Archive for March, 2009
Housing Starts are up?
Today it was announced that housing starts rose unexpectedly in February. That is great news!
But what does this mean? Are we out of the woods yet?
I really don’t know but Wall Street reacted to the news in a positive manner today.
“The upbeat construction report provided the latest glimmer of hope for Wall Street and revived [...]
Are things getting better?
Good news today for small business owners as President Barack Obama freed billions of dollars to help the nation’s small businesses.
I am a big fan of the SBA and of course, small business success, but I recommend we tread cautiously with this renewed liberation of credit.
For those of you who know me or have been [...]
Are these tough times getting better?
As I have been tracking the effects of this tight economy, it seems as if there might be a little light at the end of the tunnel.
Who knows?
Last week, Wall Street reported its best week gains since November ’08 and Monday, President Obama will release financial support to small businesses via the SBA.
There are other [...]
Your small business needs better accounting
This is a very important story I pulled from CNN today, where I have encountered similar situations out there with clients.
Sometimes, we want to belive that someone is going to do us good and help our businesses when in fact, they only serve to hurt us.
Check references, verify skill levels and do background checks.
Sure, [...]
Obama: Don’t fear the future
Obama made the pledge in a 35-minute interview — largely focused on the economy and the war in Afghanistan — with The New York Times aboard Air Force One on Friday, according to a story published Saturday.
“I don’t think that people should be fearful about our future,” he told the newspaper. “I don’t think that [...]
Wow, you’re not going to believe this one.
Ex-Leaders of Countrywide Profit From Bad Loans
Stanford Kurland, formerly of Countrywide, has a new venture.
By ERIC LIPTON, New York Times
CALABASAS, Calif. — Fairly or not, Countrywide Financial and its top executives would be on most lists of those who share blame for the nation’s economic crisis. After all, the banking behemoth made risky [...]
Is this a recession or media fear mongering?
As I have been preaching the idea that American media could be fueling recession woes, I realized this last weekend that the media could in fact be freaking everyone out about this recession.
Ahh, but is that a good thing?
It was reported last week that California was the first large state to feel the effects of [...]