In the News:
Uncle Sam Wants to Own Your Bank, And Your House
The latest in a very long list of government proposals to save the world is the most radical. Congress would create a mechanism to sweep the so-called toxic assets of banks, brokers, and insurance companies into one huge fund controlled by a new entity or some division of the Treasury.
http://www.247wallst.com/2008/09/uncle-sam-wants.html
Time to Buy Stocks -- Not Sell
Despite the frightening events on Wall Street, this bear market may be over soon. The crisis on Wall Street has caused so much panic that I think it's time to increase -- not decrease -- your allocation to stocks. All the usual caveats apply: Don't do this with money you're going to need in the next few years, and don't overdo it. But if you're a long-term stock investor, go ahead. A year or two from now, I have little doubt you'll be glad you bought during this tumultuous time.
http://www.kiplinger.com/columns/value/archive/2008/va0918.htm
Retailers Face Credit Crisis
Some struggling retailers are likely to face a tightening of the short-term credit that carries them through the holiday season, and they could have trouble renewing long-term financing unless creditors ease their loan terms or the retailers pay a lot more. Midlevel retailers, many of whose customers are cutting back on discretionary purchases and trading down to discounters, will likely be in the toughest spot.
http://www.usatoday.com/money/industries/retail/2008-09-18-retail-credit-squeeze-holiday_N.htm
Beware of Hidden College Fees
With college tuition higher than ever, some universities are getting creative by disguising additional costs as mandatory fees. Here are a few examples of fees being charged at universities across the country and where the money is heading.
http://www.mainstreet.com/article/life-stages/educational-funding/beware-hidden-college-fees
Some struggling retailers are likely to face a tightening of the short-term credit that carries them through the holiday season, and they could have trouble renewing long-term financing unless creditors ease their loan terms or the retailers pay a lot more. Midlevel retailers, many of whose customers are cutting back on discretionary purchases and trading down to discounters, will likely be in the toughest spot.
http://www.usatoday.com/money/industries/retail/2008-09-18-retail-credit-squeeze-holiday_N.htm
Beware of Hidden College Fees
With college tuition higher than ever, some universities are getting creative by disguising additional costs as mandatory fees. Here are a few examples of fees being charged at universities across the country and where the money is heading.
http://www.mainstreet.com/article/life-stages/educational-funding/beware-hidden-college-fees
Tesla Roadster sets a record -- travels 313 miles on a single charge
Cramer on BloggingStocks: China's industrial focus helps lots of U.S. names 
Why do we have a weak dollar?
Reader Comments (Page 1 of 1)
9-19-2008 @ 11:12AM
Joe Theep said...
Thanks Congress and Senate for fixing your rich buddies problems while we working people struggle to live.
You are the worst people in the world.
You have no brains and no ability to think through tough problems. If we fail it is tough love. If the rich fail then oh we need to help them with the working people’s money because they give us money to campaign with. What BS.
Impeach them all.
Do not vote for an incumbent.