If you’re prescribed blood pressure medication, take it now before watching. As Ace points out, there is math in the video. Don’t let it worry you and stay with it. In fact, the math is what sets the point made in the video in complete context. Before you see it, remember who is in charge of the Treasury. Remember who had been previously in charge | Read More »
About a year or so ago, Secretary of Goldman Sachs the Treasury Henry Paulson warned the country about the nature of toxic assets, those securities, valued in the trillions of dollars, that were so dragging the entire financial industry into the toilet and the country towards another economic depression, forcing the government to bail out several banks, bail out insurance giant AIG, and bail out | Read More »
Part I is here. Full disclosure; I am not an economist or an accountant, nor do I play those parts on TV. The opinions expressed below are mine and are based on observation and reading. As mentioned in Part I, Treasury Secretary “Tax Cheat” Geithner finally came up with more details on how the government plans to work out the mess in the financial and | Read More »
Full disclosure; I am not an economist or an accountant, nor do I play those parts on TV. The opinions expressed below are mine and are based on observation and reading. Treasury Secretary “Tax Cheat” Geithner finally unveiled his plan to get the credit and banking systems moving again by getting the federal government and private entities (backed by the federal government, including the Fed) | Read More »
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