Posts Tagged ‘Economy’
Should Timothy Geitner be Treasury Secretary?
Some will question if failing to pay taxes in the past should disqualify Mr. Geitner from the post of Treasury secretary. The critics will say with the IRS reporting to the Treasury secretary it would be like the fox guarding the hen house. Others have suggested if he could [Read More]
GM Vice Chairman Calls for Higher Gas Prices
No, your eyes do not deceive you! And yes, I agree – Bob Lutz, Vice Chairman of General Motors, is probably the last person you’d expect to be calling for higher gas prices. Especially given the state of the economy, and the knock-on effect it’s had on the [Read More]
I Fear For Detroit
I’m worried about my hometown. I’m from a town just out of Toledo, OH. Toledo is very close to Detroit…and of course, Detroit is home to the auto industry. The nation is already in fiscal trouble, but if the auto industry goes runs out of money the already sad job [Read More]
Bad Economy Woes
Everyone is feeling the impact of this struggling (in some cases downward spiraling ) economy. It is hitting us in the pocket book, and we are having to change our way of life and cutting back to make things work. That alone sucks. However, I was dreading the day where the [Read More]
Knowing About Your Money
I’ll never claim to be an economy expert. However, my not so bright cockatiel could tell you we are amid a financial crisis, and that we have been slowly circling the drain for some time now. As we are inundated with rhetoric about the bail out and golden parachutes, it [Read More]
A Layman’s Questions About the US Economy
Every day, I’m reading of stock market losses. 200-500 point losses each day. This cannot be good. And yet, I must admit I don’t understand the how and why of it all. And I don’t really have time to do the research necessary to grasp it well. Before you [Read More]
$700 Billion Bailout: Pro and Con Open Thread
Okay, it needs to be discussed, but I am far from the economic expert. The House of Representatives will vote today on the revised version of the proposed $700 billion bailout. At best, I can discuss this from a theoretical / logical perspective, and then I’ll leave [Read More]
