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Markets Round Trip for Second week

 

For the second week in a row, the markets ended up at almost exactly the same place or higher then they started.  Despite the shutdown, the debt ceiling and the market sell-offs they have induced, the markets are telling us to ignore this drama. read more…

Cashless Society, think again

 

While the government shuts down and the markets swoon over the debt ceiling drama and the future of the U.S. financial system, the United States Federal Reserve Bank issued a new version of the $100 bill this week. Demand for the new bill is quite brisk, thank you. read more…

The Nation’s Largest Lay-off

As the shutdown progresses through its first week, the Federal government, the nation’s largest employer, is laying off between 800,000 and one million employees. In an economy that is already coping with a 7.3% unemployment rate, that’s bad news. read more…

The Droning of America

 

Whether you call them unmanned aerial vehicles, remotely piloted aircraft or simply drones, these remote-controlled devices are expected to become a big business both here and abroad over the next decade. The question is whether this new technology will impact our lives in ways we are willing to accept. read more…

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About Bill

Bill Schmick was born in a blue-collar neighborhood of Philadelphia, just a few blocks north of “Rocky Balboa” territory where most of his Catholic schoolmates grew up to be either cops or criminals. He narrowly escaped both professions by volunteering to fight in Vietnam as a U.S. Marine... Read More

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