Posted on June 28, 2010 by MoneyBob
For the last several months, Princeton professor Paul Krugman has become increasingly agitated about what he feels is a disastrous mistake in the making — a sudden global obsession with “austerity” that will lead to spending cuts in many nations in Europe and, possibly, the United States.Krugman believes that this is exactly the same mistake [...]
Filed under: Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Dooms Day, Economy, Gold, MoneyBob Postings, Paul Krugman, Stagflation, US Dollar, economics | Tagged: Depression, double dip, economics, Housing, Money, Paul Krugman, Recession, save, Savings | Leave a Comment »
Posted on February 15, 2010 by MoneyBob
What does the FDIC do? The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for up to $250,000 (through December 31, 2013). What are the basic FDIC coverage limits? Single Accounts (owned by one person): $250,000 per owner Joint Accounts [...]
Filed under: Credit Crunch, Economy, Elizabeth Warren, FDIC, Interest Rates, Treasury Department, economics | Tagged: Banking, Banks, checking, FDIC, fdic insurance, FDIC Insured, fdic limits, Savings | Leave a Comment »
Posted on November 25, 2009 by MoneyBob
Not happy with your bank? The feeling is likely mutual.Don’t be surprised if your bank soon decides they don’t want your business anymore, says Rochdale Securities bank analyst Dick Bove.Why?Bank regulators and Congress are looking at ways at making the system more safe and sound in order to avoid another meltdown. What on the surface [...]
Filed under: Banking, Economy, MoneyBob Postings, economics | Tagged: Banks, Savings, Banking, Dick Bove, checking, bank accounts, debit cards, late fees, overdrafts, bounced checks | Leave a Comment »
Posted on September 26, 2009 by MoneyBob
The Fed upgraded its view of the economy Wednesday, declaring: “Economic activity has picked up following its severe downturn.”But forget all the talk about recovery, V-shaped or otherwise. The economy is actually worse today vs. during the depths of the recession, according to Peter Schiff, president of Euro Pacific Capital and author of Crash Proof [...]
Filed under: Aaron Task, Gold, MoneyBob Postings, Stagflation, US Dollar, Work, Yahoo Finance | Tagged: economics, Economy, Gold, Inflation, Life, Peter Schiff, Savings, Thoughts, Work | Leave a Comment »
Posted on August 25, 2009 by MoneyBob
A highly influential American has finally hit the panic button about the tremendous mountain of debt the country is piling up.Last year, Warren Buffett says, we were justified in using any means necessary to stave off another Great Depression. Now that the economy is beginning to recover, however, we need to curtail our out-of-control spending, [...]
Filed under: Aaron Task, Credit Crunch, Deflation, Depression, Dooms Day, Economy, Gary Shilling, Gold, Inflation, Interest Rates, Investing, Market History, Middle Class, MoneyBob Postings, Real Estate, Retirement, Risk in Portfolio, Saving, Silver, Stock Market, Taxes, The Fed, Thoughts, Treasury Bonds, US Dollar, Yahoo Finance, economics | Tagged: Economy, finance, economics, Inflation, Savings, Warren Buffet | Leave a Comment »
Posted on May 20, 2009 by MoneyBob
more about ""The Worst Is Yet to Come" If You’re …", posted with vodpod The green shoots story took a bit of hit this week between data on April retail sales, weekly jobless claims and foreclosures. But the whole concept of the economy finding its footing was “preposterous” to begin with, says Howard Davidowitz, chairman [...]
Filed under: Aaron Task, Credit Crunch, Depression, Dooms Day, Economy, Howard Davidowitz, Saving, Yahoo Finance, economics | Tagged: Depression, economics, Economy, Howard Davidowitz, Life, Personal Thoughts, Savings, Thoughts, Work, Yahoo Finance | Leave a Comment »
Posted on October 20, 2008 by MoneyBob
FDIC Go to the FDIC website and use EDIE the Estimator to calculate your FDIC insurance coverage for each FDIC-insured bank where you have deposit accounts. EDIE lets you know in a printable report for each bank whether your deposits are within or exceed coverage limits. BEFORE YOU BEGIN, HAVE A LIST OF: All the [...]
Filed under: Banking, Credit Crunch, Economy, FDIC, Insurance, Interest Rates, Investing, Saving, economics | Tagged: Assets, Bank Deposits, Banks, business, Checking Account, FDIC, FDIC Insured, Life, Money, Savings, Savings Account, Work | 1 Comment »
Posted on August 25, 2007 by MoneyBob
Top Savings Deposit Yields from Barrons Magazine dated 08-27-07 Money Market Accounts Institution Phone Number Yield Indymac Bank 877-202-5088 5.75 WT Direct 800-983-4732 5.26 E-Loan.com 888-533-5333 5.25 Countrywide Bank 800-844-1091 5.25 Transportation Allia 800-837-4214 5.25 Six-Month CDs Institution Phone Number Yield Countrywide Bank 800-844-1091 5.50 UmbrellaBank.com 866-862-7355 5.42 Corus Bank 800-555-5710 5.40 First Trade Union Sa 800-242-0272 5.25 Indymac Bank 877-202-5088 5.25 One-Year CDs Institution Phone [...]
Filed under: Interest Rates, Money Market, Saving, Top Rates | Tagged: business, economics, Economy, Investing, Life, Savings, Stock Market, Thoughts, Work, yields | Leave a Comment »
