-
·
What The Hell Is Going On In Washington?
I’d really like to know what is going on in Washington. What runs through the minds of our so-called congressmen and congresswomen? Why is it that we’ll pony up $700 billion dollars with just the snap of a finger to help battle a crazy mortgage related mess but we’re too damn poor (or are we…
-
·
Congratulations to the Winners!
The month of October has come and gone, and so has the very first contest that I’ve ever held at Debit versus Credit. I’m happy to announce the winners of the contest. Drumroll please… The grand prize winner is Lisa. The first prize goes to Jules. The second prize winner is Cady. Congratulations to our…
-
·
Last Day to Win $25 Cash and a Personal Finance Book
Happy Halloween! If you haven’t already heard I’m sponsoring a contest where I’m giving away cash and three copies of the book, Scratch Beginnings. It’s easy to enter. All you have to do is go to the contest link, do any (or all) of the following and leave a comment at the contest post. 1…
-
·
Win a $25 Gas Card and a Personal Finance Book!
With the high price of gas and entertainment these days it’s sometimes better to just stay inside and entertain yourself at home. I want to offer you something more than that though. How about a $25 gas card and a personal finance book? This way you can afford to drive your car to the other…
-
·
Blog Action Day 2008: Fighting Poverty
Today is Blog Action Day 2008. The focus this year is on Poverty and overcoming the devastating effects of said tragedy. Poverty is a terrible thing. So many people around the world are suffering because of a lack of resources, a lack of money and a lack of opportunity. Truly I am blessed having lived…
-
·
Happy Birthday to Debit versus Credit!
Honestly I can’t believe that it’s been a year already. I started this blog a year ago today with the intention of sharing my thoughts and advice on finance, money and the business world. Looking back I’m really proud of what I’ve accomplished, not only with the content I’ve provided but with how much this…
-
·
Weekend Reading: October 4
Good morning and happy weekend to all of you! It’s been an interesting week, with the stock market being so volatile and the $700 billion bailout being passed and signed into law. I’m still of the opinion that the latest government action will not be enough to bring us out of our economic slump that…
-
·
The Bailout of Fannie and Freddie: Redux
You may remember the post I published a month ago which was about the government bailout of Fannie Mae and Freddie Mac and what it might mean to us as the American people. I haven’t made it a habit to revisit old posts often because a large amount of my content is focused more on…
-
·
The End of the World As We Know It: National Bankruptcy!
If you had to take a close look at the U.S. markets and the financial system and give an estimate on the absolute worst-case scenario for our economy, what would you predict? Martin Hennecke, senior manager of private clients at Tyche, has done just that and he has publicly declared that he believes that the…
-
·
When Will The Bailouts End?
Maybe it’s just me, but these bailouts seem to be happening more and more frequently these days. Six months ago it was Bear Stearns. Just two weeks ago we bailed out Fannie Mae and Freddie Mac. Now, as you’ve undoubtedly heard, the U.S. government has taken it upon itself to bail out American International Group,…
-
·
The Bailout of Fannie and Freddie
The United States of America has officially become a nation of bailouts. With the government takeover of Fannie Mae and Freddie Mac on Sunday, September 7 they have also become the nation’s largest mortgage provider. They now own (or back) around $5-6 trillion in mortgage loans, which is roughtly half of the existing mortgages in…