The Radford Free Press – Page 343 – All life is problem solving.

Economics / bailouts, banking, bankruptcy, capitalism, creditors, Ireland /

Capitalist Wimps: Ireland Buckles Under

November 24, 2010

One of the stark lessons we have learned from the financial crisis here and abroad is that old fashioned capitalists are hard to find. Perhaps they always were. At least in banking. I am amazed at the severity of the new budget squeeze Ireland is being put through by its government. Here we have a […]

Economics / corporate profits, Keynes, Obama, wages /

Record Profits

November 23, 2010

Let’s all note today’s news about corporate profits: they hit an all time record by reaching an annual rate of $1.659 trillion. Clearly business is not hurting. This record setting pace comes in large part from the increase in productivity businesses have wrung from their operations. They have learned over the past two years to […]

Economics / B. of A., banking, foreclosures, real estate /

Foreclosure Mess – Update

November 23, 2010

Given this morning’s disappointing report of existing home sales it is worth recalling that one factor weighing down heavily on real estate is the ongoing foreclosure mess. By this I mean the growing chaos within the foreclosure process, and the steady and increasing stream of revelations that indicate that the banks have a slew of […]

«< 341 342 343 344 345 >»