet stocks are at a 2009 high. The bulls will tell you not to worry; the unemployment rate is a lagging indicator. True as that may be, Charlie Gasparino author of The Sellout, has a word of ...READ»
"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 ...READ»
"...upgrading the 401(k) alone won't save the nation's retirement-savings problem. Here's why: Remember, the biggest factor in whether the 401(k) works as designed has to do with when you retire. If the market rises that year, you're ...READ»
"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.'
Black, a ...READ»
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 ...READ»
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 ...READ»
"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." ...READ»
"PIMCO's Bill Gross with a great monthly letter. Here are the key points:- Over the past 30 years, paper asset prices rose 2X as much as they should have based on economic fundamentals- This was the result of leverage-The asset price ...READ»
"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 ...READ»
"A year after the financial collapse of 2008, indeed some firms are reigning in risky behavior.'But, the rest of the financial industry does not warrant as much optimism,' says Leo Tilman, president of L.M. Tilman & Co. and author ...READ»
"Dr. Nouriel Roubini, professor of economics and international business at the Stern School of Business at NYU and chairman of RGE Monitor, is perhaps best known for his prescient predictions of the financial market collapse in ...READ»
http://www.pbs.org/wgbh/pages/frontline/warning/view/Time to start thinking Financial Conservation!An infinite amount of time and resources are spent in making the language of conservation universal in its reach. As a result, the ...READ»
