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Category: U.S. Economy

Obama: It's The Fault of Congress/Republicans That We're In This Economic Mess

Permalink 08/21/11 10:05, by OGRE, Categories: Welcome, News, Background, On the web, Politics, Stimulus Spending, U.S. Economy
According to Obama, the Republicans in Congress are the reason that we are in this mess. Obama is hopeful that the American people have a very short memory and won't pin the blame where it belongs. Speaking in the key election state of Iowa, Democr… more »
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Too Big To Fail, or Too Big To Function?

Permalink 08/05/11 17:20, by OGRE, Categories: Welcome, News, Background, In real life, On the web, History, Politics, Stimulus Spending, U.S. Economy, Financial Reform Legislation
Is the US government "Too Big To Fail?" As I see it, Too Big to Fail means "Too Big to Function" I think the term was coined to encompass a situation where poor decisions land an abnormally large group of people in a bad situation. The answer (at lea… more »
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Planned Obsolescence

Permalink 08/05/11 06:02, by OGRE, Categories: Welcome, News, Background, In real life, On the web, History, Politics, Stimulus Spending, U.S. Economy, Financial Reform Legislation
It's already starting; Moodys is starting to point to a downgrade in the US "AAA" bond rating. Strange considering that borrowing more was supposed to fix the credit problem. The US is starting to operate a lot like General Motors. The government has ma… more »
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Why Can't The US Government Get Out of The Housing Market?

Permalink 07/22/11 17:02, by OGRE, Categories: Welcome, News, Background, Fun, Strange_News, U.S. Economy
The government is thinking of turning foreclosed homes into rental properties. The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar… more »
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Social InSecurity

Permalink 07/22/11 12:20, by OGRE, Categories: Welcome, Background, In real life, Politics, U.S. Economy
If you thought that Social Security is solvent; check this out. Factcheck.org Some senior Democrats are claiming that Social Security does not contribute "one penny" to the federal deficit. That’s not true. The fact is, the federal government ha… more »
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I believe that for the United States of America to survive, we will have to get back to our roots.

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