Now that Pres. Elect Obama is done with the election, with a decisive victory, control of both the House and the Senate, what is in store for the country?
We still have a little over two months before he officially becomes president. With that kind of available time, there’s still significant things that can happen before [...]

With a fairly decisive victory last night, Pres. Elect Barack Obama is set to be sworn in as the 44th president on January 20, 2009. He is also the first African-American to hold the highest office in the United States.
All in all, the Democratic party made an impressive showing on these elections. The Senate is [...]

Sunday, the federal government signed the first paperwork to start disbursing part of the $700 Billion from the recent Wall Street Bailout bill.  This is the first ‘handout’ to the banking system, designed to stabilize the banks, and by extension the credit markets and larger economic markets.
The recapitalization of the banks should ‘hopefully’ alleviate the [...]

Last week was quite a debacle for Wall Street. Even with the bailout money approved, the whole world seems to be rocking back and forth in this financial storm.
It’s an exciting time, no matter what what your funds are doing. Economists are planning careers based on the last couple of weeks, and new courses in [...]

Yesterday, in a surprising turn of events, the House of Representatives turned down the proposed $700 billion bank rescue plan. This in turn, caused the Dow Jones market to go into free-fall, accumulating the largest one-day drop in a couple-odd decades. Markets around the world reacted, mostly in sympathy, with the U.S. market, racking up [...]