Archive for June, 2009

20
Jun

Weakend: Obama Has Mad Skills

Posted by The Weakonomist in Saturday, June 20th 2009   3 comments already   

Last year, I somewhat reluctantly endorsed Barack Obama for president.  Mostly because I felt like he would actually make a difference, but also because I liked him.  Based on the votes, most of you probably agree with me.  Since January, he has successfully hit the ground running and he’s already paying for it with a [...]

under: government, weakend    
19
Jun

Weakonomics Links: Fruguilty

Posted by The Weakonomist in Friday, June 19th 2009   2 comments already   

Ramit Sethi is the man behind I Will Teach You To Be Rich, a personal finance blog and book that is considered “controversial” by the mostly conservative personal finance community.  Despite the poor branding that makes the site look like some kind of money scam, Sethi is actually a brilliant guy. The premise behind it [...]

under: links    
18
Jun

What’s All This Talk Of Hyperinflation And Deflation About?

Posted by The Weakonomist in Thursday, June 18th 2009   10 comments already   

If you read the economic news like my fiance does anything with Kate Gosselin’s picture on the cover then you’ve been hearing a lot about hyperinflation lately.  If you don’t then here’s a little catch-up.
Inflation is the increase in the price of goods over time.  It’s usually around 2-3% which is generally considered stable. [...]

under: economics, government    
17
Jun

Craig Karmin Is Signing The Winning Book! Enter Now!!!!

Posted by The Weakonomist in Wednesday, June 17th 2009   Comments Off   

I’ve spoken with the author of Biography of the Dollar and he is now going to send out a signed copy to the winning entry for our contest!!!!
You only have 24 hours left to enter!!  Have you entered yet?
Do it now!!

under: books    
17
Jun

Double Dip Recession: We May Only Be Out of Dip #1

Posted by The Weakonomist in Wednesday, June 17th 2009   2 comments already   

Most of us imagine recessions as a V shape on a graph.  Things are good, then they go bad, hit bottom, and go back up again.  Using the S&P 500 as a metric of the economy you can see we’ve got the beginning of a pretty good looking “V”.

Special note, this graph has been reposted [...]

under: banking, business, economics    
16
Jun

How To Write Your Congressmen And Senators

Posted by The Weakonomist in Tuesday, June 16th 2009   1 comment so far   

Earlier today I shared my story about Returned Check Fees.  The end result is that it’s a bogus fee banks charge simply because they can get away with it.  I also shared that I wrote my lawmakers in Washington DC because I don’t think this fee is fair.
Here is how you write your Congressman, woman, [...]

under: government    
16
Jun

The Weakonomist Gets His First (And Last) Returned Check Fee

Posted by The Weakonomist in Tuesday, June 16th 2009   12 comments already   

The “Returned Check Fee” is a ridiculous and collusive fee that needs to be stopped.  It’s odd for me to say that considering I am an employee and shareholder of my bank, fee income like returned check fees help pay my salary and dividends.  But I’m a consumer above all else, and refuse to get [...]

under: banking, business, personal finance    
15
Jun

When A $300,000 Parking Space Is Worth It

Posted by The Weakonomist in Monday, June 15th 2009   1 comment so far   

If you follow me on Twitter you may have seen this story last week.  The short version is that someone purchased a parking space for $300,000.  If you live in an area where you park for free or super cheap every day, you might see this as ridiculous.

The $300k parking space immediately became a prime [...]

under: cars, personal finance, weaky    
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