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Archive for the ‘economy’ Category

Just when you thought you heard it all.  What do you think?  Thanks LG for sending me this article. When I hear my fellow baby boomers gleefully talk about their elaborate plans to retire ASAP, head for the Tuscan hills or otherwise continue their lifelong quest for self-actualization, I have to bite my tongue. It’s [...]

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Bigger isn’t always better

I clipped this from a blog site called “unclutter.” New homes, after doubling in size since 1960, are shrinking. Last year, for the first time in at least 10 years, the average square footage of single-family homes under construction fell dramatically, from 2,629 in the second quarter to 2,343 in the fourth quarter, Census data [...]

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Economy not so bad??

Today I found more proof that the economy is not so bad.  On the TV program “Your World with Neil Cavuto” there was a segment featuring Ted Gibson, a hairstylist in Manhattan.   He charges $950 for a haircut.  That’s right, you read that correctly – $950 for a haircut.  Ted says that women today [...]

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I could smell a dirty rat a mile away.  I knew there was more to these AIG bonuses.  Don’t tell me no one knew they were receiving them.  Well today we learn that Senator Dodd authorized them.  This means Obama knew and certainly Fed Treasury Secretary Timothy Geinthner.   WASHINGTON (CNN) – Senate Banking committee [...]

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Why all the fuss about AIG giving $165 Million in bonuses?  What we have is a case of selective rage.  Both democrats and republicans pick and choose what to make a fuss about.  The AIG bonuses amount to less that one tenth of one percent of the total money given to AIG.   Let’s compare [...]

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What’s next?  Taxing us for the amount of air we breathe?     A Utah legislator has asked his colleagues to study the potential for taxing caffeine as a new stream of revenue for the state, the Salt Lake City Tribune reported. Rep. Craig Frank told the newspaper he had initially wanted to target caffeinated [...]

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  With our difficult economic times, many Americans are being faced to cut back and downsize.  Lately I’m facinated with how the rich cope with these economic times.  How do they downsize?  Well today I read that Former Massachusetts Governor Mitt Romney is selling his ski villa in Utah and a home in Massachusetts.  He’s [...]

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Did You Vote For This?

Since Obama was voted in as President on November 4, the Down has lost about a third of its value.  On October 9, 2007, the Dow Jones Index was 14164.  Today the Dow is hovering around 6545 – about 45% less in value than in October 2007.  To make matters worse, every time Obama, or [...]

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Whether you are a democrat or republican, you have to admit there is a lot of bad news on the evening news.  However, today we have a bright spot of good news.  Walmart reports higher than expected earnings.  Now the bad news – why don’t we hear about this on the news?  Answer – the [...]

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Is It Just Me?

Am I the only one noticing the gas prices rising?  Why?  Crude oil is holding or falling per barrel.  So why the increase at the pump?  We can’t blame Bush, he’s not in office.  I guess it’s now on Obama’s watch.  But he’s too consumed with trying to get his porkulus bill passed.

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