Posts Tagged ‘social’
Armchair Finance

Question: Economics knowledge books?
Hi, I am a middle schooler and I am very interested in economics, business, investing, marketing, finance, etc.
My mom is not American and my family in general does not know much on these topics.
I have read: Freakonomics, Armchair Economist, Capitalism vs Socialism, and these were the only books in my school, unfortunately.
What would you recommend for me to read to get a general idea of money? (economy, etc)
Thanks!
Answer: http://mises.org/store/Lessons-for-the-Young-Economist-P10422.aspx
Gold To Drop Armchair Technical Analysis and Soccer is Boring
American Auto Finance General

Question: Here we go again....Should the American people get automatic stock since we are the financiers?
WASHINGTON - A person with knowledge of the matter says the government is moving ahead on a fresh multibillion dollar cash infusion to stabilize auto financing company GMAC Financial Services.
GMAC, based in Detroit, is instrumental to the operations of automakers General Motors Co. and Chrysler Group LLC. It has already received $12.5 billion in taxpayer money and is 35 percent owned by the federal government.
The person, who spoke on condition of anonymity because discussions weren't complete, says the new infusion would be in the range of another $3 billion. That would fall short of the roughly $6 billion the government had earlier thought GMAC would need to stabilize the company.
An announcement of the injection is expected to come soon.
Chuck-Thanks for the link. They read the Bill twice then sent to Committee on Banking, Housing,and Urban Affairs.
I doubt we see a dime.
Answer: There has already been a Bill introduced in the Senate to do exactly that.
http://thomas.loc.gov/cgi-bin/query/D?c111:1:./temp/~c111JJUzLg::
S.1198
General Motors to Leave Detroit? Obama Approval Rises; George4title; Tea Party 2.0