A Trillion Here, A Trillion There and Pretty Soon We're Talking Real Money

Recently, Bloomberg reported that the Federal Reserve has pledged more than $7.4 trillion to help work the credit markets loose. They are doing this while the FHA is backing more subprime loans, many of which originating with the same people who brought us to this crisis, are being made—loans that could finally kill the US economy for good.

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Posted: 11/24/2008 | Comments (0)

Recession-proof Your Business

Federal Reserve Chairman Ben Bernanke climbed Capital Hill on Wednesday with some bad news. "It now appears likely that gross domestic product (GDP) will not grow much, if at all, over the first half of 2008 and could even contract slightly." By one definition of the word, six consecutive months of decline in the GDP (the value of all goods and services produced in the United States) constitutes a recession. What can you do to protect your business? Read on.

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Posted: 4/3/2008 | Comments (1)