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September 03, 2008
Post Olympic Stress shows up in a lot of different ways and a lot of different places.Look around and you'll see it: the blank stares that won't be satisfied with anything BUT live Olympic action.People are on a quest - a quest to find something to fill that Post Olympic void.But what's harder to ..
August 28, 2008
Currently, the United States is in a recession and this means that cities are worried about providing services when their tax receipts are down. Many cities get a percentage of the sales tax revenues, but what happens when sales dry up? When recession hits the highest ticket non-essential items are .
August 27, 2008
More than seven moths ago, I wrote an article describing, up to the very last point, what would happen to this (our country the USA), if we continued spending “Billions" (by now Trillions) of dollars in a futile war that should had never been started. All for a country that is not our country .
August 25, 2008
The economy is clearly not in good shape. We may or may not currently be in a recession, and while conditions won't get nearly as bad as the Chicken Littles of the world would have us believe, they most certainly won't improve either. Well, dramatically, anyway.The economy has been under a ..
August 25, 2008
The economic development association of Denver has been instrumental in revitalizing downtown and turning the more degraded peripheral areas into an economic success story. Today the light rail relieves traffic downtown and in the surrounding area. The incredible work done in Denver is a testament ..
August 24, 2008
"When the economy gets tough it is always the small businesses that get things moving again, but let's not tie their hands behind their backs" stated one Free Market Economic Think Tank recently. Indeed, it would be hard to deny that our small business sector is the back bone of our economy. After ..
August 22, 2008
As we get to the nitty gritty of the financial world and the recent credit crunch, there is the question, of why we rely so much on oil to determine our economy and our quality of life.The UK for instance now has reduced oil production as reserves drop and are harder to get hold of, so they move ..
August 21, 2008
The mention of Europe brings to mind quaint streets filled with cabs, bicyclists, and pedestrians. It doesn't initially make you think of fuel protests, exorbitant fuel costs, and rising food costs. Don't Europeans walk everywhere?The United States is not the only country that has been experiencing .
August 21, 2008
This year the U.S. economy has had the largest drop in building permits, stocks have fallen to record highs and unemployment continues to rise. This current trend is driving more individuals and businesses towards debt settlement.The single most telling event is the decline in building permits ..
August 21, 2008
Conveyancing in London and the United Kingdom has started to feel the housing market crunch but The First Time Buyers’ Initiative (FTBI) was introduced to make more affordable homes available to first-time buyers. It is available throughout England from 23 regional HomeBuy agents. So what ..
August 21, 2008
It is obvious that The Western nations have an intense fear of Russia. This fear has been with them even before the Russian revolution. The Mongolian Hordes once swept through Western Europe and slaughtered millions before they were repulsed. The Second World War recreated history when the Russian ..
August 21, 2008
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works". - John Stuart MillClients and prospective customers often ask, “Which way are mortgage rates going?", and “Is now a good time to ..
August 18, 2008
The Housing and Economic Recovery Act of 2008 is the new bill passed by the Congress and signed into law that has been explained as providing government help to homeowners facing foreclosure, but which really illustrates just how closely connected Congress is with financial and business interests. ..
August 18, 2008
The collapse of the housing market, despite impoverishing the middle class and wiping out trillions of dollars of home equity and turning suburbs into slums, will assuredly turn out to be a great profit-center for the wealthy. So many subdivided, built up resources just sitting empty throughout ..
August 15, 2008
With the economy shift the US has most of its work force employed in the service sector. This is because we are competing Globally and losing most of the time in manufacturing. There are lots of reasons we do not make nearly as much in this nation as we use too. And many reasons why there are fewer .
August 15, 2008
From time to time all of us have to tighten our belts. Sometimes we know why and others often remain a mystery. For those of us in the real world, we simply get by with less. The money does not go as far so we learn to make trade offs. We buy less expensive products or we cut back on the volume we ..
August 15, 2008
The price of gasoline has increased more than 150 percent in the last five years. In 2007, Americans paid on average $3 per gallon for regular unleaded. Today, many are struggling to pay the record setting $4 per gallon, which is why more people are riding buses and selling their sport utility ..
August 15, 2008
Alan Greenspan, former Chairman of the Board of Governors of the Federal Reserve criticized the government's response to the issues that arose from the mortgage giants, Fannie Mae and Freddie Mac's recent troubles. While he often supports his opinions with a laundry list of clauses, side notes and ..
August 14, 2008
"I'm in show business, why come to me?""War is show business, that's why we're here."- “Wag the Dog" (1997 film)The first week of August 2008, Fannie Mae and Freddie Mac had just announced record losses, and so had most reporting corporations. Unemployment was mounting, the foreclosure crisis .
July 18, 2008
It's true, stores are almost giving away their stock right now. Fewer of us are prepared to part with our hard earned cash because we know that times are going to be hard over the next few years. Well, that's not strictly true. Many of us are saving money but those of you with keener eyes will know .
July 16, 2008
When looking at Google-trends there is some search volume on the term “Kondratieff," but all entries have a European origin. I have checked EzineArticles.com too and the search for “Kondratieff" delivers no results.If the Kondratieff wave exists, there is very little interest for them ..
July 13, 2008
In todays’ economy, more and more often you are going to find people doing whatever they can to find the lowest gas prices in their area! Depending on where you live, the increasing cost of fuel makes it more difficult to pay those bills.Why do I say that?With the cost of gas hovering around ..
July 12, 2008
If you have been watching the news and reading the newspapers obviously you have seen the heavy handed negative press when it comes to the economy. Generally in an election year we have a good economy.So why are we getting such bad reports? Well much of it is a created reality, perhaps to assist a ..
July 15, 2008
America is at a crossroads. Economic fundamentals, market cycles and demographic trends are all converging that threaten the long term economic prosperity to which we Americans have become accustomed. The combination of Baby Boomers passing their peak spending years, a record number of Americans ..
July 03, 2008
We've all been asking ourselves “Why are gas prices so high?" After all, less than 2 years ago, the price of gas was less than half what it is now.The most common reasons given by people when asked that question are either “oil speculators" or “greedy oil companies". The truth is, .
June 26, 2008
The two most heavily populated countries in the world are China and India, with China holding the top world population position.Common but different, both are Asian nations that have large labor pools to draw from and at what a Westerner would consider to be dirt-cheap wages.Both countries are on ..
June 15, 2008
Excuse me for saying so, but the Federal Reserve needs to modify its model slightly. For instance, it now takes in information from the 12 FED Banks, where its leaders hail from. Unfortunately, many of these cities are old industrial cities and they are no longer the big prime moving cities.If you ..
June 09, 2008
Recently, Cerberus Capital Management (CCM) made headlines when the company announced a partnership with Darwin Deason, who is both the founder of Affiliated Computer Services, Inc. (ACS) and the company's chairman, to jointly purchase all outstanding shares of ACS common stock. According to ..
May 30, 2008
You know, every so often I like to sit down and write to just vent about what the hell it is that is going on in our country...being the United States of America. As a business person, it's somewhat therapeutic to post an article and see if my views are much different than my fellow Americans. ..
May 30, 2008
Imagine you are an Oil Exporting Country, oh yah, imagine your good fortune, but is it really all it's cracked up to be, remember; all good things come to an end. Indeed, a recent economic survey of African Nations showed excessive inflation of oil exporting countries and moderate to high inflation .
May 27, 2008
Until last week, there have been two stories running in parallel. The first story is of rampant inflation fueled by the price of oil making record new highs every week. The subtext to this story is the dawn of a difficult decade. The second story is of a stock market that believed inflation would ..
May 23, 2008
As well as being the day of the week which many people look forward to the most, a recent study has revealed that Saturday is also the time where consumers are most likely to splash the cash.In research carried out by the Co-operative Bank Credit Cards, it was revealed the typical Briton will spend .
May 22, 2008
n the face of rising constraints in the financial markets, Britons appear to be evermore prepared to take steps to safeguard their spending.Such is the claim of Birmingham Midshires, following the release of figures from the financial services provider revealing that consumers are putting an ..
May 21, 2008
Have you noticed that food prices have become outrageous? Of course that have. The increased prices of oil is causing a ripple affect with everything. Even though the eggs and the milk are the same, it cost more to feed the chickens that lay the eggs and more to feed the cows and goats that ..
May 20, 2008
The present difficulties being experienced in the currency exchange markets are causing a significant number of Britons to think twice about where they will head off in the search for some summer sun, a new study reveals.Research carried out by moneysupermarket indicates that as the pound continues .
June 09, 2008
On the Global Waterfront: The Fight to Free the Charleston 5 by Suzan Erem and E. Paul Durrenberger. Monthly Review Press: 240 pages, 2008. $17.95. When the union's inspiration through the workers’ blood shall runThere can be no power greater anywhere beneath the sun;Yet what force on earth ..
May 14, 2008
The mother of all insider trades was pulled off in 1815, when London financier Nathan Rothschild led British investors to believe that the Duke of Wellington had lost to Napoleon at the Battle of Waterloo. In a matter of hours, British government bond prices plummeted. Rothschild, who had advance ..
May 12, 2008
Guess which state gives unemployed people the least amount of money when they lose their jobs?That would be Mississippi, which gives a maximum amount of $210 weekly. (Most people get much less.) But that shameful amount is followed by my home state of Alabama, now giving jobless workers a maximum ..
May 08, 2008
The base rate of interest has been left unchanged, it has been announced.In its monthly meeting, the Bank of England's monetary policy committee (MPC) has chosen to keep interest rates at five per cent. The announcement means it is the third time the committee has decided to maintain the rate this ..
May 08, 2008
Industry experts had predicted the interest rate hold but it surely is becoming harder for the Bank of England to make these rate setting decisions.Rising inflation means that food prices and fuel prices are rising and the Governments target for inflation, which is set at 2 per cent, is not being ..
May 07, 2008
Clocks are suppose to enable us to tell the time. Before the clock a sundial was used. The sundial had one problem in that when the day was cloudy, it was hard to tell the time. The sundial basically relied upon casting a shadow across a circle that had markings which designate the time of the ..
May 07, 2008
Commenting on recent research suggesting that 18,000 people are refused credit daily, a spokesperson for financial advice resource Fool has said that there are limits on the amount that banks can loan in a tightened economic environment.According to David Kuo, head of personal finance at the firm, ..
April 30, 2008
Gas prices have swollen to $4.00 per gallon in the United States. Think it can't double?Our friends in Canada already pay the equivalent of $5.00 per gallon. Other countries are paying significantly more. It was only a couple of years ago when we were shocked about $2.00 a gallon for gas when we ..
April 22, 2008
A tidal wave of difficult economic times is rushing towards us. Its arrival appears to be inevitable and the preliminary effects are already lapping at our shores.During the past twenty plus years, we have experienced two major economic bubbles. The dot com, and more recently the real estate boom, ..
April 15, 2008
There is a battle now going on for bread. Crowds of hungry people are banging on the doors of government offices complaining about high bread prices. The store shelves are packed with bread, but if it costs one dollar to produce a loaf it is impossible to sell it for less. Fortunately most people ..
April 14, 2008
Is there a recession on it's way? With talk about a recession, what can we do about it? This article will discuss various options that we may have when facing this serious matter. If you are genuinely concerned that you may be laid off from your current job, or will be unable to pay your monthly ..
April 11, 2008
According to a 2007 news story by the CBC, Ottawa's apartment tenants throw out an astonishing 81 per cent of all materials that could be recycled!While the routine behind garbage and recycling collection can certainly be different when you're living in an apartment (compared to living in ..
April 10, 2008
The bank crisis... the banks will get over it. Remember the bad loans to the tech industry, third-world countries, and the Resolution Trust fiasco of the 1980s? The banks always recover. So does Wall Street.The housing market crisis... it too will eventually go away. Property booms are followed by ..
March 13, 2008
Series of reports about bubble burst, over and underpriced of assets, bankruptcies, margin calls on hedge funds and so on dominated the financial press. What lacks are the down to earth analysis of the causes and the implications on the real economy.The understanding of the causes and the possible ..
February 28, 2008
Since the Internet financial giant Egg announced its decision to withdraw the credit card facilities of 161,000 customers, there has been a great deal of controversy, with industry professionals, government officials, and consumers launching verbal attacks on the lender. Egg has been accused of ..
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