How strong was the American economy going into the present crisis? How strong will it be a year from now? How about five years from now? Investors and citizens around the world realize, as never before, that we were misled—lied to—about the stability of our financial system. But what now? John R. Talbott's ingenious new book, The 86 Biggest Lies on Wall Street, exposes the lies and then exposes us to the truth of what it will take to rebuild our economy. As a former investment banker at Goldman Sachs, Talbott knows firsthand how the financial system operates and what it will take to fix it. As the "oracle" who predicted the housing crisis in his 2003 book, The Coming Crash in the Housing Market, warned of a global banking crisis in his 2006 book, Sell Now, and called the election for Obama when the senator from Illinois was still the underdog in Obamanomics, Talbott' s revelations about how the Street and the economy really work are as clear-eyed and undeniable as his predictions and recommendations for our economic future are tough, sensible and exciting. We may ignore them at our own peril. What will people be talking about in years to come? To find out, read John Talbott now.
Bestselling author John Talbott outlines the troublesome economic times ahead and what can be done about them Tough times are here, and author John Talbott-who accurately predicted the dot.com technology stock collapse as well as the recent housing, mortgage, and financial crises-argues that the coming global recession will be unlike anything we've ever seen. In Contagion, Talbott turns his attention to this crisis and offers insights on what can be done to navigate such treacherous terrain. Talbott sets the stage by discussing how government borrowing and spending on the war, healthcare, Social Security, and corporate giveaways combined with dramatic increases in personal spending, fueled by credit card and mortgage debt, have funded unsustainable levels of personal and government consumption. Offers practical suggestions as to how investors and homeowners can best weather this storm with straightforward advice on where to invest Examines real estate and housing issues to help you make the best decisions possible in this arena Details the best ways to utilize stocks, bonds, TIPS, and commodities, and to prosper during this global crisis If you really want to protect yourself from the unfolding economic crisis, then Contagion is the book you need to read.
How Far Can Home Prices Fall? What Can You Do to Protect Yourself? Home prices are seriously overvalued in many regions of the United States. The question is no longer if, but rather how far, home prices will fall and over what time frame this bubble will deflate. Home values have been escalating in real terms since 1981, the year nominal interest rates last peaked. And the greatest price increases in percentage terms have been in the wealthiest and most exclusive cities in the world. Sell Now! analyses the evidence and offers clear explanations of these perplexing issues. Overly aggressive mortgage lenders have fueled this overheated market by extending too much credit to home buyers and by offering ever-more exotic forms of mortgages. Many home buyers have been caught in a never-ending race to achieve status, often overpaying for homes in the "right" neighborhoods. And people's pursuit of easy profits has pushed prices to unsustainable levels. Finally, there is a reasoned analysis that not only explains how home prices got this high, but why they are sure to fall and by what amount. Sell Now! debunks many theories that purport to show that home prices are either reasonable or are sustainable at their current high levels. How bad can it get? Unlike previous home-price declines, this cycle has the potential to be not only national, but international in scope. The national economy, so dependent on the housing, mortgage, real estate, banking, and construction industries for growth, is at risk and the entire banking system might come under fire. You owe it to yourself to become better informed about the possible impact on you, your family and your most important asset---your home.
The Coming Crash in the Housing Market" shows homeowners how to avoid owing more to lenders than their houses are worth--known as an "underwater" mortgage--and reveals commonsense steps for protecting one's assets when the bottom falls out.
A startling look at how unsustainable debt levels, in the US and around the world, are endangering many standard investments, and what people need to know to protect their money Most individuals and institutions hold the preponderance of their investments in common stocks, corporate bonds, mutual funds, index funds, muni bonds, money markets, bank CDs, and Treasury securities. But these conventional investments will not do well in a world dominated by corrupt, debt-laden governments and thieving bankers, brokers and middlemen. Finance guru John R. Talbott, prescient predictor of the financial crisis and the housing market crash, offers a new paradigm for the coming economic reality. He shows how the recent housing collapse and global economic crisis left governments of the world with enormous annual operating deficits at a time when the banking system continues to struggle with bad debts and requires additional government guarantees and bailouts. Add the fact that growth is constrained because the first wave of the baby boom is hitting 65 and consumers are still loaded with unsustainable levels of debt, and you have a recipe for an economic catastrophe. In this uncertain atmosphere, Talbott offers clear strategies on what you can do to protect your investments and your family. Among the global dynamics covered are: *the low-wage threat of China and India *the legitimacy of gold investing *the false security of diversification *the risks of sovereign debt . . . and why most economists are missing the boat.
Bestselling author John R. Talbott, who predicted the housing and mortgage crisis, pictures in Obamanomics--written well in advance of the historic 2008 elections--a Barack Obama presidency based on justice and cooperation—principles that have not held sway in Washington, DC, for quite some time. Talbott's powerful grasp of finance allows him to connect the issue of financial inequality in America with our need as a people to embrace change. Obama has shown he knows that divisions among races, religions, and political views have prevented Americans from coming together to solve the most important problems of our age. Obamanomics, infused with Obama's speeches, campaign policy statements, and other writings, describes a government acting according to democratic principles to enact lobbying reform, get our economy moving again, fix our healthcare system, slow global warming, prevent unnecessary wars, improve education, address the aging of our population, find alternative energy sources, and bring about housing, mortgage, and banking reform.
This revolutionary eating plan reveals definitive proof that sugar is addictive, and presents the first science-based program to cut out the sugar, stop the cravings that cause most diets to eventually fail, and lose weight--permanently. If you’re like most people, you’ve tried a few (or maybe many) different diets without success. The truth is, most diets work for a while, but there’s usually a point at which the dietary restrictions become too difficult to maintain. Why? Because whether you’re following a low-carb, paleo, gluten-free, or even an all-liquid green juice diet, the addictive nature of sugar causes cravings to take over and sabotage your diet-of-the-moment. In Why Diets Fail, Dr. Nicole M. Avena and John R. Talbott reveal definitive proof that sugar is addictive and present the first science-based program to stop the cravings and lose weight—permanently. A neuroscientist and food addiction expert, Dr. Avena has conducted groundbreaking research showing that sugar triggers the same responses in the brain as addictive drugs like cocaine, nicotine, and alcohol. And like those other substances, the more sugar you eat, the more you need to get the same pleasurable feelings. (No wonder your last diet didn’t stick.) Avena and Talbott’s eight-step plan walks you through the process of going sugar-free and surviving the make-or-break withdrawal period—those first few weeks when your body feels the absence of its favorite sweetener most acutely. An easy-to-use Sugar Equivalency Table developed by Talbott lists the amount of sugar in hundreds of common foods so you know precisely what to eat and what to avoid. And when it comes to what you can eat, you have a lot to choose from. In fact, you’ll probably eat more on this diet than you normally do—while continuing to lose weight. This science-based program is the diet to end all diets. It will help you break the yo-yo dieting cycle, end those maddening sugar cravings, and develop a new longing for the good food that will keep you fit, healthy, and happy.
In this examination of the questions posed by the problem of evil, John Feinberg addresses the intellectual and theological framework of theodicy. Beginning with a discussion of the logical problem of evil, he interacts with leading thinkers who have previously written on these themes.
If Europe, Russia, and international bodies such as the U.N. and NATO end up playing a more prominent role in Iraq's immediate future, all parties, including the United States, would do well to revisit the lessons learned during the U.S.-led war in Kosovo in 1999. As a confrontation over Kosovo's final push for independence looms, this book offers seminal insight into the negotiations that took place between the United States and Russia in an effort to set the terms for ending the conflict. This study in brinksmanship and deception is an essential background for anyone trying to understand Russia's uneasy relations with the West. America's relationship with Russia has become increasingly important as Washington has engaged Moscow as a critical, but often prickly, ally in the war on terror. From smoky late-night sessions at dachas outside of Moscow to meetings in the White House Situation Room, Norris captures the feel of a war that repeatedly threatened to spin out of control. He offers a vivid portrait of some of the larger-than-life characters involved in the conflict, including U.S. president Bill Clinton, General Wesley Clark, Yugoslav president Slobodan Milosevic, and Russian president Boris Yeltsin. New information includes backstage efforts to open a direct negotiating channel between Milosevic and Washington at the height of the conflict. The book reaches a dramatic crescendo against the backdrop of the war's final days, when Russia unleashed a secret plan to push its forces into Kosovo, ahead of NATO peacekeepers.
Barth's richest, most joyous novel yet describes a couple's journey on the Chesapeake Bay, a cruise that overflows with stories--of past lives and love, entanglements with the CIA and toxic waste, and inventive brushes with Don Quixote, Odysseus and Scheherazade.
Few men have been more important to the life of Kentucky than three of those who governed it between 1930 and 1963—Albert B. Chandler, Earle C. Clements, and Bert T. Combs. While reams of newspaper copy have been written about them, the historical record offers little to mark their roles in the drama of Kentucky and the nation. In this authoritative and sometimes intimate view of Bluegrass State politics and government at ground level, John Ed Pearce—one of Kentucky's favorite writers—helps fill this gap. In half a century as a close observer of Kentucky politics—as reporter, editorial writer, and columnist for the Louisville Courier-Journal—Pearce has seen the full spectacle. He watched "Happy" Chandler vault into national prominence with his flamboyant campaign style. He was shaken by Earle Clements for asking an awkward question. He joined in the laughter when a striptease artist was commissioned a Kentucky Colonel during the Combs administration. And he watched as the successive governors struggled to move the state forward, each in his own way. Yet this is more than a newsman's account of events. Pearce probes for the roots of the troubles that have slowed Kentucky's progress. He traces the divisions that have plagued the state for almost two centuries, divisions springing from the nature of Kentucky's beginnings. He studies the lack of leadership that has hampered the always dominant Democratic party and the bitter factionalism that has kept the party from developing a cohesive philosophy. When the candidate of one faction has taken office, he shows, the losing faction has usually made political hay by bolting to the opposition party or torpedoing the governor's efforts in the legislature instead of uniting behind a progressive party program. The outcome of such long-term factionalism is a state that must now run fast to catch up.
The North, Middle, and South Forks of the Flathead River drain some of the wildest country in Montana, including Glacier National Park and the Bob Marshall Wilderness Complex. In Rangers, Trappers, and Trailblazers, John Fraley recounts the true adventures of people who earned their living among the mountains and along the cold, clear rivers in the 19th and early 20th centuries. Here are the stories of the intrepid Glacier Park Ranger Clyde Fauley and his young family using a cable bucket to reach their isolated cabin across the Middle Fork, trapper Slim Link’s fateful meeting with a grizzly bear in the deep woods of the North Fork, and the life and times of Henry Thol, “the ranger’s ranger,” who happily snowshoed hundreds of miles through deep snows and minus-40 cold to patrol the South Fork wilderness. Tragedies and near-misses abound: a fatal shootout, tangles with bears and packrats, a devastating train wreck, and a missing airplane. But these are balanced with tales of courage, endurance, and remarkable personal achievement. Fraley tells all in intriguing detail wrested from primary sources.
The 466 men who have held the increasingly demanding and prestigious position of Head Coach in the National Football League and the two leagues that merged into it (the All America Football Conference of the 1940s and the American Football League of the 1960s) form an exclusive club. This book essentially answers three questions about every professional head coach since 1920: Who was he? What were his coaching approach and style, in terms of both leadership and gridiron tactics? How successful was he? Every entry begins with standard background information, followed by each coach's yearly regular season and postseason coaching record, and then his statistical tendencies toward scoring, defense and play calling. The entry then addresses the three questions noted above.
Sherwood Anderson: An American Career is the first critical introduction to this important Midwestern and American writer in over a quarter century. While reevaluating the accomplishments in Winesburg, Ohio and Anderson's other novels and short stories, it pays more attention to his non-fictional, autobiographical, and journalistic writing than do previous studies. It draws on unpublished manuscripts in the Newberry Library Anderson papers that shed new light on a prolific career, manuscripts such as Talbott Whittingham and An Ohio Paper.
Examiner of the Navy and the First Lord of the Admiralty during the Trafalgar Campaign, Sir Charles Middleton was responsible for creating vital links between the naval shore establishment, policy makers in Whitehall and commanders at sea.
Following the passage of the Confederate Ordinance of Secession in April 1861, pro-Union Virginians met in Wheeling and began the process that would lead to the formation of West Virginia as a separate state. Despite the new state's allegiance to the North, the population of West Virginia remained divided in its loyalties, as author John W. Shaffer has described in his other book, "Barbour County, A Clash of Loyalties: A Border County in the Civil War." In his latest effort, "Union and Confederate Soldiers and Sympathizers," Mr. Shaffer enumerates over 1,000 individuals who comprised the fractious community of Barbour County. Using official military records, the 1860 U.S. federal census, and a variety of other primary and secondary sources, the author lists 718 Union and 528 Confederate soldiers and sympathizers from Barbour County. These individuals are arranged by army and thereunder alphabetically. For each we learn the military unit (except for sympathizers), dates of service, duties, date of birth, names of parents, postwar occupation and other activities, and date of death. Mr. Shaffer's Introduction describes the background of the Civil War in Barbour County, while the Appendices specify the Union and Confederate units and military engagements in which Barbour citizens fought.
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