Financial Wisdom and Wealth

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Athough, I had previously posted information concerning this 5 months ago, Median Home Prices Adjusted for Inflation, here is Glenn Beck, with his analsys of why what Obama is saying just won’t help, and in fact his plan is absolutely UNREASONABLE!

Concerning stressing to Congress to pass a nearly Trillion Dollar Spending Bill, President Barack Obama warned that failure to act quickly “will turn crisis into a catastrophe and guarantee a longer recession and the national unemployment rate will reach double digits”
Obama is no longer a man of “HOPE” and “CHANGE,” but rather for instilling FEAR [...]

Many people thinking negatively say that we have been in a recession for over a year.  These are the same people who claim we had a recession in 2001.  The sad truth is that our country has NOT been in a recession since the first Gulf War in 1990-91. That’s right; let’s look at the [...]

Dividends are being cut at the fastest pace in at least 50 years, and many of the reductions are coming from U.S. companies investors have been relying on to provide income during the recession.
Here’s some advice: DO NOT RELY UPON OTHERS FOR INCOME! It’s called being self-reliant; you can learn a lot at [...]

The markets have been an indicator of how much confidence the American people have in the economy as well as who can make or break the economy.
The first full trading day after the election, November 5, 2008, the Dow Jones Industrial Average (DJIA) plunged 486 points, and the S&P 500 plunged 52 points, both losing over [...]

There was a documentary released in 2006 called Who Killed the Electric Car?. This movie really provides detailed information about the the auto industry and possibly why the big three auto makers are in their current financial mess. They have the technology and the ability to produce these electric cars at affordable prices, [...]

The Labor Department reported job losses of 524,000 in December and a 7.2 percent unemployment rate, the highest in 16 years. There were job losses in every month in 2008, with 2.6 million jobs loss, making it the single worst year of nominal job losses in over 60 years (since 1945). The media [...]

Barack Obama has promised that he will raise the tax on the wealthy, and that the Bush tax cuts mostly affected the wealthy. If the wealthy were gone, and the US Treasury were not able to collect their taxes, then the other 95% of Americans would have to pickup the tab. You think [...]

The bailouts is just another way for the government to steal from the citizens. It causes nothing but more problems for the economy. People who have homes in foreclosure are trying to work with the banks to help their situation, either by refinancing or some other means. However, since the banks have [...]

Regulators on Friday closed Haven Trust Bank in Georgia and Sanderson State Bank in Texas, bringing to 25 the number of U.S. bank failures this year. The Federal Deposit Insurance Corp. was appointed receiver of Haven Trust Bank, based in Duluth, Ga., and Sanderson State, with one office in Sanderson, Texas.
The 25 U.S. bank [...]