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In 1945 all of the industrial nations met in Breton Woods, N.H., to discuss currencies in a global environment. These nations decided that the American dollar should be the international currency, because it was gold backed, America was the leading manufacturing giant, and was a responsible country. All of these nations pledged to peg their currency to the dollar, as it was gold backed, making their currency gold backed. Things changed through the years, as in 1971 Nixon removed the gold backing from the dollar, showing irresponsibility to the rest of the world. America then started to expand its money supply from $800 billion to $2.4 trillion (in 2010). So, we made a conscious decision to inflate the dollar by 200 percent. Forcing all of the countries that were pegged to the dollar to expand their money supply, in order to keep the same currency conversions.
Denial’s worked pretty well for me so far. But as I type with trembling fingers, reality is seeping in. Just after Christmas, my family is moving. To Seattle. I know. From sunshine to rain. But then, change is as inevitable as the lights that twinkle along Chandler Boulevard during the holidays each year. And so, I have to embrace one more in a long lifetime of transitions.
So you’re going for it — a new home! But when it comes to applying for your new loan, there are eight new requirements that go into effect starting in January you’ll want to become familiar with.
Maricopa County has seen a rise in the number of people burning wood on No Burn Days in the past two years and if the trend continues it could result in higher fines and tougher restrictions in years to come.
So here we are, December, again. As I get older it certainly seems to get here faster every year. I feel like I was just chatting with folks about what may happen in real estate in 2013. It turned out we had some interesting things happen here in our market. The year started off strong with lots of appreciation and a great demand from buyers. The buying frenzy continued through June until it sort of fell off a cliff in the summer. When we usually see the October pick up, the government shut down for three weeks and that changed the typical cycle for that time of year. We had a nice increase in buyer interest towards the end of the year and from what we can see now the spring season will be typical for our area.
The state Game and Fish Department is spending about a million dollars a year in travel that may not be necessary or appropriate, state auditors reported Thursday.
With time running short, the nation’s health care rolls still aren’t filling up fast enough.
A federal appeals court may be poised to void a decision by Gov. Jan Brewer to deny driver's licenses to “dreamers” the Obama administration has allowed to stay and work in this country.
Small Business Saturday is gaining in popularity, according to a new survey by the National Federation of Independent Business (NFIB).
‘Tis the season! Over the next few weeks, schedules are filled with shopping, holiday parties, relatives, financial pressures, obligations, and plenty of food and spirits. Socializing during the holidays can be stressful and challenging, especially if your friends and family are not as health-conscious as you. The abundance of holiday treats and homemade goodies can be hard to resist. Fortunately, there’s plenty you can do to avoid holiday weight gain, manage your blood sugars, stay healthy, happy and fit, and enjoy celebrating the holidays.
Dec. 14 marks the one-year anniversary of the tragic shootings at Sandy Hook Elementary School in Newtown, Conn. After that tragedy the entire country wanted to know how such a terrible thing could happen. And more importantly, how can we prevent it from ever happening again?
Unwilling to wait for congressional action, a first-term state legislator is attempting to clip the wings of the National Security Agency, at least in Arizona.
Readers of this newspaper might like to know how the federal government’s monetary and fiscal policies will affect them.
A free-market advocacy group claims that the decision by Gov. Jan Brewer to expand the state's Medicaid program will immediately increase the number of people in the program by nearly 90 percent.
Businesses, churches and individuals are coming together across Ahwatukee Foothills to provide Christmas cheer to kids and teens in local foster group homes.
Supporters of the Independent Redistricting Commission want a federal court to rule that the Arizona Legislature has no right to challenge the voter-approved law.
The state Court of Appeals will decide whether groups that run commercials publicly criticizing elected officials and candidates right before an election have to disclose their donors.
Recently I saw a story about 10 tons of marijuana being seized at the Arizona border, and I couldn’t help but think, “Why?” Why are our brave police officers and border patrol agents wasting their time on seizing marijuana when there are millions of dollars of dangerous hard drugs and thousands of illegal immigrants slipping through the border?
Every family looks forward to the day when the “big envelope” arrives in the mail announcing an acceptance into their child’s college of choice. After the rounds of congratulations and phone calls to family and friends comes the reality of financing four years of tuition, room, board, books and living expenses. How will you pay for college? Understanding the sources of college funding is an important component of your college plan.
In his Nov. 6 AFN guest commentary, “Culture is not a costume,” Dr. Neal Lester addresses the “controversy” of the refusal of the Washington Redskins owner to change the team name to something less “offensive.”
Is it me or does it seem this time of year things seem less stressful, more fun, and energizing?
Have Americans lost hope? The trust-deficit between them and their policymakers is distressingly large, with only 19 percent, according to an October Pew poll, who say that they have faith that the government will do what is right just about always or most of the time.
According to a recent survey by financial services firm Edward Jones, some Americans are planning to hold on to their wallets this holiday season.
The state’s jobless rate dropped last month — but just a bit — indicating that Arizona’s recovery is languishing.
I was born on Thanksgiving Day, Nov. 25, 1926. I tell people I came out of a turkey but I’ve been trying to fly like an eagle all my life. So you can imagine my thoughts if God gave me one wish before I check out.