Senate, Once August Body - Mired in Muck!

Watch this and you will understand, perhaps, if you are objective why terrorists dig tunnels under homes,attachments:HamasCivillians.wmv (1992KB) also,India understands. So does a Cuban born Spanish author. (See 1 below.)How about this for proportionality - every IDF soldier killed is equivalent to 50 plus of ours. (See 2 and 2a below.) [more...]

Date: 2009-01-15 21:29:00

Blog posts (588) | Videos (66)
 

Obama’s Jobs Plan Doesn’t Seem to Add Up

“There is no there there,” is what famed writer Gertrude Stein aforesaid when she returned to her childhood home in the 1930s ... with employment. The jobs report is based on payrolls and reflects the number of paychecks issued each ... are not the same. An single through two jobs would be counted two times in the payroll report, but only [more...]

Date: 2009-01-16 13:50:34

Friday wrap

Dem Congress to pump raw sewage into nation's workplaces ... The AFL-CIO advanced an argument detailing why a "majority sign-up" is the best option for preserving "the freedom of working people." Below is a syllogism that encapsulates an argument found on the AFL-CIO website.1. The workplace environment has been poisoned by browbeating employers.2 [more...]

Date: 2009-01-16 11:30:00

Dealing With Income or Job Loss

by Doug West Multiple Income Streams Are More Important Than Ever The latest economy reports show more and more folks ending up on the unemployed ... areas that are available to most people: * Online Income - Many things fall into this category, affiliate plans, blogging income, Adsense dollars, online jobs, marketing your own products [more...]

Date: 2008-12-18 21:23:04

Congressional Payfarce

This is an update of a previous posting on this topic. "If they will only do their job that is all that they are being overpaid for."David O. Selznick, on actors and actressesAs the economy caves in at an ever faster rate, our elected officials are cashing in, their pay raise, that is. It seems small, a 2.8 percent increase in pay [more...]

Date: 2009-01-08 21:38:00

First Draft Of Stimulus Package

SUMMARY: AMERICAN RECOVERY AND REINVESTMENT Action and Action Now! The economy is in a crisis not seen since the Great Depression. Credit is frozen, consumer purchasing power is in decline, in the last four months the country has lost 2 million jobs and we are expected to lose another 3 to 5 million in the next year [more...]

Date: 2009-01-15 23:03:30

banning all short sales. The details of the SEC action have been released (see below). The specifics are a "temporary halt in short selling in 799 financial institutions" until October 2nd. I have been trying to contextualize this, and I keep coming back to what seemed like a wild theory yesterday that seems a whole lot less wild today [more...]

Date: 2008-09-18 23:50:07

Looking ahead to 2009

What's in store for the nuclear energy industry?With the financial world in turmoil and a new president coming into office in January 20, the outlook for 2009 is anything but business as usual. In fact, the unstable natures of the U.S and global economies are causing anyone with large investment decisions to make to sit on the sidelines [more...]

Date: 2008-12-19 03:37:00

January Effect for Credit But Not Equities

Good Evening: 2009 has put seven trading days into the books, and it already bears a passing resemblance to the opening days of 2008 ... drivers of price action were a further digestion of Friday’s payrolls report and some weakness ... . And, as the BAC/MER report you see below points out, the downward revisions to previously reported [more...]

Date: 2009-01-13 03:49:07

Citi: The Losses Keep Coming

Beyond any gains that come from a brokerage deal, investors expect more pain from souring loans to consumers, commercial real estate, ... investors, and assorted small and midsize businesses. The consequences of bad lending in those areas during the credit bubble have yet to hit Citi, whose stock price tumbled 1.15, or 17%, on Jan. 12 [more...]

Date: 2009-01-14 01:01:00

THE BEAST 50 MOST LOATHSOME PEOPLE IN AMERICA, 2008

side note: I found this late last night and I enjoyed it so much it kept me up later then I wanted…but was well worth it! Enjoy with your morning coffee! http://www.buffalobeast.com 50. Barack Obama Charges: Beyond a few token acts of bipartisan marketing, Barry’s major duty in the Senate was to avoid legislating, [more...]

Date: 2009-01-11 09:06:30

Obama Asks For Better Ideas Krugman Bites

Inaugural rehearsal Obama told all the people complaining about the economic stimulus package to present better ideas if they didn't like what he was ... in business tax cuts, which would do little to help the economy. Ideally he’d scrap the proposed $150 ... . To see why, consider a new report from his own economic team. NYTObama has asked for the [more...]

Date: 2009-01-12 21:52:33

Chrysler, Ford idle factories, GM delays new plant

DETROIT (AP) — Chrysler announced Wednesday it is closing all its North American manufacturing plants for at least a month, ... out of business. “I don’t want to be laid off,” Fogarty said. “I want to go to work tomorrow. … We all want to work. That’s all we want to do. It’s scary, man. It’s really scary.” The lack of consumer credit [more...]

Date: 2008-12-18 04:00:06

Bailout Or Rearranging Deckchairs? (Updated)

By Cernig They say the latest deal is a $700 billion bailout, which brings the total bill so far pretty darn close to a round trillion - but the guy who used to be the chief economist at the World Bank has said the total might be 2 trillion once everything is said and done. How honest is the administration being with voters, even now? [more...]

Date: 2008-09-21 00:03:55

Be careful what you wish for, Mr. Obama

Last week you said that "If Paul Krugman has a good idea, in terms of how to spend money efficiently and effectively to jump-start the economy, ... economist, released estimates of what the Obama economic plan would accomplish. Their report is reasonable ... . But the report also makes it clear that the plan falls well short of what the economy needs [more...]

Date: 2009-01-12 11:14:34

Dispatch from NC: Notes on the food crisis

It’s been a whirlwind few days on the campus of North Carolina State University, where I attended “The Politics of Food,” a conference organized by the Environmental Leadership Program. There’s lots to report on: Panels during the three-day event ranged in topic from the role of business in a sustainable food system [more...]

Date: 2008-09-25 01:00:23

Lionsgate’s Presidential Politics

Lionsgate has really been pissing some people off recently ... more attention on movies like “The Strangers,” where he received a producing credit. Barker told MTV News ... , calling him “small-minded” and a “nobody.” “There’s room for everything,” Barker insisted. “You don’ [more...]

Date: 2008-08-27 19:01:54

Gates of Vienna News Feed 10/1/2008

USACalif. Lawmakers Get Free GasolineIMF Adds to Pressure on Congress to Approve Bail-OutNorth Carolina Man Pleads Guilty and is Sentenced for Federal Hate CrimesObama’s Assault on the First AmendmentObama and SlaverySchwarzenegger: Communism Still Bad IdeaThe Greenlining Institute: Does the Financial Crisis Have Its Origins in Berkeley? [more...]

Date: 2008-10-02 00:29:00

RAIDERS OF THE LOST ARK Report

I saw Raiders of the Lost Ark at the Continental Theatre on 01/14/09 at 9pm. With one notable exception, the entire experience was awesome ... current releases may find their own place in the flashback series. To Mike's credit, he vowed ... , and a small bit of dirt at the reel changes. It was also a tad dark. But these quibbles are minor. The 35mm [more...]

Date: 2009-01-16 15:13:59

21 Ways I Use Infusionsoft for Follow Up Marketing

21 Ways I Use Infusionsoft for Follow Up Marketing Note: This is not a comprehensive list of features or functions, that would take too long ... , or postage mail.  Having different mediums is important for small, or even home based business. Campaign ... .  Feel free to share how you use follow up marketing -or how you’d like to- in your business [more...]

Date: 2009-01-08 16:06:32

Ramalinga Raju, resigned after revealing that he had systematically falsified accounts

Satyam Computer Services, a leading Indian outsourcing company that serves more than a third of the Fortune 500 companies, ... s business with its clients,” said analysts with Religare Hichens Harrison on Wednesday. In the short term “ ... letter distributed by the Bombay stock exchange, Mr. Raju described a small discrepancy that grew [more...]

Date: 2009-01-07 16:25:00

Ukraine Wobbles As The Financial Ground Beneath It Trembles

The medium-term outlook (for Ukraine) is sensitive to both external developments and policy responses ... 2006 Article IV Consultation Staff Report (February 2007) Ukraine’s economy is in trouble ... market and credit crunchg problems at this point in time (but here, of course, there is no strength [more...]

Date: 2008-10-12 12:15:13

Pertinent Obituary, Dimon Says Worst Not Over, Oil Producers Struggle, The Next Bubble and More!

One company to summarize all of the last 10 years… now on its deathbed Credit crisis survivor predicts “worst… not yet behind us” Oil ... and now the epitome of the credit crisis: Nortel had $2.4 billion of cash in hand yesterday ... for most of 2009. In terms of our sector, we expect consumer loans and credit cards to continue [more...]

Date: 2009-01-15 19:40:53

Clearing Out the Overbuilding Hangover in California

Patrick S. Duffy is a principal with MetroIntelligence Real Estate Advisors, a division of Beacon Economics ... Building Industry Association (CBIA) (full report), the number of residential housing permits issued ... of 36 million, marking a decline of well over 50% from 2007’s already low levels. (The report covers [more...]

Date: 2009-01-15 11:05:00

The Fantasy Testimony Continues

Below is the longest blog post ever. It contains the "written remarks" that extend my fantasy testimony. Update: I will have to revise this to take a more conservative view of the proportion of investor loans. A reader sent me data on subprime loans showing that investor loans are only foreclosing at a rate slightly higher than owner-occupied [more...]

Date: 2008-10-14 14:20:46

The Most Important Management Rule

The Most Important Management Rule January 12th, 2009 FYI! According to a recent study by Massachusetts Mutual Insurance Co ... have to think about some of the latest issues, either private or business, you have been dealing with regarding spending money on different presents or small investments. You had for example 100 dollars [more...]

Date: 2009-01-12 21:59:43

The Obama Campaign’s Carefully Crafted Card Crack-up

An unprecedented and from all appearances deliberate breakdown in controls has enabled foreign and other unaccountable money to pour into the Obama ... presidential candidate Barack Obama has been and may still be accepting credit-card and prepaid-card ... the contributions to “donors,” many of whom may have had their credit cards used without their [more...]

Date: 2008-11-04 18:22:41

What the mafia can tell us about microfinance

The folks over at the India Development Blog have a very interesting post that points out that the Italian mafia has been flourishing during this financial crisis. According to Alastair:The report comes from Naples, a bustling southern Italian ... . Of late, the southern mafia (camorra) have never had it so good. Due to the credit drought in Europe [more...]

Date: 2009-01-13 10:17:47

Sustainable Transportation Priorities In a Post-Bush America

An excellent article by Phillip Longman in the current issue of "Washington Monthly" is well worth reading as a primer on the current state of our freight rail systems in America, and for the arguments he makes that freight rail needs to be a major recipient of the historical infrastructure investment package proposed by the incoming Obama [more...]

Date: 2009-01-16 11:51:35

Q. What Does "UBS" Stand For?

A. For American Clients, U Be Screwed! The announcement yesterday, by what was once known as Union Bank of Switzerland (UBS) ... our founding more than a decade ago -- "Don't bank with UBS or Credit Suisse" -- the two monster ... Warning Based on our long experience, we always have recommended against UBS and Credit Suisse [more...]

Date: 2009-01-08 02:18:00

What is a bear market rally?

As the global financial crisis plays out, Report on Business writer Richard Blackwell examines and explains the economic outlook and the turmoil in ... credit and stock markets. Here, we answer your questions daily, with the most recent at the top. bearwithpaper188 What is a “bear market rally”? A bear market rally is a significant upward [more...]

Date: 2009-01-08 11:05:51

Anybody Can Be a Social Media Rock Star

Ever feel like other people exist for the sole purpose of draining every bit of energy from you? You’d love to be successful in business or some other endeavor but you’re frustrated because other ... in a crowd or in small groups, but spending too much time around other people makes their inner [more...]

Date: 2008-08-29 19:49:33

Obama’s Secret Money

I find it disturbing, but not surprising that this article by Ken Timmerman has gotten no MSM notice ... a billion dollars and half of that has come from small donors who the Obama campaign won’t name ... . In pre-Internet fundraising, almost all political donations, even small ones, were made by bank [more...]

Date: 2008-10-01 15:30:51

HOLLYWOOD's HOTTEST BUNS: the fine behind of Beyonce; her backside is beyond the realm of bubble perfect; she has a stupid butt!

Beyoncé Giselle Knowles (pronounced /biːˈɑn.seɪ/, born September 4, 1981), commonly known as Beyoncé, is an American R&B singer-songwriter, record producer and actress. Born and raised in Houston, Texas, she enrolled in various performing arts schools, and was first exposed to singing and dancing competitions as a child [more...]

Date: 2009-01-16 04:59:00

Indie shops take on the green giant

A few years ago it was common to hear lamentations about Starbucks moving in and crushing the neighborhood independent shops ... with a more balanced take on Starbucks’ influence: Collectively, independent and small-chain ... in 2006, according to a new report from the Chicago research firm Mintel. Starbucks has the next [more...]

Date: 2008-08-21 18:01:39

PayPal vs. Google Checkout and Why You Should Offer Both

By now, you’ve probably heard of this great “war.” Blogs have been written about it ... with promotions and credit card deals are any indication, they’re finding ways to try and recoup losses ... and navigation problems. 4. Linkable only to credit cards and debit cards: Google does itself an incredible [more...]

Date: 2009-01-06 16:37:37

DrumBeat: January 13, 2009

Analysis: Global power demand to languish in 2009 The outlook for energy commodities this year remains grim, says a new report from Merril Lynch ... management, contractor mistakes and Iraqi neglect, U.S. auditors say in a new report similar to many others examining the country's reconstruction. Released Tuesday, the report from the office [more...]

Date: 2009-01-08 01:35:34

Obama’s Speech On The Economic Crisis

I’ll post McCain’s when he makes one available at his website. Transcript after the jump… Remarks of Senator Barack Obama Confronting an Economic Crisis As Prepared For Delivery Tuesday, September 16th, 2008 Golden, Colorado Over the last few days, we have seen clearly what’s at stake in this election [more...]

Date: 2008-09-16 22:00:42

You Can’t Fake It Any More In California

Bloomberg reports on California. “A tidal wave of anxiety is washing over America, ... m educated, I’m intelligent,’ she said in an interview. ‘I have a business plan. These things aren’ ... s unemployment report was, to put it bluntly, ugly,’ UCLA Anderson Forecast economist Jerry Nickelsburg [more...]

Date: 2008-09-24 19:39:45

Tuesday's Commentary and Stock Searches

Updated late Tuesday and Friday nights Tuesday’s Close for Jan 13th, 2008 Written by: ... to bearish trading so we should be set for a small bounce soon. . To watch a video of Tuesday’ ... to wind down its financial-products unit and may be on the verge of selling one business line shortly [more...]

Date: 2009-01-14 01:23:29

Getting To Know Supreme Viceroy Sciortino

Ha! We are having some fun with the headline. It is in partial reference to a certain draft financial agreement:8. The selection of trustee banks or any other professional support for transactions under this Agreement shall be made by the Executive Director of the ICA pursuant to Act 11 of 2004, 53 P.S. 28101 et seq [more...]

Date: 2009-01-10 04:53:00

Texture of the Credit Crunch, Not So Good

Mortgage brokers view of the mortgage meltdown. As a mortgage broker I can tell you that the past several years have been bludgeoned with careless ... to such as the small business owner who grosses $500,000 per year but has a bottom line of $50,000. With a decent ... credit score mortgage with no money down and no real income verification. Are you [more...]

Date: 2009-01-06 21:05:00

Are You Sure You Want to Start Your Own Business?

I have learned a lot from the people I’ve taught my QuickBooks and Business Financial Basics classes for small business owners and bookkeepers ... before starting their own business, and I admire them for taking the initiative. I provide ... year (annual tip report) Employment Taxes and Insurance Social Security Taxes – 6.2% match [more...]

Date: 2009-01-15 17:58:33

REVIEW: Blame it on Paris by Jennifer Greene

Dear Ms Greene, Poor Paris, it always gets the blame for everything. And this time it’s at fault for bringing Kel and Will together ... , credit cards, letters from her dead father who she’s come to Paris to learn ... her a wry grin. “You can take it to the bank—from replacing credit cards to getting money wired [more...]

Date: 2008-08-13 20:33:44

Ken Lewis and the ‘Damned Disaster’

The broken windows theory: shattered glass at Bank of America’s tower in 2007. (Reuters) Last year, after a profoundly disappointing earnings report, Bank of America’s chief executive ... . With the credit markets still seized up and the government throwing money from helicopters [more...]

Date: 2008-10-07 17:29:08

25+ Tools For Accounting and Budgeting

There are a growing number of online services dedicated to helping users manage their finances ... to be a more streamlined, less labor intensive accounting system for small businesses in an attempt to free ... your different accounts from banks and credit cards, lets you budget and also lets you do shared [more...]

Date: 2008-08-14 20:05:40

DrumBeat: September 18, 2008

Refilling fuel tanks after Ike to take weeks HOUSTON (Reuters) - Oil refiners and producers on Thursday rushed to restore Gulf of Mexico production following Hurricane Ike, but energy traders and analysts warned it will take several more weeks to refill U.S. fuel inventories, increasing the risk of shortages [more...]

Date: 2008-09-18 13:19:59

"The State of Macro"

Exactly three years ago, I wrote: There is currently a movement within the economics profession to do just this type of synthesis [ ... of real business cycle and new Keynesian models . Real business cycle models, i.e. supply-side ... scant attention to long-run issues. Combining these two models, a real business cycle model [more...]

Date: 2008-08-22 07:33:00

DrumBeat: October 13, 2008

Growth Economics on a Finite Planet Over the weekend, I asked Herman Daly, the specialist in “ecological economics” at the University of Maryland, about the recent financial turmoil. He pointed me to a short piece he wrote that was posted on the Oil Drum blog a few days ago and that he gave me permission to post below [more...]

Date: 2008-10-13 13:20:00

An American Tale: the Perfect Cultural Storm

This particular story has all the elements of what’s bothering Americans on both sides of the political fence when it comes to mass immigration. Listed below are the main players in the performance that unfolded last week in Laurel, Mississippi.The facts growing up around this tale can be cherry-picked, [more...]

Date: 2008-09-01 17:21:00

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