buldozing homes

Fed Owns 248,000 in Foreclosures— Is Bulldozing the Solution?

The US government has a backlog of 248,000 homes because of record numbers of property owners defaulting on government-backed mortgages. That equates to one third of the estimated 800,000 repossessed residential properties. We, as taxpayers, are the largest landowners in the country. The three … [Read More...]

euro collapse

Asia Feeling the Effects of the Euro Crisis

For most of the year, Asia has remained aloof from the financial chaos that plagued the countries in the West. The economies in the Asian/Pacific region continued to build up steam even as their markets sputtered in response to the markets in the rest of the world. Analysts voice concern that … [Read More...]

Poor in amaeican flag

Near Poor Americans Take Government By Surprise

Not too long ago, the New York Times asked the Census Bureau to create a special report on the number of Americans living in poverty. The Bureau revamped the formula traditionally used to include factors such as cost of living of the location, medical expenses, transportation, and work related … [Read More...]

bag fees

Congress May Regulate Airline Bag Fees

One of the new annoyances of traveling by air is the airline industry’s plethora of baggage fees. There is even a bill in Congress to address the issue. Later, you will see how the fees are exacerbating the other major headache of traveling by air—the time travelers spend in the airport security … [Read More...]

debt reduction committee

Déjà Vu in the Debt Reduction Hearings

Just like last summer, the Congress is exhibiting a lack of … [Read More...]

occupy wallstreet

Occupy Wall Street– Great Idea But Needs Work

The Occupy Wall Street Movement got quite a bit of news … [Read More...]

bank transfer day

Consumers Participate in Bank Transfer Day And Say No to Debit Fees

“Bank Transfer Day" began as a fan page on Facebook and … [Read More...]