More Communities Ink Their Own Currencies

April 7, 2009 at 9:29 am | Posted in Uncategorized | Comments Off on More Communities Ink Their Own Currencies
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More Communities Ink Their Own Currencies:”A small but growing number of cash-strapped communities are printing their own money.”

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Hmmm… Citigroup bonds have value?

March 10, 2009 at 8:03 pm | Posted in Uncategorized | Comments Off on Hmmm… Citigroup bonds have value?
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Hmmm… Citigroup bonds have value? “Graybill says Citi’s short-term senior debt—bonds maturing in three years or less—is a safer bet because the government won’t let the company default.

Exactly what conservatives don’t like about this deal.

FBI Finds Alleged Scammer Stanford

February 19, 2009 at 3:36 pm | Posted in Uncategorized | Comments Off on FBI Finds Alleged Scammer Stanford
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FBI Finds Alleged Scammer Stanford: “The billionaire banker accused of scamming $8 billion, R. Allen Stanford, was located by FBI officials today and served with civil papers by the SEC, putting an end to a nationwide search.”

Long Term Consequences of the Stimulus

February 16, 2009 at 9:28 pm | Posted in Uncategorized | Comments Off on Long Term Consequences of the Stimulus
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Long Term Consequences of the Stimulus: “Where will this money come from?”

Too Late, Bill

February 16, 2009 at 8:44 pm | Posted in Uncategorized | Comments Off on Too Late, Bill
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Too Late, Bill: “I think that the only thing that our administration did or didn’t do that we should have done is to try to set in motion some more formal regulation of the derivatives market.”

White Collar Homeless Rising

February 16, 2009 at 5:34 pm | Posted in Uncategorized | Comments Off on White Collar Homeless Rising
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White Collar Homeless Rising: “Unfortunately this family is representative of the new face of homelessness in our community. The college educated family forced to leave their rental home and bounce around from motel to motel with no money for food to feed their children.”

Via SurvivalBlog.

Porn Industry Wants Some of That

February 11, 2009 at 9:35 pm | Posted in Uncategorized | Comments Off on Porn Industry Wants Some of That
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Porn Industry Wants Some of That: “Nobody could imagine that pornographers would be brazen enough to line up at the government trough.”

Nobody’s Listening, Geithner

February 11, 2009 at 9:28 pm | Posted in Uncategorized | Comments Off on Nobody’s Listening, Geithner
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Nobody’s Listening, Geithner: “Secretary Geithner’s speech yesterday unveiling the plan is being met with universal distain…

Starbucks Offers Breakfast Deal, Finally

February 11, 2009 at 9:15 pm | Posted in Uncategorized | Comments Off on Starbucks Offers Breakfast Deal, Finally
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Starbucks Offers Breakfast Deal, Finally: I wonder why they didn’t think of this before? I always went there for the food, and not the coffee. Pretty decent breakfast sandwiches.

Corporate Fraud Running Rampant

February 11, 2009 at 7:23 pm | Posted in Uncategorized | Comments Off on Corporate Fraud Running Rampant
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Corporate Fraud Running Rampant: “Pistole says there are 530 active corporate fraud investigations, and 38 of them involve corporate fraud and financial institution matters directly related to the economic crisis.”

The Argentine Warning to the U.S.

February 11, 2009 at 7:14 pm | Posted in Uncategorized | Comments Off on The Argentine Warning to the U.S.
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The Argentine Warning to the U.S.: “When honest money perishes, the society goes with it. We can’t say we weren’t warned.”

Giving Generously In Hard Times

February 11, 2009 at 10:29 am | Posted in Uncategorized | Comments Off on Giving Generously In Hard Times
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Giving Generously In Hard Times: “When you are feeling afraid, an action denoting trust always makes you feel less fearful and more powerful…”

Well said, and also, Modest Needs is a great organization that helps individuals and families in need.

Retailers Lose Money on Store Credit Cards

February 10, 2009 at 10:49 am | Posted in Uncategorized | Comments Off on Retailers Lose Money on Store Credit Cards
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Retailers Lose Money on Store Credit Cards: “Though only a small corner of the credit card market, cards that can be used only at a single retailer are quickly turning into a big headache for their issuers.

Mafia Injecting Cash Into Desperate Banks

February 10, 2009 at 10:40 am | Posted in Uncategorized | Comments Off on Mafia Injecting Cash Into Desperate Banks
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Mafia Injecting Cash Into Desperate Banks: Cash-rich Mafia groups have been channelling funds into banks desperate to survive the global credit crisis, the UN anti-crime chief said on Monday.

Groveling Before the Fed

February 10, 2009 at 10:38 am | Posted in Uncategorized | Comments Off on Groveling Before the Fed
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Groveling Before the Fed: We’ve seen money go out the back door of this government unlike any time in the history of our country,’ Senator Byron Dorgan, a North Dakota Democrat, said on the Senate floor Feb. 3.

Senate Set to Pass Stimulus Bill

February 10, 2009 at 10:18 am | Posted in Uncategorized | Comments Off on Senate Set to Pass Stimulus Bill
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Senate Set to Pass Stimulus Bill: “The U.S. Senate has enough votes to pass an $838 billion economic stimulus package and clear the way for negotiations with the House to get a bill to President Barack Obama’s quickly.”

Banks May Need $2 Trillion Bailout

February 10, 2009 at 10:15 am | Posted in Uncategorized | Comments Off on Banks May Need $2 Trillion Bailout
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Banks May Need $2 Trillion Bailout: “I want to be candid: this strategy will cost money, involve risk, and take time,” Geithner said today.

When the Financial World Almost Stopped

February 9, 2009 at 11:06 pm | Posted in Uncategorized | Comments Off on When the Financial World Almost Stopped
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When the Financial World Almost Stopped: “We were having an electronic run on the banks. They decided to close the operation… If they had not done that, their estimation is that… within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.”

Very scary, indeed. When will the next crisis occur, and how long will it take before we all find out?

Holding Bank CEOs Accountable

February 9, 2009 at 11:00 pm | Posted in Uncategorized | Comments Off on Holding Bank CEOs Accountable
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Holding Bank CEOs Accountable: What they need to tell us.

Really? Only Government Can Save the Economy?

February 9, 2009 at 6:58 pm | Posted in Uncategorized | Comments Off on Really? Only Government Can Save the Economy?
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Really? Only Government Can Save the Economy? According to President Obama, the answer is yes.

Top Financial Heavyweights Who Will Affect You

February 6, 2009 at 10:58 pm | Posted in Uncategorized | Comments Off on Top Financial Heavyweights Who Will Affect You
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Top Financial Heavyweights Who Will Affect You: “U.S. News & World Report compiled a list of key CEOs, politicos, and even media stars to watch in 2009.”

Madoff Customer List Is 162 Pages Long

February 6, 2009 at 10:56 pm | Posted in Uncategorized | Comments Off on Madoff Customer List Is 162 Pages Long
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Madoff Customer List Is 162 Pages Long: “Notables on the list include the International Brotherhood of Teamsters Local 1249 Pension Fund and John Denver Enterprises.”

No Stimulus For France

February 3, 2009 at 9:45 pm | Posted in Uncategorized | Comments Off on No Stimulus For France
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No Stimulus For France: “When France is more responsible and less socialistic than your own government, it’s time to worry.”

Should I Be Worried That My State Could Go Bankrupt?

February 3, 2009 at 9:27 pm | Posted in Uncategorized | Comments Off on Should I Be Worried That My State Could Go Bankrupt?
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Should I Be Worried That My State Could Go Bankrupt? “There is a high chance a majority of the States within the United States of America could file for Chapter 9 bankruptcy.”

California Stops Paying Its Bills

February 3, 2009 at 9:27 pm | Posted in Uncategorized | Comments Off on California Stops Paying Its Bills
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California Stops Paying Its Bills: “People are going to be hurt starting today,” said Hallye Jordan, speaking on behalf of the state Controller. “There’s no money.”

They’d better do something quick.

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