Washington, DC - Timothy Geithner is holding a very powerful position but it is one that has major problems if he makes a mistake. If he predicts that the U.S. economy will not be affected by the Aaa debt rating;...
created by Rosie | 10 hrs ago | updated 10 hrs ago 42 views | 16 recommendations | 3 comments
At a summit in Iqaluit, northern Canada, Canada's Minister of Finance, James M. Flaherty, announced a pledge by the G7 Nations to cancel Haiti's bilateral debt. The announcement follows Haiti's devastating 7.0...
GlaxoSmithKline just announced by Dow Jones newswire that profits were rising by 66% to $2.6 billion for last 3 months of 2009. This total was helped by swineflu vaccine sales for the H1N1 virus. "Glaxo said “it would increase its restructuring efforts and will seek to cut...
created by Rosie | 5 days ago | updated 5 days ago 93 views | 4 recommendations | 2 comments
Yucaipa Companies, owned by the elusive “Santa Monica Boulevard Billionaire” Ron Burkle probably shouldn't be interfering in Barnes & Noble business right now since there is a lot of...
created by Rosie | 1 wk ago | updated 1 wk ago 197 views | 6 recommendations | 3 comments
Everyone is talking “green” these days. There is an increasing awareness that the Green Economy might be integral to the revival, growth and sustainability of the U.S. economy.WHAT IS GREEN?Green is an approach to define and create processes and products that are...
created by probaldg | 1 wk ago 68 views | 6 recommendations | 6 comments
Financial Institution Overhaul President Obama on Thursday announced a sweeping overhaul of Financial Institutions. The intent of the overhaul is to ensure that no financial institution is to big to...
In an act described as 'shoplifting in reverse' a UK artist has been putting items of clothing into shops rather than buying or stealing them.The clothes have special labels telling shoppers that if they like the...
George Washington discusses the need for a new model for our monetary system and looks at some alternatives. One noteworthy model that has already proven successful: the State of North Dakota is the only one in the...
opinion by Erik Larson | 11 wks ago | updated 11 wks ago 90 views | 17 recommendations | 4 comments
What is left of the value of a One Dollar bill? • Never has there been such a globally important currency as the US Dollar with so much political and financial manipulation. The question arises...
"A question that many people continue to search for is how to create wealth. Well wouldn’t it be nice if there were some easy method for creating wealth and passive income streams. But realistically there isn’t...
Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology called a printing press that allows it to produce as many U.S. dollars as it...
The perception that a recovery through financial stimuli creates a multiplying effect for growth, from which the government easily can exit, is false.The common idea that almost everyone believes is that government...
Stocks are going up, to be hit hard when people realize that the recovery is a fraud. When will that happen? This is not known. But another big wave of foreclosures could set this off."The Second Wave Begins." is...
If the consumer credit party is over, is it possible for businesses to grow, and prosper? Not now, when consumers stop consuming, the economy stop growing.If consumers don't borrow, the consumer economy won't...
The unemployment rate in the US rose to 10.2% in October, which was its highest rate since April 1983, according to figures from the US Labor Department. It rose from September's figure of 9.8%. The economy lost...