August 9 2011
Is there any good business news to report these days? Frankly, there is not. Even if there were it would pale in comparison to steep decline we’ve seen on Wall Street in the past two days. Sadly at this point the only people the American people have less sympathy for than politicians is folks on Wall Street. [...]
July 15 2011
For the past few years businesses have made a concerted effort to utilize the incredibly fertile and ever growing world of social networking for their advantage. It is a fantastic marriage when done correctly but far too often businesses exploit these practices in ways that make them unappealing to the vast majority of people using [...]
June 23 2011
Greece is still in a sticky situation. When the IMF members meet this week, they will decide on the fate of this Mediterranean country, and how to deal with its onerous debt. If Greece defaults on its debt and drops out of the Euro zone, the complications for business around the world could be catastrophic. [...]
February 24 2011
As the Arab world continues its revolution and Qaddafi grows more and more irate watching power slip through his fingers like sand, economies are growing nervous. Oil just hit $100 a barrel. Saudi Arabia is ready to make up for the shortfall, as it talks to European oil companies. High oil business prices are poised [...]
December 16 2010
For many in our grand country, there is still a lot of pain from the defunct business or the many small business that cut workers over the past three years. Relief for these folks comes in three primary ways: unemployment insurance, food stamps and Medicaid. The first is the best deal. It used to last [...]
December 9 2010
Everyone is gearing up for the new year, and that includes business folk. Ron Paul was just named head of the panel that oversees the Federal Reserve. Obama continues to receive smack for ceding to the Republicans requests. And along with quantitative easing, the American Way looks even more anti-European today than it did three [...]
November 11 2010
As the latest G-20 summit conference comes to an end, there remain tensions about America’s quantitative easing, and the role of the emerging Asian powers. But as the latest Economist points out, China needs to keep buying, and America needs to keep spending. The notion of state communism buying out capitalistic markets may be frightening [...]
November 1 2010
With election day 2010 just hours away, everyone is ready to see the Democrats lose the House and most of the Senate. Even Democratic voters are frustrated with Obama’s party. Paul Krugman, voice of a dying Keynesian set, wants more government spending, arguing that the only way out of the slump is to fight private [...]
October 28 2010
With the mid-term elections next week and Ben Bernanke ready to announce some more quantitative easing, Americans are ready for change yet again. But buying mortgage backed securities and government debt may not be enough this go round. Long term interest rates don’t really have much farther down to travel, and at this point, with [...]
October 13 2010
The New York Times recently featured an article about the New Normal, with a slide show of American families who are underwater on their mortgages, commercial real estate that is unfinished or unsold, and long lines outside of food banks. Americans are coming to the realization that the prosperity they enjoyed until the Great Recession [...]