Your daily Economy dose!
Check out this campaign ad for Les Phillip. (H/T Lex Communis ) Here is the background information on Les . Excerpt: Les Phillip was born May 29, 1963, to Randolph and Elvina Phillip in the tiny Caribbean country of Trinidad – Tobago.
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Naturalized citizen from Trinidad running as Republican in Alabama
The Federal Deposit Insurance Corporation, which insures deposits and manages failed banks placed in receivership, among other things, has received toxic collateralized debt obligations (CDOs) with a “book value” of over $400 million from approximately two dozen failed banks around the country. In this case, “book value” means cost basis.
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The FDIC Has Been Left Holding Substantial Toxic CDO Debt
Liz Ann Sonders, Charles Schwab’s chief investment strategist, is skeptical about bonds and emerging markets and believes that “[i]nvestors are doing what they do well, which is chase past performance,” according to a recent article by Mina Kims posted on CNNMoney.com, “Bond investors are chasing the past.”
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Bonds – Is It Time To Be Cautious?
In two weeks, I am supposed to speak on a panel entitled “Financial Re-regulation.” My question is, what re-regulation? To me, re-regulation means you would reverse some step that you took toward deregulation. But the new financial reform bill does not reverse any of those steps, as far as I know
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What Financial Re-Regulation?
The Greater Dallas Hispanic Chamber of Commerce will award more than $1.8 million in college scholarships to 172 area students at its 27th Annual Stars on the Rise Scholarship Banquet.
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HispanicTips » » The Greater Dallas Hispanic Chamber of Commerce …
Here’s her own words from her YouTube channel: After a series of procedures on the Floor of the House, House Democrats voted to table a bill that would eliminate the proposed federal employee pay raise scheduled to go into effect next year and also freeze the pay for Members of Congress. Rather than cut spending as the people have asked, Democrats have passed the buck yet again.
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Democrats kill Michele Bachmann’s attempt to freeze federal salaries
Re-blogged by 0 agents Ways to Succeed by Cost Cutting Innovative Ideas in Shasta County Early in my campaign, I made it known both verbally and in writing that one of the characteristics of my campaign platform was to, in an effort to be a true advocate for the taxpayer, look for ways that the county could save money in cost cutting ideas. From fleet management to inter office cooperation, I would look at the Assessor Recorder office in terms of efficiency and cost effectiveness..from the taxpayer and business owner point of view. I was ridiculed, being told that was not in the job description of the Assessor Recorder
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Ways to Succeed by Cost Cutting Ideas in Shasta County
Yahoo News reports . (H/T ECM ) Excerpt: Perhaps you saw news footage of President Obama in Grand Isle, La., on Friday and thought things didn’t look all that bad.
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BP bused in 400 temp workers to clean an area for Obama’s photo-op
Economists use the term “rent seeking” to refer to people investing resources in getting government favors. In the Concise Encyclopedia article I wrote on this, I explain why I think the term is inappropriate. But if rent seeking were the appropriate term, then what Tyler Cowen quoted about Greece today could be called “rent sucking.” Key quote : AirSea’s odyssey illustrates one of the key problems preventing Greece from generating the economic growth it needs to pay off its heavy debts: Critics say a sprawling civil service has tried to secure its own survival through an opaque patchwork of fees, taxes and red tape.
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Rent Sucking
The blog’s White Paper, Budgeting for a New Normal, has proved extraordinarily popular since it was published earlier this year. As a result, ICIS have asked me to produce a mid-year Update, to review developments over the past 6 months. This will appear shortly
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Chemical price falls could signal slowdown
Consider this sample from government-run broadcast media. Christian taxpayers are paying him to say that about Christians
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How reliable are government-paid broadcasters like Tavis Smiley?
The large number of bank failures over the past two years has resulted in big financial losses for investors owning stock in those banks. In most cases, failed banks are taken over by the FDIC, which arranges for the operations to be assumed by another bank — free of the liabilities of the failed bank
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Investors Have Sustained Huge Losses Investing in Small Banks
Over at GNXP, Razib Khan put up a post on the historical demographics of German Jews as compared to the current demographics of American Jews that I thought might interest you.[I]n regards to the future of the American Jewry I think the story outlined in Amos Elon’s The Pity of It All: A Portrait of the German-Jewish Epoch, 1743-1933 may serve as a possible vision of the future. Elon notes that
Arts Directory The art is a broad subdivision of culture, composed of many creative endeavor and disciples. And we started with the incredibly gorgeous vintage rose and now we literally have hundreds of different kinds of roses in various sizes, colors and fragrance. Animation Directory Animation is the rapid display of a sequence of images of 3-D or 2-D artwork or model positions in order to create an illusion of Motion.
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1webdirectory is a General directory here you can find different types of service
Anyone with a general comprehension of tax law, book keeping and QuickBooks can be an accountant but few are able to facilitate all the additional services needed for an expanding corporation. You should pick an accounting firm based …
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How To Choose A Corporate Accountant – You Need More Than Their …
WinWeb’s Pitch of the Week winner this week is Kat Waring, the owner of Lily Waring Intimates . Kat started her own business in 2007, after many years of dreaming about running her own company. Lily Waring Intimates is an online store selling lingerie, with free UK deilvery Read more about Kat’s small business story here , and if you would like to enter WinWeb’s Pitch of the Week competition visit our Facebook page for more information – you could win superb free publicity for your small business! winweb.com – Software and business services online to start and run a small business – free trial and 100+ free business ideas.
Here . Excerpt: The scene: My youngest daughter and I were returning from a couple of college visits. We were trying to find a gas station to fill up the rental car so I wouldn’t have to pay the good folks at AVIS $5 / gallon, or whatever exorbitant rate they charge these days.
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Neil Simpson posts on the worst GPS directions ever!
As I reported yesterday, the “Top Kill” attempt to stop the oil flow using mud had failed, and BP would now try to use a “junk shot” to close the leaks in the pipe using various debris. The New York Times is now reporting that the junk shot approach is not going well: The company [again] suspended pumping operations at 2:30 a.m. Friday after two “junk shot” attempts, said the technician, who spoke on the condition of anonymity because he was not authorized to speak publicly about the efforts.
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BP Suspends "Top Kill" For Second Time After Trying Two Junk Shots. Less Than 10% of Injection Fluids are Staying Inside the Leaking Pipes
Miss Marprelate writing Her latest post is here and it’s funny. Excerpt: I found this cute little map online, it tells you all the “International Number Ones: Because Every Country is Good at Something”.
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Miss Marprelate compares Canada to the rest of the world
The Longview Chamber of Commerce received an Honorable Mention award in the campaigns and programs category for our entry in the 26th annual Awards for Communication Excellence competition sponsored by the American Chamber of Commerce Executives. One of twenty-three entries in the campaigns and programs category, the Longview Chamber of Commerce‘s entry was our Community Branding Campaign.
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Longview Partnership Receives Honorable Mention from the Amercian Chamber of Commerce Executives
Gustavo Fernández Colón – Another Green World The most serious aspect of the crisis facing the global capitalist system is not the bankruptcy of financial corporations, or the global economic downturn, or the discrediting of its institutions of political control. It is the environmental crisis caused by the irrational destruction of nature, to the point of jeopardizing the ability of self-regeneration of the ecosystems on which our survival depends.
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The Eco-Socialist Alternative: Capitalist Destruction or New Civilization?
Are you ready for the upcoming changes that the new Healthcare Bill outlines? Many businesses are confused about what they are to do and when. The Longview Chamber will be providing regular updates on their website at www.longviewchamber.com . Be sure and select Health Care on the left side of the home page and click on Impact of New Law. Currently, we are showcasing the U.S. Chamber and NFIB’s most recent webcast and supporting documents which outline the bill and helps diffuse many of the myths that are still in play. We have also provided you with several .pdf files to download which will help businesses understand the upcoming changes. Downloadable files include: Critical Employer Issues in the Patient Protection and Affordable Care Act Health Care Implementation Timeline (PDF) Aftermath: New Realities for Businesses in the Wake of the Health Care Law (PDF) Healthcare Reform Law: Timeline for Small Business (PDF) Five Unaffordable Facts About the New Healthcare Law: The Patient Protection and Affordable Care Act (PDF) What do you need to be ready for in 2010
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How Does the Health Care Law Impact Your Business?
This week (somewhat delayed and contracted thanks to lots of travel and little time) we have a quick round-up of last week’s news from ChinaBlogTweets , our Twitter feed. Enjoy:
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Briefly….Top Ten Tweets (From Relationships, Gifts & Jeepzters, To Soft Protectionism, The Everywhere Party & Prison)
Attention Active Duty Military Members in and around California, Nevada and Arizona: Don’t Forget The Lyrics is casting for active duty military members from the Army, Air Force, Marines, Navy and Coast Guard for a week long tribute to our country’s military heroes. Please be sure to read through this important announcement if you or someone else you know (must be active duty military and lives in California, Arizona or Nevada) would like a chance to win money and have some fun on Season 5 of Don’t Forget The Lyrics. Details about this unique and fun opportunity are as follows: DON’T FORGET THE LYRICS! NOW CASTING ACTIVE DUTY MILITARY!!!! WE ARE TRIBUTING AN ENTIRE WEEK STRICKLY FOR OUR COUNTRY
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Don’t Forget The Lyrics is Casting for Active Duty Military Members
Here’s what the new Republican program is all about: YouCut – a first-of-its-kind project – is designed to defeat the permissive culture of runaway spending in Congress. It allows you to vote, both online and on your cell phone, on spending cuts that you want to see the House enact. Vote on this page today for your priorities and together we can begin to change Washington’s culture of spending into a culture of savings
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The Republicans want YOU to tell them how to cut wasteful spending!