 |
|
  Vanguard Endorses Obama, Democrats On the eve of the midterm elections, the giant mutual fund firm Vanguard has weighed in on the side of President Obama and the Democrats with a blog post by a company official declaring that without President Obama's stimulus bill, Americans might be facing a scenario of "unemployment of 15% or more. A Dow that would have fallen 75% off its peak—to 4,000 or less—before recovering to a level much below today's. An economic recovery that might not yet have begun. And finally a foreclosure crisis even larger than our present one." The author of the post acknowledges that it is a "guess," leaving Vanguard investors (including this one) wondering why company officials are publicly guessing about politics and public policy so close to an election. Vanguard Endorses Obama, Democrats On the eve of the midterm elections, the giant mutual fund firm Vanguard has weighed in on the side of President Obama and the Democrats with a blog post by a company official declaring that without President Obama's stimulus bill, Americans might be facing a scenario of "unemployment of 15% or more. A Dow that would have fallen 75% off its peak—to 4,000 or less—before recovering to a level much below today's. An economic recovery that might not yet have begun. And finally a foreclosure crisis even larger than our present one." The author of the post acknowledges that it is a "guess," leaving Vanguard investors (including this one) wondering why company officials are publicly guessing about politics and public policy so close to an election.
First time here? Register Free as a New User. Write a Review of work by this JournalistTo post your review, please sign in. First time here? Register Free as a New User. Post a prediction made by this JournalistTo post a prediction, please sign in. First time here? Register Free as a New User. |
Steve UtkusAge:
Facebook Page:
Twitter Account:
Phone Number:
Email Address:
Country:
Frequent Topics of Writing:
Media Outlets:
Work History:
Websites/Blogs:
Books by Steve Utkus:
Educational History:
Voter registration/Party affiliation:
Charities:
Professional Network/Frequent Sources:
Personal Network/Friends and Allies:
|
To Add an Article Link, please 
Most Viewed
Newest Profiles
Latest Updates
Sign In
© 2024 FutureOfCapitalism, LLC.
Home | About | Browse Journalists | Terms of Service | Privacy Policy
