from thebigpicture
Cramer: “People Like Overpaying!”By Rick Ambrose - November 22nd, 2009, 7:30PM (CCN Englewood Cliffs NJ)
With The Dow at new highs of 10440, CNBC¹s resident revisionist historian Jim Cramer encouraged what remains of...
*If there ever were two individuals responsible for our financial crisis, Greenspan and Gramm are kindred spirits. Greenspan managed to convince Gramm (I'm sure without ANY armtwisting whatsoever) that laws that were created to protect american...
Most of the blogosphere has been skeptical of the rally in equities since the beginning, with ZeroHedge pointing out that the rise can be attributed, basically, to free money courtesy of the Federal Reserve, and aided and abetted by High...
Larry Elliott on the follow-up to Freakonomics
It's 2005 and America is booming. House prices are up, unemployment is down, growth is strong. Alan Greenspan is at the controls and all is right with the world. All the big economic problems have...
Fred Sheehan clearly dislikes former Fed chairman Alan Greenspan even more than yours truly, now having written two books on the subject. Recently released Panderer to Power:
The True Story of How Alan Greenspan Enriched Wall Street and Left a...
Speaking in Edmonton today, Alan Greenspan said that the U.S. is feeling the “maximum impact” now from the federal government’s $787B in fiscal stimulus.
If the maximum impact gives us 10.3% official unemployment and 17.5% real...
Former Federal Reserve Chairman Alan
Greenspan said a rebound in stocks is “re-liquifying” the U.S.
economy and housing prices are showing early indications of
ending their decline.
With only few companies left to report earnings for the third quarter, some striking trends are apparent in the data.
For four consecutive weeks the % positive surprises have held steady at between 80% and 85%.
This is the highest quarterly...
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