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Sarah Palin's Resignation Speech Leaves Questions Unanswered
On Friday Sarah Palin announced that not only will she not seek a second term as governor in Alaska, she is stepping down as governor of the state of Alaska. Her resignation will effective as of July 26th,...
1 commentSears Tower 103rd Floor Glass Balconies Unveiled
Thrillseekers have a new destination in the United States now, the Sears Tower and its 103rd floor glass balcony nicknamed "The Ledge." The glass balcony is 1,353 feet in the air and juts out four feet from...
2 commentsEffects of the recession on college graduates
The American economy is clearly in a severe recession right now. The data that keeps coming in is getting worse and worse by the month and there is no sign of a light at the end of the tunnel. Housing...
0 commentsFive ways to invest with small amounts of money
Saving money to invest is becoming more and more difficult every day. The economy is in the tank and it is difficult to make ends meet, but you know you should be investing some money. Luckily, there are...
9 commentsAnother stimulus plan? Is this really what we should be doing?
More money always sounds great, and the $152 billion economic stimulus package of 2008 that was signed into law this past February certainly provided millions of Americans with a very welcome check in the...
1 commentClemson finally fires Tommy Bowden after another disappointing start
Multiple sources close to Clemson University report that head football coach Tommy Bowden will be fired this afternoon. The university has scheduled a late afternoon press conference to make the firing...
0 commentsProposed change in FDIC deposit insurance level is a positive step
In recent weeks there have been calls by several prominent newsmakers and economists to raise the level of FDIC insurance from $100,000 to $250,000. I truly believe that this move is a definite step in the...
2 commentsAre the short sellers to blame for this market crisis?
Short selling has always been a highly scrutinized practice, but never has the scrutiny been as intense as it has become in the last 24 hours. As the financial system seems to be grinding to a halt and bank...
3 commentsThe fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
0 commentsFirst Lehman, now an AIG bankruptcy? It's a scary, but real possibility.
The fear is palpable on Wall Street right now. Some companies that have previously been deemed "too large to fail" are in the process of failing and it seems there is nothing that our financial system can do...
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