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  1. M

    Boomers in Trouble: The Unheralded Economic Mega-Trend

    And it only applies in probably a handful of places overall. The people who are making money and doing very well are few and far between in the GRAND scheme of things. Sure, if you surround yourself with wealth and abundance you're not going to see much of the other side of the picture if at...
  2. M

    US Commercial banks alone own an unbelievable $202 trillion in derivatives.

    Even still, what it really "worth"? :)
  3. M

    College Grad Can't Find Job; Sues School For Tuition

    Maybe you just need to get your lawsuit heard by the media :) -------------------------- It was announced today by The Ski Channel Founder and CEO, Steve Bellamy that The Ski Channel would offer an entry level job to Trina Thompson, the 27 year old Information Technology Graduate who is...
  4. M

    13 Million Americans Exhaust Unemployment by 12/09

    In a related story: The Senate has passed a $124 billion bill that pays to add millions of people to the food stamp rolls as rising numbers of the jobless are forced into the program.
  5. M

    Obama's Loan Mod Program: 9% Getting Help So Far

    http://money.cnn.com/2009/08/04/news/economy/Obama_mortgage_modification/?postversion=2009080417 NEW YORK (CNNMoney.com) -- The Obama administration's first progress report on its foreclosure prevention plan confirms it is off to a slow start. Just 9% of delinquent borrowers are in trial...
  6. M

    Even Free Government Money Under "Cash for Clunkers" Can't Stop Automotive Bleeding

    let's see.. 1 billion barely lasted a week. 2 more billion might get it through another 7-10 days. They wanted this to last through September 30th. That's about 8-10 billion easy given the strong demand.
  7. M

    Postal officials consider closings, consolidation

    ahhh but they've tried a bunch so far. Communities and politicians cried about it saying don't close ours. Ultimately, something will have to give.
  8. M

    Is The FDIC Broke And Covering It Up?

    There's the next part. As it stands after Friday's failures: "The Federal Deposit Insurance Corporation (FDIC), which insures up to $250,000 per account at member institutions, will take a hit of over $911.7 million on account of the 4 failures. The total cost for failed banks is $15.13...
  9. M

    Cash for clunkers will get many people even more indebted

    Too late; I already bought my telescope :D
  10. M

    College Grad Can't Find Job; Sues School For Tuition

    No way would these multi-million and billion dollar institutions go for that. Unless enrollment suddenly starts plunging and they get desperate. But to theorize, a "guarantee" like that would need to say something along the lines of proving you've tried to get employment in your degree...
  11. M

    In next few months, 1.5 million jobless in U.S. will exhaust unemployment benefits

    indeed. Well, don't extend the benefits and this may be the beginning of the double dip. We can't have that, so extend another 20 weeks and watch the market rally :)
  12. M

    Looking for a bargain ? FDIC's "Other Asset Sales"

    Office chairs for a buck or two. Furniture for say 30? Microwave for 10ish. Fridge for the cold ones for another 10-15. Instant office!
  13. M

    Cash for clunkers NOT suspended......

    In the meantime, good old John McCain looks to filibuster the bill today when it should be up for vote. Get your popcorn out; this ought to be fun.
  14. M

    College Grad Can't Find Job; Sues School For Tuition

    boo hoo hoo; hey NOTHING is guaranteed in life... http://www.nbcnewyork.com/news/local-beat/College-Grad-Cant-Find-Job-Wants--Back-52304162.html She went to college to boost her chances of finding a great job once she got out of school, but now that that hasn't happened, Trina Thompson...
  15. M

    Looking for a bargain ? FDIC's "Other Asset Sales"

    been on Penny Worley's site several times. No shipping allowed for winners, but needless to say, the stuff on there is going for ridiculously mad low prices. When they liquidate assets for banks, they liquidate EVERYTHING..right down to the chairs, cash machines and safes.
  16. M

    Is The FDIC Broke And Covering It Up?

    they got a loan some weeks ago after what the 30th-something bank failed (budget line was pretty tapped at that point). They can't "afford" seizing all these banks at once.
  17. M

    Cash for clunkers NOT suspended......

    once again...borrowing tomorrow to pay today.
  18. M

    Suspend "Cash for Clunkers"?

    So maybe I was wrong a bit on the last part. But, the dealers are also still taking a risk if the salesman wants to push the deal through. There are still people pissed because they not only have traded their car in...they haven't gotten the car they bought yet due to the red tape. Report...
  19. M

    Big Texas bank on verge of failure

    Just let it fail. Companies will snatch up the scraps for pennies on the dollar and the FDIC will grab whatever won't go.
  20. M

    Cash for clunkers NOT suspended......

    As I posted before, dealers are telling consumers (some of them anyway) that if they write this through, it'll depend on what the government says now with the Senate not voting on it until next week. So what then? Return the car and ask for your money back because you didn't get the discount?
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