Category Archives: MN Gordon
Faux Capitalism and the Great Middle Class Debt Anchor
Economies, like ocean tides, rise and fall. So, too, they fall and rise. Sometimes a rising tide floats up all boats…even those captained by freeloaders. Other times a falling tide pulls down vessels crewed by even the most industrious deckhands. … Continue reading
The Greatest Fraud of All
“As always, the Federal Reserve remains prepared to take action as needed to protect the U.S. financial system and economy in the event that financial stresses escalate,” said Federal Reserve Chairman Ben Bernanke to Congress last Thursday. The stock market … Continue reading
Stimulus and Spasmodic Economics
Nerves are fried. Hands are shaky. Triggers fingers are happy. “Market’s need stimulus now!” screams the crowd. These days, it doesn’t take much selling to growl up a thunderous roar for help. The DOW’s fallen 1,258 from its May 1 … Continue reading
There’s A Great Storm Coming
Investors were in good spirits after the long Memorial Day weekend. Rested and refreshed, they showed up Tuesday and bought stocks. The DOW jumped 125 points for the day. By Wednesday, however, they remembered there’s an imminent crisis emanating out … Continue reading
