Why Living A Frugal Lifestyle Is Still Important
With a dip in consumer spending in April, many people who are insisting that the economy is back to business as usual were forced to eat a big bowl of crow. Despite the unchanged economic realities for most of us, Slate has an article about how luxury spending is on the rise again. ...
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I have been catching a lot of flak for my pointed criticism of Mr. Obama’s foreign and domestic agenda. Many individuals that I trust, admire, and respect have been urging me to be more optimistic. However, how can you reconcile that optimism with Mr. Obama’s latest nomination to the Supreme Court? According to most...
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The question is twofold: when, and not if, interests will go up and by how much. Consumers have grown accustomed to single digit interest rates and this has fueled a large portion of this fragile recovery. Rising interest rates will harm a few areas of the economy that are experiencing small gains. For instance, higher...
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The Obama Administration has been enjoying the post-coital bliss that occurred after they rammed the healthcare reform plan down America’s throat. While opponents on the right have been predictably overheated in their rush to condemn a very middle of the road bill, the conversation again turns to America’s troubled economy. ...
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With 20% of American mortgages underwater, the Obama administration has been under a great deal of pressure to expand programs designed to assist homeowners in danger of foreclosure. To that end, President Obama announced that an additional $14 billion in aid will be provided in order to shore up the F.H.A. and other assistance...
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After much coaxing and cajoling, the House of Representatives, led by a strident Nancy Pelosi, delivered Mr. Obama a major legislative victory. Although I am severely disappointed by the chicanery surrounding the passage of this healthcare bill, it will be a net positive in the lives of many Americans.
I hold out no hope for...
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