America's Financial Future

Sunny Bal’s first post to JustOneOpinion.com elicited several insightful comments and questions, none better than those from Jon Waalkes. In particular, Jon asked, “I look forward to hearing your personal opinion on the way out of this recession –… Read the rest

National Banks of America?

The concept of nationalizing any major industry, especially banks and energy companies, has always had a strong negative connotation in America. The political culture has always associated “nationalization” with “socialism,” and socialism, like “communism,” is an economic concept that… Read the rest

Who is Peter Schiff and why didn’t we listen to him?

If you have a circle of Internet friends, you are probably covered up with forwarded opinion pieces every day, as I am. The current financial crisis gives almost everyone a bully pulpit of righteous indignation, and keyboards are smoking.… Read the rest

A very presidential President-elect

President-elect  Barack Obama has fulfilled his campaign promise to be non-partisan in his Cabinet and departmental appointments. 

Obama named Paul Volker, two-term chairman of the Federal Reserve under Presidents Carter and Reagan, as head of the White House executive… Read the rest

Paulson: "Give me a blank check – or else!"

The pressure to get the $700 Billion Wall Street Relief Program through Congress is unrelenting. President George Bush and Secretary of the Treasury Hank Paulson are threatening us with a total collapse of the US banking and financial… Read the rest

More homeowners face financial ruin

The Bush Administration and Congress continue to slog along, trying to come up with something that they hope will get the economy moving again. They finally understand that the core of our current problems continues to be the continuing… Read the rest

The Bush Administration is a joke

Federal Reserve chief, Ben Bernanke, spoke today and finally admitted that the country “might be” heading toward a recession.  Is he for real?  Is he just now realizing what everyone else in the country (with the possible exception of… Read the rest

Bush finally admits that the economy is not too good

Back on January 18th, I commented on this blog that President George W. Bush and the folks at the Federal Reserve had sewn the seeds of recession and that it was already upon us.

Since then the Fed has… Read the rest

Bush's sinking economy is drowning us all

It’s been awhile since I updated this blog, but some of my enthusiastic readers may remember my post back on December 11th when I chided the Federal Reserve for its half-hearted attempts to avoid a recession.

Well folks, it’s… Read the rest

The Fed Takes a Baby Step

Readers of this column know that I blame the Federal Reserve for lighting the fire that led to the housing crash and the overall slowdown of the economy.  I keep hoping that they will see the error of their… Read the rest

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