Well well well WaLTER MARTINEZ SERVED ON TEH CITY COUNCIL FROM 1985 TO 1992, Walter examined the statements and concluded that  $608,000 from 200508 that Market Square brought in was diverted to SA Parks Foundation and the General Fund.  And the parking lot that produced $327,000 in 2008, well that was diverted to other non…

Price earnings ratios are falling. And earnings are falling faster. This means that since the denominator is going down, the stock price is going down as well. Dividend yields are about 6% at market bottoms. but as firms cut dividends, this means it is harder and harder to find a 6% yield. This means, yes,…

Price earnings ratios are falling. And earnings are falling faster. This means that since the denominator is going down, the stock price is going down as well. Dividend yields are about 6% at market bottoms. but as firms cut dividends, this means it is harder and harder to find a 6% yield. This means, yes,…

Credit crunch may only have just begun, S&P warns By Alistair Barr, MarketWatchLast Update: 5:18 PM ET Feb 20, 2009 SAN FRANCISCO (MarketWatch) — The credit crunch may only be in its early stages and a bigger contraction in lending in coming months could have "serious implications" for the U.S. economy, Standard & Poor's Rating…

In  a never ending quest to get more of your money, the Transportation Secy has suggested taxing us on the miles we drive, in addition of course, to the gas taxes we already pay. This would require all cars and trucks be equipped with a gps, a transponder, a clock and other stuff. This would…

Swedish automaker Saab filed for bankruptcy in Sweden. Interestingly the Swedish government did not come to the automaker's aid. Saturn is for sale and will not be supported by GM beyond 2011, which in itself may be wishful thinking.  GM is required to show some re organization efforts so here we are. I did see a suggestion…

ON Feb 15   the plan to sell money losing Market Square was kaput. Now the site may be leased to the Cortez Group which is already a tenant. The Mahoy and a majority of the City Council opposed the sale because I think the level of anger was becasued even if we have city facilities…

One upon a time What was good for GM was good for America. At this moment, I suspect that is still true.  Columnist Cal Thomas suggests suggests that we slowly let GM and Chrysler go. Let’s apply some critical thinking to that suggestion.  The companies that Cal mentions going out of business, Studebaker, Packard, Hudson…

New problems are fostering new approaches to bankrutptcy. Now a new 'chapter' has been proposed to keep the bills paid.  The fear of a GM bankruptcy is that it would cascade across the supplier breaking them and taking down the entire industry. 

What next, DVDs sales down over 6%. In my lifetime the delivery of electronic entertainment has undergone several changes.  In music we went from records and reel to reel tape to eight track to cassettes to CDs to iTune downloads. In movies we went from movies at the theater to television (really commercially successful in…