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Monthly Archives: May 2009
Will Consumer Spending Resume and Revive the Economy?
In an effort to revive their economies and spur consumer spending, world leaders are attempting to inject money into many economies around the world. So, where will all this money come from? Bookmark on Delicious Digg this post Recommend on … Continue reading
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Think That the Worst Is Over? Read This
According to an article published in “The Wall Street Journal” on May 21, 2009, the economies of the United States and three of its most prominent trading partners, Mexico, Japan and Germany, all contracted, and contracted significantly. The United … Continue reading
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I Told You So
Not long ago, when the Obama administration announced it was going to roll out a housing rescue program called the “Mortgage Modification Program”, I wrote that while I was personally fundamentally opposed to government intervention in this market, the Obama … Continue reading
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Did You Know That You Owned This?
The weekend edition of ‘USA Today’ (May 15-17, 2009) featured a front page story titled “Feds Face Big Losses in Home Market”. The article points out that the federal government, or in reality the taxpayers, own more than 50,000 houses … Continue reading
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Is The Worst Over?
Hear that noise? It’s the sound of folks rushing optimistically back into the stock markets of the world. Bookmark on Delicious Digg this post Recommend on Facebook Share on Linkedin Share with Stumblers Tweet about it Tell a friend
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