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Economics For Cocktail Parties

October 31st, 2008 4:06 am
In about 5 days we are going to know who our new president is, and have a better idea of the direction that our fiscal policy is going to head in. Higher taxes, lower taxes, higher taxes for the rich (if earning above $250 K is considered rich), more dril

Where Do The Markets Go From Here?

October 27th, 2008 7:49 am
What Market Am I Talking About? The answer to that question is really that it is the readers choice to decide. Whether we are talking about housing, mortgages, commodities, stocks, bonds, currencies or commercial real estate, we are at what can only be

It's A New Week: Pleasure Or Pain?

October 13th, 2008 7:29 am
I am watching a little football, doing a little work around the house, and at the same time keeping my eye on the business wires to see if there are any new developments around the world that could impact the stock markets, but more importantly the credit

Let's Lose This Line: What Inning Are We In?

October 7th, 2008 4:27 am
Over the past months I have been watching both the prognosticators and experts giving their opinion on the financial crisis, and when we would be coming out of it. The typical opinion some months back was that we were in the late innings of this "game", a

Fannie Mae: Plain Vanilla or Chocolate Sundae?

October 6th, 2008 4:13 am
Fannie Mae: Plain Vanilla or Chocolate Sundae? Market Update: Things are not looking great post Bill passage. I have a funny feeling in the pit of my stomach. VIX: Not yet open. Closed Friday at 45.14, and speculate we will see 50+ today. The Ted

The Message Of The Markets: Stock,Credit and Mortgage

October 2nd, 2008 5:17 am
The Message Of The Markets The Senate passed the Bailout Bill 75-25 last night, in a fairly strong showing of bi-partisan support. Amendments were added to gain votes, and more importantly to entice some of the House members to vote yes without losing

The Mortgage Crisis: Enough Blame To Go Around

October 1st, 2008 4:18 am
Some politicians and some pundits would like everyone to believe that the current mortgage mess was born, invented, encouraged, started, etc. when the Bush administration came into office. In a continuing effort to try and spread the blame to both par

Quick Response To Harry Reid

September 26th, 2008 9:34 am
Response To Harry Reid I was driving in my car listening to a press conference that Harry Reid, Democratic Leader in the Senate was conducting. He said that although this entire mortgage and banking crisis was the doing of the current administration, h

Not Going To Be A Three Legged Stool

September 26th, 2008 3:51 am
The calvary coming to the rescue as stated by a congressman yesterday must have been riding lame horses. I woke up to a picture of Connecticut Senator Chris Dodd saying to the TV cameras that there is no deal because the Democrats will not move forward
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