Occupy movement has taken to Mondays. Photo courtesy of salon.com
The Occupy movement has decided to take on a new challenge: Mondays! Long the most despised day of the week of the 99%, the movement seeks real reform against the pain and terror this day brings.
True to the social media revolution, the protests were planned out through Fac [...]
Posts in category Economy
#OccupyMonday
Occupy movement has taken to Mondays. Photo courtesy of salon.com
The Occupy movement has decided to take on a new challenge: Mondays! Long the most despised day of the week of the 99%, the movement seeks real reform against the pain and terror this day brings.
True to the social media revolution, the protests were planned out through Fac [...]
A New Modern Economic Theory
Getting the economy to a well tuned machine...
The system is broken. Obviously it has been broken for a long, long time, sustained by a series of patches and hotfixes throughout the years. The Great Depression, The Great Recession, and all the recessions in between. The good news is we are not the only one suffering. Free and centrally planne [...]
The circle of broke
Anyone who remembers Disney’s The Lion King can understand the circle of life. Well now, I want to introduce you to the circle of broke, that subset of the circle of life that dictates how the poor stay poor.
Flashback to November, 2008. My wife, a 5 year employee of a major employer, was laid off, replaced by a more streamlined (read, [...]
Bank of America now in the business o...
Bank of America Corporate Center - Charlotte, NC
Reading the Wall Street Journal today, an article on the 3rd page caught my eye. Apparently, Bank of America has gotten into the business of home invasions and parrot-napping (NY Daily News).
Angela Iannelli, a 46 year old from the Pittsburgh area, came home to find her door padlocked, her hous [...]
Is there anything worse than being br...
I'll sell you my tie
Some people will say so. Most of them aren’t broke so, do their opinions really matter? I mean, I can look at the bright side, I have my family, my health, my house, etc. Ok, well, the health is questionable (large amounts of stress does that to people), stress in the family, and the consistent fear of losing my [...]
Mix signals?
Is it just me, or is the economy giving us mixed signals. The Dow Jones has recovered nearly 3000 points from it’s low, yet 84 banks have failed this year as of last week. That averages out to 2.5 bank failures per week. Ouch! There are still signs of things sinking, particularly in commercial real estate. Yet other signs show we are im [...]
Russians, clunkers, and hackers
Akula class Russian submarine, like the two that were found off the East U.S. coast
Seems like Russia wants the world to know that it is supposedly back on top of its military game. The U.S. has been tracking two Russian submarines off the east coast of the U.S., hanging around in international waters. That’s comforting to know given th [...]
Sorry it’s been soooo long!
I’ve been slacking off here! Sorry I’ve been ignoring this site, but life has been busy. In-laws in town, redoing the backside of my house (unfortunately with little help), and dealing with life in general.
And my god, so much has happened over these last couple of weeks. Michael Jackson dies, his mom aks for temporary custody, hi [...]
Do our financial advisors always know...
It never hurts to add up your own numbers
It’s a good question. A couple of jobs back, I had an 401k account. They didn’t match, but they put 3% of my salary into my 401k, regardless of what I put in. So I put in 3%. As the times were good, I watched it grow. It was a measly amount, maybe $3500 at its best time. Gains were total [...]
Difficulties of non-traditionals
The real world can be daunting to those who've never been in it.
Some people may not realize this, but being a non-traditional college student may be one of the hardest experiences in someone’s life. And when I refer to non-traditional, I’m referring to that rare breed of student: independent, with a family, a mortgage, a full [...]