Wells Fargo/ Wachovia
1) January 2008 $25.48/ share
2) September 2008 39.80/ share
3) T.A.R.P recieved $25 billion (this was the same time that they bought out wachovia)
4) Currently in 2011 Wells Fargo stock is trading at $28.60/ share
5) Wells fargo was apart of sub prime morage lending with 638 Sub Prime lending offices. In 2003 the amount of sub prime morgages that were lent by Wells Fargo totalled $16.5 billion dollars.
7) might find this interesting
http://www.marketwatch.com/story/imf-bombshell-age-of-america-about-to-end-2011-04-25?pagenumber=1
Monday, April 25, 2011
Friday, April 22, 2011
what grinds my gears!
You know what really grinds my gears? When all these companies that are based in U.S. outsource their labor. This results in less jobs for middle class Americans. Which increases the number of people on unemployment. All for a product that cost half that of something made in America, and falls apart twice as fast. Support America, buy American made organic products. The cost is more but the quality is amazing and 100% worth it. Smash!
Sunday, April 17, 2011
The Moral Struggle!
As if shopping wasn't enough of a hassle I have been educated recently on Fair Trade, Free Trade, and everything between. I feel like I have definitely heard a lot of this information before but for some reason it didn't impact me like it did this time. I have completely altered my shopping habits, spending the last week bookmarking all the eco friendly, U.S. Union made clothes websites. The Selection Isn't quite so vast, but the quality is far superior and if your looking for organically made clothes as well you drastically decrease the amount of chemicals your skin is exposed to every day. anything that can make me a healthier being I am in full support of. While I have altered my shopping habits my duty as an informed person is not done. I will consciously teach others about the positives and negatives that correspond with free trade. I will remind them that they DO have a choice about where they purchase their merchandise. This is still a consumer based economy, so how bout we start supporting our own country and the smaller companies that have stayed true to the consumers. Not trading quality for quantity, or taking advantage of impoverished nations for cheap labor. Small, Local business is how this countries infrastructure was suppose to flourish but somewhere along the line we have all lost sight of that and now we just see dollar signs (who's the cheapest). It's not too late we can take back this country and our humanity. Shop Local, Shop Fair Trade, Shop America!
Sunday, April 10, 2011
ENGL 1A
My name is Nick, I was a SSG (Staff Sergeant) in the United States Army and served for 6 yrs. I just recently ended my contract with the Army, I was really looking forward to continuing my education and enjoying the Freedoms that i believed i had defended. So you can imagine my surprise when i began to realize more and more that a lot of those inherent freedoms no longer existed. The more i learned, the more i realized my life on this planet had landed on a very critical age. This "critical age" I speak of is also a depressing one, so many facets of our once everyday life coming to a head whether its Oil, the Monetary system, or our disgusting addiction to the technological vices. I couldn't stop wasting my energy stressing about what is and what i needed to do, instead of what i was doing. But now through several practices that i have adopted i completely turned my life around by focusing a lot of those wasted energies inward. I am very aware of what our current global issues are and have set my life in motion to directly affect those issues. The difference is I am at peace with my decisions and the time it will take to make a serious impact. instead of obsessing with the future i now live completely in the present, with this comes a certain clarity and an overwhelming joy to be apart of the most important age of our Earth.
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