Debit versus Credit

Category: Miscellaneous

  • 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…

  • 5 Reasons We Don’t Need No Stinking Bailout

    A wise man once said, “with great power comes great responsibility.”  Whether you are into Spider Man or not it’s hard to ignore such a profound statement, especially when the U.S. is facing times of great turmoil and our nations’ leaders are asking for unprecedented levels of power in order to shore up the financial…

  • 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,…