Somewhat buried in all of the talk about fiscal stimulus, bank bailouts, auto company bankruptcies and the generally awful state of the world has been the predicament that the various states of the Republic are experiencing. The fiscal stimulus plan sticks a wad of gum in this rather large breach in the dike but it won’t […]
Archive for February 16th, 2009
How Do The States Cope With Monumental Problems?
Posted by Tom Lindmark on February 16th, 2009
Posted in Uncategorized 
Tags: fiscal stimulus, pension plans, property taxes, state budgets 
69 Comments »Japan May Be Nearing A Radical Move To Save Its Economy
Posted by Tom Lindmark on February 16th, 2009
What do you do when you’ve tried just about every avenue economists have dreamed up to stimulate your economy and it just keeps going the wrong way? We may be about to find out. Japan’s economy has been on a roller coaster for a long time. They went to zero interest rates long ago and […]
Can International Exposure Tank Your Next Stock Pick?
Posted by Tom Lindmark on February 16th, 2009
I was catching up on some reading today and worked my way through John Mauldin’s recent missive. He had an interesting factoid. According to Mr. Mauldin, 40% of the earnings for the S&P companies come from outside the U.S. Whoa! I suppose I should have thought about that but I haven’t. That is one big […]
A Different Perspective On Stimulus From The ECB
Posted by Tom Lindmark on February 16th, 2009
The European Central Bank has come under fire for being much too slow to move against the economic crisis. Maybe they’re on the right track. At a speech today in Brussells, Jean-Claude Trichet warned against laying the seeds for the economic crisis via the solutions imposed on this one. Specifically, Mr. Trichet suggested that not […]
