Recession Diaries
| 3:00PM 12/07/2009
"She's back!" screams the cover of Reason, the magazine "For Free Minds and Free Markets," featuring a photo of right-wing icon Ayn Rand looking suspiciously like the Bride of Frankenstein. (Seriously. Did you ever see the two of them together? I didn't think so.)
Like Frankenstein's monster,...
| 2:45PM 12/03/2009
Real estate prices have bottomed out. Depending on the market-- Las Vegas, Arizona, Southern California -- house prices can be insanely low.
In Broward County, Fla., for example, homes that once cost more than $200,000 can be had for as little as $30,000, many as foreclosures. Now that the days...
| 2:00PM 11/23/2009
Beloved One,
I have the Courage to Crave Indulgence for this most opportune business venture...
Look familiar? A day doesn't go by day that I don't receive an e-mail from people with names like Dr. Fortunate Goodpence or Mrs. Pius Motubo soliciting my aid in recovering millions from banks in...
| 2:00PM 11/11/2009
Consumers are notoriously fickle in their allegiances and interests -- remember those food-assembly kitchens that were all the rage a few years ago? But the recession has sobered buying habits, and increasingly, more companies are viewing Americans' recent conversion to thrift as a long-term trend,...
| 3:30PM 11/09/2009
As he nears the end of the line for his Man in a Van Project, Aaron Heideman of Grants Pass, Ore. has only begun to process the stories he gleaned from his cross-country recession odyssey. After losing jobs himself due to the sour economy-not once, but twice-the 29-year-old set out to chronicle the...
| 3:00PM 11/06/2009
All your life you wanted to do something outlandish for a living. But that cushy corporate gig and the frills attached to it stopped you from turning your passion into a profession.
Enter recession, pink slips and voila your ticket to be your own boss.
Unemployed folks are taking the leap of...
| 12:00PM 11/03/2009
I recently learned how to avoid arguing about money with my spouse from an unlikely source: composer Phillip Glass. Not Glass himself - I'm hip, but I'm not that hip. No, I got marriage and money advice from Glass's setting of the classic Jean Cocteau film Orphée, which is having its West...







