Economics & Personal Finance
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Will You Boycott Companies That Make Political Contributions? 1 Reply
There is a story racing around the internet about a woman who will no longer shop at Target because Target made a $150,000 contribution to a right wing organization. If you found out a company you…
Tagged: Target, political contributions, boycott, Citizens United
Started by Nathan Andover in Open Discussion. Last reply by OICUAM2 Aug 8.
Loose Morals Equals Revenue For State? 1 Reply
Isn't it interesting that governments outlaw things like gambling, drugs and the sex industry until the state budgets are so bad that these things start to look like potential revenue generators? Pe…
Started by Willie in Economics. Last reply by OICUAM2 Aug 8.
Very Low Mortgage Rates - Time To Refinance Or Buy A Home 1 Reply
The mortgage rates are so low that we haven't seen rates like this for over 50 years. The rate for a 30 year fixed mortgage is just under 4.5%. That is a really low rate! With the Federal Reserve…
Tagged: buy, refinance, low mortgage rates
Started by James Scott in Personal Finance. Last reply by Willie Aug 2.
How Many Companies Will Set A $10 Minimum Credit Card Purchase? 1 Reply
In the financial reform bill, there was a provision that allows companies to set a minimum purchase amount in order to use a credit card. I wonder how many companies will establish a minimum purchas…
Tagged: financial reform bill, credit cards, $10 minimum purchase
Started by paul in Open Discussion. Last reply by Larry Aug 14.
Exxon Mobile Didn't Pay Any Taxes Last Year 1 Reply
I just heard that Exxon Mobile had a profit of about $45 billion dollars last year, but they didn't pay any American taxes. Is this true?
Tagged: profit, taxes, Exxon Mobile
Started by Nathan Andover in Open Discussion. Last reply by James Scott Jul 22.
Should The Bush Tax Cuts Be Extended Or Allowed To Expire? 2 Replies
From what I understand, the Obama administration intends to extend the Bush tax cuts for the middle and lower income levels while allowing the tax cuts to expire for people earning more than $250,000…
Tagged: expire, extended, Bush Tax Cuts
Started by OICUAM2 in Economics. Last reply by paul Jul 14.
Are You Happy With The Financial Regulation Bill? 1 Reply
Here's a good chart showing what is in the financial regulation bill.What do you think?Are you happy with the new legislation?
Tagged: financial regulation bill
Started by lea in Economics. Last reply by Nathan Andover Jun 25.
Do Republicans Want Another Recession? 6 Replies
The sad answer is that Republicans woul dbenefit greatly from another recession. If the economy doesn't improve, the Democrats and President Obama will be blamed for the continuing economic problems…
Tagged: Republicans want another rece…
Started by James Scott in Open Discussion. Last reply by Nathan Andover Sep 1.
Blog Posts
Information About DefeatTheDebt.com
The site and ads are run by a corporate public relations company headed by Rick Berman. This public relations company takes money from corporations to start front groups, websites, and ad campaigns to influence the public.
For example, the food and beverage industry gives money to Rick Berman who then creates a "consumer… Continue
Economic Reality Vs. Economic Perception
The biggest example of this is how many people think they should buy stocks when the stock market is going really well and that they should sell their stocks after the market has crashed. The economic reality is that you should buy stocks when they are cheap and in trouble while selling stocks when they are doing very well.
Another example occuring right now is that a majority of Americans tell pollsters that the econo… Continue
Posted by paul on August 3, 2010 at 10:22am — 2 Comments
Don't Blame Obama For The Debt
For example, Bush nearly doubled the national debt. This means part of the debt being taken on now is interest payments on the debt Bush added.
Second, Bush enacted huge tax cuts that decreased revenue. These tax cuts are still in place.
Third, the decreased revenue from the recession Bush left us… Continue
Posted by Nathan Andover on July 22, 2010 at 9:10pm
You Can't Just Divide Stimulus Money By Numer Of Jobs Created
The truth is that not all of the stimulus money went to job creation. A lot of the stimulus money w… Continue
Posted by paul on July 17, 2010 at 3:02pm
Support Elizabeth Warren For The New Consumer Protection Post
Elizabeth Warren has been an advocate for consumers for a long time. She has written many books, taught many classes and served in many positions with the main goal of protecting consumers against the shady practices fo the financial industry.
With Elizabeth Warren in the position, we will get easier… Continue
Posted by paul on July 17, 2010 at 2:56pm
Economic Reality - Digging Through Trash For Food And Water
It is hard to understand what it really means when it is reported on the news that the official unemployment level is at 9% and the real unemployment rate is over 15%. They are all just numbers unless you are exp… Continue
Posted by Nathan Andover on July 14, 2010 at 9:54pm — 2 Comments
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