Posts belonging to Category 'Economy'

Extreme Summer In Ocean City, Maryland

This is the week Ocean City, Maryland, businesses have been waiting for . . . for the last three summers.
A banner weekend, probably more people than July 4 weekend. Saturday was the hottest day of the summer (I hope we don’t get any more 110-degree heat index days), and the moon was full in a cloudless [...]

Ocean City Summer Season, Halfway Already!

They played the All-Star Game this week — I’ve been so busy I didn’t know it was coming up until the day after.
I always mark the All-Star Game as the halfway point in the Ocean City summer business season, not so much because the game’s in mid-July, but because it’s halfway between May 1 and Sept. [...]

Long, Hot Summer of Crisis; Summer of Work

Since when do U.S. generals give interviews to Rolling Stone?
Double-dip recession? There was never any real question of that. You can see bigger storm clouds on the horizon. Of course, they could blow over. You never know.
BP lies. So which big corporation can you trust?
What about government? Everyone turns to the federal government. But what [...]

America, First In The Future

We’re going to make America first in the future, not just the past.”
There it is. Write it down. Send it to the printer. Barack Obama said it today, in Ohio. “We’re going to make America first in the future, not just the past.” You can put that on your bumper sticker.
“Make America Great In The [...]

Economic Status Report, Spring 2010

In New York, the Dow-Jones closed above 11,000 today, and the Newsweek cover proclaims “America’s Back!”
Maybe so. But one Ocean City businessman told me today:
The recovery is affecting Wall Street, and a little recovery might be trickling down to Main Street, but recovery hasn’t started on the side street.”
I’ve been looking for a good economic [...]

Condo Auctions In Ocean City, MD

Will the recent pre-spring condo auctions establish a bottom, or a floor, for condo prices in Ocean City, Maryland? I hope so, but I do not know.
All 20 condos offered for sale at the Bahia Vista I and II, on Edgewater Avenue between 10th and 11th Streets, were reported sold at two auctions, one in [...]

‘Depression Amidst The Fun’ — See Lost On The Shore

I want to call your attention to a very though-provoking article on the state of the Worcester County economy over at Lost On The Shore, which is one of Maryland’s best political blogs.
<a href=”http://blogitti.blogiche.com/”>Blogitti<⁄a>
The post is entitled “Depression Amidst The Fun,” and as you might gather from the title, it paints a gloomy picture. The [...]

Ocean City Summer Jobs

Job Fair Saturday
The 25th Annual Ocean City Job Fair will be 9 a.m. to 2 p.m. this Saturday, March 6, 2010, at the Ocean City Convention Center, located at 40th Street. Please dress appropriately.
Many seasonal jobs are available in Ocean City, Maryland, mostly in the resort’s restaurants and hotels. In this competitive economy, it’s [...]

Health Care: Are Your Representatives Part of the Problem Or Part of the Solution?

Maryland On My Mind has never done this before, but today I’m posting an e-mail in it’s entirety from TrueMajority, which is associated with MoveOn.org.
But first, I would like to propose a simplified health-care bill, something along the lines of:

This act extends Medicare to all U.S citizens.
The U.S. courts shall impose penalties ranging from five [...]

Antidote for Economic Denial: “The Ring of Fire”

Maryland On My Mind takes a break from our wall-to-wall winter weather coverage to ponder our economic predicament.
It’s so rare that I find a graph I can actually understand. Here’s something interesting, courtesy of  PIMCO’s Bill Gross:
“The most vulnerable countries in 2010 are shown in PIMCO’s chart “The Ring of Fire.” These red zone countries [...]