Author: Robert A. Meyer People act as if the government possesses magical powers that can solve all of our individual and social ills. All this mythical entity has to do is wave its wand and all our problems vanish in a blink of an eye. I know-most people would state that this belief is ridiculous. [...]
Author: Scott Hughes Many people wonder why governments tend to spend so much money. Almost everyone has realized that the governments spend lots of money on various projects. Governments engage in many expensive endeavors that have little use and/or have little effectiveness. For example, the United States government spends trillions of dollars every year. Unfortunately, [...]
Author: Ryan Sieker What is Recession, the recession is known as the state of the decline in the economy sector; a widespread decline in employment, in the GDP and trade lasting from six months to a year. Current economic environment in the USA is facing severe period of the recession. We can easily note employment [...]
Author: Shaun Greer Paying a mortgage bill is one of the largest monthly bills the average family faces. When the economy dips into a recession, the mortgage payment can seem increasingly daunting. Our current economic situation couples the recession with increasing gas prices and a falling dollar. What does this mean for your mortgage interest [...]
Citigroup Inc. (New York) — $25 billion JPMorgan Chase & Co. (New York) – $25 billion Wells FargoLoading… & Co. (San Francisco) — $25 billion Bank of America Corp. (Charlotte, N.C.) — $15 billion Goldman SachsLoading… Group Inc. (New York) — $10 billion Merrill Lynch & Co. (New York) — $10 billion Morgan StanleyLoading… (New [...]
Author: Justice Litle Normal 0 Is gold on “deflationary death watch”? The argument going around appears credible on the surface – but the conclusion leaves something to be desired. Is gold on “deflationary death watch”? A number of readers have e-mailed me with versions of this question, so we’ll address it head-on today. By way [...]
Author: Jj Kennedy It’s kind of a point of pride for me that I am pretty good at taking complicated topics and breaking them down so everybody can understand them. So when I started looking at the stimulus package, I imagined having a conversation with a 10 y.o. about it. How would I explain it [...]
Author: Justin Tibble How the Stimulus Bill will Hurt the Housing Market The idea that government can some how prop up housing prices that where grossly inflated, largely due in part to the government’s involvement in the housing market in the first place, boggles my mind and leaves a lot of unanswered questions. First being [...]
