The Long Goodbye........Economic update - 09/21/09 05:14 PM
Say goodbye to the recession. Fed chair Ben Bernanke made the announcement on Tuesday. But before you rush out to the new favorite total wine store and trade your box wines for the coveted bottles with the pretty labels, consider the following: In previous eras , a recession or a slowdown in economic activity over a long period of time was deemed over when the U. S. had two consecutive positive quarters of Gross Domestic Product( The value of the goods and services produced). For many reasons this recession is different from any other. The main catalyst was that we stopped … (0 comments)

WE ARE ALL DRAMA QUEENS........ECONOMIC UPDATE - 09/14/09 01:09 PM
September 11th,  2001 I was outside talking on the cell  with my grandmother.     The sun was just barely peaking over our rooftop when my husband yelled at me from the kitchen that the World Trade Center was under attack.  We sat in stunned silence memorized by the real time horror unfolding before our eyes  on our own television.   We were jarred back into our reality by the ringing phone and the need to wake the boys.  This was what our grandparents and great-grandparents experienced when the Japanese bombed Pearl Harbor.   Our own parents had this dire feeling of uncertainty that followed … (0 comments)

 

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