Archive for October, 2009

Should We Give the Fed More Power … Or Less?

Thursday, October 29th, 2009

? Washington’s Blog . Congress is suggesting that the Fed be given more powers, making it the chief risk regulator of the entire banking system. Specifically, as summarized by Huffington Post, a new bill introduced by Democrats in Congress “gives the Federal Reserve the power to determine which firms are actually ‘too big to fail’ and pose systemic risk to the financial system.” Given the Fed’s history  ( as discussed below) , that is like appointing the head of the Medellin

Overall, some great money management tips in this blog posting.

The Petro-Dollar Recycling Machine Has Been Turned Back On

Thursday, October 29th, 2009

(This guest post originally appeared on the a uthor’s blog ) Generally we think of the Federal Reserve as being very queasy, in an old school sort of way, about rising oil prices. But at a time of collapsed trade flows and the attendant reduction in Dollar reserve building, might the FED secretly welcome an advance in the price of oil? Readers of this site know that in a number of posts this year I’ve laid out the case that recession is bullish for sovereign debt, but collapse is not . In ad

Overall, some great money management tips in this blog posting.

Michael Mauboussin: Keep Buying Quality Stocks, Dump Treasuries

Thursday, October 29th, 2009

Michael Mauboussin thinks about where you should invest and how you should invest. As chief investment strategist at Legg Mason Capital Management, Mauboussin focuses on the economy, markets, and investor behavior. Mauboussin is also an adjunct professor at Columbia. His new book, Think Twice , examines why investors make mistakes if they leap to judgment and how they can correct that by carefully examining the possible alternatives and learning from their mistakes. I asked him about wher

Overall, some great money management tips in this blog posting.

As Medicare Has Gone, So Shall ObamaCare

Thursday, October 29th, 2009

Real Clear Politics : Government by Holiday Inn Express By Mona Charen You’ve seen those commercials in which an airline pilot, or surgeon, or nuclear engineer is giving expert advice only to acknowledge eventually to his nonplussed listeners that while he is not actually a fill-in-the-blank, he did stay at a Holiday Inn Express last night. Do you ever get the feeling that we are getting Holiday Inn Express government? Does anything they say make basic economic sense? President Obama a

Overall, some great money management tips in this blog posting.

Sales Jobs Mumbai | NetApp requires Channel Sales Development Manager in Mumbai

Thursday, October 29th, 2009

About NetApp :At NetApp, we bring together the world’s most creative and dedicated people to help you affordably store, manage, protect, and retain one of your most precious assets-your data. We’ve built a reputation for innovative problem solving by creating products and solutions that deliver efficiency savings and enable breakthrough business capabilities. In 1992, we made shared storage an affordable reality with the world’s first networked storage appliance. And throughout our history, we’v

Overall, some great money management tips in this blog posting.

Money Management Software For The Desktop: YNAB 3 Review

Tuesday, October 27th, 2009

A sneak peek at YNAB 3. There are a lot of great budgeting software products in the market, many of them free. But a lot of the free financial tools are browser based, and while there are certainly a lot of people who are mighty fine with having their information stored and transacted via the web, there are still those folks who are more comfortable with desktop tools, especially when it comes to managing their budget or net worth. If you prefer to do your money management transactions i

Overall, some great money management tips in this blog posting.

Posts about Obama Surrenders Afghanistan as of October 27, 2009

Tuesday, October 27th, 2009

Obama putting $3.4B toward a ’smart’ power grid (AP) – 2018th Top News Item – 11184.com 10/27/2009 Oct27 News Anchor AP – President Barack Obama made a pitch for renewable energy Tuesday, announcing $3.4 billion in government support for 100 projects aimed at modernizing the nation’s power grid.Read the Full StoryObama putting $3.4B toward a ’smart’ power grid (AP) Share and Enjoy:Related News PostsSeptember 10, 2009 — Obama hopes his pitch will sway health care debate (A

Overall, some great money management tips in this blog posting.

Ukraine’s Problems Show No Sign Of Abating

Tuesday, October 27th, 2009

Despite the fact the Ukraine administration is resplendent with confidence that the International Monetary Fund is going to release the next $3.4 billion payment under the country’s $16.4 billion lending program with the Fund, things are not so clear. In fact the International Monetary Fund only this week warned Ukraine (25 October) that they might freeze assistance ahead of the forthcoming presidential election if proposals to make populist wage and pension increases move forward. In a sta

Overall, some great money management tips in this blog posting.

New Phoenix City Manager David Cavazos: A tribute to integrity, diversity and transparency

Tuesday, October 27th, 2009

Last week the daily reported that the eight-member Phoenix City Council and Mayor Phil Gordon , would be conducting closed-door, executive session, interviews to find a replacement for retiring City Manager Frank Fairbanks. And although lip service is paid to the issue of “transparency,” there was none evident in this exclusive selection process. In light of past disciplinary actions , council members also stressed the importance of ethics. “We’ve had some lively debates and I

Overall, some great money management tips in this blog posting.

South Africa Politics and News Monitor – Harmony says 4 workers trapped in South Africa mine (Reuters via Yahoo! News)

Tuesday, October 27th, 2009

Harmony says 4 workers trapped in South Africa mine (Reuters via Yahoo! News) South Africa’s Harmony Gold Mining Co. said on Monday four workers were trapped underground at its Target mine in the country’s Free State province after ground fell on them in a section of the mine. South Africa Match Against Japan Moved To Rand Stadium (Goal.com) The match will still be played on Saturday, November 14 with kick off in the afternoon. The reason for the shift is that Orlando Stadium has a series of Abs

Overall, some great money management tips in this blog posting.