25 People Who Will Affect Your Finances in 2009

From CEOs to politicians, these are the folks who will move markets

February 5, 2009 RSS Feed Print
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19) Austan Goolsbee. The young star from the University of Chicago Graduate School of Business is the cheerful face of centrist, market-friendly policies in the Obama Administration. He's won over conservative critics including George Will despite his own criticisms of supply-side conservative policies. His role as chief economist for the President's Economic Recovery Advisory Board will include helping to fix the financial crisis while keeping up the administrations' pro-market, pro-trade credibility.

20) Rupert Murdoch. He won the battle to buy the Wall Street Journal, and the billionaire News Corp. head continues to oversee a sprawling global empire of media properties. How he'll fare during one of the worst advertising markets in history remains to be seen.

21) Nouriel Roubini. They call him "Dr. Doom." The New York University economist has the right to wear the title as a badge of honor. After correctly predicting the severity of the housing and credit crisis, he's a continually popular source for the latest version of what could still go very wrong in the economy.

22) Maria Bartiromo. Anchor of CNBC's "Closing Bell with Maria Bartiromo" and host and managing editor of the nationally syndicated "Wall Street Journal Report with Maria Bartiromo," she's become the first face of financial news during one of the worst downturns in history.

23) Neil Cavuto. Fox's irascible Neil Cavuto has seen his profile rise as the financial crisis rages and the economy swoons. A familiar face on both the Fox News Channel and Fox Business Network, he's the network's unapologetic free-market voice at a time when defending capitalism has become a tougher sell.

24) Lawrence Kudlow. If Barack Obama makes the case for higher taxes on the rich, you can bet CNBC host Lawrence Kudlow will be taking the other side of that trade as a long-time banner-carrier for the tenets of Reagan's supply-side revolution.

25) Paul Krugman. Arguably America's best-known living economist, Krugman won the 2008 Nobel Prize in economics for his work in international trade. In his more public role as one of the staunchest critics of the Bush Administration, the New York Times columnist and author remains both an unapologetic partisan and a helpful demystifier of complex economics.

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During past 10-15 years of "global economic" reform and "free trade" our Feds and financial clans have been successfully working on conversion of our system into monopolistic body with socialistic engine. They wanted to give birth to an ugly mutant and they did it. I call the new system Mastrubism, or you give it your name. It's partly socialism due to high spending on people at the bottom and free huge money for selected by government leading giants/companies in their industries. This reminds me Soviet Union/USSR a lot. We used to have full government control of all industries starting with manufacturing, then distribution to warehouses and ending with large government controlled chains of small and large stores/retailers. That basically what's going on now slowly but surely here in USA. Government taking over large giants by borrowing them fresh printed money which costs government almost nothing. This is hidden type of step-by-step privatization of these formerly privately own chains. This is why government was demolishing our normal capitalistic economy starting from 1970 by almost uncontrolled import of import cars and other products and making local manufacturers go out of business. It started with manufacturers, then professionals such as programmers and engineers in 2000 and up. Then the most deadly hit was introducing and empowering by credits and patronage "small business killer chains" like Walmart, Kmart, HomeDepot, Lowe's, Staples, Target, BestBuy, Sears, Marshals, Liquidator, Ikea, etc. They all say to us "Save More, Live Better" or "More Saving, More Doing". Oh yes! However what they not telling us, that we eventually will close most of our small businesses operated by us, our family members, friends, neighbors, etc. Who will benefit from buying from these stores? Mostly people in need who are on government assistance, people with stable jobs with stable companies, government employees, and similar individuals. If you have more money then you can spend per month you will survive without going to this kind of large stores which are basically working for government now. The goal here is to socialize the retail industry by slowly and surely killing small independent retailers with "price beating"/ "wholesale to public" concepts and tools. Who is wining here? Nobody, but government and its direct investors/clans. What it does to our Capitalism and USA market? It kills it. The first rule of Capitalism is to protect small businesses and local manufacturers from monopolists in their industries. There are has to be no blood sucking giants, if we want to preserve healthy capitalism and its creative spirit. Government was created to protect small businesses from giant monopolies and uncontrolled imports. It failed to do so and sold its soul to clans. Every smart and talented small business owner knows that it's impossible to fight a wholesale to public giant, and most of businesses give up to fight or just not being given new births anymore.

AC of NY 4:26AM July 19, 2009

92X2RI

Czzcilda of AR 10:55AM July 15, 2009

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Kflgiaio of WV 7:10AM July 14, 2009

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