Spending Rose Less Than Forecast, Price Gains Ease

Things do not look too good when your economists fuddle forecasts.

Economists had forecast a 0.5 percent rise in spending, which accounts for two-thirds of the economy, according to the median of 58 estimates in a Bloomberg News survey. Estimates ranged from gains of 0.3 percent to 0.8 percent.

The yield on U.S. Treasury securities fell and the dollar partially reversed earlier gains. The yield on the benchmark 10- year Treasury note fell to 4.66 percent at 8:55 a.m. in New York from 4.69 percent on April 27.

This can cause bad things to occur. Economic globalization assures that there will be ripple effects felt. This will create other ripple effects that will bounce off and become a new ripple, or a ripple that causes another ripple (etc etc) to come back and affect us.

Reward Yourself With a Vacation

While people are in debt, they continue to enjoy living beyond their financial means. There are two types of living beyond ones means: getting great discounts (thus allowing one to live within ones means, but enjoying the frills of a lifestyle outside ones means) and the second being not getting great discount, and remaining in debt.

Travel is perhaps the most sought after, and expense laden way that people can splurge on and get in debt. All travel expenses are high compared to other forms. However, the domain of hotels is perhaps the easiest area where one can cut costs.

The site hotel reservations is perhaps the best place to look for great deals on hotel rooms, car rentals, flights, and other services one would expect from one of the brand name competitors. It differs from its competition in that it is able to offer much lower discounts on hotels than you can find at popular competitors.

There are more than 70,000 properties available for your consideration on the website. This ranges from hotels to B&B's to condos to all inclusive resorts.

Beyond that, there is a plethora of information available for the inquisitive traveler who might want more than just a room, but wants to book a perfect trip for all to remember in the best light. This is important because if people book trips with less information, then they might not get what they were expecting, good memories. All this is backed by the Hotel Reservations Price Guarantee.

Feel like making a hundred bux? Well, Hotel Reservations offers a rebate coupon that you can easily print. In this way, you are making some extra cash to splurge on a few drinks while you are in your personal paradise, or, you can consider putting that in your savings account for times of need, or to help you get out of debt.

Always remember, that even though the far away places are more appealing, sometimes you can get better deals and have a better time traveling closer to home. The website allows you to find great destinations and fantastic deals just a short drive from wherever you are.

There are just too many good things to write about this website to mention here. So, consider your financial situation. If you have been following this blog for a while, you might just be near the point of being debt free. What better way to reward yourself than taking a vacation and enjoying the frills of high society, at up to seventy percent discount rates from Hotel Reservations.

Crash Coming?

People are claiming that today is too much like back in 1929, before the Great Depression and the stock market collapse. One prudent observer has noticed that many people, like then, are not really paying attention to the significant shifts in how the financial systems work.

People may be conditioned to think that economic events in developing countries pale in significance to economic events in the US, and may fail to see how what happens “way over there” in China would have any significant impact on their economic well-being. But how different the truth really is. I think most people even now after the February 27^th turn of events, fail to grasp why the US stock market sold off so sharply after the Chinese stock market sell off occurred first. The idea that a foreign stock market could dictate what happens in the US stock market almost offends the American sense of national pride (so the event is casually dismissed as “market irrationality”). A word of advice: you better get used to it, as there is much more of that to come. The crash is coming.

While not pleasant to think about, parallels to 1929 exist.

Downturn

If the market is at a peak, then things are looking to turn down. If you own stocks and are in debt, it might be a good time to sell them off.

Consider your own situation. Thinking that being a continuous holder of one stock, even though you are in debt, might have seemed good for the long term when you bought it. You might be wanting to make back whatever you want as part of an overall strategy. Thing is, you should really consider selling even if you have losses because if you do not, it might be to late for you, and you will have even more losses.

Ready for the Ride?

Things at the IMF don't look so great for Mr. Wolfowitz. This is a big blow to this yes man.

This is not the first time that the way the IMF handles things by forcing someone out. Good minds, like Joseph Stiglitz have understood where they stand in the whole scheme of things in this and similar organizations.

Stiglitz left the World Bank upset that the organization did not heed his calls for reform because if the organizations did not reform its policies would crash. They did. He has predicted that the current way that these policies are leading the world, the only end result possible is that of a global economic crash.

Ready for the ride?

Composite Applications

If you are into web development, your skills might be in teh advanced stages. In the era of push button publishing, they no longer have to be. eDeveloper Discovery is a one stop source for your digitial development techniques. The software enviroment is perfect for creating Composite Applications alongside monolithic application solutions on any platform, anytime, anywhere.

The eDeveloper-Discovery Group at Yahoo is a moderated group of Magic staff and Magic users. This enhances the community for newer users since they can gain from the beneficial insight of more experienced software developers. No question is stupid question since it can serve in the future as a reference point for users with a similar question. The hands on learning approach apparently encouraged by the site will reinforce your skills allowing you to better understand the environment of cyberspace.

Great Debt Coming

So, the days of the dust bowl appear to be coming back. Hope you are enjoying your bread. IN the end you won't really have to tell anyone you were not forewarned. This is not to say that you should stock up on spam and other canned foods and head for the hills. Other options exist, like hoping that the droughts are not global, and globalization is at least good for securing the food supply. If the recent Chinese escapades of killing our pets is anything to say, not even that is certain.

First, a link to the story causing concern.

And this blogger nails the grape on the fence with a wrath:

The implications for agriculture and cities in the Southwest are serious and staggering.
"There are going to be some tough decisions on how to allocate water," said Richard Seager, the lead scientist in the study. "Is it going to be the cities, or is it going to be agriculture?"
More evidence that warming is hitting close to home and can’t be ignored by Kansas policymakers.

Peter Belisi: Philanthropist

Peter Belisi is one example of a person that used the advancements in modern information and communications technology to get himself a little cash into his savings. Finding himself with some financial problems, he was able to start an online business so that he could provide a better life for his family. This family consisted of a wife and newborn baby, but no savings.

The high end luxury fashion accessories market is the one he chose after some serious contemplation. However, what is different between his products is not the quality, but the price he has chosen to market his products at. Offering high end lucury handbags, scarfs and ties, rest assured that Mr. Belisi is now well on his way to financial freedom, and in an effort to help others in need, he gives a portion of each purchase, no matter how large or small, to a charity or cause of your choice.

Severe Weather and Debt

Sticking to the topic of insurance, it is important to keep an eye out for natural disasters. If you are living in an area that is prone to natural disasters, and you don't want to find yourself in deep financial trouble should one come around, then it is time for you to get insured. This of course depends on where you live. In Florida for example, it is the storms in the summer through fall that can kill your finances, and set your debt relief efforts back years, if not decades.

The situation in storm affected areas does not seem too good:

Abnormally high temperatures in the Atlantic, where hurricanes frequently form, also factored into Tuesday's prediction. Gray said they are a product of a naturally recurring cycle that is responsible for the recent era of increased storm intensity -- not global warming.

He also agrees with scientists from the National Oceanic and Atmospheric Administration, who on March 8 said there's a good chance that La Nina conditions will emerge in the next two or three months, further increasing the likelihood of an active season.

Characterized by cooling waters in the equatorial Pacific, La Nina has the opposite effect of El Nino. It calms the atmosphere, aiding formation of hurricanes.

But, Klotzbach said, there's not a huge difference between the neutral conditions present now and La Nina. They both make for an ominous six-month hurricane season.

"You can get really active seasons either way," he said. "You just can't have El Nino conditions."

Insurance for your Assets

Florida Business Insurance is available for all Floridian business owners that would prefer to pay a little so that if disaster strikes, you do not find yourself swimming in debt because of unforeseen expenditures.

Secure Insurance Quotes provides people with a great deal of information on the different types of insurance out on the market. Travel, business, dental and title insurance are the areas in which the website specializes in. While so many options exist, the site does a great job in sorting them out by both states and category. Moreover, if you are interested in getting information on whether or not you qualify for certain policies, you can use the “quick qualify option to do so.

Overall, this is a wonderful resource for anyone seeking to assure their assets, from teeth to tools, are protected in the case of disaster.

Iran

The recent crisis with Iran, ouside of the nuclear one, appears to be hitting the economy quite hard. It has always been the belief of this writer that we are going to war with Iran. The plans are set, and our Navy is in the region. Our sattelites are in space, and cyberwarriors always locked and ready to load.

Now, with the recent episode, our British friends are coming to their senses. While Tony Blair at first said no war with Iran, he is now planning a smash and grab operation to get back his men. Israel is hellbent on attacking Iran, so that is four allies.

What about Hezbollah, Syria, and Iran's terrorists proxies you ask? Well, it's quite simple. The UNIFIL Naval contingent in the Eatern Mediterranean is already in place, ready to deal with the threat at the first firing of a Katyusha, zel-zal, or nuke.

Ladies and gentlemen, what has always gotten America out of debt is war.