Stop Your Home Values Freefall
Home values have fallen dramatically and they continue to slide further and further south. If you own a home, there is no doubt that you’ve felt this drop in equity. One of the biggest reasons for the massive decline in home values is due to record levels of foreclosures. Until the foreclosure problem is solved, [...]
3 Reason Why $5 Gas Is A Good Thing
I know what you’re thinking. How on earth could paying $5 dollars a gallon for gas be good for me? If you’re like me, you probably get a sick feeling in your stomach each time you see the gas gauge on your car, truck, or SUV fall dangerously close to that horrifying “E” line. The [...]
Please Pass The Confidence Bailout
We’ve all heard the phrase “financial bailout” repeated over and over again for the past month; in fact more times then we all probably care to remember. Perhaps it’s time to coin a new phrase that better describes the real challenges we are currently facing. Despite all of the financial turmoil, stock market decline, and [...]
The Financial Referees Never Left the Locker Room
Typically I’m the last one to say that we need more Government intervention, however there seems to be a real lack of oversight within the financial sector. I’m all for free markets and capitalism, believing that markets will self regulate themselves, but at what point do you step back and say we need a referee?
Besides [...]
Should Credit Card Debt be Illegal?
With all of the government intervention taking place in this financial meltdown, perhaps it’s time to start looking at making credit card debt illegal. It’s true that credit has played a huge role in the growth of our economy and economies around the world and it helps finance the gaps in everyday life for both [...]
Are Bank Failures Jackpots for Customers?
If you’re like the rest of the country, you’ve probably checked the newspaper, t.v., or favorite blog each day to see if your bank could be the next one to crumble. No doubt you’re concerned that your hard earned money in checking and savings might be at risk in case a permanent closed sign is [...]
Financial Bailout isn’t Curing Volatility
It doesn’t appear that the record setting 700 billion dollar bailout is putting out the credit fear fires overseas. As of writing this article the markets in Asia aren’t taking the news well. The Nikkei 225 is currently down a little more then 3%. I don’t think the rest of the world has optimism that [...]
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