Archive for October, 2009

31
Oct

Happy Halloween!

Posted by The Weakonomist in Saturday, October 31st 2009   Comments Off   

I could say something about how capitalism has ruined this holiday, but it’s going to be one of the few times of the year that The Sheconomist will let me eat tons of candy without getting in trouble.
But you don’t get off scott free, your homework before the kids come by the house is the [...]

under: weakend    
30
Oct

The Recession Is Over! And It Means Nothing!

Posted by The Weakonomist in Friday, October 30th 2009   4 comments already   

The biggest news of the week is no doubt the GDP numbers for the 3rd Quarter of 2009.  Gross domestic product grew at a 3.5% annual rate, which means over the quarter the economy grew 3.5/4 = 0.875% which is actually a large amount for a developed nation.  When you consider we’ve had lower GDP [...]

under: economics    
29
Oct

Tim Geithner’s Secret Wall Street Bailout Through AIG

Posted by The Weakonomist in Thursday, October 29th 2009   5 comments already   

Before Timothy Geithner was the Secretary of the Treasury of the United States, he was President of the New-York branch of the Federal Reserve.  It’s largely considered one of the top positions within the Fed, behind the chairman, Ben Bernanke.
Back in 2008, Timmy was running the show on Wall Street.  The NY Fed was [...]

under: banking, government    
28
Oct

The Story Behind Prescription Drug Advertisements

Posted by The Weakonomist in Wednesday, October 28th 2009   4 comments already   

Logically speaking, it doesn’t make a whole lot of sense to advertise prescription drugs to consumers. All the ad money should be going to pushing doctors, that way when we go in to see our docs they know what products to sell you prescriptions to write for you. But the logical consumer is [...]

under: business, government    
27
Oct

Insurance Companies May Not Be The Healthcare Cost Enemy

Posted by The Weakonomist in Tuesday, October 27th 2009   1 comment so far   

Farm and construction machinery, Hershey sweets, Yahoo!, railroads, and Tupperware.  What do these things all have in common?  They’re all more profitable than the health insurance industry.  That’s right, the industry that is making “immoral profits” (Nancy Pelosi) can’t even turn out a margin higher than Tupperware.  In 2008, health insurance companies as an industry [...]

under: business, economics, government    
26
Oct

Reader Question: FAUX News & Advertising

Posted by The Weakonomist in Monday, October 26th 2009   1 comment so far   

I don’t get many reader questions, and when I do most of them are asking for financial advice which I tend to shy away from.  But a great question found its way into my inbox last week.

I have recently been addicted to the TV Show Glee… but I am anti-conservative and don’t want to support [...]

under: business    
24
Oct

Weakend: WEDINATOR

Posted by The Weakonomist in Saturday, October 24th 2009   4 comments already   

As many of you know The Weakonomist and The Sheconomist are engaged to be wed. We’re scheduled to get married sometime this fall (and it may have already happened) and so wedding stuff is fresh on our minds. The stresses of wedding planning are no laughing matter. But thankfully these wedding related [...]

under: links, lists    
23
Oct

Stop Giving Away Your Information!

Posted by The Weakonomist in Friday, October 23rd 2009   6 comments already   

This is a short post today because the point is easy to make: STOP GIVING AWAY YOUR INFORMATION!!
Do you think you are one of the select few that does not give away your information?  What do you do when you make a purchase and the store asks for your phone number?  Yeah, you give it [...]

under: business, personal finance, technology    
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