November 2008

Real definitions, with a little bit of “Unknown History” [that means we’re kidding, at least sort of] and apologies to Dick Fuld, Dunkin Donuts and anyone who knows the truth! The Federal Reserve Discount Window REAL:  Commercial banks use the discount window to borrow money overnight from the Federal Reserve in exchange for collateral when they are unable to borrow funds from other ... read more

Last week the Labor Department reported the nation’s unemployment rate jumped to 6.5% in October and this morning weekly jobless claims spiked to the highest level since September 2001. With layout headlines coming fast and furious, we want to know, are you afraid of losing your job?   ... read more

First it was Fannie Mae, then it was AIG, followed by a massive $700 rescue plan. Now it looks like Detroit's auto makers are in need of some cash from Uncle Sam. We want to know, do you think General Motors, Ford and Chrysler deserve a bailout? ... read more

By Joanna Ossinger A lot of people have been saying that the markets will go lower if Sen. Barack Obama is elected President because there are concerns that his policies will be detrimental to the economy, but who ends up occupying the Oval Office may not matter as much as some think. For one thing, presidents often govern more to the center than they campaign – and sometimes even cross ... read more