I want to make a prediction about what Wall Street is going to do today. Watch closely and I bet you will see it decline at least a little, if not rather sharply. On what do I base this prediction? It is the economic news the government will be releasing today. From all indications,...
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It is officially the news, Mary Fallin will face Jari Askins in November and after the smoke clears and the dust settles, Oklahoma will have it’s first woman governor. It wasn’t much of a surprise to see Fallin defeat State Senator Randy Brogdon for the GOP nomination. Even though I supported Brogdon, we all...
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For weeks now, we have been watching the unfolding disaster in the Gulf of Mexico. The oil spill is nowhere near being contained or stopped, much less cleaned up and it is clear to everyone that the effects it will have on our country are very long-term in nature. What the end outcome will...
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I was rather busy at work yesterday and didn’t have time to follow much of the news, but sometime during the day, I heard one of our customers say something about Wall Street taking a dive. Needless to say, it piqued my interest and I followed up on the story last night and this...
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One of the most dreaded words or terms heard in the corporate world is downsizing. Simply put, it usually means several people are about to lose their jobs, at the very least. It can throw entire areas into turmoil, if enough people are put out of work. If it is dreaded in the corporate...
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It was a question that was asked at least twice on the Sunday talk shows this past weekend. Depending on who you were talking to, you could have received a couple of different answers. Larry Summers, who is the top economic adviser to the White House was asked that question on ABC’s This Week...
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If our country were not having such economic trouble, it would be completely hilarious to watch economists and other so-called experts trying to predict what our economy is going to do next. Anyone who happens to be paying attention to the news knows that unemployment is higher than it has been for years. Twenty-six...
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Does it seem odd to anyone else that the organization who controls over 40% of the oil production in the world holds in their hands the power to cause the price of said oil to rise or fall, as they see fit? I know this is not a new thing, but I can’t help...
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After having his highly publicized summer vacation with his family interrupted by the death of Senator Ted Kennedy, President Obama has returned from Martha’s Vineyard and is back at the White House. To say that he has a full plate in front of him would be a bit of an understatement. Front and center...
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I have to be honest with you, I had no idea who CIT was until this morning. As I was browsing the news, I came across a headline that intrigued me, so I clicked on the Associated Press link and discovered that yet another credit lender is in trouble. CIT Group, Inc. is one...
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