As I noted here early this morning, the media was reporting “Cost of crude oil ends year 57 percent higher.” We’re all feeling the pinch. But that pinch is going to get worse and today, OIL hit $100 a barrel for the first time. Ouch!
Crude oil futures for February delivery hit $100 on the New [...]
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In the news: Cost of crude oil ends year 57 percent higher. And we all feel the pain. Don’t get too comfortable with the prices however, word has it that it’s still on the rise:
Oil prices ended the year near $96 a barrel, or 57 percent higher than where they began, and analysts expect [...]
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Just in time for the holiday shopping season, this hilarious video from Movement Vision Lab explores the pros and cons of shopping at a big multi-nationals versus local, community-owned businesses.
‘Tis the season for consumption. We should work on that. But in the meantime, if you have to buy something for your loved ones, why not [...]
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I swear whenever I hear Bush talking about the economy, I think to myself, this dude is on something. I mean really, like that old anti-drug commercial, “this is your brain, this is your brain on drugs;” I hear Bush speaking about the economy and I think, this is your president, in denial:
President Bush on [...]
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It’s a funny old economy that we live under. Sometimes to find out how it’s working you have to look at disparate reports, and then do a bunch of extrapolating. Here are a couple of stunning little pieces that I ran across yesterday.
The Federal Reserve and other central banks worldwide Wednesday announced a surprise plan [...]
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Cross-posted on Stock Picks Bob’s Advice, Trading Goddess, and John Kerry for President 2008:
I join with other investors in disappointment of seeing a 1/4% drop in the Fed Discount Rate.
The market didn’t like it and turned from about a 50 point gain in the Dow to a 220 point loss. And the market has another [...]
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The San Francisco Chronicle has a piece today on the “Mortage Meltdown.” The gist is that the “freeze,” proposed by Treasury Secretary Henry Paulson, isn’t really a fix to help working families keep their homes, but a fraud, instituted to “prevent owners of mortgage-backed securities, many of them foreigners, from suing U.S. banks and forcing them [...]
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Morning cuppa…laptop…interweb connection…Don’t bother me, I’m blogging!
First, the daily “attitude adjustment”: Gimme the Truth (The PolitiFact Song). Very catchy, ditty!
Concerned about giving your darling little rugrats over-the-counter medicine? Try a teaspoon of honey, at bedtime, to calm your child’s cough. (Source: CNN.com)(1)
Tired of getting gouged by your credit card company? Looks like the Democrats and [...]
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Got Debt? Who doesn’t these days…
Democrats on the Hill are gearing up to take on the credit card companies and their “abusive practices that trap borrowers in an endless debt cycle.” As the economy sinks even lower due to the housing market slump, consumers are trapped in a vicious cycle with debt. Adding to the [...]
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You got your morning cuppa?
I got your Ten (Positive) Post Round-Up!
Hey! Don’t forget to click here for your daily attitude adjustment. Today’s Sweet Thursday attitude adjustment brought to you by Matt Costa.
(Introducing new format fun…)
From Shakesville, Jeff Fecke blogs about how web slackers can Waste Time on the Internets While Helping Actual Humans.
Jeff [...]
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Senator Chris Dodd has a comprehensive and timely proposal for Bankruptcy Reform. As we all know the last ‘reform’ was a disaster for the average family in trouble. Now with the housing downturn the last ‘reform’ is a financial death knell for most families.
From the proposal itself: Unfortunately, today’s bankruptcy laws—recently re-written by the credit [...]
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Oh, snap! It’s Monday!
Don’t you just hate the Monday after a major holiday? Makes me glad that I’m a stay-at-home mom, Sunday thru Wednesday and that I home-school my children so that I don’t have to wrestle with them on Monday mornings. I can enjoy my morning cuppa in peace and snicker at the rest [...]
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