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Consumer Confidence and the Recession

Consumer Confidence and the Recession

In a recession, everyone feels the pinch. One of the worst hits is the cost of living continuing to increase while many are losing their jobs and homes. Without any extra income (or even a complete and sudden loss of income) it is difficult to …

Ben Bernanke: Commissioner of the Economic Police Department?

Ben Bernanke: Commissioner of the Economic Police Department?

If it is not bad enough that the Federal Reserve has almost unlimited control over money and interest rates and can totally control the market from an office building, the Obama administration is proposing that the Federal Reserve serve as a regulator to detect activities …

How inflation can be bad, and good? or…just bad.

In a recession, everyone feels the pinch. One of the worst hits is the cost of living continuing to increase while many are losing their jobs and homes. Without any extra income (or even a complete and sudden loss of income) it is difficult to …

Banking On Bankruptcy

Picture this scenario: a man in his late 20’s has just been laid off from his job in a company where he has worked for five years. He is paying for a mortgage, debt from three credit cards, and what is left of his student …

Jim Kramer believes this is NO Great Depression

While the economy may have some of you thinking those horrible words, Jim Kramer from CNBC does not believe that the current economic crisis is anywhere near the level of the Great Depression. Not only that, but we are not going to suffer through another …