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After the fall, the fall! (Chicago Sun-Times)
Now, reality sets in! The bailout/rescue plan will work only if banks take the liquidity that is coming their way and use it to make business and mortgage loans that will get the economy moving again.
Sat, 04 Oct 2008 19:11:55 GMT

NYS Consumer Protection Board issues "fiscal crisis watch list" for consumers (press release) (WIVB Buffalo)
Even with today's Congressional approval of a 0 billion bailout package, the current fiscal condition has many consumers worrying about their fiscal health. Therefore, consumers may be left vulnerable to opportunistic individuals who try to capitalize on the economic crisis with "get rich quick," lending and other scams.
Fri, 03 Oct 2008 20:15:13 GMT

How is banking in Lebanon? (Lebanon Daily Record)
While legislators grapple with remedies for the U.S. economy, residents in Lebanon are wondering how the situation affects their town.
Fri, 03 Oct 2008 22:52:20 GMT

Inside Entrepreneurship: Be careful tapping equity for startup (Seattle Post-Intelligencer)
Should you fund your startup with a home equity loan? Susan Schreter advises caution.
Thu, 02 Oct 2008 20:33:11 GMT

Credit crisis a boon to one-stop banking (San Francisco Chronicle)
The implosion of two of the nation's leading investment banks has thrust commercial banks into the spotlight. With their acquisition of investment banks and retail brokerages over the years, commercial banks have assumed a model more common in Europe, banking...
Sun, 28 Sep 2008 07:49:19 GMT

World News:

Obama has 3-point
NASHVILLE, Tennessee (Reuters) - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.

Banks, markets seek political lead in crisis
LONDON/BEIJING (Reuters) - Investors looked to central banks and politicians on Tuesday to show they could contain an escalating financial crisis after Australia responded by cutting interest rates sharply.


 

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While the average American household has acquired approximately ,000 in consumer debt, many people have achieved the dream of living debt free. Reducing and eliminating your debt does not happen overnight. However, if you outline a realistic plan for reducing debt, you can become debt free in a few years. Establish a Plan for Reducing
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