Tag Archives: Economy

January Budget

The best-laid plans of mice and men often go awry.  We exited the Christmas financial bleed looking pretty good.  We’d avoided putting anything on credit and had sufficient remaining funds in January to have a clean month and still put … Continue reading

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10 Reasons to Love a Downturn

Ted Murphy wrote an excellent post on 10 reasons to love a downturn. I especially like “Spend time with your family and friends. Enjoy each other and create a support network to get through to better financial times.”  What a … Continue reading

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Does it really matter?

I was talking with a friend of mine after writing my last blog post.  We talked about the presidential race, the current economic crisis, and the banks in Iceland, among a smattering of other popular topics of current interest.  My … Continue reading

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FreeCreditReport.com

We’ve all seen the advertisement….”shoulda gone to FREEEE credit report dot coowmmm” with the happy hippy college grad playing his banjo in a themed restaurant and then his beater car.  The principles offered in the commercial of monitoring your credit … Continue reading

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How to survive an economic crisis?

I am hearing so much talk about the bailout, failure of the bailout, failure of the financial markets, and the impending doom we are all promised is rolling up our driveways.  However, I find myself not alone from my friends … Continue reading

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An escalator to nowhere

I was pondering the US$700 billion bailout package for the U.S. financial institutions this morning and couldn’t help but think of Gravina Island.  The fact that we aren’t giving any incentive for borrowers to change their habits by simply bailing … Continue reading

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$5M for streetcar extension plans?

I wouldn’t usually get involved in local politics, but this story caused me to raise an eyebrow: http://www.oregonlive.com/environment/index.ssf/2008/08/pdc_board_oks_5_million_for_st.html We’re spending $5M on the plans for a streetcar extension that may or may not get funded?  Granted that I really have … Continue reading

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Obidallah Azimi

This is Obidallah Azimi.  He is a university student in Afghanistan.  Obidallah owns a retail store and is looking to expand his business to provide for his family.  I loaned Obidallah $25 in order for him to expand his store.  … Continue reading

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What the hell were they thinking?

It’s when I read articles like this that I realize just how naive most people want to be:  http://blog.oregonlive.com/breakingnews/2008/06/oregons_housing_slump_hits_hom.html. Specifically I’m referring to the section where the home-building industry “didn’t think the boom and bust would be so severe.”  Let’s step … Continue reading

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