Monthly Archives: April 2011
Ryan budget plan relies on discredited supply side economics
The Bush tax cuts were the last foray into supply side economics, which led to wage deflation, job stagnation and astronomical deficits.Paying kids for grades | Capitalism in action
Should parents pay kids for getting good grades? If accompanied by lessons on the value of money, it can help produce a shrewd capitalist.Oil and gas destined to fall as prices pinch consumer demand
Despite rampant speculation, oil and gas prices are expected to stabilize when consumers reach the point that they refuse to pay the price.Credit bureau Experian accused of fraud in California lawsuit
Experian, one of the three credit reporting bureaus, is being sued for fraud for selling credit reports information that is worthless.Doing the math on urban farming
Some enterprising individuals are turning urban gardening into urban farming -- trying to turn backyard gardens into profitable farms.March retail sales increase comes with many investor caveats
After being expected to register the first decline since 2009, retail sales surprisingly increased in March, but stiff headwinds lie ahead.Consumers opting to pay credit cards over mortgages
Underwater mortgages have encouraged consumers to pay credit cards instead, according to a recent study by the TransUnion credit bureau.How to remove a co-signer from a student loan
If you've co-signed on a student loan but want out, there are a few things you can try to have your name removed from the paperwork.Reading between the lines of a hedge fund industry comeback
Billions are pouring into the hedge fund industry, but most firms have yet to reach high water mark and performance numbers may be skewed.Legal spat over financial protection bureau continues
The legal battle over the Consumer Financial Protection Bureau continues, as legislators try to gut the agency before it starts operating.International Monetary Fund calls for changes to mortgage lending
The International Monetary Fund, in studying the housing market, has determined that the government needs to get out of the lending business.Wireless payment network to debut in Salt Lake City
A wireless payment network is going to be unveiled in Salt Lake City. People with phones that have NFC technology will barely need a wallet.City of San Francisco grants Twitter a payroll tax break
The San Francisco Board of Supervisors has voted in favor of granting Twitter and other technology companies a sizable payroll tax holiday.Rent beginning to rise nationwide as fewer buy homes
As fewer people are able to buy real estate, more people are moving into rental properties. Rent is starting rise nationwide as a result.Transocean execs donate safety bonus after firestorm of criticism
After bad media coverage for doling out safety bonuses for 2010, Transocean executives donated cash to victims of the Deepwater Horizon disaster.Bizarre tax deductions to brighten your tax day
Here are some of the more bizarre tax deductions ever attempted in the United States. File under “Don't try this at home.”Ryan budget plan: Medicare reform to offset tax cuts for the rich
The GOP plan to cut spending by $5 trillion in 10 years includes cutting Medicare and making the Bush administration's tax cuts permanent.
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