Goodbye Ford, GM and Chrysler?
Ho, ho, ho, ’tis the season for giving and no one knows this better then our government. Every direction you turn there’s a new “bailout” hitting the front page of the news. The most recent that find it’s way to the top of the newsstands is for the big 3 auto manufacturers. After years of [...]
Need a Soda, Financing is Available
If you’re light on cash and really craving a caffeine kick, don’t worry about it, buy it now and pay later. It’s the American way; can’t afford it or don’t have the dough, no worries just charge it. If the average Joe doesn’t already have enough credit card debt piling up, there is [...]
Is Our Country Made Of Funny Money?
The last 5 to 10 years have brought amazing and some not so amazing changes to our country. On an economic front we have experienced tremendous growth. Corporate growth had been clipping along at a runaway freight train pace, shopping malls were full of people gobbling up the latest and greatest, and up until the [...]
“Spend It or Loose It; No Money For You!” says Uncle Sam
With the engine of our economy slowly coming to a halt, the new buzz phrase that’s been flying around capital hill is “economic stimulus package”. I think that finding ways to spur economic growth and slow the run away train of recession is a great idea, however I don’t think that a spending spree is [...]
Are Pro Football and Pro Baseball Next To Fail?
Two of my greatest passions in life are finance and sports. Both present great competition, winning and losing, physical and mental strength, and finally a ton of fun. Recently it seems that there has been a lot more losses occurring in the financial world then wins and I hope that it doesn’t have a trickle [...]
Warren Says It’s Time To Buy, Right or Wrong?
What a whirlwind roller coaster the last couple of weeks have been in our economy. We’ve basically seen a free fall of our stock market, a complete lack of confidence within the banking system, and our government playing janitor cleaning up the mess. Home prices continue to fall, consumer and business credit is frozen, and [...]
We Have No Right To Money
For the last 5 years or so it’s been extremely easy for people and business to access capital from lending institutions. How many times have you seen advertisements for credit cards, bank loans, and 0% no payment financing in the last 12 months. I’d venture to say that you’ve seen it 10 times a day, [...]
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 [...]
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