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Money & The Economy

News on Finance, Money, markets and the economy

Movie Review: “The Joneses”

My husband and I sat down for a lazy Sunday afternoon movie over pizza (for him) and sushi (for me). The kids were upstairs playing and it was wonderful to have some much needed snuggling time in front of the TV with him. We decided to watch a Netflix movie. My husband chose the movie while I brought our lunch into ...

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Food and Energy Inflation Is Not Transitory

FORT LEE, N.J., April 28, 2011 /PRNewswire/ — Federal Reserve Chairman Ben Bernanke on Wednesday held his first press conference in history. The press conference took place shortly after the Fed announced its decision to leave the Fed Funds Rate at a record low of 0% to 0.25%, where it has been for an unprecedented 28 months. The U.S. economy is flooded with U.S. dollars ...

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Allen West Townhall Interrupted- See the Left’s Plans for this Summer in Action

Recently, Unions and assorted leftist groups have been spreading word on how they plan to “protest” town-hall meetings and anything Republican or Conservative in nature. These people do not want to ask questions and then give someone a chance to answer as we see in the following video. These astroturf puppets have been given a set of things to scream ...

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When China Turns Away

It may already be happening. Recently released US Treasury data shows China has been actively reducing its holdings of Treasury debt. China has cut its holdings by $100 billion over the past year to just $844 billion. China has been seeking new ways to recycle its trade surplus and hold back any rise in the yuan. “Diversification should be the ...

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High Gas Prices Driving America into the Ditch

          While many economists predicted four-dollar-a-gallon gasoline by this summer, anyone filling up their tank this past week has already experienced the pain of four dollar gas pretty much across the nation. Now we dreadfully await the five-dollar-a-gallon-gasoline that many predict is on the way this summer. I watched on TV as a lady in Baltimore was shown pumping $100 worth ...

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S&P Deems America a Credit Risk, Hoyer Pushes Pelosi to the Side

  From Standard and Poor’s official website: Because the U.S. has, relative to its ‘AAA’ peers, what we consider to be very large budget deficits and rising government indebtedness and the path to addressing these is not clear to us, we have revised our outlook on the long-term rating to negative from stable. (emphasis mine)      Of note there, is ...

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The Trump-Bashing Bandwagon

The list of people bashing, trashing and attacking Donald trump today is about the only thing  growing faster than our national debt. Many seemingly respectful writers, bloggers, newsies, politicians and self-titled intellectuals are all of a sudden turning into blathering, whining, sniveling , backbiting potshot artists all lining up to denounce Donald Trump today. This childish rhetoric seems to go way beyond ...

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A Common Sense Approach To The National Debt

It is with great pleasure that I dedicate this article to my Dad. I ask you to indulge me for just a moment as I give you some “behind-the-scene” information before I address the title issue of this article, the National Debt. For many years, my Dad and I had a strained relationship. Over the years we have determined that ...

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Why Do Democrats Want an Internet Shopping Tax

Call it the eBay or Amazon tax – or perhaps the Barnes and Nobles, Apple Store or New York Times Online tax – call it whatever you like, but it is a tax. A tax proposed by Illinois’ own Senator Duck Durbin (D) that will be levied on all online purchases. The Main Street Fairness Act, as Sen. Durbin’s bill ...

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Debt Ceiling Vote: Look at the Hypocrites Come out.

    The endless budget debate in Washington D. C. will ratchet up again next week as Democrats will push to raise the debt ceiling again, while Republicans will demand serious budget cuts in a trade-off for their support for raising the debt ceiling.  Make no mistake  either way, the people paying for all this will eventually see the debt ceiling ...

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Federal Shut Down…before you open that beer…

Many of us are cheering for a government shut down. Who wouldn’t be willing to make the ‘if it isn’t essential, why do we even have it?’statement? Unfortunately, a little rain must fall on every parade. Or something like that. The President has deftly allowed the Republican House Representatives to paint themselves into a corner–truly well played. The Republicans can ...

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Government Shutdown Rhetoric Contains Major Fearmongering

Friday night at midnight, the U.S. Government will be effectively shutdown, babies will starve to death and Senior citizens will be lined up and shot to death in the public square by firing squads made up of Republican politicians.  While this may seem like a far-fetched scenario,  this is the main theme from Democrats that refuse to even attempt to come to a ...

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Point Your Finger at Me All You Want, Harry Reid!

It is not very often that I can actually say I agree with Harry Reid. In fact, right off the top of my head, I cannot recall ever saying the words, “Harry Reid is right!” I guess it is true- there is always a first time for everything! Harry Reid is “disappointed” that the Tea Party Republicans are preventing a ...

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Darning The National Fabric

Our country is stumbling blindly down an unsustainable path. While much is being made about the National Debt and how it is damaging our grand children’s futures, there is a much larger problem. Personal debt is destroying our national fabric as we speak. It is easy to understand the dangers of $14 trillion dollars worth of debt—but is it not ...

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Thanks to the Recession, Teens Learn to Manage Money

COLORADO SPRINGS, Colo., April 5, 2011 /PRNewswire/ — A new study from Junior Achievement andThe Allstate Foundation shows that 81 percent of teens say the recession has motivated them to learn more about managing their money and parents are their number-one resource for financial planning, yet less than half of teens say they have discussed money management with their family. “Much like the ...

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