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Category: The Economy

Related Tags: Economy, Recession, Inflation, Interest rates, Federal reserve, Bailout, Banks, Bernanke, Fed, Stock market, Credit crunch, China, Obama, Depression, Housing, Fdic, Financial crisis, Stimulus, Debt, Gm, Investing, Great depression, Tarp, Bank failures, Bank of america.




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8K Home Buyer Credit and Unemployment benefits extended to 2010
Submitted by andys2i  (www.savingtoinvest.com)

The U.S. Senate overwhelmingly approved a $45 billion plan to expand a tax credit for first-time home buyers, extend jobless benefits and provide tax refunds to money-losing companies. The bill now...

Article | Nov 5, 2009 | Views: 21 | Comments: 0 
Tags: economy, home, credit, tax, employment, buyer

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Is America's Recession Really Over?
Submitted by andys2i  (www.savingtoinvest.com)

As Mark Twain once said, "There are three kinds of lies: lies, damned lies, and statistics." To me, this nicely sums up recent economic figures that suggest America has escaped the clutches of...

Article | Nov 3, 2009 | Views: 33 | Comments: 0 
Tags: economy, recession

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Consumer Spending Dropped .5% in September with End of Clunkers Program
Submitted by Sam Cass  (bestcashcow.com)

Consumer spending dropped .5% in September according to the latest information from the Bureau of Economic Analysis, led by the end of the Cash for Clunkers Program.

Article | Oct 30, 2009 | Views: 48 | Comments: 1
Tags: inflation, personal consumption, consumer spending

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Economy Expands 3.5% with Aid of Massive Government Stimulus
Submitted by Sam Cass  (bestcashcow.com)

Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 3.5 percent in the third quarter of...

Article | Oct 29, 2009 | Views: 63 | Comments: 0
Tags: gdp, bea, gross domestic product

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It's Time to Raise Rates, Ben
Submitted by ktexas  (www.smartmoney.com)

With the crisis clearly past, the Fed ought to boost short-term rates to a more normal 2% - still low by historical standards - to send a signal to the markets that the U.S. is serious about...

Article | Oct 24, 2009 | Views: 64 | Comments: 2 
Tags: interest rates, economy, inflation, federal reserve, federal funds rate, recession, monetary policy

2

Washington Post Nails It - Savers Penalized by Bailouts
Submitted by Sam Cass  (bestcashcow.com)

We've talked about it for some time, but the Washington Post has finally gotten with the program. The economic crisis and subsequent bailouts have severely penalized savers and those living on...

Article | Oct 21, 2009 | Views: 140 | Comments: 1
Tags: washington post, savers plight, allen sloan

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The 60 Minutes H1N1 Scare
Submitted by AronLiv  (bestcashcow.com)

CBS's 60 Minutes' H1N1 report last night was very well done, and conveyed the proper message that everyone born after 1950 should have an H1N1 vaccine in addition to the regular flu vaccine this...

Article | Oct 19, 2009 | Views: 113 | Comments: 1
Tags: cbs, minutes

2

Consumer prices rise 0.2% in September
Submitted by Sam Cass  (bestcashcow.com)

The Labor Department reported today that consumer prices rose .2% in September 09, double the increase in August.

Article | Oct 15, 2009 | Views: 58 | Comments: 0
Tags: inflation, cpi, asset inflation

2

Today is the Second Anniversary of the Market's All-Time High
Submitted by JRodgers  (bestcashcow.com)

And, in case you missed it, here is a very brief summary of what has transpired in the meantime.

Article | Oct 9, 2009 | Views: 48 | Comments: 2
Tags: obama, bear stearns, goldman sachs, paulson, lehman brothers, hank paulson, tim geithner, president obama, market summary

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2010 Employer Tax Credit
Submitted by andys2i  (www.savingtoinvest.com)

One version of the tax credit policy under review is to give employers a two-year tax break if they increased the size of their work force (i.e. added jobs) or added significant hours of work (for...

Article | Oct 8, 2009 | Views: 61 | Comments: 0 
Tags: credit, tax, jobs, employer

1

For Chicago's 2016 Olympics Bid It is Lose Small Now or Lose Bigger Later
Submitted by JRodgers  (bestcashcow.com)

A native Chicagoan believes that the best outcome for the city is for another city to host the 2016 Olympics.

Article | Sep 30, 2009 | Views: 171 | Comments: 3
Tags: olympics, barack obama, richard daley, midway airport, privatization, michelle obama, 6 olympics, ioc, madrid, tokyo, rio de-janeiro

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Julian Robertson Predicts "Armageddon" if Japan Starts to Sell US Debt
Submitted by JRodgers  (www.cnbc.com)

Robertson is a smart guy and while he doesn't think that China is going to stop buying our debt, he suggests that we could easily enter 15-20 inflation territory if Japan is forced to sell. He...

Article | Sep 28, 2009 | Views: 95 | Comments: 0 
Tags: japan, china, julian robertson, china and us government debt, japan and us government debt

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FDIC to Require Banks Prepay 3 Years of Insurance Premiums
Submitted by JRodgers  (www.forbes.com)

The FDIC, which has needed to step in to protect depositors at 95 banks so far this year, has a plan to make up its deposit shortfall and prepare for the inevitable failures to come. It is going...

Article | Sep 28, 2009 | Views: 26 | Comments: 0 
Tags: fdic, too big to fail

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Irving Picard Goes on 60 Minutes to Unveil Plans to go After Anyone Who Benefitted From Madoff, Including Mark and Andrew Madoff
Submitted by JRodgers  (www.huffingtonpost.com)

Irving Picard, the Madoff trustee, went on 60 Minutes to unveil his plans to go after the feeder funds, the Madoff kids, and anyone who had withdrawn from Madoff's funds. I imagine that a lot of...

Article | Sep 28, 2009 | Views: 87 | Comments: 0 
Tags: bernard madoff, madoff, irving picard, fairfield greenwich, mark madoff, andrew madoff

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Federal Reserve Leaves Rates Unchanged and Keeps Debt Buying Plan
Submitted by Sam Cass  (bestcashcow.com)

The Federal Reserve's Federal Open Market Committee today voted to keep the target range for the federal funds rate at 0 to 1/4%. In addition, the Fed said it would continue programs to keep...

Article | Sep 23, 2009 | Views: 102 | Comments: 0
Tags: interest rates, federal reserve, fomc



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