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Will the Backbone of the Economy be the Backbone of the Recovery?

The headline was clear and to the point: Economy Shrinks at 3.8% Pace in 4Q. Now the good news was that this wasn’t as bad as all the economists were predicting. read more »
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Business.gov: Your Tax Dollars at Work

It isn't often that this page has something good to say about the Federal Government, but the Small Business Administration (SBA) has always held a [...] read more »
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Strong Communication Skills and Some Wise Words

When you have a whole division to eliminate from your company payroll, do you:
A) Have the HR people descend upon the target and deliver the bad[...] read more »
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Public Officials and Corruption—The Chinese Way

The Associated Press this morning has reported that:
A court clerk says a former Beijing vice mayor in charge of overseeing Olympic construction[...] read more »
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Who Really Pays When You Soak the Rich?

Yes, I believe later on there should be tax increases. Speaking personally, I think there are a lot of very rich people out there whom we can tax at[...] read more »
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SBA Asks Lenders to Offer Loan Deferment Relief

Monday, October 20th, saw the US Small Business Administration (SBA) make the following statement regarding its efforts to help small businesses thro[...] read more »
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This is What We Have Come to: Parsing the Word “Socialist.”

You know the political season is is in its home stretch when folks are either this desperate to tar their enemies with anything they think might stic[...] read more »
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Why I Rent Instead of Own a Home

After I wrote my article, ‘A Little Something Learned About Apartment Living,’ a coworker asked me why I didn’t just buy a house. I got the entire sp[...] read more »
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Wall Street Layoffs Could Surge Past 200,000

The fallout from this year's global credit crisis has claimed jobs on all corners of Wall Street, from hedge fund managers to floor traders and beyo[...] read more »
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Would You Vote for a Presidential Candidate Based on Their Credit Card Debt?

Would this amount of credit card debt mean that McCain might run the country into further debt? read more »
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The Incredible Shrinking Funds

High borrowing and the credit crisis are bad enough for hedge funds. Panicky clients are worse. read more »
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Senators Press for Action to Stem Foreclosures

Senators prodded government officials involved in the bank-rescue plan to do more to help struggling homeowners avoid foreclosure and expressed impat[...] read more »
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Warren Buffett loses 9.6 Billion in one stock

He has lost more value in his stock than the CEO of any other publicly traded company. The current tally on the paper loss is $9.6 billion. read more »
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Great Time To Buy As Home Prices Keep Dropping

Home prices fall to the lowest price in 17 years. If you have the money to buy and are able to get a loan, now may be a good time read more »
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California Home Sales Revive, But Not Without Intense Pain

Interesting look at Los Banos, where 1 in 5 houses is in some state of foreclosure.[...] read more »
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