Microsoft announced yesterday that it has made a $44.6 billion unsolicited offer to buy Yahoo! The bid consists of Microsoft stock and cash, and represents a 62% premium over the closing price of Yahoo!’s stock on Thursday. While the transaction will be scrutinized by the Federal Trade Commission, the Department of Justice, and [...]
Photo: Mike Licht
Fears of recession combined with an election year equal a chicken in every pot. The chicken that congressional leaders and the White House cooked up yesterday will cost our grandchildren about $150 billion plus interest. That’s right, the government is passing out money to the tune of $600 to $1,200 [...]
This is a guest post from a good friend and former colleague named Peter. If you’d like to write for TDR, please drop me a line.
Photo Credit: woodleywonderworksRemember when “junk bond” was a dirty word? People and companies bought these newfangled high-interest rate bonds without fully appreciating that the interest rates were high [...]
Health care for an aging U.S. population is and will be a major monetary issue for all of us. The democratic candidates each have put forth plans for Universal Health Care. These plans will cost us an amount equal to the GNP of many small countries. Voters need to see alternatives to [...]
Miami Beach, Florida (9/28/07)–Today Hillary Clinton unveiled her plan for Universal Pre-K. A $5 to $10 billion a year proposal to provide four year olds a “high-quality pre-kindergarten program,” Clinton said it was aimed at giving them a “chance to succeed and to fulfill his or her God-given potential.” What began as an [...]
I’ve got an idea. Why doesn’t the U.S. government give $5,000 to every child born in the U.S.? The money can grow tax free, and the child can use the money for college when he or she finishes high school. Now I know what you’re thinking. That’s the dumbest idea you’ve [...]
Senator Hillary Clinton unveiled her health care reform plan, called the American Health Choices Plan. Clinton’s health care plan promises to bring health insurance to every American. Clinton promises lower insurance premiums for every American, improved delivery of health care, health insurance for all, and a “net tax cut for American taxpayers.” [...]
How much will Hillary Clinton’s health care reform plan cost you and is it worth it? How much will you save from Mitt Romney’s proposal to eliminate tax on interest, dividends and capital gains? What are the key elements of John Edwards’ energy plan and how will it affect your pocket book? [...]
There has been a lot going on in personal finance this week and here are some great things to check out:
Alternative Non-Renewable Income: Selling Your Stuff @ I’ve Paid For This Twice Already. I’ve got to make sure my wife reads this!
Plato: The Philosopher King @ The Financial Philosopher. Maybe it’s [...]