New York Times online has an article – an editorial – on Thursday, February 4. The title of the article is “Making ‘No Child’ Better .” The editorial is written stating how best to make the ‘No Child Left Behind Education Act of 2002′ better and make it work. However, I see some parallels between … Read More »
New York Times online has an article written by Paul Krugman on Thursday, February 4. The title of the article is “Fiscal Scare Tactics.” The crust of the article is there is a huge difference of opinion between what you see and hear on TV from economics commentators and the many hard-core economists of the … Read More »
New York Times online has an article written by William D. Cohen on Thursday, February 4. The title of the article is “Mystery Men of the Financial Crisis.” The crust of the article is that we still don’t know what led the economy to the disaster that we encountered and so wholeheartedly accepted. The economists … Read More »
For folks, who don’t do taxes themselves but get them done by professionals, I want to say this. Don’t be afraid to do them yourself. Last year, I did a post “Understand basics of your income tax return” that you would like to read and understand.
Each year, there are some changes in the tax … Read More »
Media have reported millions of homes that have been foreclosed by banks the past year or so. That does not necessarily mean, after the foreclosure, the homeowners are off the hook from then on and the mortgage balance would automatically come down to zero. In cases where the bank auctioned off the home for less … Read More »
Many experts suggest to not worry about inflation in the near future. But because certain events have recently taken place, there might be a chance of inflation creeping up in your financial life. The reason some experts give is two fold: 1) The rapid growth of the money supply from the U.S. Government into the … Read More »
I very seldom make new-year resolutions whether they may be about losing weight, eating right, or exercising more. To fulfill these resolutions is as important as making them. The reason being that we must all remind ourselves what we have to do to better our life in anyway we can. If we can remind ourselves … Read More »
Consumer spending rose slightly less than expected in December as households opted to save extra cash, lifting savings to a six-month high, a Commerce Department report showed on Monday. It said consumer spending rose 0.2 percent after increasing by an upwardly revised 0.7 percent in November. For the whole of 2009, spending fell 0.4 percent, … Read More »
