Should I Buy a SAAB?
A few days ago in a question and answer automobile section of the Wall Street Journal, a reader asked if it was okay to buy a SAAB. If you don’t already know, the Swedish automobile manufacturer filed for bankruptcy about a year ago. No one has yet to step up to the plate to buy… Read More »
Home Mortgage Good News
I’ve talked to several people who have been having difficulty staying current on their mortgage, some just over the past year, and others that have been struggling for several years that have qualified for help recently, and they are able to stay in their homes. Some have even been turned down for loan modifications and short-sales… Read More »
American Dream, Betrayed By Bad Economic Policy
I started the day poorly this morning, when I listened to Donald Barlett and James Steele interviewed on NPR about their new book, American Dream,’ Betrayed By Bad Economic Policy. I’ve already put this book on reserve at my local library, because it focuses well on some the key reasons why as a country we have… Read More »
Wrongful Foreclosure Compensation Deadline Approaching
If you’re one of the millions of people who’ve faced losing your home through a wrongful foreclosure, you might get help, but you must act quickly. Homes that were foreclosed on in 2009 and 2010 should find out about the free Independent Foreclosure Review (IFR) process. The IFR process is by the Office of the Comptroller of the Currency… Read More »
Myths and Facts About the Gold Standard
If you didn’t catch the article in Saturday’s Wall Street Journal “The Myths and Facts About the Gold Standard” and the intermingling of politics and economics interests you then you might want to. The Gold Standard is a monetary policy that basis the value of currency a country issues on the value of gold that… Read More »
Lender Reduced Interest Rate to 1% for Veteran
I just spoke to a good friend and veteran in Columbus Ohio that has a mortgage with JP Morgan Chase for 30 years at just over 6%. Chase lowered their interest rate to 1% for 3 years, which made their monthly payment drop by about $400. They were told that this was a special program… Read More »
The Benefits and Costs of Obama Care
The key benefit of Obamacare, National Health Care, or Patient Protection and Affordable Care Act is providing care to those who are unable to purchase health insurance because it costs too much, or are uninsurable. Lack of adequate health coverage sometimes forces or keeps people in poverty, or causes the uninsured pain, suffering and death… Read More »
Revive the Economy Through Child Parent Business Startups
A couple of weeks ago in the Wall Street Journal there was a very interesting article about a father and son that started a new enterprise that so far is succeeding quite well. A 15-year old Nicky got the idea to create candy made out of healthy ingredients, and with the help of his successful… Read More »
Obama Care Stands
Various news sources are reporting that the Supreme Court upholds key part of Obama Health Care, the individual mandate. More evaluation on 7/2/12 blog.
Do the Rich Have Lower Ethics?
A recent study using various tests by the University of California at Berkeley, published in the Proceedings of the National Academy of Sciences, indicated that upper-class individuals were more likely to have unethical behavior compared to people of lesser means: “Upper-class individuals were more likely to break the law while driving, relative to lower-class individuals. In follow-up… Read More »
