Archive for the ‘Investing’ Category
Obama proposes new bank tax
After agreements were made in Congress for the new financial reform bill, Obama is now proposing a new bank tax. This will affect finanical companies with more than $50 billion and hedge funds with more than $10 billion. In his weekly address Obama said that this was to make sure than taxpayers...
June 26th, 2010 | Investing, Obama | Read More
New Financial Overhaul Bill is going through Congress
The new financial reform bill is the second time barack has pulled this trick. He makes a bill 2,000 pages long, no one reads it, no one knows whats in it, and demands a vote. Once independent Americans take a look and see whats in the bill they are horrified and flood Congress with calls not to vote...
June 25th, 2010 | Congress, Investing | Read More
Abolishing the Fed
There are a lot of people that talk about abolishing the Federal Reserve System, especially on the right. It appears to be a fanciful idea, mainly because the Fed is a very well established part of our economy. It is also one of the more misunderstood parts of our government because of its shadowy...
June 24th, 2010 | Economy, Federal Reserve, Investing | Read More
What is going on in the stock market?
The stock market has been on a recent uptick. It has been going on since June 7th. The market had a terrbile May, losing all of the ground it gained over the year. Then in the first week of June it went into negative territory. It hit bottom June 7th and hasn’t stopped rising since. These would...
June 21st, 2010 | Investing | Read More
Who will bail us out?
It is a simple question. We have a debt that is just over $13 Trillion. Our annual GDP is also roughly $13 Trillion. Our interest payments make up just over 20% of the annual budget. There are countries that have far worse numbers than these, but here’s the scary part: Our interest rates right...
June 13th, 2010 | Investing | Read More
When it comes to trading stocks, hedge funds have the edge
When it comes to investing, we the retail investor (mom and pop) are at a huge disadvantage. Stock brokers, or financial advisors, claim to know what the market is doing and that they have some competitive edge over the rest because they “follow” the markets. Following is all they’re...
June 6th, 2010 | Investing | Read More
