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Topic: investment
U.S. Market Meltdown: Three times is enemy action
September 23, 2008 | 
James Bond’s wealthy nemesis may have had an obsession with gold, but he judged, quite correctly, that if people keep putting your plans awry, that was likely their intent.
“Once is happenstance. Twice is coincidence. Three times is Enemy Action.” — Auric Goldfinger, Ian Fleming’s James Bond
In 1982, the same year John McCain entered the Senate, a bill was put forward that would substantially deregulate the Savings and Loan industry. The Garn-St. Germain Depository Institutions Act was an initiative of the Reagan administration, and was largely authored by lobbyists for the S&L industry — including John McCain’s warm-up speaker at the convention, Fred Thompson. The official description of the bill was “An act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans.” Considering where things stand in 2008, that may sound dubious. It should. «Read the rest of this article»
Sections: Business, Opinion, Politics | No Comments
Plan for the future with faith-based or socially responsible investments
By Rev. Charles Moreland | August 31, 2008 |
Financially these are tumultuous days for our country, the world, and us, the residents of Clarksville. Throughout the the globe the past six months are conspicuous and striking by the burgeoning financial foreboding. Daily new on the monetary condition of the globe is tortuous. Car manufacturers recently reported that June was a “disastrous” month for sales. We wait with bated breath for this plight to hit bottom; instead more bad news is announced.
A recent USA Today headline proclaimed “Rising prices hammer seniors on fixed income.” Food and medication goes out of reach for some. These are troublesome times, too, for parents, single or married, for grandparents and all adults. «Read the rest of this article»
Sections: Business, Opinion, Spirituality | 1 Comment »
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