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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