Why Are Voters The Last To Know?

By Larry M. Elkin, CPA, CFP®
January 20, 2010
I am writing this post at 11:30 a.m. on Tuesday. The polls in Massachusetts have been open less than five hours, and there are more than eight hours to go before they close. Yet I believe political insiders already know that state Sen. Scott Brown, the Republican, has upset Democratic attorney general Martha Coakley for the [...]
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Winds Of Political Change Blow In Massachusetts

By Larry M. Elkin, CPA, CFP®
January 19, 2010
Democrats lose races in Massachusetts about as often as the Harlem Globetrotters lose basketball games, which is why today’s special election in that state is so interesting. Some polls last week indicated that Republican candidate Scott Brown, a state senator, has a chance to beat Democratic attorney general Martha Coakley in today’s balloting to fill the [...]
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Going Where The Money Is

By Larry M. Elkin, CPA, CFP®
January 15, 2010
Question: What do Willie Sutton, Cristina Kirchner and Barack Obama have in common? Answer: They all target banks, because that’s where the money is. Question: Of the three, who is the only one to make peace with the bankers? Answer: Sutton, the career criminal. Before he died in 1980, he made a television commercial for New Britain Bank [...]
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The Big Rigs Run Through It

By Larry M. Elkin, CPA, CFP®
January 14, 2010
In Missoula, Mont., traffic signals will be moved and power lines will be buried later this year, because the big rigs are coming to town. The Kearl Oil Sands Project in northeastern Alberta is scheduled to get under way in 2012. But, before Imperial Oil Resources and ExxonMobil Canada can begin extracting oil in an enormous [...]
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Dissatisfied Workers? Not Here

By Larry M. Elkin, CPA, CFP®
January 13, 2010
According to a new study that has been getting a lot of attention, only 45 percent of Americans are satisfied with their jobs. The job satisfaction survey commissioned by the Conference Board research group was first conducted in 1987 and has been conducted every year since 2005. Never before have so few people said they were [...]
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An Old TV War Horse Gets A New Look

By Larry M. Elkin, CPA, CFP®
January 12, 2010
I became interested in business and economics not long after I graduated from college, thanks in part to the Nightly Business Report on PBS. Anchor Paul Kangas and his colleagues filled me in on the financial news of the day. They got me interested in the stock market, helped me follow the explosive growth of mutual [...]
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A Well-Intentioned Law May Keep Older Americans Unemployed

By Larry M. Elkin, CPA, CFP®
January 11, 2010
Many older Americans who have seen their savings hit hard during the past year are now postponing their retirement plans. A recent study revealed that 44 percent of workers aged 50 and over intend to extend their working years as a result of the recession. If they can, that is. Older employees, in general, have fared better [...]
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Seeking A Slice Of ‘Onshoring’ Pie

By Larry M. Elkin, CPA, CFP®
January 8, 2010
When Ohio’s Democratic Gov. Ted Strickland shared a table at a White House state dinner with Indian businessman Ratan Tata, he was, in the eyes of some, dining with the enemy. Strickland’s state faced a 10.6 percent unemployment rate in October, higher than the national average of 10 percent. Meanwhile, the Tata Group’s Tata Consultancy Services [...]
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Put Eco-Vigilantes Out Of Business

By Larry M. Elkin, CPA, CFP®
January 7, 2010
Thanks purely to luck, nobody died yesterday when a Japanese whaling vessel collided in Antarctic waters with a speedboat manned by anti-whaling activists. Global governments should stop these confrontations before everybody’s luck runs out. The government-linked Institute of Cetacean Research conducts Japan’s annual whale hunt in the Antarctic summer, allegedly in the name of science. But [...]
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Paying For What We Watch

By Larry M. Elkin, CPA, CFP®
January 6, 2010
There were only a few channels on TV when I was a kid. Everyone watched them, and we watched the commercials that came with them, too. Now the business model of advertising-supported broadcast television is breaking down. Customers with cable or satellite service pick from a huge number of channels, drastically reducing the audience that any [...]
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