Archive for February, 2010
Hummer to Ride off into the Sunset?
There was a time just a few years ago during which the Hummer was a massively popular (and massively massive) vehicle in America. Hummers were enormous, unruly, and could roll over any other vehicle if push came to shove. They were also not cheap to buy or maintain, and of course any vehicle that rich [...]
Higher Education Faces Steep Cuts, Tuition Hikes
Recently the Federal government pumped billions into the private sector to avoid a horrible collapse of the financial sector. The thinking behind this move was that the companies at risk were too big too fail, meaning that if they were to close their doors, they are so vital to America that the country might just [...]
Greece Derails Own Bailout by EU
Greece has not fared well in these harsh economic times, but until recently it seemed as though it was likely that the country’s European Union cohorts were planning on coming to the rescue in the form of this year’s political curse word: bailout.
But if the U.S. was in dire straits, then there needs to be [...]
Bernacke Changing the Role of the Fed?
Opinions of Ben Bernacke like most public officials, tend to run the gamut between him being hailed both a financial genius and the fiduciary anti-christ depending on who you ask. Regardless of how you feel about the man himself, he has made some significant changes in the role the Federal Reserve plays in the American [...]
Dems, GOP agree Unemployment is a Problem
Though I have had some harsh words for congressional inactivity of late, it seems the Senate has managed to cross the aisle and pass a new $15 billion dollar bill that hopes to encourage businesses to begin hiring on new personnel.
This vote passed easily, perhaps because both parties perhaps recognize that if they’re not able [...]
Comparing the 1929 collapse to the 2009 recession
In the fall of 1929 the stock market just collapsed in on itself. Stock prices were pumped up to obscene levels, and they were purchased on razor-thin margins. It was the end of the wild early days of the stock market, and fortunes were lost, banks were ruined, and subsequently jobs and homes were lost [...]
Jack Daniel’s Hopes for Higher Spirits (Sales)
Jack Daniel’s is a time-honored symbol of Americana. It’s more than a whiskey, it’s the rebellious spirit of America, the chalice of choice for Bluto Blutarski in the mythic Animal House. And it’s been the reason for many cherished memories, as well as probably some not so cherished ones.
But today the more than century old [...]
