A report from New Jersey investigators gives new insight into corporate malfeasance and [...]
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March 19, 2010
A report from New Jersey investigators gives new insight into corporate malfeasance and [...] January 29, 2010
Corporations behave irresponsibly because rigged elections prevent shareholders from supervising their investment. Until corporations fix their own elections, they shouldn’t meddle in others. [...] December 17, 2009
The Metropolitan Transportation Authority handed the citizens of New York City big lumps of coal yesterday in the form of big service cuts. Two subway lines will be shut down, lots of bus service will decrease and they will phase out free fare for the city’s school children. Did they get a memo to make the [...] December 2, 2009
This time last year I was swimming in Christmas presents that I had purchased for my family and a few friends. I hadn’t spent that much since I am a careful shopper but I had more funds to do as I pleased. This year there is less money to spend all around and I am [...] November 15, 2009
A Man-Made Financial Disaster By Alan Caruba You will recall that, shortly before the end of the 2008 political campaign, the White House announced a threat to the entire financial system and called on Congress to enact emergency spending powers. The Emergency Economic Stabilization Act of 2008 was enacted on October 3, 2008. Just eighteen days earlier an [...] October 3, 2009
This month marks a rather large milestone in my life — it’s the official one-year anniversary of my real-world independence. This time last year, I moved into my apartment in Jersey City. Sure, I stayed in the dorms at Seton Hall University, but I always went home for the summer. This was different, though. This [...] September 24, 2009
We haven’t heard much about it lately in the media, but the idea of a golden parachute came from the tremendous severance packages chief executive officers of large companies would get upon leaving their respective companies. We’re talking about millions of dollars in cash, stock options, and anything else of any real value that they [...] September 20, 2009
Everyone is getting all up in arms about credit card use nowadays, how they can entrap you with high interest rates and a never-ending cycle of paying off bits and pieces — to no avail. Honestly, if you use credit cards to finance a life that is way beyond your means, then yes, that will [...] September 17, 2009
Wednesday’s are generally good days. You’re halfway through the week, “hump day” if you will. (I know, I know. Today’s Thursday. This is a postmortem.) We’re almost to the weekend. Furthermore, when I used to live at home, it was the day of the “Good Breakfast” — a sausage and egg sandwich on a bagel, [...] September 14, 2009
I’ve taken the lessons my mother has taught me about planning and budgeting and broken it down into six steps. Follow these to establish your personal finance plan, and you will have the foundation in place for success — no matter what small obstacles or larger life events may come your way. Here are the six [...] September 14, 2009
Save at least 10 percent of your yearly income. August 30, 2009
A Russian Warns Americans Against a Communist Takeover There is considerable irony involved when a Russian warns Americans against what is taking place before their eyes as President Obama seeks to transform and ultimately acquire dictatorial powers by a series of steps that are both bold and obvious. In April, Stanislav Mishin’s post on his [...] July 26, 2009
B.O. is an economic ignoramus or a devious Marxist
July 15, 2009
Borrowing, Spending and Regulating, Oh my! It sometimes seems to me that the Congress and the White House are determined to put an end to the nation through a combination of exorbitant borrowing and insane spending. At the end of May, an article in USA Today reported that “The government took on $6.8 trillion in [...] July 9, 2009
So you want to start a home based business now what? You have made the decision to become an entreprenuer and start a home based business but with so many different comensation plans, products, established companies and start up businesses the choice can become a daunting task. If you have been searching you will hear over and [...] May 14, 2009
SEO Strategies for Financial Websites by David Leonhardt Here are a few SEO tips specific to financial websites. First, understand that people are very sensitive and possessive about their money. Your website has to ooze credibility if you want to convert traffic to customers. You probably know this already, but keep it in mind when you hire an [...] April 20, 2009
“Getting Around Congress?” by John Armor The Treasury Department announced today that it would “convert its preferred stock in the nation’s largest banks into common stock.” The stated advantages were that this would allow Treasury to aid more banks without going back to Congress for more money than what was already approved. [...] March 18, 2009
When we were in Vietnam they said that if Vietnam fell then the rest of Indochina would go Communist. They invoked the Domino theory to say one thing will cause another. Ten years later we left and Vietnam became a Communist country and nothing else happened. Then they said that if we didn’t go in [...] February 28, 2009
The President hath decreed that we, as a unified nation, will fix what’s wrong with our economy. I strongly agree with this. I have faith. But that faith is not based on any of the ample collection of strengths possessed by President Obama. I have faith in Nature. Not human nature. Just Nature. February 25, 2009
A Baptist friend once told me that Catholics didn’t know what a good thing they had in Lent. We were both trying to loose a few pounds at the time and my friend, soon to become a minister, proselytized stating the virtues of being forced to fast during Lent. Although her point was taken having grown [...] February 20, 2009
The U.S. economy, and much of the global economy, is retrenching. There are many causes, some nefarious or naive, some cyclic or naturally caused (what goes up must come down—nature’s oscillations). Either way, we’re seeing a ~10% adjustment worldwide. It has happened before. It will happen again. Guaranteed. February 12, 2009
You tell yourself you don’t have a dime to spare. You wish the man in the ragged coat would withdraw his hand and not ask for your help. You are tired of seeing the homesless person with the dog sleeping outside on the cold ground. You wish the agencies to assist the needy would loose [...] |
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The Next Asia: banker’s book doesn’t add up
Wall Street thought leader Stephen Roach’s book The Next Asia shows how little thinking it takes to be recognized as a thought leader in [...]