Kitco - Commentaries Kitco.com
Surprisingly, Total Fed Credit, which is the magical fairy dust of economics, went down last week, if only by a measly $1.6 billion. But the Federal Reserve helped make up for it by buying outright another $1.3 billion in US government securities.
C.C. Blakemore, 97; president of First National Bank San Diego Union-Tribune
C.C. “Nibs” Blakemore's search for a job during the Depression wasn't so much hit-and-miss as hunt-and-peck. Turning down an offer to dig ditches, he applied for a clerk typist position in the trust department of a Santa Ana bank.
Robert Reich: The Economics of People Baseline
With globalization, disruptive technology and aging demographics bearing down on the U.S. economy, Robert Reich says we need a new way to think about people.
Bombs Bursting in Mid-Air, GoldSeek.com
In the first salvo of the unfolding assault on the housing market, two sub prime mortgage related bombs have exploded. In the last 5 years nothing has astounded me more than the reckless lending by the mortgage industry.
Michigan Economy To Continue To Be Slow In 2007 ClickOnDetroit
With tens of thousands of auto sector jobs set to disappear in 2007, economists predict Michigan's economy will face at least one more tough year before it begins to turn around.
Michigan economy to continue to be slow in 2007 WOOD TV 8 Grand Rapids
LANSING, Mich. -- With tens of thousands of auto sector jobs set to disappear in 2007, economists predict Michigan's economy will face at least one more tough year before it begins to
Real estate expected to flounder in 2007 Financial Express
Donald Anthony has slashed the price on his four-bedroom, two-bathroom house by almost $80,000 -- and added $40,000 worth of improvements, including a new kitchen and landscaping in the leafy yard.
Traditional media downturn is structural Media Week Online
As online is set to continue its strong growth, Caitlin Fitzsimmons looks at next year's predictions.
Why retailers are already offering holiday discounts Market Watch
HEMPSTEAD, N.Y. (MarketWatch) -- The nation's retailers are busy running their post-Christmas sales well before the Holiday. Good business or bad case of nerves?
RON DZWONKOWSKI: Pay yourself first Detroit Free Press
My Dad has never been much of one for giving advice, but one piece he offered many years ago stuck: Pay yourself first. You may have heard that, too, from someone like my Dad who grew up during the Depression. But people don't do it anymore.
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