by Jason Apollo Voss | 14 03 2010 | Blog
Happy Sunday to each of you! On Thursday U.S. President Barack Obama gave a speech to the U.S. Export-Import Bank. Specifically he talked about a plan entitled, “National Export Initiative.” In short, its primary goal is to double U.S. exports by 2015. ...
by Jason Apollo Voss | 12 03 2010 | Blog
Today the business news outlets are running wild with a report by a U.S. bankruptcy court examiner that lambasts Lehman Brothers. The report holds Lehman Brothers, its executives and its auditor Ernst & Young responsible for the firm’s collapse. Most...
by Jason Apollo Voss | 12 03 2010 | Blog
This morning U.S. retail sales figures for the month of February were published by the Commerce Department. The data show that sales were up 0.3% vs. an expected decline of 0.3%. Interestingly, January’s retail sales figures, originally reported as being up...
by Jason Apollo Voss | 11 03 2010 | Blog
Christopher Dodd, a Senate Democrat from Connecticut and chairman of the Senate Banking Committee, is set to introduce the Senate version of a financial overhaul bill passed in the House of Representatives in December. Dating back to some of the original postings I...
by Jason Apollo Voss | 11 03 2010 | Blog
In case you are new to the blog, let me repeat a formula that I use frequently. Gross Domestic Product, alias the economy, is measured as: Consumer spending + Investments by businesses + Government spending + eXports, net. In other words, GDP = C + I + G + X. Today...
