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How Many Companies Will Set A $10 Minimum Credit Card Purchase?
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Started this discussion. Last reply by Larry Aug 14.

Will Tea Party Candidates Win In November
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Do Economics Students Generally Become Economists?
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Information About DefeatTheDebt.com

I have been seeing a lot of ads about the national debt from a website called DefeatTheDebt.com. I decided to do a little research to find 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

Posted on August 4, 2010 at 11:54pm — 1 Comment

paul

Economic Reality Vs. Economic Perception

There is a big difference between economic reality and 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 on August 3, 2010 at 10:22am — 2 Comments

paul

You Can't Just Divide Stimulus Money By Numer Of Jobs Created

I was watching Jay Leno last night and he joined a bunch of other idiots who make fun of the stimulus package by taking the billions spent by the millions of jobs created or saved. The joke becomes that at a couple hundred thousand per job, we could have just given the money to people. People then clap or agree that the stimulus plan was wasteful or unsuccessful even though they are being misled.

The truth is that not all of the stimulus money went to job creation. A lot of the stimulus money w… Continue

Posted on July 17, 2010 at 3:02pm —

paul

Support Elizabeth Warren For The New Consumer Protection Post

Please help many of us support Elizabeth Warren to head the new Consumer Financial Protection Agency. Write or call your elected officials and sens a letter to the editor of your local newspaper.

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 on July 17, 2010 at 2:56pm —

paul

What Are You Working For?

Why do you go to work each day? Are you doing something you love and want to be doing or are you going to work each day to earn a necessary paycheck?

A few lucky people get to do both. They get to do what they love while also making enough money to pay for the things they need and want in life.

For the rest of us, we often have to make some very difficult decisions. Usually, if we do what we want to do, we make little or no money. This is easier to do when we are young, but once a mortgage, ch… Continue

Posted on July 14, 2010 at 3:55pm —

Latest Activity

I think one problem is that people don't make decisions based on "reality" or based on information. I think most decisions are based on emotions. In other words, if people "feel" like things are going bad, then they will make decisions based on thin…
August 28
Ok. How will we find out what is the reality? We can see mistakes of people, but people, having more information, look at things more reality.
August 28
So the penny in my pocket (which costs a nickel to make), will be worth more than the penny in my checking account? That seems silly to me...
August 14
I have seen a lot of the debt ads. I also see Republicans talking about the debt every chance they get. I suppose they see it as a winning issue. People know the economy sucks because they see it around them every day. I suppose reminding voters tha…
August 8
paul added a blog post
I have been seeing a lot of ads about the national debt from a website called DefeatTheDebt.com. I decided to do a little research to find information about DefeatTheDebt.com. The site and ads are run by a corporate public relations company headed…
August 4
paul added a blog post
There is a big difference between economic reality and 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 mark…
August 3
paul added a discussion
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 purchase amount? It seems to make sense for some small b…
July 23
Yikes! Remember back in the day when a millionaire was someone who had it made and was rich beyond belief? Now we find out that even a million probably won't be enough considering the poor returns and the length of retirement for many of us. Now, e…
July 17

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At 4:19am on November 12, 2009, Selina Thounaojam said…
thank you...m interested in development economics...and trying to concentrate on issues related to India itself, specially the north east of the country... but still busy figuring out where to apply and stuff...
 
 
 


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