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Entries Tagged as 'Economy'

I Hate Tuesday, and So Does the Post Office

February 3rd, 2009 3 Comments

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 [...]

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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 [...]

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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, [...]

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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 [...]

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Saving Is In Again: Thomas Stanley on the Glutton Economy

October 15th, 2008 4 Comments

Thanks to this week’s Carnival of Personal Finance at Budgets are $exy for pointing to this post. Have a minute? Check out the roundup there. I hope to highlight at least one post I loved later this week. Hemispheres, the United in-flight magazine, just published a short piece I wrote last spring about saving to [...]

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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 [...]

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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 [...]

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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 [...]

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