Posted on July 24, 2009 by MoneyBob
Congressman Ron Paul is “very pessimistic” about the state of the economy, largely because – from his view – the Obama Administration “continues to do the things that created the problem in the first place.”Long a proponent of small government and a staunch opponent of the Federal Reserve system, Paul’s main point is that increased [...]
Filed under: Deflation, Economy, Inflation, Interest Rates, MoneyBob Postings, Yahoo Finance, economics | Tagged: business, economics, Economy, finance, government, Obama, politics, Ron Paul | 1 Comment »
Posted on July 11, 2009 by MoneyBob
With the U.S. already “teetering on $62 trillion of debt,” this is a very dangerous game, says Charles Ortel, managing director of Newport Value Partners, an independent research firm.He also worries the Obama administration is waging a “war on capitalism,” but doesn’t give President Bush high marks on that front either.As to the Keynesian argument [...]
Filed under: Credit Crunch, Deflation, Depression, Dooms Day, Economy, MoneyBob Postings, Treasury Department, economics | Tagged: Deflation, infrastructure, Japan, spending, stimulus | Leave a Comment »
Posted on July 11, 2009 by MoneyBob
The government is “doing as much possible to increase amount of taxes it receives,”. “It will increase revenues, any way they can – starting from all business and then the consumers. We are in a massive tax and spend environment. more about “The Gov’s Tax Revenues are down 25% -…“, posted with vodpod
Filed under: Credit Crunch, Debt Management, Economy, Investing, Middle Class, MoneyBob Postings, Taxes, Yahoo Finance, economics | Tagged: government, Middle Class, Obama, Shared Prosperity, Taxes | Leave a Comment »
