Posts Tagged ‘obama’
When the creditors and banks come calling for their money, it’s time to give ‘em a lesson.
Duration : 0:2:5
PLEASE SUBSCRIBE!!!!! http://nwotruth.com/greece-hires-former-goldman-banker-as-debt-chief/ http://www.spiegel.de/international/europe/0,1518,676634,00.html http://www.ft.com/cms/s/0/f90bca10-1679-11df-bf44-00144feab49a.html Greece replaced its debt management chief with a former Goldman Sachs Group Inc. investment banker, as declines in the countrys bonds roil European markets.
Petros Christodoulou took over from Spyros Papanicolaou as head of the Athens-based Public debt management Agency, the Finance Ministry said yesterday in an e-mail. Christodoulou held positions in global markets at Credit Suisse Group AG, Goldman Sachs and JPMorgan Chase & Co. before joining National Bank of Greece in 1998, according to a company filing.
The incoming guy is walking into a tough mandate, said Charles Diebel, senior interest-rate strategist at Nomura International Plc in London. Such is the sentiment towards Greece at the moment, a new broom could be a positive. Goldman Sachs helped the Greek government to mask the true extent of its deficit with the help of a derivatives deal that legally circumvented the EU Maastricht deficit rules. At some point the so-called cross currency swaps will mature, and swell the country’s already bloated deficit.
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Duration : 0:9:59
President Obama’s newly formed Commission on Fiscal Responsibility and Reform met today. Alyona’s guess, the number one topic today was the release of the Congressional Budget Office’s long-term budget outlook report. According to this report, by the end of this year, the federal debt will represent sixty-two percent of the nation’s economy, the highest levels since just after WWII. Alyona asks, what about the stimulus spending that some claim we need to nurse our economy back to health. Taking a look at the consensus from economists at the G20 there is absolutely no consensus. So Alyona asks, to spend or not to spend. Here to discuss this is Nicki Kurokawa from The Winston Group, and Christian Dorsey the Director of External and Government Affairs Economic Policy Institute.
Duration : 0:9:0
Maxed Out takes viewers on a journey deep inside the American style of debt, where things seem fine as long as the minimum monthly payment arrives on time. With coverage that spans from small American towns all the way to the White House, the film shows how the modern financial industry really works, explains the true definition of “preferred customer” and tells us why the poor are getting poorer while the rich keep getting richer. Hilarious, shocking and incisive, Maxed Out paints a picture of a national nightmare which is all too real for most of us. Great for college students.
Duration : 0:2:15
Stand-up comedian Christian Finnegan on Countdown with Keith olbermann discusses politics with guest host Rachel Maddow. Black president from TV show 24 supports Barack Obama; Eric Estrada endorses John Mccain. Rudy Giuliani upstages Mccain. Cindy Mccain huge credit card debt.
Duration : 0:4:37
Debating whether the United States has gone too far in accumulating debt, with Dan Mitchell, Cato Institute; Christian Weller, Center for American Progress; and CNBC’s Erin Burnett.
Duration : 0:6:34
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The scammers are trying to scare you into using a credit card
http://www.kiplinger.com/magazine/archives/2009/11/debit-card.html
Joan GoldWasser
jgoldwasser@kiplinger.com
Questions for Joan:
What happens if Im late when I use my credit card?
What if I spend more than I can pay off?
If I pay for things with the money I have, do I still get to have the banks financially rape me with interest and fees?
Dollar
http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca.481&show_article=1
The dollar is being dumped right in front of our eyes
http://bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o
Fundamentals for our economy are getting even worse
http://www.usatoday.com/money/economy/2009-10-11-consumer-spending_N.htm
The truth
http://globaleconomicanalysis.blogspot.com/2009/10/precipitous-drop-in-state-tax.html
youtube.com/user/Victoryindependence
Stocks
Silver
youtube.com/user/stellaconcepts
Economic data and let off some steam 
youtube.com/user/walstreetpro2
Economic updates
youtube.com/user/Kittenkattan
Economic updates
youtube.com/user/davincij15
Raw News that the media wont touch
youtube.com/user/inflationus
Economic updates
youtube.com/user/DEMCAD
macro-economic updates (INFLATION)
youtube.com/user/jberni1
Duration : 0:5:44