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July 28, 2026 

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FEDERAL SURPLUS: The difference between federal government spending and taxes when taxes are greater than spending.

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HORIZONTAL MERGER

The consolidation of two or more separately-owned businesses, operating in the same industry and producing competing products, into a single firm. This is one of three types of mergers. The other two are vertical merger--two firms in different stages of the production of one good--and conglomerate merger--two firms in separate, unrelated industries.

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APLS

BLUE PLACIDOLA
[What's This?]

Today, you are likely to spend a great deal of time searching for a specialty store trying to buy either several orange mixing bowls or clothing for your pet dog. Be on the lookout for infected paper cuts.
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This isn't me! What am I?

The first paper currency used in North America was pasteboard playing cards "temporarily" authorized as money by the colonial governor of French Canada, awaiting "real money" from France.
"You miss 100% of the shots you never take. "

-- Wayne Gretzky, hockey player

FHLBB
Federal Home Loan Bank Board
A PEDestrian's Guide
Xtra Credit
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