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Government Worker Strikes Gold at Taxpayer’s Expense

By on March 19, 2009 in Financial Crisis

While New Yorkers and the rest of American taxpayers are going broke, one state worker is striking gold: “I do nothing all year and get paid $93,803 per year just for showing up at my work place and this has been going on since 2002! I want to work, but I have been shoved off [...]

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Chicago Rebellion as Traders Revolt, Tea Party Anyone?

By on February 20, 2009 in Financial Crisis

One man leads Chicago Floor Traders rebellion against Obama’s plan (as seen on CNBC). It’s Tea Party Time! [image credit] I wonder who’s mortgage payments I will be helping to pay? How about it folks, will you enjoy paying another person’s mortgage while you struggle to make your own? What does this have to do [...]

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Gonna Bailout Party Like It’s 1999

By on December 24, 2008 in Financial Crisis

Well, what’s next with the government bailout that was going to save our bacon? Let’s face it, the housing mess started in 1999 and was really escalated during 2005-2008, and look where it has gotten the U.S. taxpayer as of today. Check out this article from 1999 [yes, that's 1999]: Fannie Mae Eases Credit to [...]

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China – New Kid in the U.S. Housing Grab Party

By on December 11, 2008 in Financial Crisis

Chinese Investor Groups Hunting for Low Priced Housing in the U.S. In a recent Chemically Green post on American foreclosed housing gaining a lot of interest in foreign investors, (mainly from the oil rich countries), now a new group of investors are coming to America to buy up our foreclosed housing. China is the newest [...]

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America and China and India, Oh My!

By on December 8, 2008 in Financial Crisis

India’s Auto Expo, Picture Credit: Swapan22sadar’s photostream The economic consensus has been that China and India could withstand an economic slowdown in America because of their booming economies. China and India have been depending on America for their economies to keep running strong. Gee, do you think that as Americans’ hunger for goods from these [...]

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California Needs A Bailout Loan! Who’s next?

By on October 3, 2008 in Financial Crisis

Picture Credit: Alvhyttan SACRAMENTO –”California Gov. Arnold Schwarzenegger, alarmed by the ongoing national financial crisis, warned Treasury Secretary Henry M. Paulson on Thursday that the state might need an emergency loan of as much as $7 billion from the federal government within weeks. The warning comes as California is close to running out of cash [...]

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The Truth is Painful. Most People Don’t Care!

By on October 2, 2008 in Financial Crisis

Green but not Forgotten! Picture Credit: Marty (Slidewayze) “No matter how good you are at something, there is always about a million people better than you.” – Homer Simpson Headline News: Senate Version of Bailout Bill is up to $850 Billion Dollars. Will anyone guess what the final total bill will be when voted on? [...]

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Don’t Be Duped! U.S. Government lying about $700 Billion Bail Out?

By on September 29, 2008 in Financial Crisis

Green but not Forgotten. Federal Government is Duping the American Taxpayer on the $700 Billion Bailout! Bail Out or Rescue? Picture Credit: BigBird3 New Definition of Affordable Housing? Taxpayers paying for people’s houses who’s inhabitants cannot make their house payments because they could not afford payments in the first place.! Our tax dollars are bieng [...]

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