stay_fan2 asked:


how do you cope with the stress of the financial crisis?
What is the biggest problem you have with managing the stress of the recent bad financial news?

MARYJANE

the truth asked:


what news is more important ?
religious / conspiracy theory news like ;
1. government corruption
2. financial collapse
3. freedoms under jeopardy
or
mainstream news like :
1. lindsay lohan jail time
2. mosque in new york
3. birdman getting a veyron

religion and spirituality

SUZAN

Maricopa County asked:


How come with illegal immigration one thing just follows another stolen van financial gain illegal aliens & the harmless dishwasher ?Miranda, a dishwasher for a restaurant in Florham Park, is due to have his bail of $500,000 reviewed Thursday by a Superior Court judge. According to a criminal complaint, he is accused of attempted murder by firing multiple gunshots in the direction of a man identified as Vincent Zarlenga at Evergreen Cemetery in Morristown Monday evening.

Zarlenga, whose age and address were not disclosed, was not struck. Authorities have said police went to the cemetery on Martin Luther King Avenue at 5:45 p.m. Monday on a report of gunshots fired. They learned that a fight between two groups was supposed to occur on Abbett Avenue but the site was switched to the cemetery.

Police obtained a description of the alleged shooter and located the suspect — Miranda — at the Burger King on Morris Street around 6:30 p.m. Monday. A Browning, 9mm pistol and a magazine with five, 9mm hollow-point rounds were found under a toilet in the restaurant’s men’s restroom, police said.
http://www.dailyrecord.com/article/20100414/UPDATES01/100414074/1005/NEWS01/Bail+increased+for+pair+charged+in+Florham+Park+cemetery+shooting
A federal grand jury indicted three men on immigration charges Tuesday after a traffic stop in Roane County last week.

Jorge Martinez-Garcia is charged with transporting known aliens within the United States for the purpose of financial gain.

If convicted, he faces up to 10 years in prison, three years supervised release and a maximum $250,000 fine.

Investigators determined William Alexander Martinez-Serrano and Israel Bonilla-Bonilla were both in the United States illegally. Both are charged with entering the United States without consent after deportation and removal from the United States.

They face up to two years in prison, a maximum $250,000 fine and no more than one year of supervised release.

On April 7, Martinez-Garcia was stopped in Roane County for driving a stolen van from California. According to the indictment, Martinez-Garcia was fully aware of the fact that Bonilla-Bonilla and Martinez-Serrano were illegal immigrants. The indictment further alleges that Martinez-Garcia transported the men for the purpose of financial gain.

http://www.wbir.com/news/local/story.aspx?storyid=118921&provider=gnews

MARTINA

i love Ginger asked:


msnbc,cnn, the new york times are all in financial trouble…should the govt be in the news business.?would it be illegal to do so?would the govt then in effect own them,thus setting the news agenda,and salaries?

CARROL

blphnx asked:


Forbes magazine said the United States is now facing perhaps the worst financial crisis since the banking panic that former President Franklin Roosevelt faced in 1933.

To help grease the financial plumbing Monday, the Federal Reserve pumped a total of $70 billion ($50 billion and then another regularly scheduled $20 billion were injected in temporary reserves) into the nation’s financial system through open market operations to help ease credit stresses.

Lehman Brothers, the country’s fourth-largest investment bank, filed for bankruptcy protection. A weakened Merrill Lynch, deciding it couldn’t go it alone anymore, found help in the arms of Bank of America. Now, the insurance giant American International Group (AIG) is dangerously wobbling. Against this backdrop, Wall Street on Monday plunged 500 points, the most since the September 2001 terror attacks.

“Fed pumps $70B into nation’s financial system”
http://news.yahoo.com/s/ap/20080916/ap_on_bi_ge/fed_credit_crisis

“Wall Street is now at the mercy of Washington.”

“Facing reporters at the White House on Monday, Wall-Street-titan-turned-Treasury-Secretary Henry Paulson deflected questions about whom to finger for the meltdown, saying simply: “I’m playing the hand that was dealt to me.” So is Wall Street, and it’s folding.”

“No matter who’s elected, the next administration might have a much easier job of watching over the investment banking industry simply because it will be so tiny.”

http://news.yahoo.com/s/politico/20080916/pl_politico/13486;_ylt=AkuWHsbzw.Qro8y4ZaffrHms0NUE

On the trail… latest from our future leadership…

McCain: Fundamentals of Economy Remain Strong
On the campaign trail, Senator John McCain said that the fundamentals of the economy remain strong.

Sen. John McCain: “You know that there’s been tremendous turmoil in our financial markets and Wall Street. And it is—people are frightened by these events. Our economy, I think, still, the fundamentals of our economy are strong, but these are very, very difficult time. And I promise you we will never put America in this position again. We will clean up Wall street. We will reform government. And this is a failure.”

Senator Barack Obama accused McCain of subscribing to the same economic philosophy as President Bush.

Sen. Barack Obama: “For eight years, we’ve had policies that have shredded consumer protections, that have loosened oversight and regulation and encouraged out-sized bonuses to CEO’s while ignoring middle-class Americans. The result is the most serious financial crisis since the Great Depression. And I certainly don’t fault Senator John McCain for these problems, but I do fault the economic philosophy he subscribes to, because it’s the same philosophy we’ve had for the last eight years.”

All this has been happening since yesterday when the stock market dropped over 500 points and the ripple effect being felt around the world. Economists are all warning us this is a huge problem, it may be hard to get loans for cars, houses, etc. The state of the economy could get exponentially worse. People are being encouraged to withdraw from the banks and sell their stocks, etc.

I wrote about this last night (per FDIC not being able to deal with the trillion dollars potentiall at risk, etc.), and got some very interesting answers, please refer to that too for some keen insight and additional information…
Is American in trouble? Are bank deposits for once at risk?
http://answers.yahoo.com/question/index;_ylt=Api3DBdrJ1_y2c_kH0Rmw9Xsy6IX;_ylv=3?qid=20080915212838AAJlEea

What I want to know is… Are we really in this deep of trouble, What the economists are saying.???..

“Once in century kind of phenomenon!”
“This is the financial storm of the century!”
“Congress must recapitalize FDIC immediately!”
“1 trillion at risk, FDIC can only cover $50 billion!”, etc…

Someone please explain what is going on and what is going to happen, or your opinions on this please.

SUSANNE

ObaMao asked:


Heres a link to just some of the reasoning:

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_hassett&sid=amhpOT5rlR1Y
[Please STAR if you find this or any previous question interesting]

GIUSEPPE

Cpt Crash asked:


http://news.yahoo.com/s/ap/us_air_america_bankruptcy

Seems to be in keeping with blue states in America?

JUSTINE

Just Me asked:


Actual News Story on Financial Meltdown synopsis:
http://www.kfor.com/global/story.asp?s=9080306

Related Saturday Night Live Sketch:
http://www.nbc.com/Saturday_Night_Live/video/clips/c-span-bailout/727521

Biden’s “Gird Your Loins” speech:
Audio Link:
http://clipmarks.com/clipmark/1C5C519A-26EF-4E7A-84CB-70FD18897E46/
Text Link:
http://www.weeklystandard.com/weblogs/TWSFP/2008/10/biden_gird_your_loins_for_the_1.asp

related Saturday Night Live Sketch:
http://www.nbc.com/Saturday_Night_Live/video/clips/road-to-the-white-house/787141/
alternate link:
http://video.aol.com/category/gird-loins
please star

COLEEN

Matt asked:


I was wondering what some of you think about investing in the financial sector and if you would be going short or long right now. I made it kind of a general rule to stay away from it a couple years ago and since haven’t paid much attention except for what’s on the news every now and then.

DEWITT

smartguy asked:


I am 16 years old and i have been paying my fathers bills since i was 13 1/2 years old. I don’t actually mean paying his bills as in making money and paying them but just actually being his financial advisor and scheduling his bills, paying taxes, running errands, doing plenty of stuff at such an early age.(without missing any payments or having any late fees, which I must add). Now I finally got a hold of a writer, im not sure if i should go ahead and tell them my story. Do you think this story is good enough to be published???? (BTW there is more to the story).

HARLAND