Archive - Oct 20, 2009 - Blog entry
What's Wrong With America: Part I
Submitted by Econophile on 10/20/2009 23:12 -0500If you moved music stands at Carnegie Hall for a living, you might think you were lucky to get the job. You get to work with the some of the greatest musical talents of our time. And, the work isn't that hard. Maybe even fun to be around all that genius. But what if you made $530,000 a year doing it. Now, THAT would be fun. Maybe board president Sandy Weill doesn't think that's so much. After all, it is the Big Apple.
Biden: "It's a Depression For Millions of Americans"
Submitted by George Washington on 10/20/2009 18:07 -0500What do you think?
Patrick Parkinson: A Case Study in How to Get Promoted at the Fed
Submitted by EB on 10/20/2009 16:37 -0500Track the career of the man who in 1999 testified to Congress against derivatives regulation on behalf of the Fed and PPT, only to recant in 2008, then become Fed's Director of Banking Supervision.
Hussman: Average Americans Are Getting Scalped So That Bondholders Can Be Saved from Taking a Haircut
Submitted by George Washington on 10/20/2009 13:55 -0500The government rescued bondholders so they wouldn't have to take a haircut.
Everyday Americans? We've been scalped ...
