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Archive for November, 2007

Finance Category

There are two categories of finances: public and private ones. Public finances are associated with the state, with territorial administrative units and other public law institutions. Private finances are associated with companies, banks and private insurance societies. The resources necessary to establish and to activate state duties can come from individuals and companies especially through restrictive measures taken from public authorities.

The state can take measures concerning national currency, while private organizations can’t influence legally this currency, which is used by them as well. Public finances have as purpose to cover general society needs while private finances have as purpose to obtain profit. Public finances management depends on public law, and private finances management depends on commercial law.


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Are These 10 Common Money Mistakes Keeping You Poor?

As creatures of habit, who like to repeat the same behavior, our personal finance habits have an enormous impact on our financial well being.

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Bush To Request Additional $46 Billion For Wars

Today, “President Bush will ask Congress for another $46 billion to fund the wars in Iraq and Afghanistan and finance other national security needs.” The figure “brings to $196.4 billion the total requested by the administration for operations in Iraq, Afghanistan and elsewhere for budget year that started Oct. 1.”

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$2,400,000,000,000

The U.S. wars in Iraq and Afghanistan could cost taxpayers a total of $2.4 trillion by 2017 when counting the huge interest costs because combat is being financed with borrowed money, according to a study released on Wednesday.

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Rebuilding Hollywood in Silicon Valley’s Image

“…in the event of a long-term strike, out of the ashes of the traditional model would — I believe — come the birth of certainly dozens, maybe hundreds, and possibly even thousands of new media companies, rising phoenix-like into the global entertainment market, financed by venture capital, creating amazing new properties…”

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Necessary Finances

Finances are necessary at the level of any organization irrespective if it is a country, a large company or a family. Of course finances have not appeared out of the blue, but they had an origin, they emerged on the background of some conditions. Therefore these conditions which have led to finances occurrence. The first one is the social division of work. It has lead to increasing productivity, to products share, to private property and to social classes, to the foundation of the State. As a result public functions have emerged and the market economy, through which the State uses money resources to cover public expenses. Thus the first finance elements have appeared. Finances have always been associated with specific State functions.


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