Tag Archives: Finance

Reflections on the State of the U.S. Econmy

It is bad out there would be to put it mildly but that’s the cold hard truth. U.S. economy is hurting and there is no glimmer of hope. People are losing their jobs, their homes and their mind left and right. It’s an adjustment phase that is making us reconsider the way we look at [...]

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Economy in the Tank but CEOs get a Pay Raise

If you were the CEO of Merrill Lynch, you made $83 Million joining a company that has been badly hit by the worsening U.S Economy. AP did a survey on the salaries and signing bonuses given to CEOs and found out that even though the economy is in the tank, CEOs seem to be doing [...]

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David Walker on CBS 60 Minutes

This video is little old but I think I am right when I say that we have started to see the affects of everything he is talking about in the stock market these days. Credit crunch is the result of fiscal irresponsibility and someone has to pay for it. David Walker, the US Comptroller General [...]

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