With the start of Haute Couture Week in Paris, luxury is on the ropes. Christian Lacroix is going under. Meanwhile, Prada and Armani are offering their brands to cell phone and car makers.
Money is the means to everything from food to sex, so it's no surprise what people are willing to do to obtain it, from criminal activities to simply ignoring the rising tide.
We cannot thrive or even survive in an economy that only moves money around instead of producing tangible goods and services.
The Bush-Obama strategy of throwing trillions at the banks is a huge bust. Why was I so naive as to have expected this Democratic president to not do the bidding of the banks?
Say you stop wasting your entire unemployment check on the hedonistic pleasure of protecting your precious credit rating. Instead, you're going to try eating, and maybe splurge on health insurance.
The New York Times did the country (and itself) a disservice Sunday when it printed all 5,000 words of Devin Leonard's piece on William Gross.
Reality star Jon Gosselin, who has been looking for a New York apartment in recent days, has given the following marching orders to his realtor: find a condo board that is friendly to douchebags.
The Obama plan for financial regulatory reform ignores the source of the problems and instead picks the wrong solutions, mostly in the form of enhanced regulatory oversight.
The General Motors flameout -- the fourth largest bankruptcy in the history of the country -- has been a disaster for blue collar Americans working on assembly lines.
If Schwarzenegger has his way, the price will be paid by health care coverage, welfare, schools and workers.
Unless urgent action is taken a sensible, environmentally responsible, and economically meaningful piece of legislation will be sunk by a procedural rule.
Even before the home bubble burst, homes cost too much for more than four out of ten Americans. About 7.5 million people were spending more than half of their income on housing costs.
Obama and the House Democrats can't seem to muscle the votes they need to pass a $108 billion appropriation for the IMF. The stakes are high for both the administration, and the world.
This is a brilliant two pronged response to the Republican attack machine, showing that the bailout is not thrown away money, on the contrary, that it is bringing a profit to the government.
You probably don't know much about Sheila Bair, but she is looking out for you, and that is why the big guys on Wall Street and their allies in the Obama administration are out to get her.
If the banks are free from TARP but officially too big to fail, what is to keep them from taking larger and larger gambles with other people's money?
The Obama administration wants $108 billion for the IMF. Why? Most of the Central and Eastern European economies are in free fall right now, and they're counting on the IMF to save their banks.
The official story is that the $108 billion for the International Monetary Fund that the House leadership wants to attach to the war supplemental on T...
When is the U.S. is getting in return a banking system that is sufficiently accommodating to the folks that kept it alive ... the good, old American taxpayer?
Note from Don McNay This enclosed piece was sent to me by Mike Behler, my college roommate and close friend since childhood. Mike has frequently sen...
Watch the new ad, and its predecessors → After finally going into banckruptcy yesterday, General Motors will launch a new national ad campaign on...
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Should have been one of the first things they did. And, when they do it, from a political standpoint, they should do a major red carpet roll out and both visit some small businesses in key states and host a few actual small business people at the White House. Push it to every news outlet hard. Obama team may not realize that perceptual "ownership" of the economy is on them with a small but solid majority of the public.
Permanently cut taxes and decrease regulation.
That's already been tried, and all it got America was a Second Great Depression.
No thanks.
Since Small Business creates the most jobs, DO ITand put tax on companies that move jobs overseas. Every outsourced job is a job loss PLUS the taxes from that job. I work for a company that moves critical path jobs overseas (order processing is one example) and the loss of revenue from screwed up orders is staggering.
Don't say it, do it. I can't even explain what $50,000 would do for my startup, 100k would give me a heart attack.
We're aiming to be a manufacturing company based around our high-end, soft and hard goods for the cycling industry, and we want to diversify into other markets that have room for smaller manufacturers specializing in custom work. We do everything ourselves, in-house, and want to create a stable and sustainable business for ourselves and in the future our employees.
There's a million other small business's doing the right thing, i think that's just as important as the banks or the auto industry. It's obvious they need protection despite their actions, but there's countless small businesses that could make things happen with so much less.
You bet. We know that those with the best lobbyist win.
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