Welcome to Credit Withdrawal, if you like what you see, you may want to subscribe to my RSS feed. Thanks for visiting! For a country that popularized the motorized transportation field, and that’s had a multi-generational love affair with the car, saying that Americans are driving less is indication of a serious problem.
According [...]

Last Friday after the market close, IndyMac reported that it was in serious financial trouble. By Monday, the Federal Depositor Insurance Corporation (FDIC) had stepped in and taken over the bank. People had started lining up to withdraw their savings, similar to the bank runs of the Great Depression.
Was their money there?? Of [...]

While going out to brunch this last weekend, I noticed something. I could sit down.
That doesn’t seem like much, but we go to a pretty popular restaurant for our Sunday brunches. It’s a semi-middle class buffet with really good food. The odd thing is that it’s usually packed to the gills during Sunday. [...]