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Entries by tag: bankruptcy

Detroit

Now that they've officially declared bankruptcy, Detroit can start to turn around. The rest of US cities that haven't found a way to deal with shortfalls, well, they can see the writing on the wall in this article. The big banks are still getting paid. They own us.

http://www.nytimes.com/2013/07/26/opinion/come-see-detroit-americas-future.html?smid=fb-share&_r=0

Eliot Spencer vs the Fed and the Banks

Nice, simple explanation here of what has happened with the federal reserve, banks, and the bailout. Spitzer gets it. This is why I still give Obama an F on the economy.

Medical Bills-->60%+ of US Bankruptcies

http://www.cnn.com/2009/HEALTH/06/05/bankruptcy.medical.bills/

And I just got another notification in the mail today from my insurance company. They covered about $100 of a $240 visit to a doctor whose name I do not recognize at all. Did I actually go to this doc? I will have to consult my calendar to figure out what is going on.

Jon Stewart deserves a prize!

http://www.thedailyshow.com/

What an interview! I guess it made some headlines. My goodness Jon really grills the guy (business talk show host I never heard of before), and it is delightful. Someone needs to publicly grill ALL THOSE F&*kers who got rich and walked out in the last year. And start holding them responsible for SOMETHING. Stewart gets this guy by showing video clips that he can't be happy to see aired. Journalism at its best. Oh, I notice in the article that Stewart has won six consecutive Emmies for best variety, comedy or music series. So he already got a prize. Right on.

Oh, HERE'S the LA Times article ABOUT the interview.... they write it up nicely.
Interview date was 3/12, Thursday.
Jim Cramer:
--"Mad Money" guru on CNBC's line-up of financial commentators
--implored investors to stock up on Bear Stearns just it plunged
The Vatican reports worldwide adherent percentages at:
19.2% Muslim
17.4% Catholic
33% all flavors of Christian

In the US we are supposedly 76.5% Christian.
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