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700 Billion Bucks at Stake in “Bailout Billiards”

September 29th, 2008 · No Comments

Remember those tounge-twisters we loved as kids? Say this a few times quickly: “buku billion bucks buys bad bank books in bailout billiards”. Or perhaps a more appropriate gaming analogy is the Treasury Department going “all-in” in a $700 billion Texas Hold ‘Em poker bet. All kidding aside, either way, it’s a scary proposition for […]

Popularity: 18% [?]

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Tags: Banking · Consumer Debt

Credit Crunch Timeline: How Did We Get Here?

September 2nd, 2008 · 2 Comments

A question that most certainly been addressed by many, and no doubt will continue as a hot topic for longer than we’d like. But it warrants repeat as so many of us did not heed the signs… just a quick synopsis of events leading us to our current fate, beginning in 2004:

Years of home price […]

Popularity: 22% [?]

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Tags: Banking · Consumer Debt · Mortgages · Real Estate

Is Illegal Immigration a Factor in the Credit Crunch?

August 12th, 2008 · 2 Comments

With more than 12 million illegal immigrants estimated to be living in this country, it’s certainly a question worth posing. Determining the impact of illegal workers on unemployment rates, healthcare costs, and other social and economic sectors is difficult enough, due to the nature of them being “undocumented”. There are numerous arguments both for and […]

Popularity: 21% [?]

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Tags: Banking · Consumer Debt · Mortgages

Spam Volume Down Due to Credit Crunch?

July 18th, 2008 · 2 Comments

The economy may be affecting who can afford to spend $.0001 per 1 million messages. Have you noticed recently that the volume of spam is down in your email boxes? I just came back from a 2 week vacation and instead of the 4500 spam email messages I expected, there were only about […]

Popularity: 23% [?]

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Tags: Banking · Budgeting · Consumer Debt