Say what you will about the recent Health Care Reform (I sure have), but I fully support Obama’s views and focus on economic overhaul. In a speech at Cooper Union College, President Obama compared quotes from his 2008 presidential campaign speech with the disastrous economic events that unfolded later that year. A free market was [...]
The senators who held out against the mammoth health care bill are set to make out like bandits [learn the details] … with your taxpayer dollars. Correction: Your grandchildren’s taxpayer dollars. The next few generations need to pay off the first $12 trillion the US government owes. How did we get here? Republicans and Democrats [...]
FoxNews.com published analysis that shows a “perverse” distribution of the federal stimulus money. Those states with greater hardship are receiving less in government monies. Meanwhile, states with greater affluence are getting more. This really should only surprise the people who believe it is government’s job to redistribute income. These people have blind faith in the [...]
Finally, attention is being paid to oil speculation in the trading markets. Over the past four years, oil speculators have skewed the pricing for oil and oil products beyond normal supply and demand forces. Oil speculators are short-term commodities traders that buy rights to oil in hopes that small upward price movements will allow them [...]
My family recently moved to the northern Atlanta suburb of Alpharetta. We found a house that needed a few fix-ups, and some of those take contractors (I’m handy, but I’m not a skilled craftsman). Anyway, the way most contractors act, you’d have a hard time believing there’s a “recession of history proportions” underway. Most never [...]
People are planning to party protest like it’s 1773.In reaction to the government’s trillion-dollar bail-outs and multi-trillion dollar budgets, Americans are organizing protest events called Tea Parties. The biggest coordinated events are next scheduled for April 15, 2009 (tax day in the United States). I live in Atlanta, so here’s my planning page. I have [...]
Video rental titan Blockbuster might be unable to continue operating. According to auditors and Blockbuter’s executives, the retailer is struggling to meet lender conditions to secure a loan for it to continue operations. Pundits point to the success of Netflix as the main reason of Blockbuster’s troubles. I don’t think it’s that simple. Consumers are [...]
While the media and American public express unchecked outrage about AIG’s bonuses, I’d like to propose one item to think about and another to chew on. Item #1 Many of the politicians who are outraged about the multi-million dollar bonuses are the same ones who knew that bonus provisions existed in the bail-out deals. For [...]
Whether you’re looking for extra income or need some income as you search for another full-time opportunity, here is a quick list of 10 ways TechRepublic says you can make a little money with the knowledge you have. 0 | Like This Post
The Stimulus Bill passed both Houses of Congress and is headed to President Obama’s desk for a signature. After reading and hearing about the contents of the Stimulus Bill, my concern is that it’s 98% spending and 2% tax cuts. That’s not a very good ratio. BTW, all the talk about this package ushering in [...]
