IRS Seeks To Return $266 Million To Americans

Wednesday, November 19, 2008, 9:22 AM | Leave Comment

On Oct. 23, 2008, IRS posted this news about IRS Seeks to Return $266 Million. The Internal Revenue Service is looking for taxpayers who are missing more than 279,000 economic stimulus checks totaling about $163 million and more than 104,000 regular refund checks totaling about $103 million that were returned by the U.S. Postal Service […]

IRS Hunting 17,000 New Yorkers For Stimulus Checks

Wednesday, November 19, 2008, 8:31 AM | 6 Comments

On October 24, 2008, New York Daily News ran a story about IRS hunting 17,000 New Yorkers owed $13.8M in refund, stimulus checks. NY Daily News has a database with all the 17,000 plus names stored in it. So if you are a New Yorker and live in one of the 5 boroughs of New […]

AIG To Pay $503 Million To Top Execs

Tuesday, November 18, 2008, 11:44 AM | Leave Comment

Last Friday, Nov. 14, 2008, Washington Post reported news about AIG to Pay Millions To Top Workers by Carol D. Leonnig. I have a comment or two about that. First of all Carol D. Leonnig considers the top executives, the so-called C-level executives, as workers. They are not workers. I am a worker and so […]

Watch Movies For A Buck

Monday, November 17, 2008, 2:48 PM | Leave Comment

You don’t have to rent movies from expensive joints. Movie night at home is a lot cheaper now. You can rent a movie tonight at these locations: Red Box You can rent a movie for a night at your local supermarket at Red Box kiosk for a buck. They have more than 8,000 vending machines […]

Generation Debt: How Our Future Was Sold Out

Friday, November 14, 2008, 2:13 AM | Leave Comment

I just finished reading a book called Generation Debt: How Our Future Was Sold Out for Student Loans, Bad Jobs, NoBenefits, and Tax Cuts for Rich Geezers–And How to Fight Back (Paperback) by Anya Kamenetz. It’s a very interesting and educational book. I thought it was fitting that I mentioned it here. Anya writes about […]

Good News For Consumers

Thursday, November 13, 2008, 8:51 AM | Leave Comment

The government has abandoned the original centerpiece of its $700 billion rescue effort for the financial system and will not use the money to purchase troubled bank assets. On Wednesday, Nov. 12, 2008, Treasury secretary, also know as the Bailer-In-Chief, Mr. Paulson said 40 percent of U.S. consumer credit is provided through selling securities that […]

An Open Letter To Verizon

Wednesday, November 12, 2008, 2:58 PM | 1 Comment

I included this post in the category of ‘Personal Finances’ because it has impacted my finances. My credit score has been damaged. I hope it has not happened to anyone else. In my family, we have three cell phones subscribed to Verizon Wireless. We have no major problems with that. In March 2008, we place […]

Stop And Learn To Live Within Your Means

Monday, November 10, 2008, 6:00 AM | 1 Comment

In my various posts, I have several times mentioned about how I and my family have lived without major debts. Well, the only debt we have is our monthly mortgage. I come from a poor family, an immigrant. I was raised in a financially conservative family. I was 23 when I came to the States. […]

6 Steps What To Do In A Lousy Market

Friday, November 7, 2008, 9:25 AM | 1 Comment

Many people lost a lot of money in stock market a few years ago. I did too; 25% in my retirement account and 15% in my stock investment, not in two years, not in one year but in less than 2 months. I am just waiting it out and that is the consensus of the […]

Record Profit For Exxon Mobil

Thursday, October 30, 2008, 8:07 PM | Leave Comment

ExxonMobil earned $14.83 billion in the third quarter of 2008. That compares with $9.41 billion, or $1.70 a share, a year ago. One thing I never understood. Maybe it’s all political. The presidential candidates talk about dependence on foreign oil and how they want to minimize and eventually totally eliminate it. But who is benefiting […]