If only someone could have known the danger that Freddie Mac and Fannie Mae held for our entire economy.
Oh, wait…
It’s only 3 minutes. It is worth watching.
I have so much to say about this, but it will have to wait until later.
Feel free to share your thoughts in the comments, but you had better [...]
I was wondering if the government really needs to bailout anyone. I mean, won’t some non-government entity with lots of money come along and shore up the financial institutions worth saving? And don’t we want the bad ones to go under? I mean, what used to happen before the government started bailing [...]
Continue reading about What Others Are Saying About the Bailout
Shortly after Bob and I were first married, I wanted a house so badly I could taste it. I was tired of living in an apartment. I had already lived here over a year, with my two preschool-aged boys, before we were married, and the place seemed much smaller after Bob moved in.
So, [...]
Continue reading about My Personal Reflections on the Economy
Confused about the Vermont Sales Tax Holiday?
It doesn’t take a degree in economics to figure it out, but it sure helps.
Art Woolf, associate economics professor at UVM and Vermont Tiger contributor, offers a primer on Vermont’s sales tax holiday to help answer some of your questions.
The mainstream media coverage of the economic stimulus payments from China the US government has been abysmal. Reports give the impression that everyone who works will get $600, or $1200 for a couple. But what they leave out is that for people with a tax liability less than that, the payment will [...]
Update: The checks are going out ahead of schedule.
Stimulus check that is.
Well, in the mail soon, anyway. The first payments go out May 2. You can view the whole stimulus payment schedule at the IRS website.
A while back, Rep. Peter Welch sent out a constituent mailing about the stimulus checks, among other things. [...]
Today, I was flipping through the channels and I saw a clip of Exxon Mobil executive J. Stephen Simon testifying before the House Energy and Commerce Committee.
Mr. Simon stated that from 2003-2007, Exxon Mobil’s world-wide profits have increased 89%, but in that same time period, their world-wide taxes have increased 170%.
Further, in the past [...]
Today is Whine About the Economy Day here in Vermont.
In honor of Senator Bernie Sanders’ town meeting on the economy, today in Montpelier, the local news media treated us to a round-up of economic woes.
It seems Sen. Sanders called for Vermonters to share their struggles, so he “could add insights and set the tone” for [...]
Continue reading about Economic Woes and the Politicians Who Love Them
So I’ve been thinking. A while back, I bought a big new stereo system that I really could not afford, so I bought it on credit. They gave me a great low-payment introductory offer.
But then, the payments went up and now I can’t afford them. Now the company wants to repossess my [...]
Every morning when I check my e-mail, I read the Town Hall daily e-mail, which contains the links to and short excerpt from the day’s columns.
That is usually the extent of my Town Hall reading.
Except on days like today, when I find not one, not two, but three of my favorites all in one edition: [...]
