Angry Parents Express Concerns, Frustration At Uvalde School Board Meeting

Hyperinflation? Depression? What Will be the Outcome of the Fed’s Banking Panic?

Taking lessons from Enron in how to securitize and hide debt was apparently not a good idea for large banks, as they now have to deal with trillions of dollars of potentially bad debt. Even worse, no one can quite figure out who owns this bad debt, or how to get rid of it. But the Federal Reserve has stepped in to take care of even that problem, by offering to trade bad mortgage debt for Treasury securities.

It’s Not The Economy, Stupid

In the current economy it may seem tough to keep sales growing and black ink on the bottom line. Learn why the economy is not the enemy as you learn what to do to thrive.

Is 2008 The Year of Recession or Depression? Should I Purchase an RV?

Will 2008 be the year of the next great depression or is it just a recession? How can you survive if you lose your home and have nowhere to go? Is buying an RV while your credit is good the answer?

A Silver Lining in the Credit Crisis

The credit crisis that has gripped major brokerage firms by the throat in the US is beginning to have an impact on Canada. The 33 billion tied up in asset based commercial paper (ABCP) is evidence of that. Some of the firms who are deeply involved in the ABCP have begun to seek bankruptcy protection.

Time For A Stronger US Dollar

Why is the U.S. government completely unconcerned about the decline of the U.S. dollar? Publicly, President Bush and Treasury Secretary Paulson claim that “a strong dollar is in our national interest” but both of them refuse to do anything about it. Read this article for a quick synopsis of the problem and how it effects you.

The Fed Gets Help From China?

Conventional economic wisdom would tell us that a weak currency would fuel inflation in prices. This is evidenced by economic examples throughout history. The Federal Reserve prints money, the value of the dollar weakens, and prices go up. It simply takes more dollars to equal the same value of a good. Some analysts, however, are finding mounting evidence that the dollar does not fuel inflation like it used to.

Florida Education Faces Huge Budget Cuts in 2008

In the 2008 legislative session, the Florida state legislature must cut nearly one billion dollars from its operating budget. The recommendation from Governor Charlie Crist and the legislative committees is to cut from education. The main question left seems to be “how much can the schools afford to lose?” Unfortunately, despite the promises made during the Amendment 1 campaign that a tax cut would not affect Florida students, education is almost guaranteed to take one of the biggest financial losses this year.

Bear Stearns From 20 Billion to 236 Million and Beyond

What a difference a year makes. Last year at this time Bear Stearns had a high flying stock price of $150 a share and a market valuation of 20 Billion. Having been founded in 1923 they were considered one of Wall Streets most venerable investment houses.

The Black Hole in Society and Why it Sucks Up Your Cake

Take a close look at what is happening to the American way of life. It is going downhill big time. We are facing the biggest crisis in the history of this country. And as with all crises, this one too is self-produced by every single individual. How did we get here? There are basically two ways to live your life and make a living. Each way is a different approach that varies considerably in its outcome…

The Formula For “Talking Up” A Recession

The economy we are facing today is uncertain at best. But if it were up to the media, we would be killing each other over a loaf of bread, and burning cars in the streets.

Banks Facing Treacherous Times

Ben Bernanke, chairman (or God as referred in the finance industry) of the American Federal Reserve expects a number of banks to fail within the next few years. These banks hold YOUR money. What seems unthinkable has become quite probable with the unfolding of the credit debacle.

You May Also Like