July 2008

Here’s a story that I really, really like... and guess what? It’s about trash. This morning, RecycleBank CEO Ron Gonen joined me to talk about his company. What do they do? They make deals with municipalities to pick up and sort trash and recycle the products you and I use everyday. Their system is revolutionary and has the backing of some of the most famous names and businesses in the ... read more

This morning on Money for Breakfast we got together some of the experts to discuss whether or not we are in a recession. I know what you are thinking -- Alexis don't depress me! I promise this segment will not depress you. It was extremely informative about the state of our economy. I was joined by Mark Lieberman, our senior economist, Stephen Leeb, President of Leeb Capital Management, Ted ... read more

Last night I hosted Neil’s show on the FOX Business Network called Cavuto. One of the people that I interviewed earlier in the day for the show was Energy Secretary Samuel Bodman. I’ve interviewed him before on several occasions on Money for Breakfast, but, given the President’s plea yesterday to pass an energy bill before Congress goes on recess, it seemed like the perfect time to revisit ... read more

Yesterday, Senator Obama met Federal Reserve Chairman Ben Bernanke for a one-on-one meeting at the Federal Reserve Bank. The meeting got a lot of attention, as it marked the first time a presumptive nominee met with an acting chairman. (If you recall, both Bill Clinton and George W. Bush met with Fed Chairman Greenspan, but they were each president-elect at the time.) Still, the bigger story is ... read more

After the bell yesterday Electronic Arts reported weaker than expected earnings and the stock certainly reflected that today closing down more than 6%.  This morning I talked to the President Peter Moore. We talked about the future of gaming. He believes the industry and his company needs to adapt to the online gaming market or face the risk of going the way the music industry did, losing ... read more

The Department of Transportation’s Secretary Mary Peters has created a new plan to revitalize and fund the crumbling infrastructure in this country. It’s a bold plan that would cut over 100 federal transport programs and would rely on funding through new revenue sources. Not the gas tax that we so often hear about, but pricing options like increasing toll prices and empowering states to access ... read more

I've been writing this blog for two days and have yet to finally complete it. Dick Bove, one of the best and most well respected analysts covering the banks at Ladenburg Thalmann emailed me on Monday morning about the two small regional banks that failed. We exchanged emails about the severity of the situation and also about the importance of the housing bill and a rescue plan for Fannie Mae and ... read more

After both presidential candidates met with their economic advisers yesterday and some Wall Street big wigs and former Treasury Secretary, we thought it would be wise to talk to both camps this morning about their discussions and what position both Sen. McCain and Sen. Obama have on yesterday's announced budget deficit. On the Obama side, Jason Furman, Obama's economic policy director and on ... read more

This morning on Money for Breakfast we talked about the record breaking budget deficit predictions for next year with former Governor Jesse Ventura, Ron Haskins of Brookings and Jordan Goodman, author of Fast Profits in Hard Times. Between the three, they universally agreed that fighting this budget deficit is a monumental task and talk of any additional stimulus package is unrealistic. Jesse, ... read more

Yesterday afternoon I hosted Neil Cavuto’s show on Fox News called “Your World.” One of the people that I had the opportunity to interview was former Treasury Secretary Lawrence Summers. He was Treasury Secretary during the second term of the Clinton Administration from 1999-2001 and was known for supporting free trade, reducing the federal budget deficit, using the budget surplus to ... read more