What Is Wrong With The U.S. Economy? Here Are 10 Economic Charts That Will Blow Your Mind - What Is Wrong With The U.S.
Economy? Here Are 10 Economic Charts That Will Blow Your Mind - The 10 economic charts that you are about to see are completely and totally shocking. If you know anyone that still does not believe that the United States is in the midst of a long-term economic decline, just show them these charts. Sometimes you can quote economic statistics to people until you are blue in the face and it won't do any good, but when those same people see charts and pictures suddenly it all sinks in. The sad fact of the matter is that we have been living in the biggest debt bubble in the history of the world over the last 40 years.
Why Goldman Sachs, Other Wall Street Titans Are Not Being Prosecuted. Don johnston: "RT @AxelKoster #AxelJob# s. Bank of America Deed In Lieu Offer – read the small print « Sarasota Short Sale Blog – Short Sale Answers Sarasota Short Sale Blog – Short Sale Answers U.S. government launches pharmaceutical division. (NaturalNews) The U.S. government has decided to enter the pharmaceutical business.
Apparently, the drug companies aren't coming out with new "breakthrough" drugs quickly enough, and now the U.S. government plans to spend taxpayer dollars conducting research on drugs which will be turned over to Big Pharma. Those drug companies, in turn, will sell them for a profit. It's yet another clear case where the government is taking over the health care (sick care) industry and funneling profits into the hands of pharmaceutical corporations.
This is all happening because drug companies say they're scaling back their research funding to find new drugs. This terrifies the U.S. government, apparently, which doesn't recognize that scaling back drug company R&D is actually a good thing for America given how much economic damage and personal health damage is caused each year by Big Pharma's dangerous drugs. The NIH, of course, is a revolving door for Big Pharma executives. » The Coming Municipal Bond Meltdown - Big Government. U.S., Japan warned by IMF, rating agencies on debt. The 10 Jobs Where Hiring Will Surge In 2011. In Vallejo, A Municipal Bankruptcy Means Big Sacrifices For Ordinary Workers. The American real estate boom turned Vallejo, California -- previously known for little more than the freeway that runs through it -- into a hot property market in the San Francisco Bay Area.
But when the home-building stopped, so did the flow of money into municipal coffers, sending the city into bankruptcy nearly three years ago. That was merely the beginning of sustained pain for Vallejo's municipal employees. As the community adjusts to a wrenching new budgetary reality, one no longer propelled by exploding property revenues, the burden has fallen on ordinary city workers. David de Alba, a 45-year-old mechanic who has worked for the city for eight years, typifies this process. Vallejo has slashed its budget to get its books in order, reducing its general fund payroll by more than 100 workers, or about 30 percent, since 2007. Last summer, after missing mortgage payments, he went into default. Warren Buffett sees housing market bouncing back by 2011. By Andrew Frye, Bloomberg News Billionaire Warren Buffett said the U.S. will recover from the residential real estate slump by 2011 as demand for houses catches up with the supply that accumulated during the bubble.
"Within a year or so, residential housing problems should largely be behind us," Buffett wrote Saturday in his annual letter to the shareholders of his Berkshire Hathaway. "Prices will remain far below 'bubble' levels, of course, but for every seller or lender hurt by this there will be a buyer who benefits. Indeed, many families that couldn't afford to buy an appropriate home a few years ago now find it well within their means. " Record foreclosures flooded a U.S. real estate market already glutted with unsold property, causing housing starts to fall. "People thought it was good news a few years back when housing starts — the supply side of the picture — were running about 2 million annually," wrote Buffett, 79, chairman and CEO of Omaha-based Berkshire.
Startup News for Entrepreneurs. Quantitative Easing Explained. Quantitative Easing Explained. FastCompany.com - Where ideas and people meet. When They Are Throwing Money At You. Companies get hot.
And investors start throwing money at them. Entrepreneurs get calls and emails all day long from investors wanting to invest. After a while, the entrepreneurs start to think that they should take the money. Not because they need it, but because they figure if people are throwing money at them, it's probably a good idea to take some. Given that we are in the "throwing money at entrepreneurs" period in web investing, I thought I'd say a few things about this. 1) Don't take money you will never ever need. 2) Money lying around tends to get spent. 3) If you need the money, then raise it now. 4) If you don't need the money, but have some ideas about how you could put it to good use, then do some hard work on those use cases. 5) If your company doesn't need the money, but you sure could use some, then think about selling some secondary shares.