Daily Archives: September 1, 2011

Weighing in on the decline of the economy, with Lakshman Achuthan, Economic Cycle Research Institute, who says he would rather not rule a recession out because the indicators show decline not growth.

First, a new report from the Institute for Policy Studies points out that 25 of the largest US companies paid more to their CEO’s in 2010 than they paid in corporate taxes. 20 of them paid more in lobbyist fees than … Continue reading →

Bloomberg TV’s Margaret Brennan speaks to Nouriel Roubini, co-founder and chairman of Roubini Global Economics LLC. Roubini tells Brennan, “we’re going into a recession based on my numbers” and that the Federal Reserve and other authorities no longer have the … Continue reading →