Archive for June, 2009

30
Jun

Weaky #15: $60,000 Gluttony

Posted by The Weakonomist in Tuesday, June 30th 2009   9 comments already   

This might be one of those posts that pisses off some people.  I’m going to attack a woman, use her as an example, and then draw a conclusion about fat people from it.
MSNBC met up Mary Uhazi, who over course of a few decades of credit based spending has run up over $60,000 in credit [...]

under: loans, personal finance, weaky    
29
Jun

The Case For And Against Keynes And Spending

Posted by The Weakonomist in Monday, June 29th 2009   10 comments already   

John Maynard Keynes was and remains the most controversial economist of the short existence (relative) of the dismal science, economics.  So powerful influential was he, that an entire school of thought is named after him, Keynesian Economics.  Keynesian economics promotes a number of ideas I disagree with, most notably, and the subject of today’s post [...]

under: economics, government, personal finance    
27
Jun

Weakend: Reader Feedback

Posted by The Weakonomist in Saturday, June 27th 2009   2 comments already   

Hey faithful readers.  I don’t do this very often mostly because I pretend not to care what you or anyone else thinks.  In all honesty, The Weakonomist doesn’t give a poop, but Philip does.  In my recent giveaway I received a number of email entries and some contained very kind words about how much they [...]

under: personal, weakend    
26
Jun

Weakonomics Links: Mythbusting The Dow

Posted by The Weakonomist in Friday, June 26th 2009   4 comments already   

I’ve written before why I don’t like the Dow Jones Industrial Average. Manshu from OneMint.com gets a little more scientific in the breakdown of the rumored flaws in the Dow. In separate instances I was surprised, expectant, and educated. This was a great read in which Manshu breaks down some of the [...]

under: investing, links, lists, personal, personal finance    
25
Jun

What Is A Green Shoot?

Posted by The Weakonomist in Thursday, June 25th 2009   2 comments already   

CNBC, Wall Street Journal, Bloomberg, Telegraph UK, Financial Times, New York Times, and of course investment blogs have all been talking about green shoots lately.  It’s a mysterious term that emerged from the bowels of the media and has gained traction like a cat chasing a ghost on some carpet.  So what is it?  Well, [...]

under: economics, investing    
24
Jun

Weakonomics Tour of the Country:  Maryland

Posted by The Weakonomist in Wednesday, June 24th 2009   5 comments already   

AKA the “More Diversified Than An Index Fund” State

Maryland was the 7th state to ratify the Constitution.  It was started by a guy who wanted to set up a colonial presence for Catholics.  It was named after the Catholic wife of the Protestant King Charles I, Henrietta Maria.  Maryland is sandwiched between Pennsylvania, Delaware, West [...]

under: economics, government, tour of the country    
23
Jun

Habitat For Humanity – Why Are You Still Building Houses?

Posted by The Weakonomist in Tuesday, June 23rd 2009   6 comments already   

It’s easy for me to attack organizations like the United Way because of their bloated staff which keeps the underlying charities from getting much of your donation.  I’ll even criticize a charity that gives away money or food for not going after the actual underlying problem.  They are needed of course, but I’d rather give [...]

under: economics, loans    
22
Jun

Two Lessons in Behavioral Finance, Courtesy of Trading Places

Posted by The Weakonomist in Monday, June 22nd 2009   3 comments already   

If you aren’t familiar with Trading Places it’s an 80s movie with Dan Akroyd and Eddie Murphy. In it, Akroyd plays a rich boy investor for a prestigious company. Murphy is a homeless con-man. The owners of the company conspire to sabotage Akroyd’s life in an experiment, essentially putting Murphy in his [...]

under: investing    
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