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By now, everyone has heard about the debacle caused by AIG, a prominent member of “The Government Now Owns You” club, by paying out bonuses they were contractually obligated to pay out to a group of people who probably didn’t deserve it, but hey, contracts are contracts. Once again, it’s the appearance that’s the big [...]
Forbes Magazine came out with The World’s Youngest Billionaires, and the article showed that they’re aging, but not in the manner you might think. Sure, everyone gets older, but what’s occurred is that some who were billionaires aren’t anymore, which means the average age went up. Last year, the average age of the youngest billionaires [...]
For those of you new to this blog, I have two other blogs that are dedicated to other interests of mine. However, on one of them, I wrote an article last year about FreeCreditReport.com and how they helped me overcome a credit issue I was having with a potential creditor and an account that should [...]
I’ve taken a few days of a break because I’ve been looking for something a bit more positive to talk about before I went back to regular news. And let’s face this fact, we really do need something positive to build off. So, how’s this statement; you can be wealthy. That sounds pretty good, doesn’t [...]
There was a news story on MSNBC back in December titled 20 Personal Finance Do’s And Dont’s For 2009. It was a pretty good story, and though I’m not going to quote it, I am going to list the 20, and have my own commentary on each of them. I recommend you go to the [...]
Everyone understands the concept of profit right? Well, apparently not, although it’s not their fault. Everyone thinks they understand, and on one level they might. Let’s talk a little bit about profit, and what’s going on with the economy right now. First, the generic discussion about profit. One achieves profit when they have money left [...]
Today, President Obama held a White House summit on health care reform, which was one of the things he promised to do during his campaign. It was interesting because one of the things he said was this: “Health care reform is no longer just a moral imperative, it is a fiscal imperative. If we want [...]
