There’s no formal economic definition of a depression like there is a recession. That said, a depression is basically a really bad recession. The current environment fits that description aptly. Despite wishes to the contrary, more folks are realizing that we are in the midst of a new depression. Wall Street Journal: International Monetary Fund…
I saw this story on CNN about the vetting process for the Obama administration being too cautious and too meticulous: …some political observers say the president-elect’s similar caution with respect to recruiting new administration officials and key high-level advisers may be turning away a string of qualified candidates wary of subjecting themselves and their families…
Barack Obama won the presidency on a combination of many factors, but one often overlooked by marketing is the absolutely essential use of data. Obama’s campaign under manager David Plouffe was a data machine. Consider: 1. Web sites, social media, blogs, etc. – all with Google Analytics, which you could see on page load. 2.…
I’m very happy that Barack Obama won the presidency of the United States. Here’s what I wonder. His campaign amassed millions of emails and addresses. Just his campaign for announcing Senator Biden as his Vice President brought in millions of SMS numbers. His campaign brought out millions of supporters to canvas for him, to put…
I don’t care who you vote for, just that you vote. Go vote today! And don’t forget once you’ve voted to go get a free cup of coffee at Starbucks. Did you enjoy this blog post? If so, please subscribe right now! Get this and other great articles from the source at www.ChristopherSPenn.com
Earlier this year, we asked our politicians to stand against the bailout, knowing that it would turn into a huge payday for a select few on Wall Street and not help Main Street America. Some did. Some did not. We’ve seen since then how badly abused our trust was, how badly abused our taxpayer dollars…
I figured I’d have some fun and provide a different perspective on the economy. Here’s a link to today’s special from the Financial Aid Podcast – my wishful presidential address. Did you enjoy this blog post? If so, please subscribe right now! Get this and other great articles from the source at www.ChristopherSPenn.com
An Alternative Bailout Proposal Fundamentally, the entire credit crisis has been caused by two basic problems. 1. Too much borrowing. 2. Not enough saving. That sounds really trite and overly simplified, doesn’t it? The fact of the matter is that it’s true. The housing crisis wasn’t caused by a surplus of houses, but by an…
From MSNBC’s homepage: Anyone from President Bush’s administration “tutoring” someone else on foreign policy is a lot like career binge alcoholics tutoring high school students on responsible drinking.
