Category: Finance

How do we FIX this mess?

October 10, 2008 Finance General 0

It’s actuallly very simple…get out of debt.  Once you get out of debt stay out of debt.  This goes for individuals, companies, municipalities, states, and countries.  What I have seen over and over is credit is needed to finance everything..daily operations, payroll(?!?!?!?), etc etc.  This is insane.  My business is about 90% debt free however… Read more

Now let’s see how badly the mismanagement goes

October 4, 2008 Finance General 0

Administration rushes to begin financial rescue – Economy in Turmoil- msnbc.com Paulson..the head of one of hte big five banks that no longer exist is now taked with trying to rescue the economy..oh this is going to be painful to watch considering how badly leveraged most american households(not this one though).  Hang on folks.  Thing… Read more

The 700 Billion Dollar smokescreen

October 2, 2008 Finance General 0

Banks, firms borrow record amount from Fed – Economy in Turmoil- msnbc.com let’s see that’s a total of 311.5 BILLION just this past week.  That’s not including the 398 BILLION Bernake has pumped into domestic AND FOREIGN markets over the past couple of weeks.  So far the gov’t has blown 794.5 BILLION between AIG and… Read more

The Bailout Grows many more heads…and a great speech is given.

October 2, 2008 Finance General 0

Give me a break, a tax break — or else – Capitol Hill- msnbc.com This learnean hyrda of a disaster has just grown more heads.  Read above.  Folks we need to ge the house to stomp on this..once and for all.  This bill further drives us into the entitlement culture and socialism.  heck, even the… Read more

Chicken Littling This Administration has Done and is Doing

October 1, 2008 Finance General 0

The Big Picture | We need to act quickly on the Bailout! Never mind the fact this “disaster” has been “looming” for a week.  Where’s the huge crash?  It’s going to happen bailout or no.  Also 700 bilion is hte tip of hte iceberg.  The fed has already spent 680 BILLION pumping non-existant cash into… Read more

The TRUTH About The Bailout – The Market Ticker

October 1, 2008 Finance General 0

The TRUTH About The Bailout – The Market Ticker It gets better folks.  This is also going to include FOREIGN assests that have nothing to do with the US.  Folks please get on the horn to the senate and house(senate.gov and house.gov) and REPEATEDLY tell your reps to kill this hydra!!!

The deception continues..and YOU need to take action

September 28, 2008 Finance General 0

Goodbye Ben – How Many in Congress Have a Pair? – The Market Ticker Congress needs to be told to stop and think about how bad this is..by YOU..more than once!!! Public outcry is loud but not enough to make congress listen unfortunately. Bernake is holding us hostage with this scare tactic and is deliberately… Read more

Ron Paul has it nailed. Credit(debt) is an addiction.

September 21, 2008 Finance General 0

Ron Paul: This Bailout Won’t Be the Last – The Home Front (usnews.com) I am so glad this household runs on cash.  It’s tough to be sure but we don’t ahve looming depbts over our heads we can’t pay either.

AIG isn’t out of the woods yet

September 17, 2008 Finance General 0

Fed rescues AIG, Barclays buys Lehman U.S. unit – Yahoo! News AIG will pay interest at a steep 8.5 percentage points above the three-month London Interbank Offered Rate, equal to about 11.4 percent. That gives AIG a big incentive to embark on a massive asset sale program to pay back the loan quickly. AIG’s bailout… Read more

Calls for socialsim begin

September 16, 2008 Finance General 0

Vox Popoli: AMF Vox day has this one nailed.  This is the failure of the socialcrats and outright greed.  this is not the failure of hte capitalistic market system.  The gov’t should not have stepped into freddie, fanny, indymac, or BS.  They should have all failed and brought risk back into this market.  They have… Read more

The wall street disconnect

June 28, 2007 Finance General 0

The stock market is going up right now and projected to go higher. unfortunately they are ignoring the various warnings of a coming recession: 1: Oil is up to $70 a barrel 2: The subprime mortgage mess and the sudden halt of the real estate bubble. 3: Layoffs are starting up again 4: The overall… Read more

The interest Only Scam revealed as it unravels

September 3, 2006 Finance General 0

Nightmare Mortgages – Yahoo! News The average joe is going tog et hammered. Also any investors and sharholders are getting ripped off as well. Be expecting things to get ugly once this house of lies comes crashing down in terms of hte economy.

The coming financial crash for many Americans and possibly the real estate market as well

April 7, 2005 Finance General 1

I see more and more folks jumping on the interest only loans scam. This is very dangerous. Sure your payments are lower…for 3-10 years..then you start paying off the principal as well..then you take a big hit. Since almost all of these interest only loans are adjustable if/when interest rates go up after your interest… Read more