It says that the banks and money men have WON. They have succeeded in (1) selling homes at hugely inflated prices, (2) drying up the capital so that businesses can operate and have to get rid of their employees, (3) being able to foreclose on the homes of the unemployed, (4) take a HUGE tax write off when they try to sell the foreclosed properties at prices drastically lower than the inflated loans they hold, and (5) re sell the properties to those fortunate enough to still have jobs. What a ripoff!.
For decades, the White House has had a policy to never, ever publicly comment on monetary policy. That’s because as other countries such as Argentina and pre euro Italy have amply illustrated the central bank needs to bepolitically independentin both practice and perception to function. For prices to remain stable in the long run, the public needs to genuinely believe that the central bank will be willing to do politically unpopular things (sometimes referred to as “taking the punch bowl away”) when economic conditions warrant..
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Most people are struggling mightily and it is a scary time for her country. We need a change in direction by electing Barack Obama as our President and showing the Republicans they know nothing about how to handle our economy. Not because my stock values withered to nothing, for I cashed in my chips before the market went belly up, and not because I fear my bank will go bust, as I withdrew all my funds from the vaults a few months ago.
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Well look again, all of romney staffers are all from the bush era, and guess what, WE JUST MIGHT GO INTO ANOTHER WAR!!!! why is this republicans start the wars and democrats tries to end it. If the republicans quit trying to flex their muscles to the world, our country might be able to look pass our differences. And by the way, remember NIXON.
Whereas violence and killing innocent people is never justifiable, Mr Dorner obviously feels very strongly that he can expose wrongdoing and corruption in the LAPD. No one can be driven by such conviction and such peril of his own life, unless his claims of corruption in the LAPD are indeed true. It is wrong of the LAPD not to investigate the alleged accusations, reopen the case led by someone outside of the LAPD, and extend the needed apology to stop any further killings.