Tag: economy

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What does commercial paper have to do with the current economic downturn?

I don't know much about this stuff but, I do know when you reduce the number of non-financial loans by a really large amount in 2000 - 2003 of almost $400 billion or so,  and then again on 2007 by another $300 Billion in 3 months, that those huge amounts hurt!

I wonder if the companies who use this type of funding, use it for their payroll costs? You know, short-term non-financial financing is ch... Read More

There are at least 45 million people unemployed in the United States. While Wall Street and people who have no understanding of the incredible problem facing the United States, a voice in the wilderness needs to be heard.

North Korea suffered the greatest famine and 3 million people died. That was considered a large number of people. Compare that to 45 million.

Napoleonic Wars took the lives of 6,500,000. Compare that to 45 million.

Korean War took the liv... Read More

As gas prices decline and have reached prices lower than it's been in several years, I'm  waiting to see the other industries and products lower their cost.  According to the local news, higher gas prices resulted in paying more for our groceries, electricity, road repair, and construction.  Even my lawn company went up as a result in the last jump in gas prices.  I could go on and on about diferent products raising prices to compensate for gas, desiel, and oil prices. Accor... Read More