Bulls, Bears & Bucks #60: Viva Obama

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Op zondag 19 juli 2009 21:11 schreef Drugshond het volgende:

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well done.

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Op zondag 19 juli 2009 21:09 schreef pberends het volgende:
Amerikaanse bank CIT op omvallen

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Op zondag 19 juli 2009 21:13 schreef pberends het volgende:

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Bericht klopt toch? Ik snap het niet 100% met dat bankholder, JP Morgen en tresury gezeik .

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Op zondag 19 juli 2009 21:14 schreef Dinosaur_Sr het volgende:
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dekt de lading van het FP econ. nieuws, of wat bedoel je te zeggen

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Op zondag 19 juli 2009 22:32 schreef pberends het volgende:
Oh, ik had nog een column geschreven:

http://frontpage.fok.nl/column/9971/

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Op maandag 20 juli 2009 12:23 schreef tony_clifton- het volgende:
http://www.tijd.be/nieuws(...)puin.8210428-433.art

IJsland begint ook zwaar geld te pompen in de failliete banken.

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White House putting off release of budget update

WASHINGTON — The White House is being forced to acknowledge the wide gap between its once-upbeat predictions about the economy and today's bleak landscape.

The administration's annual midsummer budget update is sure to show higher deficits and unemployment and slower growth than projected in President Barack Obama's budget in February and update in May, and that could complicate his efforts to get his signature health care and global-warming proposals through Congress.

The release of the update — usually scheduled for mid-July — has been put off until the middle of next month, giving rise to speculation the White House is delaying the bad news at least until Congress leaves town on its August 7 summer recess.

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IG: Treasury 'failed' to adopt bailout safeguards

The government’s top watchdog over the $700 billion financial rescue package said the Treasury Department has "repeatedly failed" to adopt his recommendations that would make the program more transparent and accountable to taxpayers.

Neil Barofsky, the special inspector general over the Troubled Asset Relief Program (TARP), will tell lawmakers on Tuesday that taxpayers are being left in the dark about what banks are doing with bailout money, don't know the value of the government's investments and will not know the full extent of how the money is invested.

Barofsky said that while the TARP program that Congress passed amounts to $700 billion, the total federal government support since 2007 for the economy and the financial sector could reach a far higher figure of $23.7 trillion. The government has committed significantly more money through a variety of other federal agencies and programs.

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USPS May Be Unable to Make Payroll in October and Retiree Health Plan Costs

On July 14, unions representing United States Postal Service (USPS) workers wrote the White House with "extreme urgency" asking for a meeting to address lack of funding for both employee payroll in October and health benefits for retired employees.

The letter, which the FederalTimes.com blog provided a scanned copy late last week, says:

"[USPS] top executives are now saying that the USPS will default on a $5.4 billion payment to prefund future retiree health benefits on September 30, 2009. And its government affairs representative are now telling Congressional staff that the Postal Service may not be able to make payroll in October and will be forced to issue IOUs instead."

The letter was co-signed by the presidents of the American Postal Workers Union, National Rural Letter Carriers' Association, National Association of Letter Carriers and National Postal Mailhandlers Union, and sent to White House Deputy Chief of Staff, Jim Messina.

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Op dinsdag 21 juli 2009 13:11 schreef Drugshond het volgende:

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Oeps.

Dumb & Dumber -- Empty Suitcase of Money

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IOUs

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Op dinsdag 21 juli 2009 16:42 schreef pberends het volgende:
Hoe werken IOU's eigenlijk? Dat zijn toch gewoon onbetaalde rekeningen ofzo?

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Op dinsdag 21 juli 2009 16:46 schreef Basp1 het volgende:

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Zullen we een iou drukkerij gaan opzetten in deze barre tijden, compleet met echtheidskenmerken en dan noemen we het gewoon op den duur ook geld.

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Op dinsdag 21 juli 2009 16:42 schreef pberends het volgende:
Hoe werken IOU's eigenlijk? Dat zijn toch gewoon onbetaalde rekeningen ofzo?

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An IOU is a credit for the seller and a debt for the buyer. If the IOU becomes negotiable, meaning others will accept it in exchange for goods and services, the IOU is money

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Op dinsdag 21 juli 2009 17:46 schreef Perrin het volgende:

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IOU = "I owe you" ..niks meer of minder dan een schuldbekentenis.
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