Consumers cut credit payments, struggle to pay bills

Sunday, February 1, 2009, 11:53 AM | Leave Comment reported on Jan. 29, 2009 that consumers are dramatically scaling back how much of their credit card balances they pay each month. The percentage of outstanding card debt paid – fell by 2.5 percentage points to 16.1%. The drop in November, the latest month available, is among the largest on record, according to, […]

Obama promises lower mortgage costs, new loans

Sunday, February 1, 2009, 10:05 AM | Leave Comment

USA Today online reported that President Barack Obama said Treasury Secretary Timothy Geithner soon would announce a new strategy “for reviving our financial system that gets credit flowing to businesses and families.” The President said “We will help lower mortgage costs and extend loans to small businesses so they can create jobs. We will ensure […]

Tips What To Do During A Credit Crisis

Sunday, February 1, 2009, 6:00 AM | Leave Comment

By now, everyone knows we are in recession. Many economists agree that the recession will get worse before we see light at the end of the tunnel. Many people get into a panic mode. They keep wondering whether to continue keep money in the bank which most people do anyway. But they tend to lose […]

Losing Your Job Is Quite Fearsome

Saturday, January 31, 2009, 12:04 AM | Leave Comment

It definitely looks like the Great/Worst Depression of the 1930s. You see long lines of the newly laid off at the unemployment office everyday. This month alone, several major companies, including Caterpillar, General Motors, Texas Instruments, Home Depot, Sprint Nextel and Pfizer brought the total of jobs shed so far this month to 187,550. This […]

Top Colleges Are Not Just For The Rich

Wednesday, January 28, 2009, 12:26 AM | Leave Comment

A new report called “Best Value Colleges for 2009,” issued Thursday by The Princeton Review and USA TODAY, spotlights 50 public and 50 private colleges and universities. These colleges do an exceptional job of helping qualifying students to pay for their higher education. Like President Obama’s campaign, they are inclusive – not exclusive any more. […]

One Of The Most Successful Investors – Carl Icahn

Tuesday, January 27, 2009, 2:00 AM | 1 Comment

When Carl Icahn starts buying the stock of a company he believes is poorly managed, typically its stock price bounces back upwards. Wall Street has a catch phrase for that: The “Icahn Lift.” Time Magazine interviewed Icahn on the occasion of his 71st birthday in February 2007. When he was asked about retirement, he answered, […]

A Guide for Adults With Depression

Monday, January 26, 2009, 3:47 PM | 2 Comments

This guide can help you work with your doctor or nurse to choose medicines for depression. It covers: Common medicines for adults with depression Side effects Price This guide is based on a government-funded review of research about the medicines often used to treat adults with depression. This guide does not cover: Treatment of depression […]

A guide for men with localized prostate cancer

Monday, January 26, 2009, 12:04 AM | 1 Comment

I am 60 years old. I have been to the doctor’s twice. One in 1986 and the second time in late 2005. So far, I have not done tests for either colon or prostate cancer. I plan to do that in 2009. Most men have time to learn about all the options for treating their […]

High Profile Projects Are Being Delayed or Canceled

Friday, January 23, 2009, 12:55 PM | 1 Comment

No one and I mean no one is immune to the market meltdown and the credit crunch that the U.S. economy is facing and experiencing. It’s like a computer virus that is spreading all over the world and diminishing the wealth of the wealthiest. The recent news is that a $2 billion dollar luxury beachfront […]

IRS wants to help us in our financial struggle

Thursday, January 22, 2009, 12:07 AM | 1 Comment

On Jan. 6 2009, Internal Revenue Service – IRS – announced that it has taken new steps to help taxpayers struggling to pay their taxes during the deepening economic crisis. With greater flexibility, IRS employees can work with taxpayers and temporarily suspend collection activity, including garnishing wages and other enforcement steps. This is the second […]