Articles Archive for November 2011
Account For Change »
The world’s major central banks move in concert in an unprecedented, coordinated effort to shore up the financial system, to alleviate the European debt crisis, to provide cheap money to banks in Europe and abroad, and prevent the collapse of the European banking system. This report also updates where things currently are regarding the extension of the US payroll tax cut.
(video 7:42)
Account For Change, Your Financial Fitness »
UPDATE: FRI 09 DEC 11 | 06:15 PM ET
What today’s EU agreement, to enforce greater stability, means for you and your money – Cramer explains
(video 4:39)
Euro risk to the US: understanding the magnitude and consequences of a contagion … to our big banks … to your bank … your money fund … your checking account, explained in simple terms by Cramer (think: holiday giftwrap)
Part One
(video 8:07)
Part Two
(video 8:15)
Headlines, Risky Business »
Do not be fooled by the recent push for tax breaks for the top 1% – at the expense of the middle class and lower income groups – that is being trumpeted by those in DC. They are trying to re-sell a failed policy they claim will jumpstart the economy by giving the rich more money, claiming that the rich are the job creators.
Been there. Done that. Have the T-shirt, and it doesn’t fit … except only on the fat cats. By the way, new businesses are the major job creators.
Here is …
Account For Change, Your Financial Fitness »
Our economy’s engine is powered primarily by the 99% of the consuming public: the middle class and lower income groups.
Regardless of politics, it is a fact that the 99% spend more of their income to power the total economy than do the top 1%. It is pure logic by the numbers: the costs of the 99%er’s needs make up a much larger proportion of their income than those same needs of the top 1%. The 99% have to spend the money on food, clothing, and shelter leaving little or nothing left …
Account For Change, Headlines »
UPDATE: FRI 09 DEC 11 | 11:05 PM MT
Shale gas drilling: Pros & Cons
“While some complain that extracting natural gas from shale rock formations is tainting their water supply, others who have allowed drilling on their property are getting wealthy.” – Lesley Stahl reports.
(Aired: November 14, 2010 8:00 PM)
Account For Change »
High oil prices are taxing us to the point where it might be time to put your car on a diet, leave it parked at home – an intervention to free it from its gasoline addiction.
You think the price of oil is bad now; well, … what does it say that if our economy starts to improve more reliably, the price of oil will rise becauuuuse … more consumers consuming will trigger the powers-that-be-of-the-global-oil-markets, notwithstanding the hedge funders and oil speculators, to raise prices accordingly; … and, just when …
Taking Stock »
Smart investment decisions require study and listening to the viewpoints of experienced investors and successful entrepreneurs, though many have very different strategies and views about investing. The goal is to learn how to think for yourself, how to arrive at your own conclusions based on all the information that you can accumulate, to not get caught up in the herd mentality, to avoid the vulnerability and potentially harmful consequences from blindly engaging in the actions of others. No one knows you better than you do, so adopting the words and …