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Downfall of the Economy - How Will I be Affected?Answers to some of the most feared questions relating to the downfall of the economy and how it will affect you. Also discover who will be able to pull out of this bad situation mostly untouched. Call Off the DepressionCicken Little has returned to the scene of the crime. The crime? Pretending that we're headed for a depression like 1929! How Will Petrol Price Hikes Impact South Africa?South Africans, together with the rest of the world, have been battered by rising petrol prices in the past 6 months. With the recent financial turmoil in the most powerful economy in the world, however, we could very well see a drop in the global oil demand, hopefully translating into paying a whole lot less at the pumps. 
Wall Street Bailout or Recovery Plan?The bailout plan and the bailout bill involve many complex issues that the average person would have some difficulty understanding. When you add the fact that Americans find themselves in a politically charged environment (during an election year), It makes it almost impossible to get a clear take on the issues. I see the Bailout as a way to fix what has been called a credit contraction problem. Reducing the Problem to it's simplest form. The Two Tragedies of LifeAh, are we having fun yet? If you're playing the stock market, you're not only NOT having fun, but you're not sleeping at nights either. Financial Meltdown StoryThe party is over. Forget trying to buy more booze. The revelers have had it. They can't drink any more. Let it go! Gold Soars on $ LiquidityLet's make a deal. Spin the wheel and where she stops nobody knows. Nobody. Not even Nancy, Bubba, #43, John, nor Obama. Nobody! The House Bailout BombsNow what? Elections are just over a little more than a month away and the politicians want to go home and here they are on Capitol Hill with no bailout vote. Go home! Let 'em FailThe proposed bailout of Wall Street sacrifices the good guys on Main Street. 
Bailout - Got an Extra $5,000 to Spend?$700 billion proposed Wall Street bailout; $85 billion for AIG; $200 billion for Fannie Mae and Freddie Mac; $150 billion stimulus package (your $600/person rebate check); $438 billion projected Federal deficit; and a small $29 billion bailout for Bear Stearns. Makes you glad you got that rebate check earlier this year, doesn’t it? Unclaimed Property - a Government Scam?Unclaimed property is turned over to state governments, but what do they do with it? 
Prof. Arindam Chaudhuri - the Great Oil Crisis! is it Strategically Planned?Crude oil has had a long history, and an interesting one. It is probably one single natural resource that has been instrumental in ensuring maximum conflicts and wars across the world. America: From Capitalism to SocialismSo much for what was once the model economic system in the world known as capitalism. While a few remnants of such a model still exist, more and more are dying off. 
Congress Please Don’t Do itBottom line the middle class was already on the decline and should this bailout be implemented the middle class as we know it will disappear and after all the dust settles and everything is said and done, it boils down to the rich will get richer and the poor will get poorer and the poor is who pays. The Seven Hundred Billion BailoutThere's no way that we can put humpty dumpty back together again. We need to start over with a new model and not try and glue together what can't be done.
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