finance: Scorecard on the Economy
- 10/09/08 02:08 PM
What grades would you give: - Henry Paulson, for forthrightness and foresight? - Ben Bernanke, for leadership and ability? - Nancy Pelosi for honesty and ethics? - Henry Waxman for integrity and values?
I am doing a straw poll on this, and am interested in your take on thinigs. My best to you all, Lou Farris … (1 comments)
finance: Bailout Blues - Have You Seen The Dow Today?
- 10/06/08 04:13 AM
The bailout passed, and look at the good it did. The markets opened another 500 pints loawer, and continued to take a nose dive. Is there something I have missed? Wasn't the bailout supposed to shore up the economy and restore market stabililty? Forgive me if I am skeptical, but so far I can see a return to 1987 levels for the Dow. In fact I have been saying the market would make a major correction for the last couple of years. Sadly, we are approaching the 9500 level I thought we would floor at. however, it looks like confidience is … (0 comments)
finance: Should Fannie and Freddie be Bailed Out?
- 09/08/08 07:09 AM
Just Like the boy whocreid wolf, banks and investmetn firms are crying "Baiolout!" and they are crying loudly. The Fed is listening, and instead of asking "Why jump?," whne the banks tell them to do so, is saying, "HOW HIGH?" the truth is this jump call, isn' tjust being made by Fannie Mae. It's "kissin' cousin" Freddie Mac who seems no less bent on getting some of that "free" Treasury money. Yep, the Fed, which is not a government entity, but a private banking corporation is behaving like United Airlines, and Bear Stearns Who now have their platinum parachute firmly and … (2 comments)
finance: Forelosure: Are You a Part of the Problem or Part of the Solution?
- 06/25/08 01:45 AM
This is a rather serious question. It is the reason that there are real estate licensing rules, and mortgage licensing. It boils down to ethics. Here are the questions: How do you determine the viability of a Buyer prospect? How do you assess the ways you can best serve your Seller? What do you do to establish a Buyer's qualifications? How do you break the truth to your saellers when setting a listing price, when their home is worth less than they owe? The foreclosure problem is real, and it will be with allof us, regrdless of market for a while. I … (0 comments)
finance: Fuel Costs and A Surprize Affecting Our Bottom Lines
- 05/09/08 04:16 AM
I was doing a bit of cost analysis for my prcatice, to determine a rpojection fro the remainder of this year and out to the next three or four. I am a bit different in my projections, because I don't care for five year projections. Placing things out three to four years ihas allowed me to consider changes in my practice in a manner that keeps me a bit more nimble in the marketplace. This view also keeps me on top of a rapidly hanging and inreasingly global economy, of which i feel a dtringent need to keep abreast of. This … (4 comments)
What grades would you give:
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