Political Calculations
December 21, 2007

Carnival Midway from The Jerk Welcome to the Friday, December 21, 2007 edition of On the Moneyed Midways, the blogosphere's only weekly review of the best posts that we could find in the past week's best business and money-related blog carnivals!

This is the last edition of OMM for the year for us! We'll be gone all next week and when we come back in the new year, the first edition of On the Moneyed Midways will not just exclusively feature the best posts we found in 2007, we'll also highlight the best bloggers we found in 2007 as well!

So, until then, the best posts of the week that was await you below....

On the Moneyed Midways for December 21, 2007
Carnival Post Blog Comments
Carnival of Debt Reduction Why the $1000 Emergency Fund? Choice #1 I've Paid for This Twice Already Paidtwice provides invaluable advice in explaining why setting up a decent-sized emergency fund should be the first thing you do when beginning to work your way out of debt!
Carnival of HR Forget "Succession Planning." Instead Think "Leadership Development." Three Star Leadership Wally Bock delivers Absolutely essential reading! for any business owner or manager within a company: "Succession planning is all about having 'a name in an envelope' to replace the CEO. Leadership development is about having two or more qualified replacements for any management position."
Carnival of Real Estate Think to Differentiate Your Real Estate, Restaurant, or Retail Store Business is Personal Mark Riffey finds the mashup potential of marketing your business given its relationship to the things around it - things like restaurants, entertainment venues, coffee houses, schools, daycare, etc. Absolutely essential reading!
Festival of Stocks This Year's Christmas Gift: FBR Group Value Investing News Jeffrey Annello reviews the investment potential of Friedman, Billings Ramsey Group (aka FBR or, our favorite abbreviation of a corporate name: Fried Bill Rams), a company that has transformed itself in the wake of the sub-prime lending and real estate fallout into what he argues is a very strong value (and yes, he owns the stock.)
Small Business Issues Do People Remember You? Copywriting Tips Do you want to sell your skills quickly? Do you have an elevator speech yet? Carol Bentley takes you step-by-step through how you can create your own elevator speech in The Best Post of the Week, Anywhere!
Black Pearl (Real Estate) What Is a Brand? BloodhoundBlog Gregg Swann didn't award any real estate business-related posts with the Odysseus Medal this week, so we're featuring his Black Pearl winner. Bill Leider contradicts the conventional wisdom that a brand is only about name recognition and argues that "the kind of experience people have in doing business with you IS an integral piece of your Brand."
Carnival of Personal Finance Confessions of a Car Salesman Million Dollar Journey Want to get the best deal on a new or used car? Frugal Trader excerpts the key lessons to take away from an article at Edmunds.com on all the tricks car salesmen use to make the most money for the dealer and themselves.
Festival of Frugality Mommy I'm Bored! Mommy Gets Paid Mommygetspaid finds 10 things that kids stuck inside in bad weather can do that won't strain your pocketbook!

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Political Calculations' Recession Probability Track shows the probability that the U.S. economy will be in recession 12 months from the indicated date (shown in red) while revealing the probability trend over the past four years.

Previously, the probability of recession peaked at 50% on 4 April 2007, which means that March-April 2008 was the most likely period in which the NBER would have found the U.S. to be in recession.

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Political Calculations is also the online home of On the Moneyed Midways (aka OMM), a review of the best posts contributed to the week's best business and money-related blog carnivals. More than that, we also name one post in each edition as being The Best Post of the Week, Anywhere! and at the end of each year, we name The Best Post of the Year, Anywhere! as well as identifying the best blogs we found during the course of the year!

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