With the economy still in miserable mode, I thought this was a great way to save money: A Financial Fast.
Part of the fast is lay off using plastic, and the reasoning is very sound:
Curtailing your consumption is just one part of the fast. The second part is eliminating the use of plastic, both credit and [...]
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Filed under: In The News
One of the joys of Halloween is to dress in scary costumes and pretend to frighten others, who pretend to be frightened. But with less than two weeks until an evening of trick-or-treating, it’s possible there won’t be anything scarier than what’s already happened in the country.
We are being told to fear the swine flu [...]
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Filed under: In The News
Sam Stein reports in the HuffPo that the House reached an agreement on Monday on establishing a “9/11-styled commission that would be independent of Congress and granted the power of subpoena to investigate the origins of the financial crisis.”
Aides on the Hill said that the House will likely vote on the measure Wednesday, adding that the [...]
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Filed under: Congress, Credit Crisis, Democrats, Economic News, Economic Stimulus, Economy, House of Reps, In The Blogosphere, In The News, Obama Administration, Pamela Leavey, Political News, Politics, Recession, Republicans, Senate, Wall Street
Have you ever used your bank debit card to buy something thinking you have enough money in the account and then found you got hit with a whopping fee because you didn’t have enough money but the bank passed through the transaction anyway? I just recently had this happen to me and it wasn’t pretty.
As [...]
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Filed under: Action Alerts, Congress, Consumers, Corporatism, Credit Crisis, Democrats, Economic News, Economy, House of Reps, In The News, Pamela Leavey, Politics, Wall Street
The NY Post reports today that Citi and BofA have been “scooping up” the “toxic mortgage assets” that Treasury Secretary Tim Geithner made available with his “plan to help the nation’s largest banks purge” the toxic assets.
Citi and BofA each “received $45 billion in federal rescue cash meant to help prop up the economy and jumpstart [...]
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Filed under: Corporatism, Credit Crisis, Economic News, Economy, In The News, Obama Administration, Pamela Leavey, Political News, Wall Street
Via Josh Marshall at TPM:
The Times has a piece in tomorrow’s paper coalescing the growing number of experts who believe that many of the big banks are insolvent and that — whatever you want to call it — the government is going to have to step in and really resolve the crisis, through some process [...]
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Filed under: Credit Crisis, Economic News, Economy, In The News, Pamela Leavey, Political News, Wall Street
What a wild roller-coaster ride the last few days and certainly the last few hours have been!
I’m just relieved that the market is closed right now because I was getting dizzy watching it.
There’s a lot of wild stuff in today’s Ten Post Round-Up. But, before we get into that, let’s see what our favorite uncle [...]
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Filed under: In The News
by Rosemary and Walter Brasch
It was Monday evening and the phone rang—again. It was probably the fifth time in two hours. A pleasant voice said she was from the—oh that really doesn’t make any difference. Both presidential candidates have volunteer minions on the phones and Internet day after day, month after month, for what seems [...]
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Filed under: Consumers, Economy, George W. Bush, Wall Street, Walter Brasch
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