From the category archives:

Economy

Is it a Gold Bubble When You can Cash in Gold at Sears and KMart?

If last week’s story on how you could now extract gold coins from an ATM in Dubai didn’t hint at a gold bubble, and tonight’s rant by Jim Cramer about 6 reasons to buy gold (now, that’s a timely call 2 years into the run!) how about when cash-for-gold stands start popping up in big-box […]

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3 Lessons I Learned from the Greek Riots and Market Panic

The World is a Very Small Place As the New York Times so eloquently envisioned in the Web of Debt infographic, as Greece goes, so does the rest of Europe due to the incestuous relationships of virtually every large bank.  And lest we don’t forget, much of Europe, and the rest of the world for […]

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Greece Looking To Sell Bonds to US Investors – Are You Kidding?

The Greek economy appears to be very much the welfare state to me.  I don’t see innovation and exports coming out of Greece, but I see a lot of public union strikes over their insistence that excessive pay, pensions and subsidies continue as if they live in a complete vacuum. Since Europeans have lost their […]

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What’s wrong With THIS Health Care Reform

With a major hurdle cleared this weekend in the Health Care Reform efforts, much attention has been focused on how it’s “historic” and how many people are now going to have healthcare and somehow topics of abortion and and other seemingly tangential issues became deciding factors in who would vote for it.  There has been […]

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Beware Default from These 6 Doomed States (Yes, US States)

Fortune ran an insightful article on 6 states that are in dire straights given their unsustainable debt load and dim prospects for recovery.  Based on several key metrics, it would be wise to avoid buying municipal bonds or muni bond ETFs that carry a high portion of debt from the states outlined below: California Arizona […]

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How Does Society Value Additional Time for Your Dying Loved One?

There is an excellent article in this week’s BusinessWeek written by the widow of a man who fought a long and courageous battle with cancer.  What differentiated this article from other similar accounts is that the article stepped through a very detailed financial account of just how costly it is to sustain a terminal patient […]

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Why Do We Demonize Outsourcing?

I read with interest a rather lengthy and angry comment chain on this recent post from Get Rich Slowly, one of my favorite blogs.  Essentially, a guest poster highlighted how she’s outsourced several things in her life that most of us do ourselves ranging from cooking to virtual assistants.  I can understand how most people […]

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The REAL Reason Why the US Should Wait Generations Before Drilling

“Drill-baby-Drill” was the mantra of Sarah Palin’s speeches when she had all that momentum leading up to the dreaded Katie Couric interview where it became evident she was quite clueless in virtually every aspect of foreign policy, governance, finances and energy.  Alaska being well-known for little else brought drilling back to the national spotlight and […]

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Does Switching Wall Street Compensation to Stock Really Decrease Risk-Taking?

With all the public ire over Wall Street compensation and the public inquiry occurring this week demanding the heads of the major Wall Street banks testify (oddly, they’re grilling the heads of firms that survived rather than the ones that failed), one key theme has been Wall Street compensation. Politicians are grilling executives over compensation […]

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