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Article Archive for September 2008

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FDIC urges a hike in insured deposits.

After the House of Representatives shot down the $700 billion bail out plan yesterday, the FDIC has asked congress to temporarily raise insured deposits from $100,000 to $250,000.
I can honestly say I don’t know anyone with over $100,000 in the bank, but the measure is …

They’ve come to an agreement!!

Just after midnight Congressional leaders and members of the Bush administration came to a tentative deal on the bailout. Nancy Pelosi even said all that had to be done was for the agreement to be put on paper. Even treasury secretary Paulson said …

And then there was the debate

Last night Barack Obama and John McCain came down to Oxford and gave a debate. While the topic was set as foreign policy, they spent most of the time talking about domestic issues, mainly financial ones.
The debate got heated at times, but it remained fairly …

How about some good news? T-Mobile previewed the G1 Android based phone this week

T-Mobile acquired the very first Android based phone some how and they were showing it off this week.
Because the phone is run on the Google platform Android and not Apple’s software, it is open source and developers can program their own applications for the phone.
This …

Will they or won’t they?

Everywhere I’ve gone today all I’ve heard is people talking about whether or not the scheduled debate will happen. McCain says he will come if a bailout deal is made by Friday morning. I don’t see that happening simply because the last I …