Daily Archives: 7 Oct ’08

victory-tax

Good Times

Fed efforts don’t help lift stock markets Central bank announces plans to buy massive amounts of corporate debt NEW YORK – Wall Street sank into a deeper depression Tuesday, extending its heavy losses as enthusiasm over Federal Reserve efforts to inject confidence into credit markets … Read More

And in Economic news…

There will be consequences: The inevitable collapse of the dollar Who Caused the Economic Crisis? Well, here is a quick wrap up according to Factcheck.org: The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap. Home buyers, who took advantage … Read More