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The TARP is turning into a political body bag

November 14, 2008 · Filed Under Politics · Comments 
This is turning out to be one of the most important months in American history. Congress is making one politically induced mistake after the other. If it cannot get this mess sorted out, the nation will never be the same again. By Andrew Snyder, TodaysFinancialNews.com Baltimore — (TFN): The nation celebrated Veteran’s Day this week. The eleventh [...]

Paulson’s TARP revision spooks the market

November 12, 2008 · Filed Under News that Matters, US Stocks and Markets · Comments 
The markets are spooked today. An update from Henry Paulson did not help the situation. Investors are scared the economy is turning sour quicker than they anticipated. Fortunately, there are some opportunities out there. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): The markets are deep in negative territory again today and investors are not too happy with [...]

The TARP: Just another government fiasco

November 7, 2008 · Filed Under Politics · Comments 
The federal government does not have a strong reputation of getting things done. When it dives into a big project, a handful of folks get rich and the rest of us suffer. The $700 billion bailout is turning out the same way. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): We all knew it was nothing more than [...]

Dollar Bear: Don’t Believe Bernanke

July 17, 2008 · Filed Under US Stocks and Markets · Comments 
 ”The move is inconsequential. The harsh realities have not changed in the slightest, and the dollar is set to continue its overall decline.” — John Browne, Euro Pacific Capital by John Browne Baltimore – (TFN):  This week, we were treated to strong statements by both Treasury Secretary Henry Paulson and [...]