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Financial Meltdown

Which Is Worse For Green Energy? Cheap Oil Or Financial Crisis

The Wall Street Journal | Keith Johnson | Posted 11.16.2008 | Green

Read More: Energy, T. Boone Pickens, Tesla Motors, Crude Oil Prices, Alternative Energy, Cheap Oil, Oil Prices, Oil, Environment, Financial Crisis, Clean Energy, Opec, Financial Meltdown, Green News

Oil prices plummeted again Thursday, falling under $70 a barrel for the first time in more than a year. That kicked OPEC into action--the oil cartel...

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Please Stop With The Main Street-Versus-Wall Street Rhetoric

Lionel Beehner | Posted 11.13.2008 | Politics

Read More: Financial Crisis, Wall Street Crisis, Financial Meltdown, Wall Street, Main Street, Politics News
Lionel Beehner

The problem with this turn of phrase, besides dumbing down our discourse or sounding cliché, is that it assumes a good-versus-evil duality to the financial problem at hand.

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Declaring War on the Meltdown/Part 2: Taking on Debt For Infrastructure

Alan Fein | Posted 11.13.2008 | Business

Read More: Politics, Obama, Mccain, Economic Crisis, Economy, Financial Meltdown, Meltdown, Infrastructure, Federal Deficit, Bailout, Barack Obama, National Infrastructure, Federal Debt, Financial Crisis, Congressional Bailout Package, 2008 Presidential Election, Business News
Alan Fein

In bad times like these, the government has to spend money to build things that we desperately need: roads, bridges, schools, courthouses, sanitation systems and a new energy infrastructure.

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The World Is at Severe Risk of a Global Systemic Financial Meltdown and a Severe Global Depression

Nouriel Roubini | Posted 11.11.2008 | Business

Read More: Financial Bailout, Financial Meltdown, Financial Crisis, Global Financial Crisis, Credit Crisis, Credit Markets, Housing Crisis, Business News
Nouriel Roubini

It will take a significant change in leadership of economic policy and very radical, coordinated policy actions among all advanced and emerging market economies to avoid this economic and financial disaster.

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Alan Greenspan Has Written His Own Epitaph

Joseph A. Palermo | Posted 11.09.2008 | Business

Read More: Wall Street Crisis, Alan Greenspan, Economics, Milton Friedman, Financial Meltdown, Ayn Rand, Business News
Joseph A. Palermo

I guess it is too much to ask a multimillionaire economist to lower himself and pick up a book about how American society has actually worked in the past, instead of relying on his ideological wet dreams.

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Little Scrutiny of Rapid Financial Rule Changes

ProPublica | Posted 11.08.2008 | Business

Read More: Fdic, Federal Reserve, Wall Street Crisis, Business, Financial Meltdown, Barney Frank, Business News
ProPublica

The Wall Street Journal notes that the new rules have something else in common: The "details are almost always hashed out behind closed doors."

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Kicking That Dining Out Habit: What to Cook During a Financial Meltdown

Laura Weiss | Posted 11.06.2008 | Style

Read More: Food, Financial Meltdown, Recipes, Grocery Shopping, Wall Street, Eating Out, Restaurants, Style News
Laura Weiss

With growing numbers of budget-conscious Americans cutting back on restaurant dining... eating at home is emerging as an attractive option.

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Bin Laden Used a Similar Strategy to Decimate American Capitalism as Reagan Used to Hasten End of Soviet Communism

Miles Mogulescu | Posted 11.06.2008 | Politics

Read More: Fall of Soviet Empire, Government Bailout, War on Terror, Barack Obama Wall Street Crisis, Economy, Global War on Terror, Bailout Plan, Iraq War Funding, Bailout Bill, Osama Bin Laden, Al Qaeda, US Economy, Bush Economy, Iraq War, Financial Meltdown, John McCain Wall Street Crisis, Financial Crisis, Soviet Union, Politics News
Miles Mogulescu

Both men used the same strategy: scare them into an arms race which they couldn't afford and which would undermine the very fabric of their economic, social and political system.

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The Smartest Guys on Wall Street

Joseph A. Palermo | Posted 11.06.2008 | Business

Read More: John McCain, Alan Greenspan, Wall Street Crisis, Financial Meltdown, Sarah Palin, Enron, Business News
Joseph A. Palermo

We seem to have learned nothing from Enron. And we probably won't learn anything from the latest Wall Street catastrophe either.

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The Political Roots of the Financial Crisis

Jay Mandle | Posted 11.03.2008 | Business

Read More: Politics News, Wall Street Crisis, Financial Meltdown, Wall Street, Business News
Jay Mandle

Over the last twenty-five years, Wall Street has been able to achieve its primary political goal: the erosion of the regulatory mechanisms put in place by the New Deal.

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Credit Crisis Looms Over Silicon Valley

New York Times | BRAD STONE and CLAIRE CAIN MILLER | Posted 11.02.2008 | Business

Read More: Google, Financial Crisis, Silicon Valley, Financial Meltdown, Yahoo, Business News

Since the credit crisis began gripping the financial world, Silicon Valley has watched from the sidelines, secure in the faith that it was insulated f...

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Don't touch the stock market

Diane Francis | Posted 11.01.2008 | Business

Read More: Warren Bufffett, Wall Street Crisis, Bailout, Wall Street, Hedge Funds, FInancial Markets, Meltdown, Financial Meltdown, Rescue, Hedge Fund Collapse, Financial Crisis, Billionaires, Personal Finance, Economy, Mutual Funds, Dumping Stocks, Stock Investments, Federal Reserve, Housing Crisis, Business News
Diane Francis

Here's my latest warning: Do not be lulled into buying equities because there was a bounce in markets, where some losses were recouped. Or buying bec...

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America's Blown it, Bring in a Global System

Diane Francis | Posted 10.31.2008 | Business

Read More: Wall Street Crisis, Politics, Gold Prices, Deflation, Financial Meltdown, Global Crisis, Washington, Financial Crisis, Bank Bailout, Canada, Jim Cramer, T-Bills, Business News
Diane Francis

The world is very nervous because America's political rigamordis means that 25% of the global GDP cannot be repaired or even managed.

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Jed Lewison

Obama: McCain's Economic Crisis Response "Katrina-Like...Just Sorta Stood There"

HuffingtonPost.com | Jed Lewison | Posted 10.29.2008 | Politics

Read More: Politics News, Video, John McCain, Financial Meltdown, Katrina, Bailout, Barack Obama, Crisis, Politics News

Barack Obama rolls out a new line during a rally in Michigan on Sunday, saying John McCain's response to the financial meltdown was "Katrina-like": S...

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No, Erin Burnett, We Are Not "All Responsible" for this Mess

Paul Abrams | Posted 10.26.2008 | Business

Read More: Home Ownership, Cnbc, Erin Burnett, Financial Meltdown, Economy, Business News
Paul Abrams

The reason we are not all responsible is the same reason teenagers are not responsible for becoming addicted to cigarettes.

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America Rewards Incompetence

Grant Cardone | Posted 10.26.2008 | Business

Read More: Henry Paulson, Ben Bernanke, Markets, Economics, Wall Street, Financial Meltdown, Business News
Grant Cardone

If you end up with a drug or alcohol problem should the government send you to treatment and then hang in there with you until you are all cleaned up?

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Now That's Change We Can Believe In!

Joseph A. Palermo | Posted 10.26.2008 | Politics

Read More: John McCain, Wall Street Crisis, Hank Paulson, Financial Meltdown, George W. Bush, Deregulation, Ben Bernanke, Grover Norquist, Barack Obama, Politics News
Joseph A. Palermo

Bush and McCain have undergone a total transformation. They have changed from being the most influential advocates for deregulating the economy into calling for a new regulatory regime.

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Democrats and Republicans Made The Mortgage Crisis -- Quit The Blame Game

Stephen C. Rose | Posted 10.25.2008 | Politics

Read More: Barack Obama 2008, Congressional Democrats, John McCain, Fannie, Bailout, Senate Republicans, Bill Clinton, Freddie, Sanford Weill, Fannie Mae Freddie Mac Bailout, Bob Rubin, Barack Obama, Financial Meltdown, Glass-Steagall, Mortgage Crisis, Politics News
Stephen C. Rose

By Stephen C. Rose There are two key pieces of evidence in the maelstrom we are now calling a meltdown -- but which began with a mortgage crisis. The...

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U.S. Monkeys Guard Financial Bananas

Diane Francis | Posted 10.24.2008 | Business

Read More: Wall Street Crisis, Goldman Sachs, Morgan Stanley, Meltdown, 9/11, Henry Paulson, Financial Crisis, Financial Meltdown, Economy, Business News
Diane Francis

America's financial 9/11 was self-inflicted as a result of by a stupid regime which believes in the dogma of the jungle.

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Ole Miss, New Miss, the Money Melt and the Cost of DADT

Aubrey Sarvis | Posted 10.24.2008 | Politics

Read More: Don't Ask Don't Tell, Gay Straight Alliance, Financial Meltdown, Ole Miss, Governor Ross Barnett, James Meredith, Admiral Jamie Barnett, Civil Rights, Cost, Integration, Politics News
Aubrey Sarvis

Why are we engaging in these absurd practices when our troops are exhausted, overextended, and deployed again and again after their tours have ended?

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Fifty Chimpanzees or One Toothless Gorilla

Deborah Senn | Posted 10.24.2008 | Business

Read More: Aig, Deregulation Crisis, Insurance, Congress, GLBA, Depression-Era, Phil Gramm, Policyholders, Economy, Senate Banking Committee, Cds, Credit Default Swaps, Capital Adequacy, Financial Securities, Wall Street, Commodity Futures Modernization Act, State Insurance Regulators, Deregulation, Financial Crisis, Bailout Cost, Gramm Leach Bliley Act, Financial Meltdown, Subsidiaries, Business News
Deborah Senn

AIG's financial meltdown this past week was not the result of failed insurance regulation. (Go ahead. Read that one more time, real slow.)

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Amnesty for Wall Street and Questioning Paulson's Motives

Cenk Uygur | Posted 10.23.2008 | Politics

Read More: Federal Bailout, Henry Paulson, Wall Street, Goldman Sachs, Hurricane Katrina, Lehman Brothers, Amnesty, Global Economic Collapse, Treasury Secretary, Financial Meltdown, Politics News
Cenk Uygur

The response to this situation has been as horrible as the Hurricane Katrina response. It's just that it's about finance, so not as many people easily understand it.

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This Federal Bailout Proposal is a Disaster

Cenk Uygur | Posted 10.20.2008 | Politics

Read More: Treasury Secretary, Henry Paulson, Barack Obama, Financial Meltdown, Bailout, George W. Bush, Financial Crisis, Toxic Assets, Wall Street, John McCain, Politics News
Cenk Uygur

I am so mad about this proposed federal bailout of Wall Street, I can't see straight. Do you understand what they're going to do? They are about to st...

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Socialism for Wall Street, Capitalism for Main Street

Joseph A. Palermo | Posted 06.02.2009 | Politics

Read More: Social Security, Merrill Lynch, Aig, John McCain, Kathleen Sebelius, Financial Meltdown, Lehman Brother, Economy, David Brooks, Ron Paul, George W. Bush, Charles Keating, Bear Stearns, Grover Norquist, Ponzi Scheme, Politics News
Joseph A. Palermo

Reagan is often looked upon as the Republicans' FDR. But Reagan sold the nation a bag of goods. We can finally see clearly the failed results of this three-decade experiment in laissez-faire capitalism.

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