Does this TARP make my assets look fat?

Janes, what if we asked to borrow $100 dollars for our aunt’s operation, and we used it to buy her a cell phone instead? Maybe she needs the phone to call an ambulance. Maybe she never needed an operation. Maybe we don’t even have an aunt. Or maybe we do.
The point [...]

*TiVo Alert*

 Barack Obama will be meeting with more than a dozen economic advisors and business leaders for a confab on fixing the broken economy.  After the meeting, Obama will hold his first press availability as President-elect, expected about 2:30 p.m. EST.

Porcus Politicus

  After months of hearing John McCain promise to cut “pork” from the federal budget, a Jane wrote to CJP yesterday to ask the obvious question, “Just what exactly is pork anyway?”
“Pork” is from the Latin, “porcus” (we’re not kidding), meaning pig, but the term you’ll hear in politics is “pork barrel spending.”  It refers to [...]

McCain rolls out plan to resuscitate economy…

  John McCain is in Blue Bell, PA today unveiling his plans to give the economy the paddles of life in light of its current flat line status.  McCain focuses his relief on seniors,parents, homeowners, businesses and the unemployed, and uses mostly tax breaks and one giant federal program to get the job done.  So as [...]

Dow closes up 936 points.

   The Dow Jones industrial average shot up nearly 1,000 points today on news that European governments would prop up their banks, and more details from bailout czar Neel Kashkari about how the fix is going to be implemented. The real problem remains in the credit markets, and we’ll know how they’re doing once the bond [...]

Obama rolls out new proposals to fix the economy.

  Barack Obama and John McCain both spoke about the economy in speeches today.  We’ll take up Obama’s speech now, since he laid out a new set of economic proposals to address the meltdown. McCain’s campaign says he’ll have new plans to unveil tomorrow, so we’ll hold off on Johnny Mac until then.   
Obama today proposed:

A [...]

Today in financial catastrophes…

It wouldn’t be a weekday without the market swinging up and down at a dizzying rate, would it? We didn’t think so…and we were right. Well Janes, here’s your financial recap for the day. We hope it’ll help you be the smartest gals around, and help you keep your hard-earned savings as safe as possible!
 

The [...]

President Bush tells nation not to worry

Did you miss President Bush’s address to the nation this morning? It’s okay, we did too. That’s why we dug up the full text of the speech here so you can read it for yourselves. His main goal was to ask the American people to have confidence, since increasing anxiety is only futher causing the [...]