August, 2010
Record-low interest rates fatten banks, hinder saving, investing
U.S. consumers are cutting debt and trying to conserve more money. A double dip recession is the main concern for the federal Reserve which intends on keeping interest rates as low as possible. Banks benefit from the interest rates being so low. This means they get to have much more money. Banks are making ...
Calling 888-5-OPTOUT can conserve you from identity theft
Pre-approved credit offers no doubt litter your mailbox, particularly if you've just lately had a bankruptcy discharged. There doesn't have to be all the customers given to the "buy now, pay later " philosophy. Pre-approved credit offers will go away with Equifax, TransUnion and Experian by simply calling 888-5-OPTOUT (1-888-567-8688). This is great in case ...
Obama throws an additional $ 3 billion at unemployed foreclosure loans
The Obama administration is pumping $ 3 billion into programs to help the unemployed with foreclosure prevention. The Hardest Hit Fund would going to be doubled with one more $ 2 billion was announced last week to be put into the fund. $ 1 billion was given to a program to help unemployed borrowers who ...
Small business lending bill is latest victim of partisan politics
The Small business Jobs and Credit Act was proposed to deliver cheap capital to community banks for small company lending. Unemployment creates a kind of pressure on the Obama administration to make more jobs available. That is why they made the Small business Jobs and Credit Act. The act has yet to go through or ...
Economists suggest the United States has become a plutonomy
The issue has been raised numerous times over whether the United States is becoming or already is a "plutonomy." Plutonomy is a portmanteau of plutocracy and economy, and it means the American economy is run and owned by the richest of the wealthy. It has been argued that it was always that way. Recently released ...
