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john crudele

John Crudele

John Crudele has been a financial columnist for the New York Post for the past two decades.  Before that he was a columnist with New York Magazine, The New York Times, Reuters and various other publications.  His columns have been syndicated around the country.  He attended Syracuse University where he received his B.A. and he received his M.A. from New York University. He's appeared on TV and radio, and he teaches writing for the NYU School of Continuing and Professional Studies. Crudele gets his skepticism, nasty attitude and his wise mouth from growing up in Brooklyn. He believes that if you have money people will try to take it away from you, and tries to protect readers from that.

  • How the Labor Dept. finessed the jobs report

    Brilliant! It was absolutely brilliant! As you know by now, the Labor Department last Friday announced that the country had lost another 36,000 jobs in February. Sure, that's a lot fewer than the amount of jobs...  

    March 09, 2010 12:00 AM
  • Married to a bad decision

    Dear John: When I was 59 years old -- back in 2005 -- I moved to North Carolina with my life's savings and was targeted by a professional con man, who with the help of co-conspirators, chewed me up alive and spit me out...  

    March 07, 2010 12:00 AM
  • Expect snow job from White House on jobs report

    WASHINGTON may have gotten blizzards last month, but that's nothing compared to the snow job we'll probably get from the Obama administration tomorrow. At 8:30 a.m. the Labor Department will announce the nation's...  

    March 04, 2010 12:00 AM
  • Hey Washington! Economy has us very worried

    Come real close to the page. I want to whisper a secret in your ear. Pssst . . . Americans are not happy. You already know that, of course, because you are a regular, communicative human being who lives in the...  

    March 02, 2010 12:00 AM
  • Euro sidesteps Greek tragedy

    Dear John: If the US Treasury wavered on the redemption of a series of notes coming due, the dollar would be hit hard. So why is the euro still trading so high against the dollar when the central bank chairman, Jean...  

    February 28, 2010 12:00 AM
  • Apology business is in one sorry state

    There are many lines of thinking in the mea culpa business. One group, for instance, believes you should do whatever you want -- even if it might get you in trouble -- and just apologize for it later. This group's...  

    February 25, 2010 12:00 AM
  • How rising interest rates could end up backfiring

    As I was starting to say in last Thursday's column (before I ran out of space), the stock market's biggest problem this year might not be a suddenly weak economy -- it could be an economy that looks strong. I'm not...  

    February 23, 2010 12:00 AM
  • Keep an eagle eye on your plastic

    Dear John: Last week I sent AT&T Universal Card a check for $5,750 to pay off the balance of a cash advance. I sent the check to the "Exception Processing Center," and I wrote in two places -- on the top of the check...  

    February 21, 2010 12:00 AM
  • When even the good news is bad news

    Is the stock market setting investors up for another 2007-style ambush, or worse? Since you've been inundated lately with giddy talk from the folks on Wall Street and their dupes in the media, please excuse me if I...  

    February 18, 2010 12:00 AM
  • China needs to have some fun pushing us around

    While we were all watching Greece beg for money in Europe, a bunch of things were happening last week in China that were at least as noteworthy for our country. First, a couple of Chinese generals suggested that it...  

    February 16, 2010 12:00 AM
  • Revisiting an old housing problem

    Dear John: We live in Massachusetts and have been in our present house for just one year. We were told the neighborhood was quiet -- and for the first few months it was. In the past few months, the two men next door...  

    February 14, 2010 12:00 AM
  • Plot thickens in the battle of 'The Plunge'

    The Treasury Department has records of the secret meetings that its President's Working Group on Financial Markets held to discuss the troubled financial markets, after all. That doesn't mean Washington wants us to...  

    February 11, 2010 12:00 AM
  • A Bronx cheer for the unemployment rate drop

    Whoopee! There was a big drop in the unemployment rate for January. But if you look at the numbers closely the sound you'd hear is more Whoopee Cushion than cheering. According to the official Labor Department...  

    February 09, 2010 12:00 AM
  • Stimulation wanted

    Dear John: Months ago President Obama said he was going to give $250 to senior citizens because there would be no Cost of Living Adjustments this year for Social Security recipients. We would certainly appreciate it...  

    February 07, 2010 12:00 AM
  • Bad feelings grow about employment report

    When the Labor Department released its employment figures for January 2009, it subtracted an astounding 356,000 jobs from the overall count because it felt that small companies were quietly going out of business....  

    February 04, 2010 12:00 AM
  • My heartbreaking decision to drop Cablevision

    Two weeks ago I broke up with Cablevision. We had had a stormy relationship for years. But the final straw occurred when the cable company dropped two favorite channels, HGTV and The Food Network, from its...  

    February 02, 2010 12:00 AM
  • Underlying issues in rancid job market

    Dear John: Keep letting people know the real deal in the job market. The size of the labor force has been on a longterm decline as the number of people who have been falling into the “No Longer In Labor Force” category...  

    January 31, 2010 1:07 AM
  • What Congress missed at AIG-Geithner hearing

    Stammering Hank Paulson and Tim "Dead Man Talking" Geithner couldn't wait to get out of the witness chair yesterday when they appeared before the House Oversight Committee. The former and current Treasury...  

    January 28, 2010 12:00 AM
  • Paul Volcker has president's ear on economy

    Welcome back, Paul Volcker! Now let's you and me get together. Volcker needs no introduction, but I'll give him one anyway. The tall former head of the Federal Reserve is revered in financial circles for his acumen...  

    January 26, 2010 12:00 AM
  • Be patient with investments

    Dear John: I am 63 and have a one-year certificate of deposit maturing this month. The best rate I can get is 2 percent for a one year and 2.25 percent for 18 months. I plan on retiring when I'm 66. I have an IRA with...  

    January 24, 2010 12:00 AM
  • The worries behind market's tumble

    Was that hissing noise on Wall Street yesterday the sound of the latest stock-market bubble starting to deflate? After being down more than 200 points at times yesterday, the Dow Jones industrial average managed...  

    January 21, 2010 12:00 AM
  • White House solutions creating new problems

    If there is one law that the Obama administration has embraced over this past year it's the law of unintended consequences. Unfortunately, this is one statute that can't be repealed. Here are some examples of...  

    January 19, 2010 12:00 AM
  • Many not getting a raise in 2010

    Dear John: I believe our military received a raise this year and rightfully so. I believe that Social Security recipients and federal retirees did not get a cost of living adjustment this year. But I heard that...  

    January 17, 2010 12:00 AM
  • Why Treasury chief should be probed and fired

    T im Geithner should not only be fired as Treasury Secretary, he should then be investigated for criminal activity -- i.e. illegal collusion with Wall Street -- once he's safely away from government. But...  

    January 14, 2010 12:00 AM
  • How nation's true jobless rate is closer to 22%

    This'll make you laugh. Back in November 2003 an economist named Austan Goolsbee from the University of Chicago wrote an op-ed piece for The New York Times criticizing a Labor Department announcement about job...  

    January 12, 2010 12:00 AM
  • Don't buy a house based on $$ return

    Dear John: The wife and I recently purchased our first home. We put $100,000 down on the $250,000 asking price. It was a short sale. The former owners said that a few years ago the value of the home was $360,000. It's a...  

    January 10, 2010 12:00 AM
  • State, city eye shady use of check-cashing firms

    Investigators for New York City and State are zeroing in on corporate cheats that have allegedly been using storefront check-cashing operations to launder money and evade possibly hundreds of millions of dollars in...  

    January 07, 2010 12:00 AM
  • Why the government's job figures won't add up

    The charade continues this Friday. That's when the Labor Department will announce how many jobs it claims were lost in the US economy during December. The number is essentially worthless to anyone who really...  

    January 05, 2010 12:00 AM
  • How can little guy investor compete?

    Dear John: Since Ben Bernanke threw money at the financial markets to lower interest rates -- and sent stocks up about the time they were going to roll over -- I believe Washington continues to punish short sellers by...  

    January 03, 2010 12:00 AM
  • Here's what's not gonna happen in the new year

    This is the time of year when people make predictions about what will happen over the next 12 months. Just to be different, I'm going to predict what won't happen in 2010. * We won't stop hearing that the...  

    December 31, 2009 12:00 AM