Category: Economy

I wrote this article way back in 2008 following the last major stimulus package and bailouts from the Global Financial Crisis (GFC). It scary how much this applies to 2020 following over $4 Trillion of new stimulus packages to rescue the American economy from the Coronavirus induced slowdown. Just replace…

See this article for the latest on the stimulus check (economic impact) payments [Updated Dec 2010] The Making Work Pay tax credit expires on December 31, 2010.  As a result: -  The income tax withholding tables for 2011 will no longer be adjusted for the Making Work Pay credit. There…

In a continuing revelation of the economic team(s) to support his administration and its policy development, President-Elect Obama announced the formation of a new panel called the Economic Recovery Advisory Board (ERAB). The board's mission will be to give President-Elect Obama and his administration expert "outsider" policy advice on lifting…

I think we can all agree on is that the time for words is over. It is all about action and execution now. Here are the key focus topics our President should be considering. The Economy The number issue on the minds of most Americans is the failing economy and…

In further proof that the government is trying to spend it's way out of the current financial crisis, the federal reserve chief - Ben Bernanke - signaled his support for a second round of fiscal stimulus'. The usual fear mongering lines of "dire consequences", "grave doubts of our future" and…

Despite all the politicking this week, it looks like a bipartisan deal on the $700 billion bailout package (now titled the Emergency Economic Stabilization Act of 2008) has been reached. In the revised approach the government immediately provides $250 billion to start buying the MBS and CDO clogging up the…

In my previous post I wrote about the long term fall out and adverse impacts from all these government bailouts. Tony Parker, a regular contributor to this site and an experienced investor, offers a different view as to why the bailouts could end up being a success and even realize…

To save our economy and the financial future of America, the US government is taking over our financial system by changing the rules and becoming the backstop for all the junk in the current financial system. While this may save our skins in the near term I think it is…

With all the doom and gloom headlines splashed across the financial media it is no wonder that everyone thinks we are headed for the next great depression with little hope of a recovery. Yet there are definitely some positive economic signs out there amid all the negative press - you…

The treasury along with the Federal Reserve and Federal Housing regulator (FHFA) announced a take over via conservatorship of the government sponsored entities of Freddie Mac and Fannie Mae. Current actions will definitely provide a cushion, but long term structural reform is needed to ensure this does not happen again…

The financial media are again harbingers of more doom and gloom today, citing a Barron's article and host of so called "experts" predicting that the financial crisis is not only far from over but could actually get much worse, bringing more big shocks to the US economy and stock markets.…