Pinning all hopes on MS buying them is not a very sound strategy. The economic hurdles that lie ahead for Yahoo and their new leader are as treacherous and turbulent as can be at this point. Without Google to save them, and only the extremely weak alternative of an AOL merger present, the future looks [...]

The only ones who speak confidently are those who have been saying the same thing for 30 years and now feel vindicated. What is a Trader to think?We broke 8000. That is bad. The Nasdaq is under 1400, a level less than a third it’s all time high and close to the level of the [...]

11/16/2008 Watchout for these store money cards and gift cards…and credit slips. Stores that informed the Security Exchange of closing plans between October 2008 and January 2009….Circuit City stores… most recent (how many?)Ann Taylor - 117 stores nationwide are to be shutteredLane Bryant,, Fashion Bug, and Catherine’s to close 150 store nationwideEddie Bauer to close [...]

By Paul Craig Roberts(Father of Reaganomics) November 18, 2008 “Information Clearinghouse” — According to all accounts the US faces its worse economic crisis since the Great Depression with $2 trillion in near-term financing needs for bailouts and economic stimulus. This is an enormous sum for any country, especially for one that is so heavily indebted [...]

ReutersTuesday, Nov 18, 2008 Dutch insurer Aegon said it may buy a small U.S. thrift company to qualify for potentially more than $1 billion in U.S. government support, sending its shares down more than 8 percent. “This is part of our strategy to ensure Aegon has the strongest capital position possible,” said Aegon spokesman Greg [...]

Actually, the root cause of the current economic crisis is the failure of wages to keep up with asset inflation, in turn caused by wage arbitration in combination with deeply flawed measurements of ‘inflation’ as ‘CPI’ instead of money supply, leaving interest rates artificially far lower than they should have been and encouraging the uncontrolled [...]

WASHINGTON — Led by California with a $28 billion hole in its budget, 41 states are in financial trouble, and many of their leaders are looking to Congress to bail them out.State officials are hoping to join the ranks of the financial industry and auto manufacturers, who’ve found a sympathetic ear on Capitol Hill. They’ve [...]

By Paul B. FarrellScan these 30 “leading indicators.” Each problem has one or more possible solutions, but lacks unified political support. Time’s running out. We’re already at the edge. Add up the trillions in debt: Any collective solution will only compound our problems, because the cumulative debt will overwhelm us, make matters worse: America’s credit [...]

Every year we get useless or gifts from people for birthdays, somebody day, holidays, etc. The stuff clutters the house. Then the wife got to worry about the doing the same for everybody, going to the stores, buying the same kind of junk, then wrapping it all up with fancy paper and all. I told [...]

If you cant survive 5-10years without income youll know why millions protested, organised, unionised, and rioted in the 1930s.In the 1930s currency had gold backing unlike today. So a country couldnt just print money or offer stimulus plans and bailouts. This is fine if your the only one doing the printing but in this new [...]