Poof, now you see it, now you don’t . The reason casinos use chips is to make the gamblers feel like it’s not real money they are losing. TARP is like chips. It’s not real money. It’s so much like chips, Paulson and the banks refuse to tell congress how they are spending the $300 billion Read the full article…
I have a suggestion for President elect Obama. If you want to show you are sincere about real change and cut taxes while increasing the money netted to the government, here’s a plan. Simplify the tax code. Last year the U.S. taxpayers spent $193 billion just trying to figure out what we owed. I apologize Read the full article…
Here’s what I retained from Economics 101. Black Mike O’Conner, my professor, would be proud. We, Americans, have stopped spending and started saving. Guess that should be a good thing, since banks would have more money to lend. But, the private sector has stopped investing. Demand is down and the economy is bad, so business is Read the full article…
