Ok, I admit, I MIGHT have been wrong. It’s happened before (so rarely it’s hard to recognize at times) but this time I think I might be on the wrong side of the debate.
With the Subprime bubble decimating all within the blast range, I’ve never had a lot of sympathy for people that have gotten [...]

Times are tough, really tough. Over 100,000 layoffs just last week alone. Gross Domestic Production down over 3% (the worst in over 25 years) and the price of houses continuing to go down. The government is trying everything it can to stop the stalling of the economy and get things going in a positive direction, [...]

With roughly half of the government’s TARP (Toxic Asset Relief Program) funds already disbursed, why is it that we’re still having so many problems with the subprime and ‘packaged’ loans that triggered this downslide in the economy? Wasn’t the idea to get rid of these debts on the bank’s balance sheets and allow them to [...]

Last week, the Office of Thrift Supervision, the Federal Reserve, and the National Credit Union Administration gave the American people a huge Christmas present, albeit one that we won’t be able to open until 2010.
These three offices of commerce have decided that credit card companies are participating in “unfair,” “unreasonable,” and “deceptive,” tactics when dealing [...]

In a move not terribly shocking after last week’s 100+ store closings, Circuit City has filed for Chapter 11 Bankruptcy.
Circuit City started life in 1949 as the Wards Company, founded by Samuel S. Wurtzel. It changed it’s name officially to Circuit City in 1984 and went nationwide with a chain of warehouse-styled stores, selling electronic [...]