Your daily Economy dose!
Most commodities these days are traded online, where you can buy a certain amount of a commodity and sell it, without having to handle the physical item itself. The benefits of trading commodity online is that you can trade for all …
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Commodity Trading » Commodity Investment – How Do I Invest Into …
WinWeb’s first Pitch of the Week winner is the Business Opportunities and Ideas website . The BOAI website is a blog specifically written for those starting or running a small business. The entry in to the WinWeb Pitch of the Week competition was made by John Crickett, founder of the website.
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WinWeb Pitch of the Week – Business Opportunities and Ideas
On Tuesday, I wrote : The Fed argues that an audit would interfere with its monetary policy decisions.
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The Fed Is Only Authorized to Conduct MONETARY Policy, But It Has Also "Become the Single Largest FISCAL Actor in the U.S. Economy"
POSTED AS A COMMUNITY SERVICE BY GADABOUT-BLOGALOT ECOC Friday Blast This Weekend Saturday May 8th at 6:30 PM Free Seminar @ Wildlife West’s Bean Barn “Economic Development Through Tourism” There will be a specialist in Toursim presenting how tourism affects the whole community. Come early and enjoy the park, then, join us for this VERY informative and helpful seminar on how all of our businesses can grow through tourism
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Edgewood Chamber Of Commerce Friday Blast (May 7,2010)
Note: This earlier post has summaries of three major stories today: Europe, market glitch, and employment report. This is an unofficial list of Problem Banks compiled only from public sources. Here is the unofficial problem bank list for May 7, 2010
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Unofficial Problem Bank List May 7, 2010
Congressman Grayson’s office sent me the following announcement: Rep. Alan Grayson Applauds Upcoming Partial Victory in Senate “There is deep bipartisan support for a full audit of the Federal Reserve, in both the House and the Senate. The Sanders Amendment takes a significant step in that direction
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Congressman Grayson Now Backs Sanders Amendment
Intravenous cash Injections of capital Could not save this bank One thousand point drop Ten thousand banks may yet fail Is it time for gold? by Soylent Green is People From the FDIC: First Federal Bank of Florida, Lake City, Florida, Assumes All of the Deposits of The Bank of Bonifay, Bonifay, Florida Bank of Bonifay, Bonifay, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver
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Bank Failures #65 & 66: Florida and Minnesota
Alan Greenspan previously said that the current credit crunch is “by far the greatest financial crisis, globally, ever” — including the 1930s Great Depression. As Bloomberg noted : Greenspan said that while the economy was in worse shape in the Great Depression, the recent financial crisis was potentially more harmful than that in the 1930s because “never had short-term credit literally withdrawn.” Today, Greenspan said : The evaporation of the supply of such credits on so global a scale within hours or days of the Lehman failure is, I believe, without historical precedent … The bankruptcy of Lehman Brothers in September 2008 precipitated what, in retrospect, is likely to be judged the most virulent global financial crisis ever…..
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Greenspan: "Most Virulent Global Financial Crisis Ever"
I received this from Leader Boehner’s office today asking What is the Obama Administration’s Strategy to Confront and Defeat the Terrorist Threat? Unfortunatly after researching there doesn’t seem to many, if any, answers to these questions
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What is the Obama Adminstrations plan for the Terrorist Threat: 5 Questions Americans Want Answered
CNBC Squawk Box — Crisis Economics (Click for VIDEO [5:56])
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Roubini on CNBC Squawk Box – Market Turmoil, Eurozone, and Crisis Economics
A hidden provision in the Health Care Takeover bill is causing quite a stir among small businesses and accountants. It seems that for any transaction in which a business spends more than $600, the business will be required to issue a 1099 form according to CNNMoney. Section 9006 of the health care bill — just a few lines buried in the 2,409-page document — mandates that beginning in 2012 all companies will have to issue 1099 tax forms not just to contract workers but to any individual or corporation from which they buy more than $600 in goods or services in a tax year
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Bacon with a side of your Tax ID Number
Corneta (Caracas Cultural Weekly) An interview with Palestinian artist Nidal El-Khairy, who is currently in Caracas to show his work at the Rómulo Gallegos Center for Latin American Studies. The exhibition opens on Wednesday May 12, at 7pm
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Art Should Intervene in the Media to Subvert and Humanize Information: Interview with Nidal El-Khairy
“Arkansas’ 1st congressional district is a U.S. congressional district in northeastern Arkansas that elects a representative to the United States House of Representatives
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50Seats.Com, The Series: Part VII, AR-1 (Open)
Turbulence continued to rock the equity markets on Friday, as Wall Street closed out one of its most volatile weeks since the financial crisis of 2008. Market regulators said that they had not yet determined the cause of Thursday’s steep decline.
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Volatile Week on Wall St. Ends With Another Slide
Even though a deal was supposedly reached yesterday for a watered-down version of a Fed audit, a source on the Hill tells me: Do not be deceived that this Senate ‘deal’ is done, though. The amendment has not passed, and I have heard rumors that Geithner and Bernanke are still fighting this compromise quietly behind the scenes. If it does pass, Fed transparency reformers will be in a very strong position going into the conference committee, which will merge the Senate and House bills.
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It’s NOT Too Late To Call Your Senator And Demand a Thorough Fed Audit
Paul A. Volcker, the former Federal Reserve chairman, has voiced some concerns about Senator Blanche Lincoln’s proposal to regulate the derivatives market much more tightly, saying that he is not in favor of forcing banks to spin off their derivatives operations.
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Volcker Says Derivatives Proposal Goes Too Far
From the National Multi Housing Council (NMHC): Apartment Industry Shows Widespread Improvement According to NMHC Quarterly Survey of Market Conditions The Market Tightness Index, which measures changes in occupancy rates and/or rents, rose sharply from 38 to 81. This was the highest figure in nearly four years
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NMHC Quarterly Survey: Apartment Market Conditions Tighten
Leadership Winter Haven Class 30 held graduation ceremonies last evening at Lake Region Yacht and Country Club. Class Chair Keira Lennox conducted the evening with assistance from Chamber Foundation Chairman Steve Warner. The evening’s festivities were capped with the presentation of the 2010 Leadership Winter Haven Distinguished Alumni Award to Hap Hazelwood, LWH Class 7.
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Leadership 30 Graduates. Hazelwood is Distinguished Alumni
The Maryland Court of Special Appeals affirmed the dismissal of a defamation action brought against attorneys who had sued the plaintiff company in a federal court class action alleging mortgage fraud. The court held that the plaintiff did not have…
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Defamation Suit Barred By Immunity
Chambers of Commerce and economic development: What’s the difference? Greene County Daily World (blog) Support for vendors is typically provided by agencies, such as local chambers, small business development and community learning …
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Chambers of Commerce and economic development: What's the …
Dictionary definitions for a chamber of commerce include, “an association of business persons or merchants for the promotion of commercial interests in the community,” and “an organization composed mainly of local businessmen to promote …
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Chambers of Commerce and economic development: What's the difference?
The South Dakota Supreme Court affirmed a trial court’s permanent injunction prohibiting the unauthorized practice of law by a graduate of the University of South Dakota School of Law3 who has never been admitted to practice in South Dakota. The…
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Unauthorized Practice Enjoined
If you haven’t heard Indiana Superintendent of Public Instruction Tony Bennett talk about education, you’re at a disadvantage. Reading the words here, in a newspaper story or on a web site do little justice to the passion he brings to what is not only his current job, but his mission to improve opportunities for all Indiana students. Bennett spoke to Chamber members earlier today in our monthly Policy Issue Conference Call
Afghan perceptions of the local economy. (CIPE/Charney Research) On May 6, CIPE released the findings of its Survey of Afghan Businessmen conducted in December/January 2010. The sample surveyed over seven hundred businesses across Afghanistan, focusing on the needs and policy views of mostly small businesses in manufacturing, construction, services, and retail.
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Afghan businesses bullish on Afghanistan
Here are a couple more graphs based on data in the employment report … Temporary Help From the BLS report : Temporary help services continued to add jobs (26,000); employment in this industry has increased by 330,000 since September 2009
