Jan
14
Obama calls for bailout tax
January 14, 2010 | Leave a Comment
President Obama has now called on Congress to tax the largest banks to make sure that U.S. taxpayers don't lose a single penny from the federal bailout of the financial, auto and insurance industries over the past year. The "financial crisis responsibility fee" would target major institutions. Those who were the main contributors to the [...]
May
22
What The New Credit Card Law Means For You
May 22, 2009 | Leave a Comment
Now that President Obama has signed a federal law to protect consumers who use credit cards, you are going to want to know what this means for you. Well, MSN has a great article that will tell you. It's a good article that shows you the good, the bad and the ugly of the situation. [...]
May
7
Obama Vows To Cut Government Waste
May 7, 2009 | Leave a Comment
Looks like I was right on target with my article about cutting waste in the goverment. On Thursday President Obama vowed to cut "stunning" waste in the US government budget, as he laid out details of his sweeping budget for 2010.
"There is a lot of money being spent inefficiently, ineffectively, and — in some cases [...]
Jan
31
Obama Gives Keynes His First Real-World Test
January 31, 2009 | Leave a Comment
NPR has an article about Keynes and spending our way out of a depression.
One point about Keynes theory that if I remember correctly goes something like spend in bad times cut back in good times. Keynes is overused much like prescription antibiotics.
Prescribing Keynesianism to some politicians is like prescribing crack to a coke addict. [...]