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Faith-based Community Organization Focuses Anger at $700 Billion Wall Street Bail Out

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A Bay Area (California) organization of English and Spanish speaking churches met to call for a systematic approach to dealing with the mortgage crisis: requiring banks that receive bailout money to adopt protocols like lowering interest rates and reducing mortgage balances to make payment

A few things

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  1. If acorns are a folklore indicator of the winter forecast, it’s going to be really cold. I expect about three feet of snow this winter in Tennessee. (Well, maybe not three feet…)
  2. 100. That’s the electoral vote margin I believe Obama will get. Technically, that’s considered a landslide, I believe.

Fixing America's Economic Problems

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Franklin , Tennessee - BVD was looking over his stock report , , , , again.

Jerry : What's wrong big guy ?
BVD : Ooooooh maaaaaaan , long sigh , Americans are looking to their politicians to fix their economic problems
Jerry : Explain please

In 1929, They Were At Least Good Enough to Jump off Ledges

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Not ask for another hand-out.
The more things change, the more they stay the same.  Take away economic regulation, and let “conservative” financial players run things, and you wind up with over-extended, over-leveraged, economies, just waiting to collapse.   Add in the Fed keeping interest rates low to fuel the housing bubble, just to convince everyone [...]

“We’re sitting on a Financial Powder Keg” — Richard C. Shelby. Democrats declare Socialism is the answer.

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As in, we’re living on the edge of a financial crisis that’s getting ready to blow.
Our economy is so stressed there’s nothing the U.S. Government can do to fix it.
No more wiggle room on interest rates. They’ve been lowered to combat the mortgage crisis, and to fight the specter of a recession.
Because we can’t raise [...]

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