Posts Tagged ‘finance’
Best Blog I’ve found in a good while.
If you’re not reading it already, consider reading FlowChart. FlowChart is Rick Newman’s blog over at US News and World Report. I just read four great posts in a row, and I’m sold, I’ll be a regular reader from here on out. If you’re interested, take a look at this articles: What Sully Sullenberger Can [...]
From the Newswire: January 22, 2009
There was a huge wreck on I-45 yesterday, traffic was almost completely stopped in both directions. We need better alternate routes, folks. How about a commuter train? Leave the car in downtown for a day and have a friend or your spouse pick you up at a park + ride when the freeway is completely [...]
A Visual Guide to the Credit Crisis
This is from Mint.com, which, by the way, is a great piece of financial software. This was so good, I thought I should re-post it here. Hope you all enjoy!
The best documentary I’ve ever watched
Everyone in America needs to watch this report and think about it. PBS put together a program outlining the connection between energy prices, transportation systems, the mortgage crisis (which has created the financial meltdown), and US History. It’s fantastic, and you owe it to yourself to watch. The key feature, the absolute home run they [...]
Two original thoughts
As the title says, I have two original thoughts on this. One will come as no surprise to people who read this blog, the other, I think is new. #1: Banks and the Housing Bubble… So, the biggest problem underlying everything else right now is the bursting housing bubble. We’ve got way too much housing [...]
From Yahoo Finance:
Courtesy Ben Stein: 12 Ways to Ruin the US Economy 1) Have a fiscal policy that creates immense deficits in good times and bad, burdening America’s posterity with staggering burdens of repaying the debt. 2) Eliminate regulation of Wall Street and/or fail to enforce the regulations that already exist, instead trusting Wall Street and other [...]
Not everyone should own a home.
From The Wall Street Journal, the best read I’ve had in a long while… Maybe only a friendly foreigner could say this. But America needs to realize that not everyone can own a home. The American Dream of home ownership for all is a fraud. Politicians who pimped this dream created an unsustainable mortgage industry [...]
At least we’re taking them all down with us…
Headlines: World stock markets tumble Europe works to contain crisis Stocks suffer blowout as global crisis persists Global stocks in Monday mess Stocks worldwide fall as crisis fears widen Seems like passing the bailout didn’t soothe any nerves. The keyword I keep hearing over and over again is fear. Fear, fear, fear. Everyone is afraid. [...]
Commuters instead of circulators? Bad idea.
Houston Strategies today suggests abandoning three of the planned light-rail lines in order to free up funds for other projects. In place of those lines, he suggests improved bus service, and investment in the commuter rail and improvements to the commuter bus system. His suggestion is that we cannot afford the investment in the north [...]