Tag Archives: capitalism

Shock And Awe

October 25, 2008 – 8:04 am

Former Federal Reserve Bank Chairman, Alan Greenspan in his testimony before Congress this past Thursday said: “Those of us who have looked to the self-interest of lending institutions to protect shareholder’s equity — myself especially — are in a state of shocked disbelief…” Age must be a truth serum, because here Greenspan exposes the [...]

By Saabir | Posted in Bonds, Business, Commodities, Dow Jones, Economics, Economy, Finance, Futures, Mutual Funds, NASDAQ, Options, S&P 500, Stocks, Wall Street | Also tagged , , , , , , , , , , | Comments (0)

Sheriff Robin Hood

October 11, 2008 – 6:01 pm

On October 8th, 2008 the New York Times and CNN.com reported that, Sheriff Thomas J. Dart of Cook County Illinois has decided to “stop evicting people from their homes.” The sheriff has pointed to the fact that many occupants who are being evicted are renters who have been paying their rent on time to landlords, [...]

By Saabir | Posted in Business, Economics, Economy, Inner-City, Progressive, Urban | Also tagged , , , , , , , , , , , , , | Comments (0)

401K Apocalypse?

October 6, 2008 – 11:12 am

I just read an article that says the financial turmoil has wreaked havoc on workers’ 401K plans. I say…”tough.” First of all, my plan has fluctuated +/-1% each day over the last few days, and would have probably been up if my own company stock was performing better over the last year. I [...]

By Saabir | Posted in Bonds, Commodities, Dow Jones, Economic Development, Economy, Finance, Futures, Hip-Hop Business, Mutual Funds, NASDAQ, Options, S&P 500, Stocks, Urban Development, Wall Street, energy | Also tagged , , , , , , , , | Comments (0)

Freedom and Prosperity Part 1

July 31, 2008 – 6:01 pm

In the midst of this “near-recession,” there have been many culprits to blame for the weak state of the U.S. economy – the main one being America’s dependence on foreign oil and the rising prices associated with it.
But we at Phiscal Matters offer a counter opinion that is neither anti-oil or anti-alternative energy. We argue [...]

By ph | Posted in Business, Commodities, Dow Jones, Economic Development, Economics, Finance, Inner-City, NASDAQ, Politics, S&P 500, Stocks, Urban, Urban Development, Wall Street | Also tagged , , , , , , , , , | Comments (0)