I enjoyed this, thought you might too. 🙂 Not sure of the source. Notice: Due to recent budget cuts and the cost of electricity, gas and oil, as well as current market conditions and the continued decline of the U.S. economy, The Light at the End of the Tunnel has been … Continue reading Chuckle for the Day
Category: Currrent Events
Old Line Journalism Dying One Tweet at a Time
Today demonstrates well why old line print journalism involving large, corporately-owned media conglomerates is a dying breed. In today's Des Moines Register, publisher Laura Hollingsworth describes the economic woes facing the newspaper: Like all Iowans, we’ve already had a few months of tough decisions. We’ve dealt with a reduction in employees and a furlough program … Continue reading Old Line Journalism Dying One Tweet at a Time
My Top 10 News Stories of 2008
The “top news stories” for 2008 are starting to appear on many of the local and national news sites. Here is my own list of the top 10 news stories for the last 12 months: 10. The Curious Case of Sarah Palin (National) 9. Hurricanes Fay, Gustav, Hanna, and Ike 8. Earthquake in China & … Continue reading My Top 10 News Stories of 2008
Cliff Notes for the Financial Meltdown
Do you find yourself completely intrigued by the historic economic meltdown confronting the USA and the world? Do you find yourself completely lost in a sea of economic jargon, and as a result, struggling to understand how this could happen? After all, how many of us can understand terms like “credit default swaps” or even … Continue reading Cliff Notes for the Financial Meltdown
History in the Making
Last week, for the first time, the media started making vast comparisons between September 2008 and October 1929. The words “historic” and “depression” were clearly a part of the conversation. Money and Markets does a good job of summarizing the historic week: If you didn't have a chance to keep up with how things played … Continue reading History in the Making
It’s Only Just Begun
Economic news continues to dominate the headlines week-in-and-week-out. Sundays have become "dooms day" as bad news breaks before trading begins in the Asian markets. This past weekend's bomb? Lehman Brothers and Merrill Lynch are collapsing. Standing in the wings is insurance giant AIG, which is warning of impending doom. Today AIG saw its stock drop … Continue reading It’s Only Just Begun
China: Transformation at Light Speed
How fast is China transforming itself into the modern age? Consider these examples from the Money and Markets article, "The 6 Giants of Global Profits" by Martin D. Weiss: China: "To Get Rich is Glorious" When Chinese Premiere Deng Xiaoping spoke these words back in 1993, Larry Edelson was among the first to let us … Continue reading China: Transformation at Light Speed
The Great Paradigm Shift
John Loeffler provides a good summary of the coming paradigm shift heading at Americans at an increasing speed. For several years, Loeffler has been talking about a window from 2009 to 2012 as the critical years when all the pieces begin to fall into place to create what Jim Pulplava has dubbed, "The Perfect Financial … Continue reading The Great Paradigm Shift
The Empire Strikes Barack
For those of you ready for a little humor in the battle between Barack and the Clintons, this is "must see TV."
Oil Prices Reach $135 A Barrel
The quotes below from two news stories on rising oil prices help to give some context to the crisis the U.S. faces in the coming months. I draw two conclusions from these articles: Oil prices are not coming down. There are economist and politicians trying to make the point that oil will one day return … Continue reading Oil Prices Reach $135 A Barrel
