Tag Archives: stock market

California’s Financial Woes: Paradise Lost?

According to Clusterstock today, California is in trouble. Serious, serious trouble: California officially has a drop-dead date now. State Controller John Chiang told Arnold Schwarzenegger last night that the state has 50 days before it hits a financial meltdown. And Clusterstock quotes … Continue reading

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“Multi-year economic stagnation”: Nouriel Roubini Says the Economy Ain’t Seen Nothing Yet

Nouriel Roubini, the widely respected economist dubbed “Dr. Doom,” was profiled in the Times of London Sunday. Roubini is predicting further global economic turmoil—and he doesn’t think that markets have hit bottom yet. Money quote from the article: “Every time there has been … Continue reading

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From “Up On the Roof” to “Through the Roof”: Kurzweil AI.net Says Solar Industry to Grow to 100 Billion Dollars by 2013

Money quote: Solar is poised for continued impressive growth, with new installations primed to increase nearly five-fold from 2008 to 2013. Starting in 2009, however, supply will exceed demand, leading to price decreases. According to the new report from Lux … Continue reading

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19%: Bush’s Job Approval Rating!

A new ARG poll puts Bush’s approval rating at 19%: Among all Americans, 19% approve of the way Bush is handling his job as president and 76% disapprove. When it comes to Bush’s handling of the economy, 17% approve and … Continue reading

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What William Jennings Bryan Might Have Said About the $3,000 Bill That Each American Man, Woman, and Child Has Just Been Saddled With to Bail Out Wall Street Investment Gamblers

In response to a debt crisis more than one hundred years ago, William Jennings Bryan spoke these famous words at the Democratic Convention of 1896: You shall not press down upon the brow of labor this crown of thorns; you … Continue reading

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Where the Buck Stops: Obama Has a Great Response to McCain’s Statement That He’d Fire the Security and Exchange Commissions Head

Obama, on the campaign trail today: “I think that’s all fine and good but here’s what I think,” Obama said. “In the next 47 days you can fire the whole trickle-down, on-your-own, look-the-other way crowd in Washington who has led … Continue reading

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Obama Zings McCain, Linking the Gyrating Stock Market to Social Security, and Reminding Voters that McCain Supported Bush’s Plan to Invest Social Security Funds in Stocks

Timely ad. Play it in Florida. Ouch:

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Sarah Palin Metaphor Watch: NBC News Analyst Chuck Todd Likens Sarah Palin to a New Stock Bubble That’s About to Burst

Given Sarah Palin’s atrociously incompetent interview with ABC’s Charles Gibson, it’s hardly surprising that some of the conservative excitement around Palin’s nomination would (at least privately) fade into embarrassment and distress. Today, NBC News analyst Chuck Todd likened Sarah Palin … Continue reading

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