Slow Recovery Forces Small Business Owners to Help Themselves to Survive and Grow
Region: MarylandTell small business owners the economy is getting better and you might get a slightly confused look. Sure, the numbers are moving in the right direction and there are some indications recovery is taking hold: empty storefronts are being filled, construction seems to be starting and help wanted signs are springing up next to the spring flowers. But it’s tough to be optimistic when it’s a challenge to get acc... more
Views: 1167Recent Trends in Mobile Application
Region: MarylandAlmost 40 percent of mobile app developers are taking part in the Millennial Media. Promoting new apps is the major focus for these developers in 2012. There is a lot of potential for mobile app development in the near future, according to analysts. Apart from that, the revenue is increasing for app develope... more
Views: 1594How to Fund a Hedge Fund
Region: MarylandYesterday, we received a letter from Smart Investing Daily reader L.D. This question was different from other questions we've fielded so far... I have been a Professor of Business Law in New Orleans, Louisiana for a number of years and have been fortunate to meet many people here in the business community. Recently, I was asked by one of my foreign students if I ever considered becoming an intermediary or third... more
Views: 967The Lender of Last Resort
Region: MarylandToday we begin with the Rothschilds. The following is taken from a London letter, sent to the Rothschild's New York operators on commencing business in the U.S.: The few who can understand the system will be either so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while, on the other hand, that great body of people, mentally incapable of compr... more
Views: 882'For the Sake of the Children,' Let Social Security Die
Region: MarylandSocial Security, Medicare and Medicaid are bound to fail. Rather than fight the inevitable, we should let these programs die gracefully. I always hate it when a politician says, "For the sake of the children." It's really just code for "we're going to tax you." In this case, however, it really is for our children's future that the elderly MUST allow these massive Ponzi schemes to be shut down. Now, I don't mean t... more
Views: 845A Lesson from Charlie Sheen (about the Stock Market)
Region: MarylandMaybe I am a fan of Charlie's because of his role in the movie Wall Street, which motivated my career in finance. Perhaps it's the fact that I have enjoyed his films and his comedy. I have to admit that Mr. Sheen has been accused of (and is guilty of) actions that I do not approve of or condone, but what I have found interesting is undeniable about the man -- he speaks his truth! (As irrational as it may seem or... more
Views: 935The Cost of High Crude Oil Prices
Region: MarylandCrude oil prices are approaching a 2 1/2 year high, ending at $105.79 on Friday... a gain of 1.3%. Take a look at this chart: View larger chart Over the past five months -- until late February -- crude oil prices trended higher within the channel drawn in green. Even during the Egyptian uprising, prices stayed within the channel, and actually slid all the way back below $90 a barrel. Then Libya took center stage.... more
Views: 1726No extra-strength Tylenol, Please.
Region: Maryland
FDA suggests people should take 4 grams as the maximum daily dose of Tylenol, Johnson & Johnson's 50-year-old painkiller, to prevent liver injury. Outside advisors to FDA backed the suggestion in a 21-16 vote today in Adelphi, Maryland. Specifically, single adults should lower the current 1,000 milligrams, or two extra-strength tablets, to the suggested 650 milligrams,or t... more
Views: 1544U.S. Congress Approves Nuke Deal with India
Region: Maryland
Washington, DC (GroundReport) - According to published reports, the US Congress has put its stamp of approval on the controversial Indo-US nuclear deal. The deal, entered into between Prime Minister Manmohan Singh and President George W Bush three years ago, was approved by the Senate with 86 voting for and 13 against with bi-partisan support, reports APakistanNews. The deal was nearly brought down by the UPA Gov... more
Views: 1270The Party's Over on Wall St; $700B Rescue plan announced to halt credit crisis
Region: Maryland
Washington DC, MD (Marketsblog) - U.S. lawmakers have come up with a plan to rescue the financial system in the country from the persitent effects of the credit crunch. The plan involves buying up to $700 billion worth of bad debt from ailing banks hit by the credit crisis, say published reports. In return, the U.S. government gets a stake in these firms while executive pay at the banks will be curbed. President Bus... more
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