January 2012 Noteworthy News

January 2012 Noteworthy News

It is becoming prohibitively expensive for the lenders, who rely on cheap short-term financing to fund a part of their balance sheet, to fund for more than 3-5 years, hence, traditional banking, which supports the wider corporate client, is facing further shrinkage  in the corporate banking world. Businesses and motorists are bracing themselves after the [...]
That’ll Be Three French Hens and No Ladies Dancing

That’ll Be Three French Hens and No Ladies Dancing

Thanks to the PNC Christmas Price Index the economy can be tracked when illustrating the purchase of gifts for the traditional Twelve Days of Christmas. The Index shows, in keeping with inflation, Christmas gets more expensive each year with a 1.8% increase over last year; itself an 8.1% increase over the previous year.  This year’s True [...]
June 2009 News, Muse and Views

June 2009 News, Muse and Views

Life on Earth climbs out of the Swamp.... “Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. Purge the rottenness out of the system....” This was the advice given by Hoover’s Treasury Secretary, Mellon, during the Great Depression. “ High costs of living and high living will come down. People will work harder, live [...]