Financial News

A Microsoft — Yahoo! Merger is Good for Bloggers, the Internet and even Google

February 2, 2008

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 European regulators [...]

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Congress to Pass Stimulus Package While the Band Plays On

January 25, 2008

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 for most taxpayers in the [...]

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How to Prevent Another Subprime Mortgage Debacle (or, “What My Dad Knew Long Ago”)

January 11, 2008

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 because [...]

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The Republican Presidential Candidates’ Health Care Reform Plans–Where’s the Beef?

October 19, 2007

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 these costly plans, [...]

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200 Toddlers Rally Against Hillary Clinton’s Universal Pre-K Plan

October 14, 2007

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 uneventful speech [...]

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The New ‘Baby Bond’–Let’s Give $5,000 To Every Child Born in the U.S.

October 1, 2007

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 ever heard. Well now [...]

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Hillary Clinton’s Health Care Plan – A Detailed Analysis

September 26, 2007

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.” She also promises [...]

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Miles Levin Remembered

August 21, 2007

The blogging community lost a good soul this past Sunday. His name was Miles Levin. He was six days shy of his 19th birthday. He started blogging in 2005 and talked about his battle with a pediatric cancer called alveolar rhabdomyosarcoma, a cancer that strangles the muscle tissues. A few months ago, recognizing that death [...]

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Housing Down Until 2009 and Prime Borrowers Struggling to Pay

July 26, 2007

This week two housing items were released that bode well for buyers, but not so well for sellers. The first is that the CEO of Countrywide Financial believes that a housing rebound won’t surface until at least 2009. The second is that delinquencies by prime borrowers (yes, prime) on second lien loans (e.g., home equity [...]

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