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 [...]

The Kansas Department of Labor announced recently that as a cost-cutting measure, they are going to stop giving out paper checks, and send out Visa debit cards to unemployment recipients. This is in line with other actions, like health insurance cards, cards for ex-convicts, cards for Social Security, cards for Store Loyalty Programs, and of [...]

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 [...]