Lower Credit Limits Can Mean Lower Credit Scores

Posted October 31st, 2008

OK, so I am just another ticked off  consumer some days. I can’t imagine that it is any fun to work for a credit card company these days. I mean, I do feel some sympathy for the people who are having to talk to the public every day and explain that while the federal government [...]

Surviving A Recession

Posted October 10th, 2008

We are all facing tough economic times. There is not denying it, though it seems like until the last few months, the politicians and big business leaders have tried! But now that everybody is forced to face reality, let us look at a few things that consumers can do to survive these days of a [...]

Largest US Job Cut in 5 Years Fuels Worries

Posted October 3rd, 2008

September, 2008 Job Cuts Top Expectaions
Most people were expecting about 100,000 jobs cut from the US market, but the bad news is in.  The labor department reported that 159,000 US jobs were cut in September of 2008. This is another worrisome sign that the economy is headed for a deep recession.
This is the 9th month [...]

How Much Is The Bailout — Measuring 700 billion dollars

Posted October 1st, 2008

Are you having trouble wrapping your brain around the concept of 700 billion bucks? Me too. Just how much money is that, anyway? I mean, the obvious answer is that is is $700,000,000.00, but that is such a big number it is really hard to grasp. It is certainly a lot more than I have [...]