Political Calculations
May 12, 2008

Carnival Midway from The Jerk Welcome to the Monday, May 12, 2008 edition of On the Moneyed Midways, the only place you'll find the best posts from the past week's best money or business-related blog carnivals, and in reality, this edition is the long delayed Friday, May 9, 2008 edition of OMM!

Long delayed, that is, due to our recent data difficulties! We built this week's edition entirely from scratch, as the tools we've developed behind the scenes to help construct each week's edition were out of action. Given what we know so far, we expect that this week's edition will also be a built from scratch affair, and hopefully, we'll have fully recovered our tools by the following week!

For you as a reader, that's neither here nor there, so let's get to the best posts we found in the world of business and money-related blog carnivals this week....

On the Moneyed Midways for May 12, 2008
Carnival Post Blog Comments
Carnival of Debt Reduction So, What Are You Doing with Your Economic Stimulus Check? Living the Cheap Life Mike notes that in a bid for your business, a number of supermarkets are offering the government's economic stimulus check recipients a 10% bonus if you take them your check.
Carnival of Personal Finance Real Life Example of Why You Need an Emergency Fund No Credit Needed NCN and his wife, a teacher, just became parents again for the third time and will have their household income reduced until she can go back to work several months from now in the new school year. Fortunately, they've established emergency savings that will help cover the gap....
Carnival of Real Estate How Would 'House' Solve the Housing Crisis? How Would 'House' Solve the Housing Crisis? Kevin Blasi grabs the marker and creates his own whiteboard differential diagnosis to "cure" what ails the housing sector. Absolutely essential reading!
Carnival of Taxes What Happens If You Don't File Your Past Due Return with the IRS? Need IRS Help? Diane Dean spells out what you can expect when the IRS realizes that you haven't filed your return. Remember, there are sound reasons why people *really* don't want to run afoul of the IRS!
Carnival of Trust How Can I Convince My Client to Lose More than Predicted and Still Maintain My Own Credibility? Settle It Now Negotiation Blog Victoria Pynchon on how to retain the trust of your client when engaged in difficult negotiations on their behalf where compromise will be necessary. The Best Post of the Week, Anywhere!
Cavalcade of Risk The Importance of Key Person Insurance for Small Business Owners American Small Business News What happens to a business if one of the partners who owns it unexpectedly dies? Mary White considers a question that every small business owner needs to consider!
Cavalcade of Risk Does Gold StackUp? SOX First Leon Gettler asks a great question for investors: how well does gold stack up over time? He finds evidence that gold is not like other commodities, which significantly limits its potential long term returns.
Festival of Stocks Allocate 50% to Non-U.S. Stocks, According to Wharton Professor Can I Get Rich on a Salary? How much of your investment portfolio should represented by international stocks? G Blogmaster cites Karen K. Lewis' research that suggests that the ideal amount is half.
Festival of Stocks Dividend Stock Wednesday: Hasbro (HAS-N) The Dividend Guy The Dividend Guy digs into the maker of Mr. Potato Head before deciding that toymaker Hasbro (NYSE: HAS) does not deserve a place in his portfolio!
Carnival of Money Stories Do You 'Steal' Money From Your Spouse? The Dough Roller The Dough Roller offers a number of good ideas to avoid hurt feelings and potentially worse relationship conflicts that could arise when a couple has trouble coordinating how they spend their money.

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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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On the Moneyed Midways

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!

The link below will take you to the running index containing our most recent back issues (you can easily navigate the index to find older editions.)

OMM's Running Index for 2008

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