The bottom fell out of the American Economy in 2008/2009 mainly on bad mortgages.... The seeds of that situation is creeping back... And those low income Americans seeking an entrance into the housing market are stuck in the middle ... The binge in high-risk lending has … [Read more...] about High risk mortgages are back….
the Economy
Trump trade actions are beating down farmers….
Trump has been on the record as saying American's WILL have to suffer from his actions against China on trade... The suffering IS occurring.... So is the loss of money, jobs and livelihoods .... The trade war has cost farmers potential Chinese orders for the corn-based … [Read more...] about Trump trade actions are beating down farmers….
Stock Market dropping again on economic worries….
The problem isn't just in America.... But it is doubtful the current American President will come to the rescue this time like Barack Obama did back in 2009... We COULD be in deep trouble... Stocks tumbled for a second day on Wednesday, as investors faced new evidence … [Read more...] about Stock Market dropping again on economic worries….
World Trade slows as America’s Trade War and Brexit worries linger….
There is NO doubt that we are sliding into a world wide recession... A weakening world economy, President Trump’s trade war with China and fears of a potentially tumultuous Brexit have combined to produce a dramatic slowdown in global commerce, the World Trade Organization … [Read more...] about World Trade slows as America’s Trade War and Brexit worries linger….
Impeachment …Bill Clinton had a climbing economy…Donald Trump does NOT….
Bill Clinton WAS impeached.... He got thru it by running the government and dealing with the impeachment as TWO distinct sperate things while the internet boom took off... Donald Trump is in a impeachment 'inquiry'..... He isn't running a divided government ... He's … [Read more...] about Impeachment …Bill Clinton had a climbing economy…Donald Trump does NOT….
Trump…Impeach him and the Market would crash?
Another Trump attempt to leverage his office... President Donald Trump warned Thursday morning that U.S. financial markets would crash if congressional Democrats impeach him at the conclusion of the official inquiry they announced earlier this week. “If they … [Read more...] about Trump…Impeach him and the Market would crash?
Sanders is out with a wealth tax proposal….
Tax the rich.... Give to the poor (And everybody else)..... His...."Tax on Extreme Wealth" would kick in at earnings of $32 million.... Elizabeth Warren also has a wealth tax plan to kick in at $50 million... Both idea's are dead on arrival if Republicans still hold a … [Read more...] about Sanders is out with a wealth tax proposal….
GM Union auto workers to go on strike….
The United Auto Workers union said Sunday that its members at General Motors will walk out by midnight if the automaker does not meet its demands, setting the stage for the nation's first auto strike in 12 years. A union statement suggests the two sides are still very far … [Read more...] about GM Union auto workers to go on strike….