What good is Tuesday? It lacks the rev-up of a Monday and the cruising altitude of Wednesday. Tuesday’s paper is slim and tight-lipped, still recovering from the Monday blues. It rarely has a thing to say. And TV — well, before Tivo, anyway, the only thing to look forward to on a Tuesday night used [...]
Entries Tagged as 'Economy'
I Hate Tuesday, and So Does the Post Office
February 3rd, 2009 3 Comments
Tags: Buffy the Vampire Slayer · mailman · post office · Tuesday
Minneapolis Parents May Pay for All-Day Kindergarten Next Year
January 16th, 2009 2 Comments
Principals of Minneapolis schools learned yesterday that budget shortfalls will rule out publicly funded all-day Kindergarten next year for many of them. At an open house at Armatage K-5 school last night, principal Joan Franks apologized to prospective parents (those with children who will start Kindergarten next fall) who had been told at last weekend’s [...]
Tags: K-12 · Kindergarten · Minneapolis Minnesota
Zero Based Budgeting, What Is
December 5th, 2008 No Comments
The Star Tribune (Minneapolis/St. Paul, Minn.) ran an almost comical teaser story the other day about the state budget deficit that was officially announced yesterday (or if you still prefer to get your news a day late in physical form, like me, today). In it, the reporter spent lots of time with the budget gurus, [...]
Tags: Budget · Business · Cost-benefit analysis · Deficit · Minnesota · Resource allocation · Star Tribune · United States
Why I’m Voting for Barack Obama
November 4th, 2008 1 Comment
Since I’m already breaking one cultural taboo in talking about money, I thought I’d go for all three today. One of the reasons I started this blog was to work out my own fraught relationship with money. I was raised to believe what Jesus said: “It is easier for a camel to go through the [...]
Tags: eye of a needle · guilt · Jesus · Marianne Williamson · think big
Understanding the Bailout: Real Work Just Beginning
October 6th, 2008 1 Comment
How will the bailout actually affect us? The rationale was to buy up all the bad housing loans that are sinking the balance sheets of major financial institutions. Kind of like if you had bought up a whole bunch of beachfront property to flip right before the housing downturn. Uh-oh, no way you can sell [...]
Tags: credit · George Soros
Pass the Bailout
September 30th, 2008 No Comments
I thought the bailout plan would pass, and by Sunday, given the compromises all sides had agreed to, I hoped it would. Over the weekend I absorbed hours of commentary on the big-picture reasons to take action now, which boil down to easing panic, shoring up confidence, and getting banks back to their normal day-to-day [...]
Tags: pass the bailout
Trickle Down Bailout
September 23rd, 2008 2 Comments
Is this really happening before our eyes? Congress is just going to make a lot of noise and then pass this massive bailout, which may or may not do anything to stop this crisis and shore up the economy, and which gives yet another murky agency with no oversight carte blanche to do whatever it [...]
Tags: 30 percent rule of thumb · bailout · continuous-workout mortgages · Robert Shiller
