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Ben Bernanke, Henry Paulson prepare for bank bailout
And, no disrespect intended Don, Don Bauder is a journalist and investigative reporter. He's not an economist, award winning or otherwise. === ====== ==== I think the "economist" comment is way off base. If I received a degree in economics from the University of Chicago and then went to work for a newspaper I would still be a highly trained economist. Don went to Wisconsin I believe, and if he has an econ degree he is qualified. Even without an econ degree I would trust him far more than the chimps we currenty have running the show.— October 16, 2008 8:32 a.m.
Ben Bernanke, Henry Paulson prepare for bank bailout
How about Warren Buffett, Paul Krugman and Don Bauder as economic advisors to President Obama? ============================ I nominate Dr. Frazier Crane. Kelsey Grammer was actually being interviewed by one of the cable news networks for his advice on the crashing markets last week... ============================ . . . . . A blind folder monkey throwing darts at a dart board would have more success than the chimp we have in the White House today(and his "advisors" )— October 16, 2008 8:29 a.m.
Mayor Sanders Reveals His Administration's Ignorance, Lack of Economic Vigilance
The crisis of confidence has destroyed about $27 trillion of value in the global stock market in the past year. That isn't a typographical error. The combined market capitalization of the world's publicly traded companies is down to about $36 trillion, from a high of $63 trillion reached a year ago, according to data compiled by Bloomberg. === ======= Found this today-pretty scary numbers. http://www.bloomberg.com/apps/news?pid=20601039&s…— October 16, 2008 8:26 a.m.
Mayor Sanders Reveals His Administration's Ignorance, Lack of Economic Vigilance
Well I can tell you this, I think SD is going BK. I think CV is going BK. I think it will happen sooner rather than later. There won't be $100 million dollars of tobacco lawsuit settlement money band-aid plug to the tsunami this time around. The market dropped 733 today, and I think there is a good chance it will drop below 8K tomorrow. That is close to a 50% drop in value over the 14K+ high in 2006. You think we had pension fund and healthcare funding problems in the last few years-that is a hiccup compared to the coming 24 months. There is no safety net left. Tax increases on the poor and small middle cass will not work in a deep recession/depression. Nope, we are in very dangerous time folks, something this country has not seen since the 30's. It is dangerous and it is scary. Very scary. I think it also might cause social unrest and uprisings-especially if the poor end up shoring up the Cadillac pensions of the top 5% income government employees. Vallejo style BK is just around the corner. Because something is going to have to give-and this time I think around taxpayers are not going to allow themselves to be ripped off.— October 15, 2008 8:11 p.m.
Mayor Sanders Reveals His Administration's Ignorance, Lack of Economic Vigilance
Then he revealed his ignorance: "The economic calamity that began on Wall Street is now hitting home," he declared. ===================================== I didn't vote for this stooge. If Goldsmith wins the CA's race he will be saying the same thing in 18 months; "I didn't understand the magnatude of the pension mess", and then he will say this; "It was a good idea in hindsight to go to court over the pensions, but I dropped the ball by dropping the pension case". I voted for Francis and I am voting for Mike. We need action, no more Chicken Little Sanders.— October 15, 2008 2:07 p.m.
Lawsuits Filed Across Nation Against Countrywide Will Be Heard in San Diego
Who will get the MDL case I wonder?? Hopefully not Marilyn Louise Huff. I have to laugh that "the court has the capacity to handle the cases". This district is so over run with cases it is not even funny.— October 14, 2008 9:09 p.m.
Chargers Fans, Relax; There's Not Much Money for Sports, Says Wall Street's Journal
Good!— October 14, 2008 12:26 p.m.
Is Socialism Seductive? Or Was Today's Huge Rally More of a Technical Bounce?
"Back in 1990, the government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it. They failed and it closed. Now we are trusting the economy of our country to a pack of nitwits who couldn't make money running a whore house and selling booze? Whew!!" ========================= LOL. That is would be pretty funny, if it were not true. Unfortunately it is true. BTW, today was the one day largest point gain, but was it the one day largest % gain????— October 13, 2008 3:12 p.m.
Bauder recommends to go short in San Diego real estate
Home Equity line of credit?— October 11, 2008 10:43 p.m.
Bauder recommends to go short in San Diego real estate
HELOC=??— October 11, 2008 10:42 p.m.