Dollar

Don't Turn the Recession into a Depression

Alan Schram | Posted 05.09.2009 | Business

Read More: Dollar, Interest Rates, Taxes, Housing Bubble, Business News, Federal Reserve, Obama, Tariffs, Financial Crisis, Great Depression, Business News
Alan Schram

Many compare the current economic crisis to the Great Depression of the 1930's. While their origins were similar, the denouement should not be.

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Counting the Cost of Good and Bad Debt

Jim Wallis | Posted 04.26.2009 | Politics

Read More: President, President Obama, Pay, War, Wage, Media, Employment, Government Spending, Debt, Peace, Conservative, Environment, Government, Infrastructure, Dollar, Tax Cut, Loans, Tax Cuts, Homeless, Health Care, Cost of War, Greed, Irs, Money, Veterans, Budget, Education, Trillion, Biblical, Health, Rich, Healthcare, Spending, Bible, Budget Surplus, Military, Credit Card, Conservative Ideology, Bush Presidency, Proposed Budget, President Clinton, Economy, Luke, Politics News
Jim Wallis

While watching President Obama's press conference Tuesday evening, I was struck by a few things that are often forgotten in the criticism of his proposed budget.

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Anti-Dollar Contagion Gains Pace

Michael J. Panzner | Posted 04.24.2009 | Business

Read More: Geopolitics, Russia, Currency, International Monetary Fund, China, Dollar, China Reserve Currency, Super Reserve Currency China, China Currency, Worlds-Reserve-Currency, Reserve Currency, China Super Reserve Currency, China Super Currency, China Us Debt, Business News
Michael J. Panzner

As was the case with the now hobbled U.S. banking system, the dollar's fortunes have long depended on the confidence of others.

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Oil Hits High, Dollar Plunges

AP | CHRIS KAHN | Posted 04.19.2009 | Business

Read More: Dollar Weak, Oil Rises, Oil Surge, Dollar Plunge, Weak Dollar, Dollar, Oil Prices, Oil, Business News

NEW YORK — A weakened dollar and evidence that OPEC has significantly slowed production sent oil prices soaring to new highs for the year Thursd...

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A Better Plan for the Banking System

Alan Schram | Posted 04.15.2009 | Business

Read More: Dollar, Money Market Funds, Fdic, Banks, Business News, Credit Crunch, Bank Deposits, Saving Money, Deficit, Tarp, Japan, Dow, Financial Crisis, Business News
Alan Schram

Take the money earmarked to large, corrupt and failing banks that wretchedly brought us to the precipice, and have the FDIC offer matching capital to anyone setting up a new community bank.

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More Connected Than We Think

Jim Wallis | Posted 04.05.2009 | Living

Read More: Global Economy, Money, Economic Crisis, Senior Management, Business, Economic, Retirement Savings, Corporations, Aig, Bailout, Dollar, Stock, Irresponsibility, Assets, Economy Special Focus, Economy, Living News
Jim Wallis

While we evaluate our own response, our local churches' response, and our government's response to this economic crisis -- we must remember that we are more connected than we think.

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The Obama Revolution

Alan Schram | Posted 04.02.2009 | Business

Read More: Dollar, Wall Street, Banks, Inflation, Taxes, Business News, Credit Crunch, Debt, Obama, Bank Deposits, Stimulus, Deficit, Tarp, Dow, Financial Crisis, Nationalization, Business News
Alan Schram

The new budget President Obama proposed last week is no less than another American revolution, an economic revolution that changes the very fundamenta...

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Saving the Banks

Alan Schram | Posted 03.25.2009 | Business

Read More: Dollar, Money Market Funds, Fdic, Jeffrey Sachs, Wall Street, Banks, Business News, Credit Crunch, Bank Deposits, Libor, Saving Money, Geithner, Tarp, S&P 500, Financial Crisis, Business News
Alan Schram

Housing prices have to fall because they have been inflated for years, but they will ultimately reach an economic equilibrium. When that is accomplished, the financial system will recover.

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We Must Face the Music with Banks

Alan Schram | Posted 03.12.2009 | Business

Read More: Dollar, Fdic, Wall Street, Banks, Business News, Recession, Money Supply, Obama, Stimulus, Bad Bank, Saving Money, Credit Crunch, Deficit, Tarp, Financial Crisis, Housing Market, Stimulus Package, Housing Crisis, Business News
Alan Schram

Instead of recapitalizing and subsidizing the foolish and irresponsible banks that got us into this mess, we should let home prices fall to their economic equilibrium.

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Hurry Up! Catch Money from the Sky!

mochiads.com | Mochiads.com | Posted 03.08.2009 | Comedy

Read More: Games, Suite, Money, Gold, Free, Fall, Clothes, Rich, Pound, Rock T-Shirt, Flash Game, Euro, Fraud, Sky, Punk, Wealth, Online Games, Treasure, Dollar, Easy, Poor, Falling, Comedy News

It's every man dream: Money Falling From The Sky! Catch as many as you can and you will receive amazing awards!!! But be careful not to catch dirty money.

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The Implications of Falling Oil Prices

Alan Schram | Posted 02.27.2009 | Business

Read More: Dollar, Iran, Venezuela, Gold, Business News, Russia, Credit Crunch, Chavez, Oil, Putin, Financial Crisis, Business News
Alan Schram

While lower oil prices are welcome news for the US consumer and for consumers in other economies that rely on importing oil, the situation is very different around the world.

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Stimulus Plans Don't Work

Alan Schram | Posted 02.19.2009 | Business

Read More: Keynes, Obama, Libor, Stimulus, S&P 500, Fdic, Money Market Funds, Dollar, Wall Street, Business News, Tax Cuts, Bank Deposits, Saving Money, Deficit, Dow, Tarp, Financial Crisis, Economy, Business News
Alan Schram

Spending is the problem that caused this crisis in the first place. We cannot fix the problem using more of its root cause.

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The Story of 2008: What Went Wrong?

Alan Schram | Posted 02.11.2009 | Business

Read More: Volatility, Credit Crunch, Libor, Leverage, Recession, S&P 500, Fdic, Money Market Funds, Dollar, Wall Street, Bear Market, Business News, Bank Deposits, Saving Money, Deficit, Dow, Tarp, Financial Crisis, Business News
Alan Schram

Bear markets are difficult experiences, but they provide unique prospects. I believe we will look at the present U.S. stock market valuations as perhaps the best investment opportunity of a generation.

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How to End the Recession

Alan Schram | Posted 02.06.2009 | Business

Read More: Citigroup, Green Jobs, Credit Crunch, Federal Reserve, Obama, Thomas Jefferson, Libor, S&P 500, Recession, Bush, Dollar, Money Market Funds, Fdic, Paulson, Wall Street, Bailout, Business News, Tax Cuts, Bank Deposits, Saving Money, Deficit, Dow, Stimulus Plan, Financial Crisis, Business News
Alan Schram

What should be intuitively clear is that spending is no way to repair our woes. Indeed, spending irresponsibly is exactly what got us in the current lugubrious position.

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Federal Spending Out of Control

Alan Schram | Posted 01.30.2009 | Business

Read More: Dollar, Alexander Hamilton, Wall Street, Business News, Credit Crunch, Saving Money, Deficit, Financial Crisis, Business News
Alan Schram

It is not the "government" that hands out these bailout packages and money for projects. We must recognize that government has no money that isn't ours.

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Europeans See Euro As Overtaking Dollar: FT Poll

Financial Times | Ralph Atkins | Posted 01.29.2009 | Business

Read More: Currency, US Dollar, Euro, Euro Dollar, Dollar, Business News

The euro could overtake the dollar in global importance in the next five years, a large majority of continental Europeans believe, according to a poll...

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Reflecting On Economic Meltdown, International Newspapers Hold U.S. Responsible

James Freedman | Posted 01.04.2009 | World

Read More: India, Global Economy, United Kingdom, Economy, Economic Crisis, Recession, World Editorial Roundup, Global Economic Crisis, South Africa, Wall Street Crisis, Indonesia, Wall Street, Bailout, South Korea, Dollar, Weak Dollar, Editorial Roundup, Ceos, Banks, Banking Crisis, Financial Crisis, Japan, World News
James Freedman

World Editorial Roundup for December 4, 2008.

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US, China Headed For Possible Clash Over Currency

AP | JOE McDONALD | Posted 01.03.2009 | Business

Read More: Financial Crisis, US Economy, Yuan, China Currency, Us, China, US Currency, Dollar, Business News

BEIJING — China's chief trade envoy urged Washington on Thursday to stabilize its economy and protect Beijing's U.S. investments as the two side...

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How Big is This Bailout?

Alan Schram | Posted 03.25.2009 | Business

Read More: Alexander Hamilton, Credit Crunch, Libor, Bailout, S&P 500, Fdic, Money Market Funds, Dollar, Wall Street, Treasury Dept., George Will, Business News, Henry Paulson, Bank Deposits, Fashion, Subprime Mortgages, Saving Money, Tarp, Dow, Financial Crisis, Bailout Outrage, Business News
Alan Schram

It's not the government's job to make stocks go up. It's their job to ensure stability and confidence to counter the fear and panic now so prevalent all over the world. Markets will find their own equilibrium when that happens.

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Crisis of Confidence

Alan Schram | Posted 12.27.2008 | Business

Read More: Volatility, Commodities, Credit Crisis, Libor, S&P 500, Fdic, Money Market Funds, Dollar, Unemployment, Cpi, Business News, Oil, Warren Buffett, New York Times, Bank Deposits, Saving Money, Dow, Financial Crisis, Great Depression, Business News
Alan Schram

Seeing the news headlines, clearly people are frightened.The issue we are faced with today is shortage of confidence, not shortage of capital.

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Paulson Policy Failures

Alan Schram | Posted 03.26.2009 | Business

Read More: Citigroup, John Thain, Market Crash, Credit Crunch, Fannie Mae, Hedge Funds, Libor, S&P 500, Dollar, Fdic, Money Market Funds, Merrill Lynch, Aig, Freddie Mac, Wall Street, Bailout, Financial Services, Lehman Brothers, Business News, Banks, Financial Crisis, Henry Paulson, Warren Buffett, Bear Stearns, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Bailout Outrage, Business News
Alan Schram

The Treasury's policy did nothing to build confidence or stabilize the markets. The precipitous drop of the equity markets in October and November are the market's judgment on their policies.

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End the Bailout

Alan Schram | Posted 12.21.2008 | Business

Read More: Insurance Companies, Winston Churchill, Credit Crunch, Libor, S&P 500, Fdic, Money Market Funds, Dollar, Paulson, Bailout, Wall Street, Financial Services, Business News, Banks, Financial Crisis, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Tarp, Genworth, Business News
Alan Schram

Paulson is now on his third plan for how to spend the cash Congress gave him. Nobody knows what he will do next.

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Yes We Can... What?

Alan Schram | Posted 12.12.2008 | Business

Read More: War, Larry Summers, Federal Reserve, Congress, Budget Deficit, Libor, Paul Volcker, S&P 500, Barack Obama, Fdr, Dollar, Money Market Funds, Fdic, Education, Wall Street, Hedge Funds, Business News, Warren Buffett, Stock Market, Bank Deposits, Subprime Mortgages, Saving Money, Healthcare, Dow, Financial Crisis, Fiscal Stimulus Package, Business News
Alan Schram

Barack Obama is faced with very high expectations. There is only a small likelihood that any human being could actually deliver a performance commensurate with those expectations.

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Washington Overreacts

Alan Schram | Posted 12.10.2008 | Business

Read More: Credit Crunch, Hedge Funds, Obama, Libor, S&P 500, Bush, Dollar, Fdic, Money Market Funds, Paulson, Wall Street, Business News, Oil, Henry Paulson, Warren Buffett, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

Have you noticed our politicians so often do exactly the wrong thing? They mean well, but in their haste to propitiate us, the voters, they cause more damage than good.

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Why the Stock Market is Cheap Now

Alan Schram | Posted 12.04.2008 | Business

Read More: Volatility, John McCain, Economy, Credit Crunch, Libor, S&P 500, Iphone, Fdic, Money Market Funds, Dollar, Investing, Wall Street, Business News, Stock Market, Bank Deposits, Subprime Mortgages, Saving Money, Dow, Financial Crisis, Business News
Alan Schram

We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.

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