Finances


11 Tips how and why to resign from congressional posts

Mar 3, 2010 | | Posted in Finances Beware

How to resign from Congressional posts is easy. You call a press conference. You say “I want to resign and then resign.” Give your resignation to the Speaker of the House or I am guessing now, to the President of the Senate if you are a Senator. Who controls the Senate and the House? You … Continue Reading »



Tips to keep your money safe when traveling overseas

Mar 2, 2010 | | Posted in Finances Beware

When you travel overseas, you must keep your money safe if you do have to take large sum with you. Instead of cash, experts advise to carry traveler’s checks, the most frequently used are those issued by American Express. Don’t completely rely on cash. You carry credit cards in the United States, frequently more than … Continue Reading »


“No Child Left Behind” and current financial crisis. Parallels?

Feb 8, 2010 | | Posted in Finances Beware

New York Times online has an article – an editorial – on Thursday, February 4. The title of the article is “Making ‘No Child’ Better .” The editorial is written stating how best to make the ‘No Child Left Behind Education Act of 2002′ better and make it work. However, I see some parallels between … Continue Reading »


Will politics or hard-core economic policies reduce deficit?

Feb 7, 2010 | | Posted in Finances Beware

New York Times online has an article written by Paul Krugman on Thursday, February 4. The title of the article is “Fiscal Scare Tactics.” The crust of the article is there is a huge difference of opinion between what you see and hear on TV from economics commentators and the many hard-core economists of the … Continue Reading »


How do we avoid another recession in the future?

Feb 6, 2010 | | Posted in Finances Beware

New York Times online has an article written by William D. Cohen on Thursday, February 4. The title of the article is “Mystery Men of the Financial Crisis.” The crust of the article is that we still don’t know what led the economy to the disaster that we encountered and so wholeheartedly accepted. The economists … Continue Reading »


The ever-increasing gulf between Wall Street and Main Street

Jan 17, 2010 | | Posted in Finances Beware

Robert Reich has an article over at huffingtonpost.com that he wrote on January 13, 2010. He has compared the big guys on Wall Street with us folks on Main Street. I thought the points he made were important and “revealing” that I should mention them here, of course with a little twist of my own. … Continue Reading »


Galleon Group’s Raj Rajaratnam paid for inside information

Jan 7, 2010 | | Posted in Finances Beware

A while back, I did a post on Roomy Khan’s lawyer didn’t return calls for comment. Raj Rajaratnam’s name came into light along with Roomy Khan’s. Raj is the founder of hedge-fund firm Galleon Group. Wall Street Journal and other financial sources have reported that Mr. Rajaratnam made payment in 2006 to an unidentified source … Continue Reading »


Tips to protect yourself from the financial scums of the world

Jan 6, 2010 | | Posted in Finances Beware

The scums and the schmucks of the financial world dealing with your finances are increasingly on the rise. You cannot completely, 100%, protect yourself from them. But, in real life, like anything else, you just have to try to somehow beat the scums at their own game. In a handful of states, there are laws … Continue Reading »


The Anacondas of the financial world are retreating – partially

Dec 14, 2009 | | Posted in Finances Beware

Thanks to the President and the Congress, the Anacondas of the financial world are retreating, partially till the Senate says OK as well. On Friday, December 11, The U.S. House of Representatives approved the biggest changes in financial regulation since the Great Depression. The details are a bit sketchy for my taste, but it’s not … Continue Reading »


Beware the work-at-home scams

Dec 11, 2009 | | Posted in Finances Beware

With the popularity of broad-band (high-speed) Internet access, there have been new, better-paying choices for people who want the flexibility and convenience of careers that don’t require for folks to go outside their homes. However, statistics tell us that there is one legitimate job out of 58 jobs that you come across on the Internet. … Continue Reading »


Roomy Khan’s lawyer didn’t return calls for comment

Nov 8, 2009 | | Posted in Finances Beware

Who the heck is Roomy Khan? Never heard of Khan before. The name came into the light of the day last Thursday as if Khan was living in a dark hole. On the second thought maybe Khan was living in a dark hole. [If you notice, I am not calling Khan by he or she … Continue Reading »


Spokane WA means children of the scam?

Oct 12, 2009 | | Posted in Finances Beware

The name Spokane (pronounced spo-can), Washington State’s second-largest city, means children of the sun in a Native American dialect. William P. Barrett, over at Forbes Magazine, says “children of the scam” seems equally fitting. He must have done his research to claim something like that. He gives a few examples why he thinks rugged individualism … Continue Reading »


Be aware of banks hidden charges

Sep 25, 2009 | | Posted in Finances Beware

In the wake of the uproar over bank fees charged to debit card holders, banking giants Bank of America and JPMorgan Chase announced Tuesday drastic changes to their overdraft policies.
However, there is a long list of fees that people pay that doesn’t require any type of acknowledgment on the part of the consumer.
Watch out for … Continue Reading »


NY’s Cuomo may charge BofA execs over Merrill

Sep 8, 2009 | | Posted in Finances Beware

NEW YORK (Reuters) – New York’s attorney general threatened on Tuesday to file charges against top executives of Bank of America Corp over the disclosure of details regarding bonuses it authorized to Merrill Lynch & Co employees before the company’s merger.
The threat by Attorney General Andrew Cuomo comes as U.S. District Judge Jed Rakoff considers … Continue Reading »


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