Archive for the ‘Financial News’ Category

Economic Stimulus Package – Altruism As a Way to Stay Secure in Today’s Economy

My husband owns a small tire shop in Encinitas, California, that was recently featured on the news. Each week he gives away a set of quality used tires, including free installation and balancing, to one person or family in need. It started out as a form of tithing – giving something back to the community and the universe as a way to say thank you.

But an unforeseen consequence of his business largess has been praise and continued support of his shop by an ever-increasing new supply of customers who don’t need the free tire program. Many of them feel that by being loyal customers of this weak tire business, they are supporting this program and helping the community. And, of course, they are a big part of the program. W

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Philosophy of the Economy Part Four – “Parameters” As Tools of Economics

The role of “Parameters” is to prevent the “Negative” “Build up” of “Energies” in Economy and in these mode of dealing oversee and avoid catastrophic Economic recessions.

The main difference of such parameters to the already used tools of Economics is more practical and purely technical approach promoted by this research and the political and ideological approach used until now by the real Economics.

Example #One: The Real Estate bust provoking the Last Recession could be prevented if proper regulations were implemented.

Example #Two: The Real Estate Capitalization before the Last Recession had a positive effect on the Economy to certain point by pouring capital in the Capital Markets and investing in business development which consequence huge economic growth before it turned into negative effect , hence, if then an overregulated Economy could be a stopper and a negative.

Hence, same regulations could have a definite effect or a negative effect on Economic development subordinate to different circumstances.

Second set of examples:

Example #One: the Governmental takeover financial institutions and even large corporations could be having a very negative effect on the real Economy by interfering through the Market forces.

Example #Two: the Governmental takeover of financial institutions and even large corporations could prevent the Economy from collapsing in a point when the whole Economy is at peril.

Hence, under different circumstances different the tools of Economics play in sundry ways.

Third set of examples:

Example #One: The Chinese Government socialization of the Medical services and redistribution of Wealth had a very negative effect in the 50s and 60s which lower Chinese productivity and economic development.

Example #Two: Current Chinese Government socialization of the Medical services and redistribution of Wealth has a positive effect for overall Chinese development by expending the overall Economy.

Hence, social services and redistribution of wealth by the Governments could have different effect on the overall development under different circumstances.

Fourth set of examples:

Example #One: The subsidies of the Auto Industry by the US Government in the past has given the Big Three a false sense of security and added in consequence to their demise.

Example #Two: The subsidies of the Auto industry by the US Government most recently is turning them around.

Hence, subsidizing industries as a tool of Economics could effect Economy in different ways under different circumstances.

Many more examples could be given to prove that same tools of economics could have different effect on the processes in the real economy under different circumstances, therefore to regulate and regulate the economy in static ways could prevent growth in good housewifery under some conditions and provoke recessions instead under different conditions. Thus, the param

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London Hotels Amidst the Financial Crunch

Without a doubt, the global financial crunch has affected practically every industry. We’ve seen the devastation of the automotive industry, the backlash to the business process outsourcing (BPO) industry, and there have even been ripples in the tech industry. The hospitality industry isn’t exempt from the effects of the economic crisis, as can be evidenced by what happened to some London hotels recently.

A fate of the smaller companies within the London hospitality industry are under pressure to even survive beyond 2009, thanks to the effects of the crunch. Take Yang Sing Oriental, for example. The relatively-new hotel, with only months of influence under its belt, officially shut down near the end of the first quarter of this year.

Granted, many people including outside observers and tenants alike had praise for the accommodations at the boutique hotel. How

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The Real Credit Crunch Definition

A real, honest credit crunch definition is long overdue, so here it is.

Credit crunch: a panic-driven massive withdrawal of credit from all sections of society desperately in need of it by banks that have before been engaged in an orgy of unsustainable, irresponsible lending of fictitious money in huge amounts largely to people who any fool could see had no means of repaying it.

That’s quite an indictment of banks and the banking system, so let’s take a closer look at what triggered the credit crunch, now grown into a full-blown recession around the globe and ruining countless peoples’ lives.

Money is created by the banking system out of nothing. This is wrong, but it’s the way it is, unfortunately. It is h

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The Economic Recession and Texas

The Federal Reserve has determined that household net worth – all the things of value a person has like houses and checking accounts – dropped nine percent in the last three months. This is the biggest quarterly decline in over fifty years. Things seem bad for the average American these days, but nine percent is nothing compared to the 25% drop in wealth of Dell Inc. CEO Michael Dell.

What’s even more interesting is, despite losing billions of dollars last year, Dell actually moved up 15 spots in the list of the world’s billionaires. Forbes’ annual list of all the world’s billionaires was shorter this year and added up to a quite a bit less money. According to an Austin-American Statesman article this week, compared to last year’s list of 1,125 billionaires there were only 793 making the list this year. The worth

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How to Follow the Latest Trend in the Economic Situation – Co Habitation

This is not a new idea but lately more and more divorced couples are choosing to share the family family circle rather than make discordant the assets. It’s referred to as Co-habitating and it’s the latest trend in trying to live in hard times. With the current economic situation, most couples cannot afford to get a divorce. They simply cannot afford to split and pay for two households instead of one.

Stay at home moms will have to avail back to work and some may even have to take second jobs in order to pay their own bills if they do leave. Of course these are not new problems nor is families co-habitating, but the idea of divorced couples sharing the same roof could be a little tricky for some folks. It’

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Corporate Profits – Who Gets the Money?

Imagine this: You live somewhere, anywhere, in the USA and on Saturday morning you and your partner set off to do some errands.

First, you stop at an Exxon station and gas up your car. Once again, your partner complains surrounding the high cost of gas, and the outrageous profits of oil companies. But, you illustrate that California’s public employees, among and millions of other working Americans, in every state, appreciate your concern. The California Public Employees Retirement System (CalPERS) owns millions of ExxonMobil shares, and Exxon’s corporate profits help pay for their pensions.

Next. you’re off to Wal-Mart to pick up a couple of things for the garden and house. As you swipe your credit card to pay, California’s public employees thank you again. Their r

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Why Do Home Foreclosures Keep Rising? 6 Things You Need to Know

Five months after the Obama administration unveiled a sweeping initiative designed to reach 9 million struggling homeowners, home foreclosures continue to rise at an alarming rate. Foreclosure filings were reported in continuance more than 1.5 million properties in the first six months of the year, a 15 percent increase over the same period of last year, according to RealtyTrac. All told, 1 in 84 American homes—or 1.19 percent—received a foreclosure filing during the period. “We talk about green shoots or about things getting worse at a slower rate, yet this is one thing that is getting worse month by month,” says Patrick Newport, an economist for IHS Global Insight.

Here are six things you need to know about the rise in home foreclosures:

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