As he confronts the nation's worst financial crisis since the Depression, President-elect Obama has assembled a broad-based team of economic advisers though those who stand closest to him tend to be non-ideological pragmatists. ...more

November 8, 2008

The government will borrow a record $550 billion in the current quarter as it scrambles to fund the huge rescue programs being put in place to deal with the worst financial crisis in seven decades. ...more

November 3, 2008

Buoyed by improved affordability, existing single-family home sales in Hernando County rose in September. ...more

November 2, 2008

Well, you can stall for only so long. Come Tuesday, like it or not, you are going to have to go down to your precinct and pencil in the bubbles. ...more

November 2, 2008

As the economic wreckage piles dangerously higher, the Federal Reserve is prepared to ratchet down interest rates - perhaps to their lowest point in more than four years - with the hope of relieving some of the pain felt by many Americans. ...more

October 27, 2008

President John F. Kennedy asked Americans to ask not what their country could do for them, but what they could do for their country. These days, our two presidential nominees won't dare ask for personal sacrifice. Both are convinced they will lose an election as a result. We're not so sure. ...more

October 22, 2008

Novelist Christopher Buckley, son of the late William F. Buckley, recently endorsed Barack Obama on the Web site the Daily Beast. It resulted in his resignation from the National Review, the conservative magazine his father founded. Excerpts from his endorsement follow: ...more

October 19, 2008

Construction of new homes plunged by a bigger-than-expected amount in September as builders slashed production yet again, putting the country on track to build the fewest homes this year in more than six decades. ...more

October 18, 2008

NEW YORK - The Dow Jones industrials have fallen below the 9,000 mark, hurt by a steep decline in shares of General Motors Corp. The blue chip index is extending its selling to a seventh straight day Thursday as investors grapple with worries about the credit markets and the economy. ...more

October 9, 2008

In response to questions surrounding why Congressman Tim Mahoney voted in favor of the House bill providing a record bailout to the financial institutions, Mahoney replied: "This really was more about Main Street than it was about Wall Street, and what a lot of people don't realize is the interconnectivity between the two, and that's something that was lost on some of my colleagues." Is that what it is all about? Here I thought it was about Mahoney coming to the rescue of his special interests buddies, Freddie Mac and Fannie Mae, from which he has received thousands and thousands of dollars worth of campaign contributions. I guess he forgot to mention that in all of his quotes and interviews, but I can see what he means about this not having to do with Wall Street. I mean who would want to talk about how they are deep in the pocket of special interest groups? ...more

October 9, 2008