Tag Archives: economy

I feel bad for Bernanke

Not only is there nothing Bernanke can do to prevent further meltdown in housing and erosion of the economy, but if there was he wouldn’t know what to do. From this AP article: One of the suggestions Bernanke made was … Continue reading

Posted in Money Stuff | Tagged , | 2 Comments

Pay No Attention to the Recession Behind the Curtain

Stunning jump in foreclosures The Fed cuts interest rates by 0.75%, markets around the globe take big hits over night and Heath Ledger dies; what else could possibly go wrong? How about a 421.2% increase in the number of foreclosures … Continue reading

Posted in Political Stuff | Tagged | 1 Comment

Someone forgot to refill the Real Estate ATM

There’s always a first for everything so I’m going to link to the New York Times: Drop Foreseen in Median Price of U.S. Homes I don’t really consider myself a pessimist, but I do pride myself on looking at the … Continue reading

Posted in Money Stuff | Tagged , , , | 11 Comments

My 315 cents on gas prices

Everyone is talking about gas prices, but why, I don’t see anything out of the ordinary happening. Supply is down and demand is at record levels. Pull out your remedial economics thinking cap and figure out what that means, you’re … Continue reading

Posted in Political Stuff | Tagged , , , | 3 Comments