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Money

This category contains 7 posts

Health Care

You have been laid off from your job.
You are single.
You have moved from your one bedroom apartment in with 4 other roommates and reduced your rent to $300/mo.
Your car payment is $140/mo and cost you some in maintenance to keep it running.
Unlike most Americans you don’t have any credit card debt.
Your car insurance is $1600/yr [...]

Why the US will never be able to compete with Asia

When politicians talk about free trade this is what they are really talking about.
Even with their long work ours, if the Chinese paid the equivalent of Oregon minimum wage of $8.40/hr,  the US might have a chance to compete, but that will never happen.
So when they politians say “Free Trade” think: China Blue.

Jon Stewart “pwned” CNBC

Jon Stewart goes back in time and totally trashes CNBC market forecasts and analysts.

The Daily Show With Jon StewartM – Th 11p / 10c
CNBC Gives Financial Advice

Daily Show Full Episodes
Important Things With Demetri Martin
Political Humor
Joke of the Day

This guy is some sort of modern prophet: An Interview with Jim Rogers 8/11/08

Jim Rogers, in an interview last august called the current economic situation.
“…That’s a bear market. If you have that kind of suffering and pain, that’s when the system will be cleaned out and that’s when you can have a new bull market in stocks. So I’m shorting the financials. I’m shorting us. I’m shorting you [...]

My economic stimulus package

1. Nationalize universal health care. At up to $500+ a month many employees or employers are paying for each worker, that would have an immediate effect of infusing cash into the economy. Why should health care insurance be a factor when deciding to retire or whether to by food or pay your rent?
2. Legalize [...]

Waiting

I found an internet hot spot while waiting for the dentist’s diagnosis on Joanne’s tooth. I guess if its split through the middle it will need to come out but if it’s split off to the side a crown can be used. Not a lot of fun for vacation time. Work seems to have settled [...]

What You Need to Know About Gold – WSJ.com

Gold shined in 2008. Could 2009 be as bright?
Of all the major assets — stocks, corporate bonds, cash and others — gold was one of last year’s few standouts. While so many investments collapsed amid the turmoil, the price of an ounce of gold posted a gain of about 4.3%.
via What You Need to Know [...]