Articles for Business & Finance

EXCERPT: Today I woke up expecting to see an 800-point drop in the DOW. Surprise! The FED jumps in cutting the benchmark FED funds rate by three-quarters of a percentage point to 3.5 percent Tuesday -- the biggest drop in the overnight interbank lending rate in more than 23 years. Why? Do they keep cutting the rate until the FED is paying to loan money? This is market manipulation in the highest form. Why can the FED manipulate the market but you and I can’t? Is the FED above the...

EXCERPT: by Patricia L Johnson
According to Associated Press reports Japan's Nikkei 225 index dropped 3.9 percent Monday and by Tuesday morning had dropped an additional 4.4 percent to 12,738.31. 
Hong Kong's Hang Seng index dropped 5.5% percent Monday and was down an additional 7.2% in Tuesday morning trading.
London's FTSE-100 dropped 5.5%, Germany's DAX 30 dropped 7.2% and France's CAC-40 dropped 6.8%
The U.S. stock markets were closed Monday...

EXCERPT: I've always been concerned about our economy especially with the massive amount of debt we've incurred from this devasting war in Iraq. With the mismanagement of our government from this administration to the wealth accumulated to the Neo con friends of this administration, where are we headed? Here is an article from CNN Money By Grace Wong, CNNMoney.com staff writer: Scramble For Cash
  Devastated by tightening credit markets and the mortgage mess, Wall Street...

EXCERPT: Update U.S. dollar's no good at the Taj Mahal The tumbling value of the US dollar led tourism officials in India to ban the ... American tourists must pony up the Taj Mahal's admission fee in rupees in ...
Sorry, but this bares repeating: The Goose That Laid The Golden Egg
America The Golden Egg.  We emerge unchallenged economically from the Second World War.
The Golden Egg hatches.  Our money is accepted globally, even though it’s just...

EXCERPT: I've been watching a program about McDonalds and its growth in The People’s Republic of China (PRC) under the watchful eye of Mao Tesung’s huge portrait still hanging conspicuously over Teinamen square.
The PRC, still very much a Communist nation, seems to be synthesizing Capitalism and Communism.  What should that synthesis be called? [Image sizing and placement isn't what it used to be, so in order to see this diagram click on the Dialectical...

EXCERPT: It’s that time of year.    It’s time for you to be Santa’s little helper once again, to make his birthday a very merry event.     Santa’s Birthday comes but once a year (although it won’t be long before its celebration will start on Independence Day).       Be of good cheer, all you Average American Consumers.  Tis' the season to buy, to set new glorious records to celebrate...

EXCERPT: For the Average American the plummet accelerates as our leaders implement the advanced stages of the great leveling! Fallout, bits and pieces, critical elements in the process: India’s Mukesh Ambani is now the world’s richest person. It now takes: $2.0621 to buy an English Pound Sterling ($1.80 until GWB regime); $1.4425 to buy a European Euro ($0.80 until around 2001 GWB regime); $1.00 to buy a Canadian Loonie ($0.78 average pre-2001 GWB regime); ...

EXCERPT: Allow me to once again share the Profit Power Tool with you.       The Fidelity Select Mutual Funds selected below (FWLRX: Wireless, and FSAGX: Gold) are very recent investments (sold the gold just yesterday) using The Tool within the context of The Strategy (follow the links to my previous postings below for more on     The Bought Value figure has been standardized at $10K for easier understanding.  That of course changed the...

EXCERPT:     This just out for my truly Conservative Federal spending and budget discipline
“Bush will also ask Congress to temporarily change the tax laws to make it easier for mortgage lenders to renegotiate loan terms with borrowers. If a homeowner is unable to make payments and the value of its house has dropped, its lender may want to renegotiate the loan so that the borrower owes less. A mortgage provider would, in many cases, prefer to reduce a $100,000 loan to...

EXCERPT: What I'm going to relay to you is a personal experience but I have later learned that this is a practice used by another bank chain.
It all started when I was, in a sense , laid off from my job for two months. I  was finally called back last month and things are starting to get better. While I was laid off the account, that my check was automatically deposited in, was closed. So I wasn't for sure where my check was going to go. I tried to get it into my wife's...