The North American Free Trade Agreement (abbreviated as NAFTA) is a trading agreement between Canada, the United States, and Mexico. The agreement was originally spearheaded by President George H.W. Bush, Canadian Prime Minister Brian Mulroney, and Mexican President Carlos Salinas. These three leaders signed the agreement ceremonially in Santa Fe, TX on December [...]
It seems Texas has arrived to the recession fashionably late, the question now is how long will we stay? The current economic woes began to be felt in some parts of the nation at the end of 2007, the official beginning of this recession. Texas began to feel the squeeze at the end [...]
At a time of great concern over individual economic vitality and our nations economic health we hear arguments for protectionist policies. Protectionism is basically a retreat from global markets and a ramping up of rhetoric like Buy American. This is too simple and too emotional of a response to what amounts to far greater economic [...]
In fact, poll after poll shows widespread collective support among the majority of the Palestinian population for suicide bombers and the destruction of Israel. In a poll just released, [1] the majority of Palestinian respondents 77.2% expressed support for the abduction of the Israeli soldier Gilad Shalit and 60.4% supported the continuation of indiscriminate firing [...]
Is the worst still to come? That is the $789 billion dollar question. Or in the case of Treasury Secretary Timothy Geithner, the 2.5 trillion dollar question. Despite Congress getting ready to vote on the stimulus bill compromise, the Treasury Department getting back to work on the banking system and President Obama’s [...]
There are major stimulus packages being announced all over the world and the biggest of course is the one being proposed by President Obama, 850 Billion dollars - that’s 850 thousand millions! Also included in this list are many major European countries, Australia and our friends North of the Border Canada have all either injected [...]
Chinese antiques shop thinking is not at the top of any to-do list in downtown Shenzhen these days. Shenzhen, beautifully located by the sea near Hong Kong, was the first Special Economic Zone, and has created a magnificent new mega city that produces enormous volumes of luxury products. No autos or microwaves to the world [...]
News of the economy is inescapable these days and most of it is bad news. The economy dominates the headlines, the evening news and our daily conversations. Sorting out what all the terms mean and what they have to do with your individual bottom line can be difficult. Here is a quick [...]
News of the economy is inescapable these days and most of it is bad news. The economy dominates the headlines, the evening news and our daily conversations. Sorting out what all the terms mean and what they have to do with your individual bottom line can be difficult. Here is a quick [...]
After a nail-biting, emotionally-draining year of watching what some people call the most gripping election campaign of modern times, the election now comes down to the opinion of the much-touted undecided voter. Who is this stubbornly indecisive population and why are they taking so long to make up their minds?
Untold millions have been spent [...]
