Financial Crisis

Japan Needs Our Help!

March 16, 2011

Japan was recently hit with a devastating 8.9 earthquake that also triggered a tsunami wave that has claimed thousands of lives and ruined even more households.  Natural disasters can be destructive and very costly for nations, economies, and residents.  People in Japan have been left without water, food, power, and shelter. Japan is a nation [...]

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My New Year’s Resolution is to Want Less.

January 24, 2011

A few months ago I met Regan in my neighbourhood Starbucks.  Regan lives a very simple life that is not focused around, or ruled by money.  His extreme minimalist lifestyle has made me re-evaluate everything in my materialistic lifestyle.  I live in a world that is completely ruled by money. This is mostly because I [...]

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I’m Engaged! The (Financial) Journey Ahead Of Us

September 27, 2010

After three years of dating I decided it was the right time for to ask my girlfriend the question I have been waiting to ask for a long time: Will you marry me? And the answer, of course, was YES! While we are definitely enjoying our new relationship status, inevitably we are looking towards the [...]

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What Have You Cut in the Last 2 years?

May 17, 2010
Thumbnail image for What Have You Cut in the Last 2 years?

With the economic crisis over the last couple of years, people have been losing their jobs left and right. As people lose their jobs it is sure that they have had to make some adjustments in their personal budgets. My question to you is what personal monetary sacrifices (if any) have you had to make [...]

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Weekly Recap: What we can learn from Greece

May 14, 2010

Happy Friday Dinks! Ok this week in our round up we will discuss Greece.  If you have turned on any news channel or opened any newspaper in the last three weeks you have probably seen something about Greece and their financial crisis. Today we aren’t going to discuss what the problem is we are going [...]

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How Lehman Hid Its Woes

March 14, 2010

I wanted to share a bit about the recent release of the “coroner’s report” on the demise of Lehman Brothers. A friend of mine actually helped with the 2,200 page summary of the downfall, and I thought you might be interested in the highlights from the New York Times article, “Report Details How Lehman Hid [...]

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Reagan’s Budget Chief on Budget Reforms

February 15, 2010

Following up on our post from PBS News Hour on how Goldman Sachs is leveraging the bailout funds to make money off of taxpayers, we wanted to also share this video from PBS. Hear what Reagan’s former budget chief defends Obama’s budget reforms and pressures congress to be harder on banks. Tell us what your [...]

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Is Taxpayer Money Behind Profits at Goldman Sachs?

February 13, 2010

We wanted to share this short video from PBS NewsHour about how Goldman Sachs has been working the system and milking a profit from tax payers. They essentially are borrowing money from taxpayers, buying federal reserves, and making a hefty profit. If that isn’t corruption then I don’t know what is. Why don’t more people [...]

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Corporate Bailouts and the BCS

January 20, 2010

On Friday, January 1st of this year, the Ohio State Buckeyes defeated the Oregon Ducks in the Rose Bowl; the following week Alabama and Texas played in a dramatic Bowl Championship Series (BCS) National Championship Game, with Texas’ young second-string quarterback unable to solve the NFL-prospect laden Alabama defense. It was one of the most [...]

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The "Aughts" In Review

January 4, 2010

The Washington Post had an excellent article/graph the other day about the year 2000-09, essentially saying that after numerous consecutive decades of growth, our economy in the first decade of the 21st century was at best stagnant (“The Lost Decade For the Economy“). I suppose two recessions will do that. To quote the article: Job [...]

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