Don’t Quit Your Day Job – Personal Finance, Economics and Investing

Enlightened Discussion for the Night and Weekend Crowd.



Quick Update: Massachusetts Senate Race

Posted by PKamp3 On January - 18 - 2010

We’re a week closer to a potential upset in the special Massachusetts senate race (scheduled for voting tomorrow). The last 4 polling companies that have weighed in (according to Real Clear Politics data) come in at +10, +5, +10 and +3 Brown, and were all conducted since 1/14. These polls generally estimate a larger than normal turnout for a special election; only two candidates are on the ballot and there aren’t any initiatives to vote on. They also suggest slightly positive ratings for President Obama among likely voters, although potentially under 50 percent.

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Do You Feel Lucky?

Posted by PKamp3 On September - 7 - 2009

Feeling lucky? The Wall Street Journal recently ran an article suggesting investors take a look at health care stocks. The article makes the argument that an aging population and potential congressional mandates for people to buy health insurance make the health care sector a decent place to look for some growth in the medium to longer term. Politically, it’s impossible to read the tea leaves. However, could the story be on to something?

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The Next Bubble: Your Taxes

Posted by PKamp3 On August - 6 - 2009

It’s a quickly moving target, but as of August 04, 2009, the national debt is $11,653,350,207,790.34. With 307,212,123 people in the country (July Estimate), that works out to $37,932.59 per person. President Obama promised on the campaign trail to not raise taxes on people making under $250,000 annually. Is that promise now on shaky ground?

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Health Care Reform Part 1: Lies, Damn Lies, and Statistics

Posted by PKamp3 On June - 27 - 2009

Where did the estimate of 46 million people in America without health insurance come from? You probably have health insurance through your employer or through some other means. However, there are people in this country without insurance. What does it mean, and why is the number’s background not nearly as scary as the number itself? Read on…

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Of Risk and Men

Posted by PKamp3 On June - 27 - 2009

Can states default on their debt? The state of California has been in the news recently because of a $24.3 billion gap in funding. Is it possible that we may soon hear of a state actually going ‘bankrupt’? What are the economic and political ramifications if California takes such a step?

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