Economy

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    • Dear Taxpayer: This letter cost you $42 million

      Posted by Jeff from MSNBC

      "There are countless better uses for $42 million than a self-congratulatory mailer that gives the president a pat on the back for an idea that wasn't even his," Sen. Charles Schumer said Friday, arguing the IRS could more effectively spend the money to catch tax cheats.

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      New York Merchants Embrace Euro

      Posted by Jeff from Washington Post

      With the dollar near its lowest rate ever against the euro and the numbers of international tourists in New York at all-time highs, some store owners figure accepting the euro offers a convenience to customers and sometimes generates a stockpile of a strong currency for themselves.

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      Creative Weblogging - an error has occured

      Posted by SoxFirst

      Why is it that certain methods like pay for performance fail to catch on in all countries? Why is that cross-border mergers, like the DaimlerChrysler "marriage of equals" , fall in a screaming heap? The global economy is challenging claims of business schools that there is only one way to manage.

      Post a comment



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  1. thumbnail

    okami comments on:

    Jobless Rate Highest in 14 Years - NYTimes.com

    though my memory may be faulty, i do believe that the last time it was so high, the Clinton Admisitration worked with Congress to get it all fixed.

    . . .but the wheel turns around. . .deja vu all over again. . .

     

     

     

    Reply »

    2:48 am 11/08/08
  2. thumbnail

    okami comments on:

    It's No Joke: Fed Hires Failed Bank Executive

     hey. . .they gave the highest civilian medal to officials who failed us on 911. . . whaddaya expect, anyway?

     

    if we’re lucky, maybe he’ll be a ‘reverse’ indicator. . .whatever he says, they’ll do the opposite. . .

    Reply »

    8:13 pm 11/04/08
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    mudra12 comments on:

    Krugman - Moment of Truth

     Derivatives or Civilization, Take Your Pick

    ......Derivatives were the great financial innovation of the Greenspan era, in which casino-style bets on the price movements of currencies, bonds and stocks replaced the ownership of those items as a way to make money.

    Today, the collapse of the derivatives market is crushing the international financial system, as the speculators fight to save the fictitious "profits" through the largest bailout attempt in history. We stress attempt, because the bailout is not working, and can not work—there isn’t enough money in the world to cover all these funny-money bets, and the efforts by the central banks to print that money, is fuelling a hyperinflationary bomb which will wipe out not only the remnants of financial system, but also the governments, national economies and the means of existence for most of the world’s population.

     Derivatives or Civilization, Take Your Pick

    http://www.larouchepac.com/news/2008/10/09/derivatives-or-civilization-take-your-pick.html

     

    Reply »

    11:46 am 10/10/08
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    worldmarketer comments on:

    Small Business Riding Out Perfect Storm of Credit Crunch - Credit Market * US * News * Story - CNBC

    And in Europe we can see banks and creditinstitutes being affected of the US credit market crash.

    Reply »

    7:29 am 10/06/08
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    probusinessreviews comments on:

    McCain Aide’s Firm Was Paid by Freddie Mac - NYTimes.com

    the corruption is deep!  unbelievable.

    Reply »

    12:54 pm 9/24/08
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    Damianmann comments on:

    A world crash. So, what next? | Business | The Observer

    It’s very serious. Consider how many foreign banks are doing business here. Our money makes the world go round in a lot of ways. If our economy goes down…look out. Our importance in the global economy can’t be understated.

     

    BTW, I hear they (the foreign banks) want a bailout too…And they’re going to get one. So, basically, the poor people are going to be expected to bail out the rich..,.not just the American rich…the whole stinking lot from England to Switzerland….you name it.

    Reply »

    2:54 am 9/24/08
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    amitsinghcse comments on:

    A world crash. So, what next? | Business | The Observer

    I think it is the matter to look into seriously

    Reply »

    11:07 pm 9/23/08
  • Just Said
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  1. thumbnail

    Jeff

    Member since Dec 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle


  2. thumbnail

    Damianmann

    Member since Dec 2008

    Damian proudly worked to elect Barack Obama and turn Nevada blue.

    Las Vegas


  3. thumbnail

    Shemuses

    Member since Dec 2008

    Jodie lives, plays, and blogs in Vancouver, BC. Her day job at ONE/Northwest puts her talents to work supporting social change strategies for greening our world.

    Vancouver


  4. thumbnail

    marcuscrockett2

    Member since Dec 2008

    Founder and President of Appreciating Assets, LLC a wealth building media site that provides news, inspiration and education about wealth building strategies.

    No city


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    okami

    Member since Dec 2008

    former US Marine, retired police. . .nothing of interest. . .

    Commerce