Submitted by CARPE DIEM

Freedom Fest 2008, The World’s Largest Annual Gathering of Free Minds, July 10 - 12, 2008 at Bally’s/Paris Resort in Las Vegas. Early bird registration fee before March 15 (this Saturday) is only $395 per person or $595 per couple! Special hotel rate of $97 per night at Bally’s. I’m going!
Visit […]

continue reading.....

Submitted by CARPE DIEM

Click on the arrow above twice to watch an amazing performance of the Cactus Cuties singing the national anthem a cappella at the Texas-Texas Tech basketball game in front of 11,000 people.
Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by CARPE DIEM

Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by CARPE DIEM
Learn all about the subprime crisis in a slideslow here or here.
(****Warning: Contains Some Strong “Subprime” Language****)
Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by CARPE DIEM

Bloomberg–Retail sales in the U.S. unexpectedly fell in February, indicating that declines in payrolls and home values and a surge in energy costs have pushed the economy into a recession.
First Trust Portfolios–Retail sales declined 0.6% in February while retail sales excluding autos declined 0.2%. The consensus had expected each to increase […]

continue reading.....

Submitted by CARPE DIEM

When it comes to picking taxpayer pockets, no one — not the trial lawyers or even AARP — has it over the farm lobby. How’s this for clout? Though last year was one of the best ever for farm incomes — up 50% to $88.7 billion (according to USDA, see chart above) […]

continue reading.....

Submitted by unsettling economics
The increasing bureaucratization of education has now reached the tipping point where faculty represent less than half the full-time professional staff at Title IV institutions. I have not seen any data to be able to project when more than half of faculty time will be devoted to unproductive administrative duties, but what […]

continue reading.....

Submitted by Businomics Blog
Consumers are definitely cutting back on their spending now, not simply reducing the growth rate of their spending.

So far the decline is small, less than one percent since the peak in November.  The decline is concentrated in discretionary categories, such as automobiles, building supply, electronics, furniture and sporting goods–all stuff that we […]

continue reading.....

Submitted by A Dash of Insight
Jeff is on the road again.  Below is the weekly TCA-ETF Update.  He will comment more if he gets the chance.
    ~Renae

Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by The Capital Spectator
There are at least two more reasons to worry and wonder about the future, judging by today’s data updates. Import prices and retail sales provide fresh incentives to stay cautious.
Let’s start with import prices, which are now rising by 13.6% a year as of last month, the U.S. Bureau of Labor […]

continue reading.....

Submitted by Econbrowser
That’s the title of a post in today’s WSJ RealTime Economics:
President George W. Bush said in an interview today with Nightly Business Report that the dollar’s fall to record lows against the euro is not a good thing and he “absolutely” wants a stronger dollar. Excerpts:

Figure 1: Log real trade weighted value of […]

continue reading.....

Submitted by CARPE DIEM
Politicians take people’s money with a promise to fulfill desires that supposedly can’t be attained any other way. Prostitutes do the same, though by reputation, they are more reliable in delivering. It’s not surprising for people in the same line of work to gravitate toward one another, as Eliot Spitzer and a […]

continue reading.....

Submitted by CARPE DIEM

Watch an Indian street boy in Mumbai speak in multiple foreign languages…. German, French, Italian, Arabic, Japanese, etc.
Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by CARPE DIEM
Letterman, Leno, Conan, Kimmel, Stewart and Colbert on Spitzer.
Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by CARPE DIEM
1- Why is it illegal to sell sex, but legal to give it away? (Or for that matter, why is it illegal to sell a kidney, but legal to give it away?)
2- Why is it illegal for Person X to pay Person Y to have sex, but it is legal for Person […]

continue reading.....

Submitted by CARPE DIEM

A US $100 bill in Zimbabwe now buys 20kg (44 pounds) of local currency, as Zimbabwe’s currency tumbled to a record low of 25 million Zimbabwe dollars per USD. Zimbabwe has the world’s highest inflation rate of 100,000%.
Read more here.
What happens when you have 100,000% inflation? Zimbabwe has had a 51% fall […]

continue reading.....

Submitted by CARPE DIEM
 
THE ECONOMIST–Paying taxes is, for most people, both unavoidable and irksome. But how much hard-earned pay is taken by governments varies considerably across the world. Among the rich countries of the OECD, Germans shell out the most, with a worker earning an average income giving 43% of their gross pay to the […]

continue reading.....

Submitted by CARPE DIEM
To the students in the NetPlus! MBA program at the University of Michigan, Flint campus, who are enrolled in MGT 551 for the Spring 2008 term, WELCOME TO CARPE DIEM!
Professor Perry
Visit 1800blogger to see all of our industry leading blogs.

continue reading.....

Submitted by CARPE DIEM

ALBUQUERQUE—New Mexico’s jobless rate was 3.1% in January 2008, which state labor officials say is the lowest since 1976. The unemployment rate was down from 3.2% in December. In January 2007, the state’s jobless rate stood at 3.8%.
Visit 1800blogger to see all of our industry leading blogs.

continue reading.....