Economy
The Public Private Investment Program
About ten minutes ago, Neil Irwin published an article in the Washington Post that pertains to a topic every American is going to want to read. Its no secret that the reason our economy is so fragile right now is because the banks are not able to move any of their overly leveraged mortgage-backed securities, [...]
Obama Speaks Candidly To Leno
Regarding the financial collapse, taxes, bonus and the stunning outrages as of late. Also: when is the dog coming? Ok so its not the ahrdest hitting interview your ever going to see but the amount of confidence he exudes is definitely refreshing, relatively speaking of course.
Recession Rhymes
Recession Rhymes
By: MYM
Humpty Dumpty
Hedge fund managers sat on a wall
The over leveraged risk takers had a great fall
All the taxpayer dollars and President’s men
Tried to put the wall street pieces together again
Old King Cole
Old Uncle Sam was a merry old soul and a merry old soul was he
He called for his checkbook in the [...]
Why Is My Paycheck More?
Why is your paycheck more than usual? Because the economy stinks and the Democrats are in control! That was intended to be a joke, but it’s actually true. You may have noticed that your paycheck is slightly higher than it has been in the past, mine was $31 more. This is a result of the [...]
What Will I Receive in the New Stimulus Bill?
What’s in the 407 page stimulus bill that will actually affect the normal taxpaying citizen? Because of the enormity of the bill and the various sectors it reaches, whether you realize it or not, this bill will affect you in many ways. As for as actual provisions that put immediate money in your pockets, there [...]
What is the First Time Home Buyers Tax Credit?
Congress has been blamed for pushing homeownership so much so that in part, they helped our subprime crisis evolve. After all, it’s easy for them to turn a regulatory eye when their constituents are happy and in nice homes. Having said that, in a desperate move to try to get people to buy homes again [...]
Economic Effects for the Average Person
Sure, we read about the economy every single day. About business crumbling, prices rising and money literally just getting printed in order to pay things away. Our government is pulling out all the stops in attempts to redeem a shred of what was lost but the only thing that is going to help is time. [...]
Jump Start Your Efficient Economy
The Money Life Network has organized another group project entitled “Jumpstart YOUR Economy: Tips for Starting The New Year Off Right,” and we have to say, that we are excited to write about it. As of late, there has been enormous amount of activity in Washington DC regarding the economy, almost too much. I can [...]
Second Chance at 2008 Stimulus Check
If you didn’t receive your full rebate check a few months back, you may still be eligible to apply for the remainder of your stimulus if you made less in 2008 then in 2007. The original stimulus checks were rushed out with the hopes of a magical boost to our ailing economy. Because they were [...]
Stimulus Package Includes Billions of Questionable Spending
The fate of the upcoming stimulus bill is still up in the air with Senate Republican’s being the major roadblock. This is exactly why our democratic process is so genius. I personally believe we need a stimulus bill to create jobs and improve not only our nation’s physical infrastructure, but our economical infrastructure as well. [...]
Have an Economic Christmas!
A few cartoons, both humerous and political, for you to enjoy as we round on the holidays. Enjoy and feel free to submit your own!
MYM Endorses Presidential Candidate
While MYM is not a political blog and likes to avoid partisan arguments, we feel the presidential election is one that carries such huge financial implications that it’s necessary to weigh in. For the reasons set forth below, MYM endorsees Sen. Barack Obama (D-IL) as the best financially fit president to take the reigns for [...]
Markets Tumble, Surpassing Records Set During the Depression
Wow. The Dow Jones had its worst week in its 112-year history, even passing records set during the Great Depression. The S&P 500 had its worst week in 75-years, falling 39 percent since Jan. 1, 2008. Have we finally hit the bottom? Are more turbulent times ahead of us? How can it possibly get any [...]
Most Useful Articles in Personal Finance
Wow. Today was scary. Yesterday we Frank wrote an article about how the economy is in such a state of decline that its like being in a time machine. Well today we went even further back.
To have front row seats in Washington, watching legislators like we have, and red numbers flying all over the place [...]
