Archive for October 2008

White House Rumored to Remove FDIC Insurance Limits

As the markets continue to lurch around like a sick pachyderm, lots of ideas and rumors have started to flow about what is in the works should the (most recent) actions prove ineffective. One of the ideas that has gained a lot of ground with me is about the FDIC and individual insurance limits.
People are [...]



What a Difference a Year Makes in the Financial World

Yesterday was the anniversary of the highest close of the Dow Jones Industrial Index (DJIA). As little as a year ago, the DJIA was riding high to a 14,000+ day and things were going great. Well, maybe not great, as people were beginning to see the housing bubble starting to pop, and even then there [...]



Hard Times Causing Theft of Metal to Soar

In hard times, people do whatever they feel they have to in order to get by. Thefts escalate and other people’s possessions start looking pretty good to those with few alternatives and less scruples. It’s gotten so bad recently, that the increase in sales prices of recycled metals (copper, iron, aluminum, etc) is causing a [...]



Hiding Bills and Other Stupid ‘Considerate’ Things to Do

As I’ve discussed before, my brother-In-Law is going through a terrible time now, having lost his wife recently. It’s come to light now that she had been hiding from him, some of the bills that she hadn’t been able to pay. She had been sick for quite a while, and apparently the medical bills had [...]



It’s Beginning To Look a Lot Like Christmas

Tne next time you wander into one of the big-box stores like Target or Wal-Mart, don’t be surprised if you encounter Santa Claus and his elves poking their faces out from around Halloween candy and scarecrows. Because of the down economy, high unemployment rates, and other indicators that the economy just plain sucks, large merchandisers [...]