Thursday, October 30th, 2008
Non Profit organizations are often criticized for not being run "like a business". What that means is pretty murky but seems to imply that the Non Profit is wasteful and could do better by following general business practices. This assertion has always amused me. Especially now as we see so ...
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Tuesday, September 30th, 2008
Not long ago, the President stood before the American People to make his case for the massive bailout plan that Congress is now working to approve. With the sincerity and the passion that characterize him, President Bush made it clear that "this time is an extraordinary period for America's economy". ...
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Saturday, September 27th, 2008
Anyone facing foreclosure knows that in most cases that they have been snookered. Funny how mortgage contracts will adjust for increasing payments, but none adjust down if the economy goes bad.
Now the government is going to give Wall Street a 700 Billion dollar bailout plan. Now this plan is suppose ...
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Tuesday, September 23rd, 2008
I asked in one of my earlier posts if the US Dollar has bottomed or will the US Dollar crash? What I find fascinating... is that common logic ...that the US Dollar should have gotten crushed over the weekend. Well it is 5 am and I am drinking my coffee ...
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Wednesday, September 3rd, 2008
With only the possibility of John McCain and Barack Obama, I would say that whose to blame for high gasoline prices has been the most played news story across every media network over the last month or two. The national average for gasoline peaked earlier this month around $4.11 per ...
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Tuesday, August 12th, 2008
Existing home sales fell to 4.86 million units, about 2.6% below consensus estimates of 4.94 million units. The report also cited a huge deterioration in median home prices, down to $215,000 or down over 6% from last year. This highlights the bleak outlook for the housing market, as the housing ...
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Saturday, July 19th, 2008
The cable business networks are all a flurry with discussions about rising prices, bank failures, and our failing economy. But I have noticed something critical missing in these discussions. Seldom is anything mentioned about the underlying cause of our troubles...The worthless piece of paper we call the dollar!
The question is ...
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Wednesday, July 16th, 2008
One often wonders how today's economy affects the all might dollar. The truth is that most people have a hard decision to make about where to spend the dollar. The gas prices have risen above $4 a gallon leaving many people without other things they need to live. If you ...
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Wednesday, July 9th, 2008
Wait long enough the saying goes and everything comes back in fashion. Well I don't know about you but the pain and suffering being experienced by many people in the UK today is one fashion I could do without.
The press and social commentators are happily comparing now with the financial ...
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Sunday, June 22nd, 2008
Recently the United States government has passed a law making it illegal for credit card companies or other such institutions in the United States to make payments over the internet to businesses that are involved in online gambling. I for my part would like to say that I am not ...
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