In school house rock format, this video gives good details on banking vocab.
I personally don’t trust bonds, especially with the discussion of American money being used within 10 years but hay, check it out, I could be just paranoid….
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Article Value: 3% [?]

 
Summit pledge to ‘restore growth’ [BBC]
World leaders seek to head off deep recession [MSNBC]
Hundreds protest as world leaders meet [Washington Post]
img via Huffington Post 
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Article Value: 11% [?]

This site Wall Stats breaks it down as basic as possible. And I’ll try to find some documentation in “regulease” to explain how it was actually “$5 Trillion” and how most of that was spent for a new bloated 2009 miliarty budget. (I don’t even want to know).
[The Wall Stats]

This site does explain [...]

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Around this time, last year there was fear of a credit crisis. The news scared the public that the markets (at the time) were going goofy because of credit cards. 3 months later Bernie cut the rates, and the Stimulus Check seduction came into play. 3 Months after that, banks started folding and the [...]

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Of course most are saying the “Bailout failed?!” After weeks of complaints of not being supportive of bailing out rich people…now the down dropped, everyone was supportive of this? Wth? My take on all of this…something.doesn’t smell right. Either you sign the bill and give a business total control of this country or let [...]

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Hearing the news WAMU has gone under… good riddance. Being called the worst bank failure in American history. Well it should because they might have had the worse customer service, since forever. My series of unscrupulous activity with them led me to wonder how is it there was no civil suit? I then [...]

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Thanks for bearing with me while I move my site to a new server. I lost a good amount of new posts in the process so, Ill give a Blubs to round all that off.
As for this bailout hearing, basically, like earlier this year the Bank Boys try to justify why companies, who [...]

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Last night Sean “Jay-Z” Carter, Beyonce (Carter), Kevin Lyles and other Hip Hop notables came out to support the New Yorkers For Children. NYFC is non for profit organization, that works with New York’s child welfare community. NYFC has developed programs that make a difference in the lives of young people including college scholarships, tutoring [...]

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In one of the most dramatic days in Wall Street’s history, Merrill Lynch agreed to sell itself to Bank of America for roughly $50 billion to avert a deepening financial crisis, while another prominent securities firm, Lehman Brothers, hurtled toward liquidation after it failed to find a buyer, people briefed on the deals said.
The humbling [...]

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“I’m on to you speculators. I’m not your puppet. I’ll freak out when I feel like it……okay, now”
It would seem normal to bring up the whole mess with the buyouts and the markets and the debt,etc. True these past few weeks have been a mess. Granted I was outta town enjoying Cali. During the [...]

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