Makes me sick.
Earlier this year, I believe a conscious decision was made to sacrifice the US Dollar in an effort to rescue the troubled economy.
Despite assurances from Treasury Secretary Geithner (“Financial Times” May 21, 2009) that a strong US Dollar remained a priority, the US Dollar continues to devalue against many other world currencies.  Geithner [...]

Count me as a skeptic, but a realistic one.
Bank profits were supposedly way up during the first quarter of this year, causing bank stock prices to soar.  According to an article published on Bloomberg on June 7, 2009, the 5 largest US banks declared a profit, and a healthy one at that, during the year’s [...]

Remember the movie by that name?
FDIC is starring in the sequel.
In my last post, I talked about the necessity of dealing with the bad debt banks are holding.  Until this bad debt is cleared from the bank’s books, it’s my view economic recovery will be delayed.
A central part of Obama’s recovery plan was to help [...]