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Investing To Solve Global Warming
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Investing 102
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Most Americans Support A Government Healthcare Program 2 Replies
A new poll from the New York Times and CBS News published on Saturday shows that 72% of Americans support a government-administered insurance plan similar to Medicare for those under 65 that would ...
Tagged: poll, public option, healthcare, Government
Started by Nathan Andover in Economics. Last reply by paul Jun 30.
Global Economic Interdependence: The Effect Of Protectionism 3 Replies
The foundation of globalization is being tested by our current economic and political environment. Economic relationships that had been based upon mutual economic dependency are starting to unravel...
Started by theorist in Economics. Last reply by James Scott Jun 22.
Free Market Fishing?
I just read an interesting article in the New York Times about managing the fish populations in the oceans. The basic point of the article was that the fish populations are dwindling (almost to th...
Tagged: sustainable, Obama Administration, oceans, fishing, free market
Started by paul in Economics Jun 22.
More Financial Regulation, Not Less
I'm glad the Obama Administration is putting more financial regulations into our economy. I'm not a big fan of a completely free market. I think the market needs to be balanced by democratic regul...
Tagged: economy, markets, obama administration, financial regulation
Started by James Scott in Economics Jun 19.
Why Is The Stock Market Stalling?
I keep being reminded why I shouldn't take my own limited knowledge too seriously in predicting the stock market. To me, it seems like the stock market should continue to rise as there have been e...
Tagged: recession, stalling, stock market
Started by OICUAM2 in Investing Jun 16.
Support Pay As You Go Legislation 1 Reply
I'm a big fan of pay as you go legislation. PAYGO would require lawmakers to offset any new tax cuts or spending increases with equivalent tax increases or spending cuts. I know there are times wh...
Tagged: paygo, legislation, pay as you go
Started by paul in Open Discussion. Last reply by James Scott Jun 10.
2010 Budget In Chart Form 1 Reply
I don't think I have ever seen the Amercian budget in chart form like this before. I thought I would share the link so people can get an idea of where the national income comes from and where it go...
Started by Nathan Andover in Economics. Last reply by Nathan Andover Jun 7.
Stop Paying Taxes? 1 Reply
I sometimes watch the Glenn Beck show just for fun to see how crazy he is. Last night, he had the actor who played "coach" on television who made an impassioned case for why he might not pay taxes...
Tagged: stop paying taxes, glenn beck
Started by paul in Open Discussion. Last reply by lea Jun 5.
Should The Government Bailout California?
It was recently revealed that California is in huge economic trouble. Should the Federal government bailout California? My first thought is that any bailout should come with some strings attached....
Tagged: bailout, california
Started by OICUAM2 in Open Discussion May 24.
Ayn Rand Response To Economic Crisis
I wonder what Ayn Rand and her objectivist followers would have done in response to the current/recent economic troubles. According to the objectivist philosophy, I believe they would have done no...
Tagged: objectivists, ayn rand, economic crisis, response
Started by Nathan Andover in Economics May 17.
Blog Posts
Personal Story Of Credit Freeze And Recession
First, my small business credit card company, Advanta, sent me a letter saying that the financial trust that back all of their loans was no longer backing their loans. For this reason, Advanta said they were shutting down all of their business credit cards.
Shutting down all of their business credit cards? I am lucky that my Advanta card was only a back-up that had no balance on it and was not needed to operate m… Continue
Posted by paul on June 11, 2009 at 8:59pm
More Jobs Lost
The reason I wanted to write something about this is because the numbers don't do justice to the reality. It wasn't just a half million jobs that were lost. It was millions of jobs being lost with millions fo jobs being gained that resulted in a net loss of a half million jobs.
For the millions of peopl… Continue
Posted by OICUAM2 on July 2, 2009 at 3:03pm
House Financial Services Committee
http://financialservices.house.gov/
Posted by Willie on January 13, 2009 at 2:30pm
Free Market vs. Fair Market
It allows trade and advancement based on mathematical calculations that resist corruption, racism, sexism, etc...
I support an open market regulated by democracy as the referee. The condition of the referee has been changing. Our governments have become more accountable and more representative (more democratic) over time. I don't want a dictator or a king to be the referee.
While getting more democratic over time, I also understand how someone might see government… Continue
Posted by Nathan Andover on February 20, 2008 at 12:21am
Military Spending As Percentage Of GDP
I think this is fuzzy math.
First, if I tell people that I only spend 4% of my income on trips to the casino, people might think that seems reasonable. However, what if people find out that I spend 150% of my income on other… Continue
Posted by Nathan Andover on April 11, 2008 at 10:27am
Summer Gas Tax Holiday Is A Bad Idea
First, the reason we have taxes on gas is to fund the transportation fund for new roads, bridges, and research. This is a good idea because it allows the people who use the roads to be responsible… Continue
Posted by paul on April 30, 2008 at 9:19pm
Worried About The Falling Dollar
I just read an article about how European companies are looking for cheap labor in America. The basic premise of the article was that since the dollar has weakened so much compared to the Euro, labor is now much cheaper in the United States for European companies. The difference in the exchange rate also works the other way when Americans travel to Europe and discover that everything costs 20 - 30% more.
This got me thinking and a little worried because almost all of my investment port
… ContinuePosted by James Scott on December 19, 2007 at 2:11am — 1 Comment
End The Lottery Tax
As corporate sponsored politicians reduce the tax burden on wealthy individuals and companies, states have used lotteries to suck more money out poor and minority communities. Here's how it was explained in a recent article:
"Lawmakers pretend that lotteries make new taxes unnecessary. But lotteries are a tax, an inefficient, badly targeted one that is having a devastating impact on poor communities and beyond. One-third of all calls to Massachusetts’ gambling hot line come from lotter
… ContinueStarting A Business Online
One of my goals is to start a business. I have been working on a few ideas and I think I am ready to really get started. This is my first attempt so I think my main goal is to minimize my risk while I learn how to start a business.
I have a website that has been set-up. I want to start doing business online from my home so I won't need to dive right in with expensive rent, employees, insurance, and inventory. Doing business online allows me to have a very low start-up cost.
One
… ContinuePosted by paul on January 27, 2008 at 6:08am
The Best of Get Rich Slowly: January 2008
Lots of good financial information collected on one convenient page.
I especially liked the post about automating personal finances.
Posted by Willie on February 3, 2008 at 6:38am
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