Archive for August, 2009:

Why You Need To Pay Off Debt As Quickly As Possible

{ Posted on Aug 31 2009 by Erik Folgate }
Have you ever had a conversation with a friend or acquaintance about how they are only paying the minimum payments on their student loans because the interest is so low? Many people fall into the trap of keep debt ...Read More »

The Lasting Legacy of the Bush Tax Cuts

{ Posted on Aug 31 2009 by Menzie Chinn }
From The 2009 Budget Deficit: How did we get here? by John Irons, Kathryn Edwards, and Anna Turner: This Issue Brief examines the details and causes of the current budget deficit and the role the current recession has played. The years ...Read More »

Fiscal Stimulus Canadian Style

{ Posted on Aug 31 2009 by Michael Shedlock }
Price deflation is turning up in interesting places. Please consider Tickets To See Bill Clinton Slashed To $5.A much-hyped appearance by a certain charismatic former U.S. President is receiving a cool reception in the city.After two weeks of sluggish ticket ...Read More »

U.S. Turning Profit on TARP, but Big Loans Remain in Banks’ Hands

{ Posted on Aug 31 2009 by Bob Blandeburgo }
Categories : All, Macroaxis, Money, Money Morning
By Bob Blandeburgo Associate Editor Money Morning The U.S. government is starting to see profits from the $750 billion Troubled Asset Relief Program (TARP), started last year to thwart the ... Money Morning is here to help investors profit handsomely ...Read More »

The Personal Finance Hour, Episode 18: A Twenty-Something Entrepreneur

{ Posted on Aug 31 2009 by J.D. }
In the recent GRS reader survey, one common request was to delay the weekly podcast announcement until after the show so that I could provide a brief written summary for those who don’t have the time or the inclination to ...Read More »

Somehow, Commercial Real Estate Is Still The “Next Shoe To Drop”

{ Posted on Aug 31 2009 by Yael Bizouati }
Categories : All, Clusterstock
So the next shoe to drop is commercial real estate. We know this because the Wall Street Journal said so today. Wait, why do we have the feeling we read that story a gazillion times? Ah, well, because we did. And we've ...Read More »

Sorry, Financial Innovation Isn’t Just Voodoo

{ Posted on Aug 31 2009 by John Carney }
Categories : All, Clusterstock
Financial innovation is one of the favorite targets of those who take the demonological view of Wall Street. Everything from ordinary securitization to more complex CDOs and credit default swaps gets put in the bag and beaten, often ignoring the immense ...Read More »

Yes, The Government Can!

{ Posted on Aug 31 2009 by Michael Shedlock }
Here is an entertaining video by Tim Hawkins called "The Government Can"If you need an entertaining look on how the country is going to hell in a hand basket, that's the one. It's sure to make you laugh, although what ...Read More »

CHART OF THE DAY: Did Physicists Predict The Chinese Market Crash?

{ Posted on Aug 31 2009 by Joe Weisenthal and Rory Maher }
Categories : All, Clusterstock
With Monday's move, the Shanghai market is in serious correction territory. Here's a two-month chart, just in case it isn't clear how badly they've sold off. One amusing story that's come out of this: A pair of physicists wrote in ...Read More »

Revanche

{ Posted on Aug 31 2009 by Rdan }
Categories : All, Angry Bear