Note: This guy on the left has lost more money in 4 days for his viewers than any other "analyst"! He should be cancelled.
UBS to Post Loss, Cut Jobs
UBS said it expects to report a first-quarter net loss of nearly $1.76 billion and will cut more than 11% of its work force to reduce costs.
Link
Fiat May Walk Away From Chrysler Deal if Unions Don't Accept Cuts
Fiat's CEO has warned that the Italian car maker could walk away from a potential alliance with Chrysler if American and Canadian unions don't agree to significant pay cuts.
Link
AMR's Loss Widens as Demand Drop Hurts American Airlines
AMR Corp.'s first-quarter net loss widened as the slumping economy depressed demand and took a toll on the American Airlines parent.
AMR posted a net loss of $375 million, or $1.35 a share, compared with a year-earlier loss of $341 million, or $1.37 a share.
Link
Capital One Sees Spike in Credit-Card Loan Losses
EW YORK -- A sharp increase in credit-card loan losses at Capital One Financial Corp. does not bode well for Bank of America Corp. and other big consumer lenders
Link
Why Our Credit Crunch Mirrors the Weimar Hyperinflation from 1919-1923
Link
Celente Calls For 'Revolution' As The Only Solution
KINGSTON, NY -- Taxed to death, angry at government bailouts, outraged by Wall Street greed, and bitterly resentful of a system that rewards the undeserving rich, the American public is ready to revolt.
Link
Sales-Tax Revenue Falls at Fastest Pace in Years
State and local sales-tax revenue fell more sharply in the fourth quarter of 2008 than at any time in the past half century, and has continued to erode through the beginning of 2009, according to a report released Tuesday.
Link
Jim Cramer Destroyed Investors Wealth in just 4 days!
Link
Don't forget it's TAX Day Today REVOLT!
Link
Los Angeles Board of Education to Lay of 5400
Link
But yet the Governments "Goebbels" media campaign continues to keep the "sheep" mesmerized on the DOW's green arrows!!!
ReplyDeleteGreat article!! Wake the heck up we are just begining this depression. Look at your neighbor struggling or your in-laws or your friends, they are struggling day to day until we all learn to get off the addiction of credit. Get out of debt and live free and with less. But remember to keep good quality items as it is much better to keep with higher quality goods that work better and last longer and you will learn that you can do with less and do not have to replace things very often. Avoid low quality chinese goods, just quick buying that crap. PEOPLE GET OUT OF DEBT AND LIVE FREE AND NO WHINING IT DOESN'T HELP. Oh.. don't forget to give Jesus our Lord a call and let him know that you live for him not your creditor.
ReplyDeleteMy compliments to the previous poster. You said it better than I could!! There is nothing as liberating than a debt free life.
ReplyDeleteYes, and our Lord has said neither a borrower, nor lender be----Owe nothing to any man but love. Since I have been debt free (15 years) I have more money that I have ever had in my life, and also since I give to God's work, it has multiplied my wealth over and over.
The Sun is an personal finance advisor? Get over your BS Astrotheology and go off to a 'faith' forum please.
ReplyDeleteDon't worry about paying off your debt too quickly, DO pay off those credit cards, persoanl loans and lines of credit, but I wouldn't work too hard quite yet at things like a mortage. When hyperinflation sets in the amount of money you owe is going to be worth nothing.
ReplyDeleteMake sure you have a good food supply, quality goods that will last you through the tough times and the ablity to cut current items out of your budget so that you can afford to pay for the new high costs that will be coming for bills you can't eliminate. If you can make it through the the inflation period that is coming soon than those big items like your house (heck even your college loans) will be a cinch to pay off.
When are we going to see the jew-hating religious nuts make their comments heard?
ReplyDeleteThe previous post is correct. There will be a flood of inflation at least temporarily, after trillions of dollars circulate through the financial system. Wages will increase dramatically although the dollars will be next to worthless. However, you will be able to pay off creditors with worthless currency.
ReplyDeleteThe true killer will be the deflationary period after inflation has run its course. Look to the financial past to understand your economic future.
TO GOLDEN*NUGGET
ReplyDeleteWHAT WILL YOU SAY,WHEN YOU STAND BEFORE JESUS? WHAT YOU SAID ABOUT ALL JEWS, IS WRONG. YOU NEED A BAR OF SOAP!!!! I FEEL SORRY FOR YOU, MONEY IS YOUR GOD!! THE UNITED STATES TURNED HER BACK ON GOD! WE TOOK PRAYER OUT OF SCHOOL, ABORT OUR BABYS,
AND NOW, THIS WHOLE GAY THING!
You're right. What we need is a new policy for the abortionists. It should not only be encouraged but required for religious zealots and their families to abort any and all children, therefore giving us all more peace on earth. Hallelujah!
ReplyDeletePraise Rodney King!
ReplyDelete