As the world turns – an Iranigans update

For today’s second post I wanted to give a brief update on what is going on with the Iranian nuclear development program. In short, nothing much has changed… The United States: The U.S. continues to want a delay in dealing with Iran so that it can focus its military, diplomatic and logistical attention on its existing Middle Eastern wars: Iraq and Iran. U.S. forces are winding down...
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Housing & manufacturing data

You may have noticed lately that ze blog has been fairly dull for awhile. This has nothing to do with my celebration of the Holidays and more to do with the dearth of economic movement and lack of newsworthy information. Which brings me to today’s post which is evidence of an economy with accelerating upward movement. Also, today I introduce a new tool for readers the “importance...
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Renewed call for regulation

How apt that my first post in 2010 regards increased regulation of the U.S. financial system. In Atlanta at the American Economic Association’s annual meeting, Federal Reserve Chairman, Ben Bernanke, said that regulation should be the first line of defense against economic crises. He also strongly stated that the Fed should be allowed to raise interest rates to offset the potential effects...
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For the last time in 2009…

…jobless claims in the week just ended were 432,000. That is a decline of 22,000 over the previous week’s total. The recent rise in consumer confidence, the return to “growth” in the economy, and the leveling off of the unemployment situation likely foretells a robust first quarter of 2010 for the economy. As we enter next year the unemployment figure is the figure to...
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Robber barons

Congress is currently considering legislation that will change the way executives in the United States are compensated. Even in these formative stages of the legislation there is tremendous hue and cry from executives of BIG corporations. The gist of their message is: without high pay they cannot attract talent and therefore their businesses are not managed well and ultimately that shareholders...
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Sideways shuffling

I hope that the Holiday season is unfolding with ease and smiles! The economy continues to move in a mostly sideways direction with a slightly upward bias. Some economic statistics bear this out… U.S. Home Prices: The Case-Shiller home-price index was showed that U.S. home prices in October fell 7.3% versus prices in October of 2008. Meanwhile, prices relative to September ’09 were...
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Happy Holidays!

Hello everyone! Happy Holidays! Thank you for your interest in the blog. I wish for each of you a relaxing and rejuvenating holiday season. Jason
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