Personal Income and Outlays Report

According to the Bureau of Economic Analysis and the released report of Personal Income and Outlays, July 2009 [8/28/09] by BEA.GOV , In July, the Personal income increased $3.8 billion ( or less than 0.1 percent ) ; Disposable Personal Income (DPI) decreased $4.6 billion ( or less than 0.1 percent ) . Comparing to […]

Geitner recognizes that the US plays a special role in fostering the Global economy

Geithner in getting ready for his speech in Jeddah, Saudi Arabia stated that “Given the dollar’s role in the international financial system and the significant impact of the U.S. economy on global economic conditions, we fully recognize that the United States has a special responsibility to play”. Source Geitner recognizes that the US plays a […]

Mark to Market and why it is bad news in this economy

If you have been paying attention to CNBC or any other business channels that past couple of days you will see that the term Mark to Market is being thrown out there a lot lately. It is an insider term but it really does effect the everyday person and their investments that they might be […]

For Christmas I want an IPod, a Mac Book Pro, and Steve Jobs to deliver the ICar

Economists Thomas Friedman was on CNBC today explaining that innovation was needed to fuel the fires of the Economy and not the bail outs. He argues that Steve jobs should come to Detroit and the ICar will be designed and ready in a week. This was of course I hope tongue and cheek. I semi […]

Disruptive Technologies: has become a major disruptive technology in the field of online video that is now dominated by youtube. Hulu has been around for a year but is only now beginning to make mainstream traction and become a force within itself. Youtube right now is still hundreds of millions of viewers beyond hulu but when […]