Is Black Friday Dead?
It is no secret economic times are tough. Of course if you listen to the government leaders, various talking head pundits and the so-called financial experts, you’re probably filled with lots of fear. Lets face it, there’s a lot of fear-mongering going on these days. If we believed all the reports...
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Rochester, New York Announces Incentive Bonuses
While performance-based pay is commonplace in the private sector, the Mayor of Rochester, New York has decided to implement the practice at the government level. As a result of his new plan, the already cash-strapped City of Rochester, is handing out thousands of dollars in bonus pay. This plan,...
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Trimming An Already Bloated Budget
Governor David Paterson’s job approval rating may have dipped to 51% this week, but one thing is for sure – New Yorkers overwhelming support his message that the state should cut spending. The question is, just how to cut that spending. The Governor is projecting a $2 billion dollar shortfall...
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When No One Wins…
Chess is a game of strategy where you always need to be at least one move ahead of your opponent. The ultimate victor is the one who declares Checkmate! However, more often than not, many chess games end in a stalemate. No one wins, you’re simply left sitting in your chair...
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New York State Legislators Balking At Budget Cuts
New York State Governor David Paterson is set to meet with legislative leaders today to discuss mid-year budget cuts once again. However, it appears not everyone is on board with the idea of cutting the budget. Not only do some of the Albany-fat-cats not want to trim...
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New Poll Shows Anxiety Is On The Rise
As Gomer Pyle used to say – “Surprise, surprise, surprise!” – Well okay, so this really isn’t much of a surprise. The economy continues to slide down and Wall Street continues the trend of record downfalls. The government is tossing money around like candy and now they’re...
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Everybody Wants A Piece of Your Paycheck!
Every time you turn around these days someone wants another piece of your paycheck. When will the craziness end? Of course another amazing aspect of the whole economy revolves around the fact that finally government officials and news media types are calling this what it is — We...
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News bulletin…news bulletin! As heard on CNN this morning…
“The recent economy problems faced by the nation revolve around finances and money!”
So-Called Economist Specialist
Well there’s no big d’uh there! Imagine that, a financial fall on Wall Street revolving around money. Where did CNN dig this guy up? Sometimes I think news agencies grab anyone they...
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Economics 101 Class Is Now In Session
The National Debt Clock near Times Square, New York
Wednesday, October 8, 2008
In the midst of the financial tailspin we now find ourselves in, the National Debt Clock in New York City ran out of digits midweek to record the growing figure. As a temporary fix, the dollar sign...
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As the financial crisis continues in the United States, the latest headline which should catch every taxpayers attention goes like this…
Federal Government Gives AIG More Money!
When will this madness stop? The very government that’s supposed to bring a sense of order to the nation, is doing nothing more than cause panic at every corner....
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