MEMBER SIGN IN
Not a member? Become one today!
         iBerkshires     Williamstown Chamber     Williams College     Your Government     Land & Housing Debate
Search
Home About Archives RSS Feed
The Independent Investor: The Elephant in the Room
By Bill Schmick,
03:27PM / Thursday, October 23, 2014
Important
1
Interesting
1
Funny
0
Awesome
0
Infuriating
0
Ridiculous
0

Mid-term elections are less than two weeks away. Issues, for the most part, have fallen by the wayside as pure politics runs amuck. No wonder voter turnout is traditionally so poor in this midterm madness.

Republicans are running against an unpopular president and are expected to sweep both houses of Congress. All they have to do is keep the focus on President Obama while mobilizing their die-hard base.  That strategy appears to be highly effective so why worry about mundane things like issues? After all, if voters don't care, why should they?

Both parties' campaigns are now dictated by whatever voters are worrying about on a day-by-day basis.  The fear of an

0 Comments
Read More >>

The Independent Investor: OPEC's Oil Ploy
By Bill Schmick,
01:29PM / Friday, October 17, 2014
Important
0
Interesting
0
Funny
0
Awesome
0
Infuriating
0
Ridiculous
0

Over the last four months, Americans have received an early Christmas present. The price of oil has dropped precipitously, benefiting both corporations as well as the consumer. But that could be a two-edged sword for this nation.

Brent crude, the global oil benchmark in the futures market, has declined 23 percent since its June price of $115 per barrel. Today it is trading below $83 per barrel, providing an enormous windfall in cost savings for all of us. The retail price of gasoline has dropped 15 percent during the same time period to a national average of $3.17 a gallon. Every one-cent decline in gas prices equals about a $1 billion drop in energy spending, according to

0 Comments
Read More >>

The Independent Investor: Why Is This Recovery Different?
By Bill Schmick,
03:59PM / Thursday, October 09, 2014
Important
1
Interesting
0
Funny
0
Awesome
0
Infuriating
0
Ridiculous
0

The stock markets are at record highs. Interest rates are at record lows. The unemployment rate is below 6 percent and yet, most Americans are unhappy. They are not feeling the recovery. Why?

The answer to that question is complicated. But let's start with the financial crisis. Like the Crash of 1929, the events of 2008-2009 were also the result of a credit crisis. The country's financial system was on the brink of a meltdown. In the 1930s, a lot of banks went under.  That was averted this time by spending massive amounts of money to shore up our financial institutions. However, the damage was done.

We lost trust. For the first time in three generations, Americans

0 Comments
Read More >>

The Independent Investor: Money & Divorce — What You Should Know
By Bill Schmick,
06:27PM / Thursday, October 02, 2014
Important
0
Interesting
0
Funny
0
Awesome
0
Infuriating
0
Ridiculous
0

You never paid attention to the family finances. Suddenly, your spouse wants a divorce. Fortunately, it's an amicable separation and you agree to split things up equitably. Where do you begin?

The above scenario is much more common than you think since the odds that your marriage will end in divorce are about even at best. More than 50 percent of first marriages end in divorce and 60 percent of remarriages, so the statistics are weighted against a successful marriage in America. It is extremely important therefore that both spouses understand their current financial situation and what their income needs will be post-divorce.

First, think of what your immediate cash needs

0 Comments
Read More >>

The Independent Investor: Is Wall Street Responsible for Climate Change?
By Bill Schmick,
10:57PM / Friday, September 26, 2014
Important
0
Interesting
0
Funny
0
Awesome
0
Infuriating
0
Ridiculous
0

Monday's Wall Street sit-in by a few hundred radicals would lead us to believe that Wall Street is responsible for the present changes in the world's climate. Maybe so, but remember this, what Wall Street has done, it can also undo.

Readers know that I am no apologist for big business, the financial community or Wall Street. As for climate change, I am clearly on the side of those 300,000-plus people who participated in the People's Climate March on Sunday. The earth is in jeopardy today thanks to carbon emissions generated by fossil fuels.

The simplistic approach, preferred by this "Flood Wall Street" crowd, condemns Corporate America, Capitalism in

0 Comments
Read More >>

Williamstown.com is owned and operated by: Boxcar Media 106 Main Sreet, P.O. Box 1787 North Adams, MA 01247 -- T. 413-663-3384 F.413-663-3615
© 2008 Boxcar Media LLC - All rights reserved