Bail Out Bail Out…

I was talking to some friends during a radio taping the other day and the conversation turned to the recent bail out bill of 700 billion dollars plus. I told them that this was just the beginning and the strategy is to lay the groundwork for more bailouts.
The 25 billion dollar bailout of the big [...]

The U.S. House Passes Bailout

Here are Some Bailout Bill Details
Well as predicted here, the bailout bill has been passed by Congress. Just four days after the defeat of President Bush’s financial bailout package in Congress, the House of Representatives gave the revamped plan a new look and evidently liked what was in it.
Some of the new things added [...]

The Push to Raise the Limits of FDIC

The push is on by the Bush Administration to raise the FDIC insurance on deposits to $250,000. For more information on what the FDIC currently covers see our recent articles on the FDIC.The FDIC insures close to $4.5 trillion in deposits and has about $45 billion in the actual fund. When the new bill passes [...]

The Tithing Controversy

While taking the time to go through my reader this morning I noticed an interesting title, “Could Tithing Lead Some Americans to Lose Their Homes”, over at the Get Rich Slowly blog. I decided to take the time to leave a comment because I have some strong opinions about this issue. I do not believe tithing [...]

What is Short Selling And Why Must It Be Banned?

The US Securities and Exchange Commission on Friday temporarily banned short selling of shares in certain companies in emergency action aimed at boosting investor confidence amid financial turmoil.
I am not a stockbroker but let me give this a try. Short selling basically means that you sell stock that you don’t own. [...]

keep looking »

Site Build It!