I'm sure I'm nowhere near the first to remark on this, but it has recently hit me on several levels. CNN just reported a moment ago that American newspapers are in severe trouble, partly because of the economic downturn yes, which means less people buy newspapers, but also less advertisers h...

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At a time when charity dollars are scarce, the best way to fight global poverty is through small "microloans" to individual entrepreneurs, usually women. This proven strategy can be expanded to reach many more hard-working poor so they can lift themselves out of poverty. Let's ask world leaders to e...

Larry Flynt of Hustler and Joe Francis of Girls Gone Wild have decided to ask the US government for a $5 billion bailout for the porn industry. Flynt explains it thus: People are too depressed to be sexually active. This is very unhealthy as a nation. Americans can do without cars and such but they ...

According to the ancient Chinese calender, that is popular all over Asia, 2009 is the year of the ox. This calm and trustworthy animal is a symbol of prosperity through fortitude and hard work. When even the Wall Street Journal follows the lead of Treehugger, and introduces frugal advice for How to ...

I was quite happy to notice that its another big celebration moment for my native Finland. This autumn brought 50 years of computers in Finland. And computers have been a very significant part of my life and professional career, so I have plenty to be personally happy about it too. So I got into one...

The lamestream media told you: The economy is in the pits, hard times are upon us, consumers aren't spending, you should be very worried and there's plenty of blame to go around. Stay tuned for the opinions again of three......

The New York Times covers the Fed’s rate cut yesterday. A few interesting tidbits from the article: …the Fed bluntly announced that it would print as much money as necessary to revive the frozen credit markets and fight what is shaping up as the nation’s worst economic downturn since W...

My very, very smart friend, Colin, and I were discussing the bankruptcy of the Tribune Company. In December 2007, Sam Zell bought the "Chicago Tribune" and "Los Angeles Times" for $13 billion. Almost all of the deal was debt. He invested $315 million. The rest of the deal was financed by borrowing a...