Just a Guy Who Reads the Papers » Financial News

Debt ceiling agreement was travesty, not real compromise

Just a Guy — Thu, 04 Aug 2011 12:42:28 +0000

The recently passed and signed last-minute debt ceiling deal proved to be a real travesty, NOT a real compromise.

Compromise implies that both sides gain something they wanted or needed, while agreeing to give up something they wanted or needed to reach mutual agreement.

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Debt ceiling agreement was travesty, not real compromise

Is there any way to re-elect President Clinton? He understands economics

Just a Guy — Tue, 19 Jul 2011 17:23:24 +0000

Is there any way we might sort of “side step” the presidential term limits amendment and run Bill Clinton for president again? Please?

He seems to be one of the few public figures who “gets it” about raising the national debt limit. The various brands of Republicans and/or Right Wing nuts aren’t getting it. Let me emphasize this next statement. I hate using exclamation marks, bold face, etc. But I think there’s a multitude of knee-jerk reactionaries out there in the U.S. that really, REALLY don’t understand the fundamental issue with this debt ceiling mis-debate. So here goes:

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Is there any way to re-elect President Clinton? He understands economics

Worldwide financial crises turn people toward gold

Just a Guy — Fri, 28 May 2010 20:43:00 +0000

I suppose it’s no secret that, in times of financial crisis, people turn away from negotiable currency and various sorts of stocks and bonds toward good old-fashioned precious metals.

Not surprisingly, then, I just saw an online article that says Europe’s financial instabilities are turning investors toward gold coins. The story I read said the one-ounce 2010 American Eagle bullion coin seems to be increasingly popular.

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Worldwide financial crises turn people toward gold

Home repairs offer harsh distraction from news, newspapers

Just a Guy — Wed, 28 Apr 2010 17:06:32 +0000

Sometimes I sit here trying to keep informed and make at least somewhat intelligent comments about “the news” — then sometimes I just get, should we say, distracted by home repairs and maintenance.

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Home repairs offer harsh distraction from news, newspapers

Common sense helps you reduce identity theft risks

Just a Guy — Thu, 14 Jan 2010 00:31:56 +0000

You don’t have to be paranoid to think someone’s out to get you — you just have to live in our credit-oriented world and read the daily accounts online and off line about identity theft horror stories.

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Common sense helps you reduce identity theft risks

Even in real estate hard-times, dream home raffles aid good causes

Just a Guy — Tue, 26 May 2009 16:58:32 +0000

It’s exciting to know that, even in real estate hard-times, “dream home raffles” for charity generate aid for good causes.

We’re having a “Dream Home raffle” to benefit St. Jude’s Children’s Hospital, in the area where I live, and it seems like a terrific idea to me. I haven’t followed how ticket sales are going (for $100 you get a chance at a newly built house in a nice subdivision which has been valued at $375,000), but I hear a lot about the raffle (the drawing is next month) on local television newscasts, so I assume it’s doing all right.

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Even in real estate hard-times, dream home raffles aid good causes

Is the world filled with people who only know how to PANIC at the news?

Just a Guy — Mon, 27 Apr 2009 02:51:51 +0000

Is the world really filled with people who only know how to react with panic when they read or hear the news?

I ask because everything negative or dangerous going on in the world seems to inspire panic or near panic, whether we’re talking about economic trouble or swine flu. From the 24/7 cable channels to Internet blogs, no one seems to pause and reflect on ANYTHING. Instead, everyone runs around screaming: “The sky is falling! The sky is falling!”

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Is the world filled with people who only know how to PANIC at the news?

More from the recession front lines: Even luxury car sales are declining

Just a Guy — Sun, 19 Apr 2009 21:06:35 +0000

Alas, economic hard times are even hitting luxury car manufacturers and sales, according to an online article I read recently at a Tampa Bay area newspaper website. (You remember newspapers, don’t you? Those large pieces of paper with lots of words on them that many of us used to read for daily and weekly news in pre-Internet days? You do remember, don’t you??)

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More from the recession front lines: Even luxury car sales are declining

Economic crunch hurting, or are you flying under the radar so far?

Just a Guy — Fri, 20 Mar 2009 19:10:23 +0000

So, is the economic crunch hurting you and/or your family, or are you flying under the radar so far?

Certainly the state of the economy here in the U.S. and worldwide is impacting every area of every life in one way or the other. But so far, for my wife and me and for our kids and their families, we’re doing all right. No job losses or cutbacks yet or likely in the immediate future. One family member has taken some serious hits on some stock investments. But hanging in there will eventually mean recovery. So far, that loss is only on paper.

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Economic crunch hurting, or are you flying under the radar so far?

Helpful information about why, how The Fed is handling economic crises

Just a Guy — Sun, 15 Mar 2009 23:26:50 +0000

The CBS show “60 minutes” has a great interview and feature going on as I write this with Federal Reserve Chairman Bernanke. Very revealing, and it helps understand why the Fed does what it does and why they believe current governmental efforts to deal with this horrendous economic situation will work.

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Helpful information about why, how The Fed is handling economic crises