recession
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Surviving Dark Economic Times: A Non-Profit’s Employees Take a Stand
The National Audubon Society, like so many other businesses and organizations in the United States, is struggling with the current economic recession. So much so, that they have made a significant push for contributions from their own employees. More
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President Obama: The Economy versus Climate Change
While President Obama makes strides towards dealing with the issue of climate change, many prefer that he focus on fixing the recession first. Republicans like Rush Limbaugh have been quite vocal about it but other political figures like Tony Blair say that climate change must not fall victim to the recession. Can President Obama realistically […] More
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Japan Keeps Company With America In More Ways Than One
While the U.S. is fretting and fuming, Japan seems to have its own share of problems. The Japanese economy has been relatively insulated from the collapse of the U.S. credit and housing markets that precipitated the global crisis but the truth is that it faces its worst economic crisis since World War Two. More
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Warren Buffett Talks About the Economy on Nightly Business Report’s 30th Anniversary Show
Warren Buffett, the chairman of Berkshire Hathaway says that President Obama’s #1 job is to fix is the economy but even though we have “got the right person in the operating room, but it doesn’t mean the patient is going to leave the hospital tomorrow.” In an exclusive interview with PBS’s Nightly Business Report, Warren […] More
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2008….Cause For Inspiration? The Economic Year In Review
2008 – what a year! As we get ready to draw the curtains on one of the most unsettling economic years in history, we the writers of the Inspired Economist are still wondering… was this year one that has left our battered economy begging for inspiration? Or have the sustainable events of 2008 spearheaded the initiation of what we believe is truly an Inspired Economy?
2008 was about the $700 billion bailout. Foreclosures. The plummeting stock market. As the year came to a close, the nation’s economic turmoil battled with the presidential election. But it was also a time when new businesses were born into what appears to be an unprecedented sustainability boom. When energy, economy and environment have taken on a new and inter-dependent definition. More
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How Alan Greenspan Tricked America
Mr. Greenspan quiets the crowd and lowers his voice solemnly. “Now I shall perform the grand finale of the evening. Mr. America if you would be so kind as to allow me your services for one final trick?” Mr. America steps back onto the stage, flushed with excitement, the one hundred dollar bill remains in the box. More
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Economy In Recession: The Cost Of Allowing Lehman Brothers to Fail
The failure of Lehman Brothers is seen as the last straw that broke the credit market. The financial markets have been in a state of complete disarray ever since the U.S. Government allowed Lehman Brothers to file for bankruptcy on September 15th 2008 instead of intervening to save it, as it did with Bear Sterns […] More