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Taxpayers lose out on bank bailout
in Sox First, on November 13, 2009
...ain why the White House is now considering using the rest of the TARP money to help reduce the US deficit. That's a far more sensible solution to bailing out the greedy and incompetent, and not lett...
Buffett bets big on US recovery
in Sox First, on November 4, 2009
...et against the U.S. dollar and in favor of higher energy costs. Railroads are a play on the trade deficit because this is how we haul all those containers of stuff imported from Asia. In recent years,...
Dollar to tumble even more
in Sox First, on October 22, 2009
... the US economy. The Economist writes: "A country heavily in debt to foreigners, with a government deficit it is making little headway at controlling, is creating vast amounts of additional currency....
California - America's first failed state?
in Sox First, on October 4, 2009
...as soared to more than 12%, the highest figure in 70 years. Desperate to pay off a crippling budget deficit, California is slashing spending in education and healthcare, laying off vast numbers of wor...
US dollar to lose status
in Sox First, on September 28, 2009
...f recovery in the US market is because the US Government is borrowing massively, creating a massive deficit, to pump money into the economy. In the long term, that's unsustainable which will keep ...
Who Owns China's Export Sector?
in China Venture News, on September 14, 2009
...tly at US ownership in China 's export sector and concluded that blaming China for the trade deficit or for the value of the US dollar against the yuan is, well, circular. In 2007 about 25% of ...
A W-shaped recovery
in Sox First, on August 12, 2009
...city in real estate and production, and premature efforts to remove liquidity and reduce the budget deficit to cause the nascent upswing to stall." Which means there will be lots of fake recover...
Birth rate falls in recession
in Sox First, on August 7, 2009
...now that the birth rate crashed by something 10% back then. That was only resolved by the massive deficit-financed public works program, otherwise known as World War Two. Let's see what it woul...
Can dope save California?
in Sox First, on July 8, 2009
...ed. "Put it all together, and California could potentially wipe some $3 billion off its budget deficit by letting its people puff and pay. That still leaves it with a gaping $39 billion hole to f...
Will California drag down the United States?
in Sox First, on July 2, 2009
...
California has entered the new financial year in crisis with a budget deficit of $26.3 billion, up from $24.3 billion, because of the ineptitude of the legislature in missing a deadline and politi...
Blame the recession on Reagan: Paul Krugman
in Sox First, on June 1, 2009
...bt the debate will continue with people pointing out to Krugman that Reagan did not create a budget deficit as big as the one Obama has established. And Reagan commentator Lou Cannon points out that...
Krugman, Soros and Roubini: how to fix the crisis
in Sox First, on May 26, 2009
...says he is concerned about the long run solvency of the US Government, racking up massive a massive deficit to save the economy. It is a finely balanced thing, he says. "We are currently in debt ...
Britain to lose AAA rating, US is next
in Sox First, on May 24, 2009
...ent Management Co. has told Bloomberg that the US is likely to suffer the same fate as its budget deficit keeps growing. Gross said: ""Both the U.K. and the U.S. have prospective deficits ...
US and China: the drug dealer-addict relationship
in Sox First, on May 20, 2009
...ory series, Attached At The Wallet points out, the big worry for the Chinese is that a soaring US deficit will lead to higher inflation, which means the value of their bonds falls which means they w...
Millionaires and fake prosperity
in Sox First, on March 12, 2009
...n't know who owns what, American households are out several trillion dollars, the US Government deficit is now running at more than 11% of GDP (compared with 6% under Roosevelt) and America is now...
Things I Should Have Blogged About...
in Bizinformer, on March 10, 2009
... when people stop buying computers...
On February 24th, Cutting Mature Workers Widens the Wisdom Deficit . Regardless of your financial position, now is not the time to get rid of your most exper...
The vagueness of Obama
in Sox First, on February 27, 2009
...e nationalized. The other question is how is he going to spend all that money and reduce the budget deficit. Sounds impossible. Newsweek has even pulled out the fact checkers to show that Obama got...
The Return of Depression Economics and Crisis of 2008 by Paul Krugman
in Sox First, on February 15, 2009
...1907 and of course the Great Depression which, as he says, "was brought to an end by a massive deficit-financed public works program known as World War II." Economists had a deal with the p...
IMF risks running out of cash
in Sox First, on February 10, 2009
...
As if it's not enough that governments in the developed world are headed deep into deficit - the US budget deficit for instance could very well top $2 trillion - to fight the global financial ...
Stimulus Hype: Will the Stimulus Work? (Part I)
in Bizinformer, on February 7, 2009
...ax cuts or rebates will stimulate the economy in the near future. Right now, they just increase the deficit. And Schram's "unprecedented flurry of economic activity" would not material...
Startling predictions for 2009
in Sox First, on February 8, 2009
...rding to the forecast of doom, the US government will have to give up saving companies, the Federal deficit will balloon to at least $2 trillion, the Dow will plummet to 5500 and the real estate colla...
The Dystopians - Review
in The Hedge Funds Weblog, on January 21, 2009
...collapse soup" - a severe shortfall in the production of crude oil, a worsening foreign-trade deficit, an oversized military budget, and crippling foreign debt.
Excerpts and Commentary on Ben M...
Barack Obama Says America Will Have To Endure Years Of Trillion Dollar Deficits
in Exclusive from our news room , on January 7, 2009
... admitted that there will be an enormous price tag for the economic recovery.
Trillion plus dollar deficits should be expected for a number of years to come; but the bright side to it is that the pla...
New York And Other States May Sell Off Assets To Pay Debts
in Exclusive from our news room , on December 28, 2008
... would request economic relief from the Federal Government to eliminate the State's huge budget deficit.
California isn't the only State facing an economic crisis though; New York, Minnesot...
Obama: it will take years to recover
in Sox First, on December 20, 2008
...rices off around 40%. The financial sector is being progressively nationalised. The current account deficit remains around 5% of GDP and should stay wide as the deficit blows out. The budget deficit i...
Bernanke the banker
in Sox First, on December 17, 2008
...lth continues with US prices forecast to fall further until end-2010 or mid-2011, the US federal deficit could top $1 trillion if the US government used the same accounting methods as private comp...
California a bigger bankruptcy risk than Slovakia
in Sox First, on November 27, 2008
...ere to happen, the US Government would have to step in and bail it out. And send the US Government deficit into the stratosphere....
Obama or McCain? Which will be better for markets
in Sox First, on November 4, 2008
...onomic stimulus package will may have be enormous, starting at about double the 2007 federal budget deficit of $161.5 billion. Watch this space....
PokerNews Cup Hits Melbourne
in Internet Poker, on October 14, 2008
...en his heads-up opponent Michael Bancroft shoved with T5o while trying to come back from a 5:1 chip deficit.
As always PokerNews.com has some of the best live tournament reporting in the world, and t...
Forecasts of the economic disaster
in Sox First, on October 13, 2008
...nsumer spending, as people extract equity from their homes. On the other side, we have a huge trade deficit, which we cover by selling bonds to foreigners. As I like to say, these days Americans make ...
College Football Top 25
in End Zone Buzz, on October 6, 2008
...
15. Boise State
16. Ohio State
17. Kansas: Nearly lost at Iowa State, but coming back from 20-0 deficit is impressive.
18. Virginia Tech
19. South Florida
20. Wisconsin
21. Northwestern: Their ...
Bad mortgage bailout pain
in Sox First, on September 21, 2008
...ut it. It will send the US into more debt, raising it to $11.3 trillion. It will boost the US trade deficit and that's bad for the market. And it creates problems for the next President of the Uni...
The Fannie and Freddie band-aid
in Sox First, on September 8, 2008
...em, and that's in no-one's interests. Then there is the risk of a blowout in the US budget deficit. This is a deficit that's already moving at 4% to 5% of GDP, and this bailout is likely ...
Luton Town appeal fails. Where is the common sense?
in The Soccer Weblog, on July 15, 2008
...ave their ten point penalty removed has failed. This means that the club still faces a thirty point deficit before a ball is kicked in anger in the forthcoming season.
Luton have been relegated two s...
How to Think Like Warren Buffett, Part 31
in The Personal Finance Weblog, on July 1, 2008
... 1886 respectively. Start-ups are not our game.
For years Buffett has bemoaned the huge U.S. trade deficits. Here's his tae on the subject in the 2007 letter:
The U.S. dollar weakened further in...
US recession reality check
in Sox First, on June 8, 2008
Friday's bleak US payroll data showing another drop in jobs and rising unemployment, combined with this long-term chart of US gross firing and hiring , is not just another sign of the unfolding US recession. It's also a warning for the global economy. Indeed, the Chicago Fed's N...
Changes To California's State Lottery Proposed
in The Gambling Weblog, on May 26, 2008
...
California, like most States, has a huge deficit, something in the neighborhood of 17 billion bucks, in fact.
Governor Arnold Schwarzenegger wants to terminate that debt and has come up with a pl...
"Good" economic news: glass empty or half-full?
in Sox First, on May 12, 2008
... rate cause for celebration? And what of the improving productivity figures and shrinking trade deficit? Don't pop the champagne corks, warns Associated Press economics correspondent Jeannine...
Hard times: why history is no guide
in Sox First, on April 25, 2008
...s excessive consumer leverage resulted in global economic imbalances such as the US current account deficit, the China bubble and so on ... For a decade or more, people were conditioned to spend what ...
Yuan Under Seven: A Milestone?
in China Venture News, on April 15, 2008
You could have easily missed it. If it weren't for the credit crunch and Bear Stearns going under and all the US election hooplah in the news and the screech of the wheels on the US economy grinding to a halt, you probably would have heard more about it. The Chinese yuan renminbi hit a milestone...
Sense of Smell and Parkinson's Disease
in Straightfromthedoc, on March 23, 2008
...e development of PD in men by at least four years.
The results showed that an odor identification deficit can predate the development of PD by at least four years, although it was not a strong predi...
Book Review: The Biography of a Dollar by Craig Karmin
in The Personal Finance Weblog, on March 18, 2008
...s you a better understanding of how currencies gain and lose value, how the U.S. runs a huge budget deficit without crumbling, and why the dollar's best days are behind it. All this while being ve...
Everton and Tottenham fall to penalty curse
in The Soccer Weblog, on March 13, 2008
...It's as simple as that. Both teams dominated their games last night and managed to overturn the deficit from the first leg. They both played well, and could have won the games in normal time. Poor...
Brilliant Arsenal, not so brilliant Manchester United and brave Celtic
in The Soccer Weblog, on March 5, 2008
...t it as soon as possible and move on.
Celtic had an almost impossible task to recover from a 2-3 deficit against Barcelona at the Camp Nou. It was made totally impossible when Xavi put the home sid...
Big night for British clubs in Europe
in The Soccer Weblog, on March 4, 2008
...ond leg ties.
Celtic have the daunting task of a visit to the Camp Nou in Barcelona with a 3-2 deficit, Arsenal take a 0-0 to the San Siro against Milan and Manchester United are in the best posi...
Why Outsourcing from China Will Cost You More This Year...
in China Venture News, on February 6, 2008
...ported from China. It's part of a policy to reduce exports, with the goal of reducing the trade deficit.
...
China Trade 101: China's Biggest Export
in China Venture News, on January 11, 2008
You think it's toys? Or maybe food products, like soup and seafood? Bad rip offs of collectible porcelain and art glass? None of those things are China's biggest export to the U.S.
China's biggest export is probably money .
It's simple. China sells things to America. Ame...
Concerns over Microsoft's datacenters
in The CIO Weblog, on January 8, 2008
...orders of magnitude less massive than outsourced web services must be.
Can Microsoft overcome this deficit in experience to match their Live services and upcoming Exchange hosting to the scale and re...
End of the boomers? Bring on the leeches
in Sox First, on December 19, 2007
...olding revenues constant, required Medicare, Medicaid, and Social Security spending and the related deficit financing costs will far exceed the Government's ability to pay," says the report. ...
Duncan Hunter: The Anti-China Candidate
in China Venture News, on November 29, 2007
...unter's triads. "China is cheating on trade, and they're using that $200 billion trade deficit over the United States to buy ships, planes and missiles," The quoted Hunter as saying....
Chinese Premier Snubs Euro Plea
in China Venture News, on November 28, 2007
...the yuan. Quick changes in the value of the yuan seem unlikely. In the meantime, the European trade deficit with China is now bigger that the U.S. trade deficit with China - and growing more quickly. ...
Prayers For Britney Spears
in The Celebrities Weblog, on November 26, 2007
... latest excuse for her erratic behavior is a claim that she suffers from "ADD", Attention Deficit Disorder.
None of this bodes well for her attempts to win back her kids, but help is on the...
Lose 10 Pounds Weight Without Trying
in Well Woman Blog, on November 15, 2007
... slice per day for five weeks and you'll save 2800 calories (35 slices total). Since it takes a deficit of 3500 calories to lose one pound, 2800/3500 = 0.8 (about 3/4 pound lost!). ...
Strong Dollar Good, Weak Dollar Bad?
in The Personal Finance Weblog, on November 6, 2007
...ived strength and stability versus that of other countries, and whether our government is running a deficit or surplus.
* There is no governing body that mandates what the exchange rate between curre...
Charles Prince resigns - the domino theory of market meltdowns
in Sox First, on November 5, 2007
... $8.4 billion third-quarter writedown that left it with a $2.2 billion loss - the biggest quarterly deficit in its 93-year history. Now, Citigroup's Charles Prince has fallen on his sword with the...
Hong Kong Stock Exchange Opens to the Mainland
in China Venture News, on August 28, 2007
...se invest in foreign companies listed in Hong Kong, the new policy could also help shrink the trade deficit.
The day after the opening of the HKEX to Mainland investors, the Hang Seng index in Hong K...
The Pope and taxes
in Sox First, on August 27, 2007
... quoting Italian Prime Minister Romano Prodi saying that tax evasion has led to the enormous budget deficit. "Why, when I go to Mass, is this issue almost never touched upon in homilies? If memor...
Senate Banking Committee Approves Bill Aimed at Yuan
in China Venture News, on August 1, 2007
...that revaluing the Yuan would make Chinese goods more expensive in the U.S., help correct the trade deficit between the two countries, and possibly create new jobs in America.
President Bush has said...
Pediatric ADHD Drug Ritalin May Cause Long-Term Changes in Brain Development
in Straightfromthedoc, on July 24, 2007
...d cocaine - remains one of the most prescribed drugs for the behavioral disorder ADHD or attention deficit/hyperactivity disorder .
A new study in an animal model by a research team at Weill Corne...
Supporters are Supposed To Help Their Team Aren't They?
in The Soccer Weblog, on July 14, 2007
...;s FK Vetra, the Polish decided hooliganism was the answer. Because nothing turns around a two goal deficit like some good old fashioned hooliganism, right?
Wrong. UEFA awarded the game 3-0 to Vetr...
Catching Up on Sleep
in Well Woman Blog, on July 8, 2007
...ed over consecutive days they no longer attempt to catch up on sleep, despite an accumulating sleep deficit. Their study is the first to show that repeated partial sleep loss negatively affects an ani...
If Facebook Wants to Beat MySpace..
in The Social Networking Weblog, on July 5, 2007
... I see one major deficit that Facebook needs to overcome if they want to beat out MySpace by next year. They need to find a better way to let people modify their profiles.
People love to play with ...
Stress and Pregnancy
in Well Woman Blog, on June 5, 2007
...f highly stressed and anxious pregnant women were at double the risk of hyperactivity and attention deficit hyperactivity disorder (ADHD) at the age of four.
John Hemming's Web Log states:
&...
Renaissance in Business and Transparency
in Biz Plan Hacks, on May 28, 2007
...Renaissance of Business" and instead of secrecy, protecting their proprietary assets, and deficit thinking - we are moving toward a period where businesses are practicing transparentness.
...
Coming Soon: Protectionism?
in China Venture News, on May 28, 2007
... lost to China doesn't make you see the problem, politicians begin talking about the huge trade deficit we have with them. We buy more from China than we sell to it, in monetary terms.
John Sto...
Politician Says: No More Taxes Already!
in Small Business Unplugged, on May 26, 2007
...ton and Mayo Mandel has said that taxes are crushing Alberta's taxpayers.
"We have a huge deficit to fill. We have people constantly wanting and needing things. Right now we're crushing ...
Tame The Business Complexity Monster
in Biz Plan Hacks, on May 17, 2007
...s. Find one person who has a similar business experience, another that has SUPERIOR skills in a deficit area of your business and lastly, someone who can just be supportive and knows nothing about...
Hot Alberta Economy: What does it mean for your business?
in Small Business Unplugged, on May 17, 2007
...ortage, Higher Salary Costs
About six months ago the Alberta Government stated that Alberta had a deficit of 200,000 jobs. I haven't heard if the situation has improved but this quote from Lyle ...
ADHD Children Who Start on Strattera® More Likely to Change Therapies, Study Says
in Straightfromthedoc, on April 19, 2007
... The use of Strattera® (atomoxetine HCl) in the treatment of attention deficit hyperactivity disorder (ADHD) in children is 4.2 times more likely to lead into changing the therapy compared to wh...





