Where the $200,000+ Crowd Lives by Paul Toscano Friday, February 27, 2009 The White House’s budget for fiscal year 2010 calls for tax hikes on wealthy Americans. In this case, that means couples making over $250,000 a year and individuals $200,000 a year. Under the budget plan, these households (about 3 percent of the total) [...]
Filed under: Income, Inflation, Taxes, Work, Yahoo Finance | Tagged: CNBC, Income Taxes, People, Personal, Personal Thoughts, Taxes, Work | Leave a Comment »
American’s standard of living is undergoing a “permanent change” – and not for the better There’s no question the American consumer is hurting in the face of a burst housing bubble, financial market meltdown and rising unemployment. But “the worst is yet to come,” according to Howard Davidowitz, chairman of Davidowitz & Associates, who believes [...]
Filed under: Aaron Task, Credit Crunch, Deflation, Depression, Dooms Day, Economy, Life, Personal, Work, Yahoo Finance, economics | Tagged: Aaron Task, Deflation, Depression, Economy, Life, Personal, Personal Thoughts, Recession, Work | 1 Comment »
Eve of Destruction: How the Financial Crisis Was Built Into the System by Robert Kiyosaki Posted on Monday, November 24, 2008 How did we get into the current financial mess? Great question. Turmoil in the Making In 1910, seven men held a secret meeting on Jekyll Island off the coast of Georgia. It’s estimated that [...]
Filed under: Bankruptcy, Deflation, Dooms Day, Economy, Gold, Inflation, Investing, Robert Kiyosaki, economics | Tagged: economics, Economy, GLD, Gold, Inflation, Life, Personal, Personal Thoughts, Play, Work | 1 Comment »
On Nouriel Roubini’s Global EconoMonitor, Nouriel explains why the Treasury rescue plan is very poorly conceived and does not contain many of the key elements of a sound, efficient and fair rescue plan – like a HOLC-style program and the need to recapitalize the financial institutions that are badly undercapitalized. Check out: RGE Conference Call [...]
Filed under: Bankruptcy, Credit Crunch, Credit Freeze, Deflation, Dooms Day, Economy, Foreclosure, Gold, Investing, Liquidity Squeeze, Market History, Middle Class, economics | Tagged: economics, Economy, Jobs, Life, Money, Personal, Personal Thoughts, Thoughts, Work | Leave a Comment »
Spongebob Quotes: Spongebob: “Don’t worry, tomorrow we’ll be back for more frolic and fun.” Spongebob: “Moss always points to civilization.” Squidward: “This city needs to be destroyed!!! Or at least painted another color.” Squidward: “That’s it, I’m getting off the loony express.” Patrick: “I know a lot about head injuries…belieeeve me!” Sandy: “Stupidity isn’t a [...]
Filed under: Credit Crunch, Economy, Fun, Jokes, SpongeBob, economics | Tagged: Credit Crunch, Fun, Humor, Jokes, Life, Personal, Sponge Bob, SpongeBob, Thoughts | Leave a Comment »
FDIC Rolls out Deposit Insurance Awareness Campaign Personal Finance Expert Suze Orman Featured in PSAs FOR IMMEDIATE RELEASE September 22, 2008 Media Contact: Andrew Gray (202) 898-7192 The Federal Deposit Insurance Corporation (FDIC) today launches a national campaign designed to help consumers learn about the benefits and limitations of deposit insurance. The campaign’s public service [...]
Filed under: Credit Crunch, Economy, Saving, economics | Tagged: Credit Crunch, Current Events, economics, Economy, Family, FDIC, Life, Money, Personal, Recession, Work | 2 Comments »
I am excited to announce that our little MoneyBob Blog on WordPress will soon migrate to his very own official landing page on www.MoneyBob.com. Hope to see you there. Good things will be coming soon. I would be interested to here your comments. Have any suggestions?
Filed under: Better Yourself, Credit Crunch, Credit Freeze, Dooms Day, Economy, Foreclosure, MoneyBob Postings, Saving, economics | Tagged: business, economics, Economy, Life, MoneyBob, MoneyBob Postings, Personal | Leave a Comment »
Goldman’s Murti Says Oil `Likely’ to Reach $150-$200 By Nesa Subrahmaniyan May 6 (Bloomberg) — Crude oil may rise to between $150 and $200 a barrel within two years as growth in supply fails to keep pace with increased demand from developing nations, Goldman Sachs Group Inc. analysts led by Arjun N. Murti said in [...]
Filed under: Economy, Middle Class, economics | Tagged: Cash, Economy, Gas, Gas Pump, Life, Money, Oil, Personal, Personal Thoughts, Prices, Recession, Work | Leave a Comment »
Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it. By Jim Jubak If fairy tales express our deepest fears, then investors must be on the verge of a psychotic breakdown. The current crop of financial gloom-and-doom books carry [...]
Filed under: Bankruptcy, Credit Crunch, Dooms Day, Economy, Foreclosure, Inflation, Interest Rates, Market History, Real Estate, US Dollar, economics | Tagged: Best Doom Sellers, Credit Crunch, Dooms Day, economics, Economy, Life, Personal, Personal Thoughts, Work | Leave a Comment »
A CNN/Opinion Research poll shows that the nation is becoming more convinced the economy is in a nosedive. By Catherine Clifford, CNNMoney.com staff writer Last Updated: May 6, 2008 NEW YORK (CNNMoney.com) — A new poll shows that more Americans than ever before think the economy is in a recession. A national CNN/Opinion Research Corp. [...]
Filed under: Credit Crunch, Economy, economics | Tagged: economics, Economy, finance, Life, Personal, Personal Thoughts, Recession, Thoughts, Work | 1 Comment »
