The Politics of the Economy

The Politics of the Economy

By Andrew

The hottest topic in politics these days is the economy, for good reason of course.  The U.S. is facing a very difficult time.  The fast plunge of the economy and hardship of the recession appear to be behind.  Companies are making money (take Apple for example, which is experiencing excellent sales), but unemployment remains high….

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Movers and Shakers

Movers and Shakers

By Jeff

There’s a whole lot of shaking going on, and yes, I had to resist very much to not put a great Elvis picture in this post, but that tagline was just too hard to resist. As bad as the pun may be, the story is still true. The markets are all over the place, there…

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Down Goes the Market!

Down Goes the Market!

By Andrew

The stock market has dropped faster than a prize fighter that just took one on the jaw.  It’s been a rough couple of weeks.  In large part, debt, as we have been discussing, has been to blame.  Let’s take a look at some of the recent news items: S&P Downgrades the US Credit Rating: The…

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Is Debt Bad??

Is Debt Bad??

By Andrew

With all the discussion around the debt ceiling, many residents of Main St are likely wondering: Is debt bad? The answer isn’t black and white.  Debt is good, when used correctly and responsibly.  So let’s cover how and when to use it. Mortgages: Mortgages have gotten a lot of press lately, and not in a…

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The Debt Ceiling

The Debt Ceiling

By Andrew

If you’ve had your eye on the news, both financial and political, you know the current hot issue is the debt ceiling.  So what’s the big deal and what does this actually mean? The U.S. needs cash: The U.S. needs cash to pay it’s bills, just like anyone else.  And the U.S. uses debt (in…

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Venture Capital – the New Sports Book

Venture Capital – the New Sports Book

By admin

Are venture capitalists really just another form of bookies and entrepreneurs the mark? While I’m not quite ready to make that argument, there is at least one person who thinks there are some similarities. Here is the exact text: “Venture –funded companies attract talented people by appealing to a lottery mentality. Despite the high risk of…

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Personal Finance for Main St

When residents of Main St look for news on how the economy is performed that day, it's often reported in terms of how the "Dow" or the S&P 500 performed that day. So what is the Dow? Ditto for the S&P 500?

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