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Hobby or Not?

7 February, 2010

When you think modification of a car is only wasting money then you cannot put car modification into your hobby. Is it good to modify your car? It is depending on your style because car modification can be good hobby for some people but not for other people. If you like to modify your car then you should check some places which will give you good car accessories as the part of modification for your car. It is very nice thing for all people who love to modify that they like to buy car accessories. Which one do you prefer? Buying car accessories from online merchant or just from ordinary conventional store? I prefer to buy from online merchant because it is faster and easier than visiting conventional stores.

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Outlook 2010

7 February, 2010

Outlook 2010: Is the recovery for real? The economy is growing again, but there’s reason to worry the better times won’t last.

Outlook 2010: When will the job market rebound? While employment is rising, in a few key sectors the losses look permanent.

Outlook 2010: Is this a real estate boom or a bubble? Housing prices have been defying gravity, but 2010 may bring back some sanity.

Outlook 2010: What’s next for the loonie? The dollar looks likely to remain strong for a while now. But does it really matter?

Outlook 2010: Are the deficits here to stay? As Ottawa trims to tackle the fiscal hole, what America does might matter more.

Outlook 2010: Is America really insolvent?

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Obama’s New Budget Bids Fairwell To Cell Phone Tax

6 February, 2010

It looks like the Republicans and Democrats can reach across the aisle.

Some of the time.

On Saturday, a White House Official told the Associated Press that it plans to repeal the 1989 cell phone tax. In fact, the promise of this repeal is included in President Barack Obama’s new budget and spending plan for 2011.   

If you’re like the rest of America, you’re probably scratching your head right now. Cell phone tax?

Perhaps a discussion on “taxable fringe benefits” is mandated before we go any further.  A taxable fringe benefit is considered pay, even if it’s not monetary. The use of a company-owned Blackberry, for example, is a taxable fringe benefit. The employe

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Market forecast for 2010

4 February, 2010

Today I’m going to make a forecast for the three main asset classes for 2010. It will, of course, be wrong.

What good is a forecast, you might ask, if it’s destined to be incorrect? The answer lies in the belief that having some kind of a plan, faulty though it may be, is better than having no plan. If you don’t have a sense of where the market is headed, you won’t be able to adjust when the market fails to go where you predicted it would go, because you won’t know it’s not going where you thought it would, if you get my drift.

To say the same thing in another way, early in my career I was counseled to never not have an opinion on the future direction of the market.

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Obama’s Budget: A Big Leg Up For Small Businesses?

3 February, 2010

Not surprisingly, President Obama’s recently released budget proposal for fiscal year 2011 has elicited polarized views from the business community. He’s beginning to stand up to Wall Street and large corporations, at least rhetorically, while promising much-needed relief for small to mid-size businesses (US News). 

Beyond the president’s expected populist stance, however, are a few arguably substantive budget proposals for Main Street:

    $30 Billion for Small Business Loans (Reuters): The cash, from repaid TARP bank bailout funds, would be funneled into small- and medium-sized banks with assets under $10 billion. Incentives 

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