Welcome to the March 1, 2008 edition of American Economics Blog Carnival.
The state of the American economy affects both domestic and international affairs. In an age of globalization, it is important to understand things that influence American economics. This bi-monthly blog carnival includes articles and editorials that reflect various economic topics, realities and perceptions.
Here are the articles selected for this edition:
Ted Reimers presents Student Debt in America posted at CampusGrotto.
Raymond presents Qualifying For An Economic Stimulus Tax Rebate Check posted at Money Blue Book.
DotLobby presents How to Increase Credit Score While Lowering Debt posted at DotMakeMoney, saying, "By using this method, not only will you increase your credit score in larger and more frequent increments, but you will also reach your goals sooner."
Leon Gettler presents The R-word: how hard a landing? and Insurers: the latest subprime victims posted at Sox First, saying, "With a US recession looming, the question is how bad is it going to get?"
Yi Hui Chang presents What are you going to do with tax rebate? posted at The Simple Wealth, saying, "It's kind of strange that Bush is sending us tax rebates in the hope that we can spend it to burst the US economy."
Charles H. Green presents Decaying Social Trust and Moral Indignation posted at Trust Matters, saying, "When business and consumer in the subprime mortgage mess both choose moral bankruptcy over financial bankruptcy...we've got the makings of a major economic problem."
Cindy King presents 5 Factors To Consider When Marketing To Different Cultures and Localization Is A Door To Innovation posted at Get International Clients.
Dorian Wales presents ETFs and Mutual Funds – The Slowdown Will Teach Us another Valuable Lesson - Why the slowdown will teach us another lesson posted at Personal Financier.
the baglady presents Don’t Be Afraid of the Economy and Do Your Best — The Baglady posted at xynny.
The Investor presents How to buy and own pure gold with Bullion Vault posted at Monevator.com, saying, "If you're worried the US treasury is printing too many dollar bills, you may well be tempted to join the flight to gold.
LIVING OFF DIVIDENDS presents 10 Reasons Why Gold Should Break $1000 This Year posted at LIVING OFF DIVIDENDS, saying, "10 Reasons Why Gold Should Break $1000 This Year"
Christine presents The European Exchange Rate and travel in Berlin, Germany posted at Me, My Kid and Life: An American Single Mom Living in France.
Sagar presents 13 Unconventional Factors that Affect the Dollar posted at Currency Trading.net.
Shaheen Lakhan presents Usually It's Cheaper to Pay Than to Go To Court posted at GNIF Brain Blogger.
That concludes this edition. Submit your blog article to the next edition of American Economics Blog Carnival using our carnival submission form. The carnival is posted on the 1st and 15th of every month, with submissions due 2-3 days prior. Submitters are encouraged to submit only their best articles relating to the American Economy and/or the impacts of globalization.
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5 comments:
Thanks for including the GNIF Brain Blogger in your carnival.
Sincerely,
Shaheen
Thanks for submitting Shaheen. I encourage you to do so again, as well as spread the word. Take care!
Don’t believe one optimistic word from any public figure about the economy or humanity in general. They are all part of the problem. Its like a game of Monopoly. In America, the richest 1% now hold 1/2 OF ALL UNITED STATES WEALTH. Unlike ‘lesser’ estimates, this includes all stocks, bonds, cash, and material assets held by America’s richest 1%. Even that filthy pig Oprah acknowledged that it was at about 50% in 2006. Naturally, she put her own ‘humanitarian’ spin on it. Calling attention to her own ‘good will’. WHAT A DISGUSTING HYPOCRITE SLOB. THE RICHEST 1% HAVE LITERALLY MADE WORLD PROSPERITY ABSOLUTELY IMPOSSIBLE. Don’t fall for any of their ‘humanitarian’ CRAP. ITS A SHAM. THESE PEOPLE ARE CAUSING THE SAME PROBLEMS THEY PRETEND TO CARE ABOUT. Ask any professor of economics. Money does not grow on trees. The government can’t just print up more on a whim. At any given time, there is a relative limit to the wealth within ANY economy of ANY size. So when too much wealth accumulates at the top, the middle class slip further into debt and the lower class further into poverty. A similar rule applies worldwide. The world’s richest 1% now own over 40% of ALL WORLD WEALTH. This is EVEN AFTER you account for all of this ‘good will’ ‘humanitarian’ BS from celebrities and executives. ITS A SHAM. As they get richer and richer, less wealth is left circulating beneath them. This is the single greatest underlying cause for the current US recession. The middle class can no longer afford to sustain their share of the economy. Their wealth has been gradually transfered to the richest 1%. One way or another, we suffer because of their incredible greed. We are talking about TRILLIONS of dollars. Transfered FROM US TO THEM. Over a period of about 27 years. Thats Reaganomics for you. The wealth does not ‘trickle down’ as we were told it would. It just accumulates at the top. Shrinking the middle class and expanding the lower class. Causing a domino effect of socio-economic problems. But the rich will never stop. They will never settle for a reasonable share of ANYTHING. They will do whatever it takes to get even richer. Leaving even less of the pie for the other 99% of us to share. At the same time, they throw back a few tax deductable crumbs and call themselves ‘humanitarians’. IT CAN’T WORK THIS WAY. Any 'humanitarian' progress made in one area will be lost in another. EVERY SINGLE TIME. IT ABSOLUTELY CAN NOT WORK THIS WAY. This is going to end just like a game of Monopoly. The current US recession will drag on for years and lead into the worst US depression of all time. The richest 1% will live like royalty while the rest of us fight over jobs, food, and gasoline. Crime, poverty, and suicide will skyrocket. So don’t fall for all of this PR CRAP from Hollywood, Pro Sports, and Wall Street PIGS. ITS A SHAM. Remember: They are filthy rich EVEN AFTER their tax deductable contributions. Greedy pigs. Now, we are headed for the worst economic and cultural crisis of all time. SEND A “THANK YOU” NOTE TO YOUR FAVORITE MILLIONAIRE. ITS THEIR FAULT. I’m not discounting other factors like China, sub-prime, or gas prices. But all of those factors combined still pale in comparison to that HUGE transfer of wealth to the rich. Anyway, those other factors are all related and further aggrivated because of GREED. If it weren’t for the OBSCENE distribution of wealth within our country, there never would have been such a market for sub-prime to begin with. Which by the way, was another trick whipped up by greedy bankers and executives. IT MAKES THEM RICHER. The credit industry has been ENDORSED by people like Oprah, Ellen, Dr Phil, and many other celebrities. IT MAKES THEM RICHER. Now, there are commercial ties between nearly every industry and every public figure. IT MAKES THEM RICHER. So don’t fall for their ‘good will’ BS. ITS A LIE. If you fall for it, then you’re a fool. If you see any real difference between the moral character of a celebrity, politician, attorney, or executive, then you’re a fool. WAKE UP PEOPLE. ITS ALL ABOUT THE MONEY. The 1% club will always say or do whatever it takes to get as rich as possible. Without the slightest regard for anything or anyone but themselves. Vioxx. Their idea. Sub-prime. Their idea. NAFTA. Their idea. Outsourcing. Their idea. The commercial lobbyist. Their idea. The multi-million dollar lawsuit. Their idea. $200 cell phone bills. Their idea. $200 basketball shoes. Their idea. $30 late fees. Their idea. $30 NSF fees. Their idea. $20 DVDs. Their idea. Subliminal advertising. Their idea. The MASSIVE campaign to turn every American into a brainwashed credit card, pharmaceutical, love-sick, celebrity junkie. Their idea. All of which concentrate the world’s wealth and resources and wreak havok on society. All of which have been CREATED AND ENDORSED by celebrities, athletes, and executives. IT MAKES THEM RICHER. So don’t fall for their ‘ good will’ ‘humanitarian’ BS. ITS A SHAM. NOTHING BUT TAX DEDUCTABLE PR CRAP. Bottom line: The richest 1% will soon tank the largest economy in the world. It will be like nothing we’ve ever seen before. and thats just the beginning. Greed will eventually tank every major economy in the world. Causing millions to suffer and die. Oprah, Angelina, Brad, Bono, and Bill are not part of the solution. They are part of the problem. EXTREME WEALTH HAS MADE WORLD PROSPERITY ABSOLUTELY IMPOSSIBLE. WITHOUT WORLD PROSPERITY, THERE WILL NEVER BE WORLD PEACE OR ANYTHING EVEN CLOSE. GREED KILLS. IT WILL BE OUR DOWNFALL. Of course, the rich will throw a fit and call me a madman. Of course, their ignorant fans will do the same. You have to expect that. But I speak the truth. If you don’t believe me, then copy this entry and run it by any professor of economics or socio-economics. Then tell a friend. Call the local radio station. Re-post this entry or put it in your own words. Be one of the first to predict the worst economic and cultural crisis of all time and explain its cause. WE ARE IN BIG TROUBLE.
Hmmmm...interesting diatribe. Not sure what it has to do with the blog carnival though. Also, I usually find that anonymous posters are either cowards or fear mongers. Sorry, just my opinion. If you want to have a dialogue, include your name and stand by your comments. Otherwise, we don't buy crazy around here!
I think the point was that its not about him or her. Much bigger issue. Its basically true.
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