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Government Takeover – Is Your Small Business Next?
The President this morning gave another campaign speech highlighting all the things the U.S. government has done to help America’s economy. The recently-signed finance reform bill, he noted, will end corruption and bail-outs of those fat cats on Wall Street. Meanwhile, he said the government is working on a $50 billion package of loans for small businesses, ostensibly to create jobs and get the economy moving.
Europe is Jumping the Gun by Removing Stimulus!The battle is on – Europe wants austerity measures adopted and stimulus removed, while the U.S. Fed says it’s too early, that stimulus efforts need to remain in place.
A Story of Debt and WasteA metaphorical story about a country in debt and yet where there is much waste. Each person is responsible for their actions, whatever status in life.
Unemployment and It’s Impact on Families, Teenagers and Young AdultsTeenagers and young adults are feeling the financial crisis, as well as their parents. The lack of unemployment is being felt by most Americans of all ages. America may lose an entire generation because of the current financial downward spiral.
Interest Rates and the World EconomyThere is no effective way to measure the source of funds as well as the amount of funds each bank and lending institutions have. This would mean facing difficulty in making estimates as to the credit facilities and funds that they have available for lending to business enterprises and individuals. This could have help set the overnight benchmark interest rates. As the Federal Reserve gradually lowers interest rates, it also slowly depletes its funds.
