Ten For Tuesday (January 27, 2009)

Here is this week’s Ten For Tuesday. Enjoy.

1. Forecasters are predicting a historic drop in retail sales for 2009.

2. Democrats are trying to lower economic expectations. Look, I know the economy stinks. I just think it’s funny how they didn’t do this during the election.

3. The Finance Buff has a not-so-favorable review of Phil Town’s book, “Rule #1.” The book has been out a long time. I’m only mentioning this review because I have always thought Phil Town was full of…

4. WIN a copy of Kay Bell’s book.

5. Wanna lose a lot of money really quickly? The Digerati Life shows how trading stocks is a great way to lose money.

6. Here are 6 ways to motivate yourself.

7. Lazy Man has some ways to save money on utilitities. My house is nearly 50-years old. It would take a sizeable investment to make it energy-efficient.

8. Has tipping gotten way out of hand? Weigh in with your opinion.

9. Meg talks about her refinancing.

10. Lastly, here are 5 ways to take advantage of deflation.

3 thoughts on “Ten For Tuesday (January 27, 2009)”

  1. I don’t know what election campaign you followed, but in the one I followed the Democrats made it perfectly clear that the eight years of Bush economic policies gave us the worst recession since World War II. The trickle down economic policies started by Regan in 1980 have been a complete failure and have created an elite class of wealth and greed while leaving the rest of the population worse off.

  2. John,

    I’m gonna have to disagree with you. Trickle down economics wasn’t the problem. It was stupidity on the parts of those involved and the response of our government trying to bailout stupidity that are causing our problems.

    Finally, don’t give Clinton a free ride on this deal. He was president when the economy started turning south. Bush didn’t inherit the best of circumstances.

  3. Thanks for the link JLP!

    People need some basic economic education and need to use their own common sense rather than be spoon fed by the media.

    Couple of Ayn Rand quotes:

    “Government “help” to business is just as disastrous as government persecution… the only way a government can be of service to national prosperity is by keeping its hands off. ”

    “It only stands to reason that where there’s sacrifice, there’s someone collecting the sacrificial offerings. Where there’s service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master. ”

    “The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities. “

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