Money & The Economy
News on Finance, Money, markets and the economy
4th Quarter GDP Number Misleading
The BEA published a revised report on the U.S. G.D.P. for Q4 2009. The revision was up .2 points from…
Read More »The Economic 800lb. Gorilla in the Room
Everyone is talking about tight credit, greedy capitalists, overpaid CEO’s and a real-estate market that’s starting to crash yet again…
Read More »The Reason for State Budget Collapses: Tax Cuts
In a Washington Independent article, Martha White writes that tax cuts and reductions to federal expenditures are to blame for…
Read More »The Rising Cost of Congress
For the last year, we have all been beaten over the head repeatedly with the notion that health care costs…
Read More »Economy Nearing Carter-Era Catastrophe – Volcker Present Again
Interpreting the latest unemployment report could make one’s head spin, but there is valuable information in it other than the…
Read More »Manufacturing Up as Factories Stop Cutting Inventories
As an almost total surprise, the Institute for Supply Management’s factory index(NAPMPMI:IND) rose to its highest level in three years. …
Read More »The Economy Stinks and the GDP Doesn’t Have a Clue
We all gain an understanding of gross income vs. net income when it comes to tax time and many of…
Read More »The Economy is Not Getting Better.. Yet
Much of the media has been declaring an end to the recession. I have been on the sidelines for months…
Read More »GAO:TARP Has Done Two Things, “Jack and Squat”
In the Government Accounting Office’s October “Report to Congressional Committees” on TARP, it is apparent that TARP’s success.. isn’t that…
Read More »Mortgage Bubble Started Crisis, Isn’t Getting Better
Last year the economy crashed. Now, the stimulus has stimulated, the Federal Reserve has eased, Geihtner has.. well done whatever…
Read More »Why Dow 10,000 May Not Matter
The last week has produced a euphoria in the market-place. The DOW has crossed (and again fallen below) this psychological…
Read More »Are You Running Your 401k? Are You Sure?
The Wall Street Journal published an article by Eleanor Laise that highlights an increasing practice by employers. Taking more-and-more control…
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