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Archive for September, 2008

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One Reader’s Reasoning on Why Younger People Don’t Save

Friday, September 26th, 2008

I want to highlight this comment I received regarding why young people aren’t saving money (edited slightly): I’m 27 and I can tell you really simply why we are not investing. 1. Since the day we graduated we’ve seen nothing but bad news. Huge tech crash, current crash. We’re not even back to where we […]

Hillary: Let’s Keep People in Their Homes

Thursday, September 25th, 2008

This comes to us from Hillary Clinton’s editorial, Let’s Keep People in Their Homes, that was in today’s Wall Street Journal: …we must address the skyrocketing rates of mortgage defaults and foreclosures that have buffeted the economy and ignited the credit crisis. Two million homeowners carry mortgages worth more than their homes. They hold $3 […]

It Looks Like Market Turmoil Is Scaring Off Young Investors

Thursday, September 25th, 2008

From today’s Wall Street Journal: The idea of saving for retirement always terrified Zack Teibloom. With the stock market’s big drop this year, it seems even more daunting. “I don’t even have one K, let alone 401 Ks,” says the 23-year-old Mr. Teibloom, a recent college grad who works as an editor for a small […]

The Nation’s Top Chevy Dealer is Shutting Its Doors!

Wednesday, September 24th, 2008

Wow! It looks like the car business is changing. According to the DrudgeReport, Bill Heard, one of the nation’s largest car dealers, is shutting its doors. I’m familiar with Bill Heard because they have a couple of stores in Houston and were my prospects back when I was selling a plan to dealerships. I’m sad […]

Should People Be Reimbursed for the Cost of Evacuating?

Wednesday, September 24th, 2008

I was watching the news after the evacuation for Gustav. They did a story on the evacuation and how hard it was on people. They took a news crew out to interview various people and they asked them if they thought the government should reimburse people for the cost of evacuating. Astoundingly, most people said […]

We Have Power But We’re Still Not Home

Tuesday, September 23rd, 2008

Going home tomorrow! Whoooo Hooooo! We came back from Kansas yesterday but are still staying with my wife’s sister’s family. I drove to our hometown today to check things out. Overall the damage was not too bad in our town, which is good for us. We still had a tree that suffered major damage and […]

Bailout is Infuriating, But is it Necessary?

Monday, September 22nd, 2008

The title of this CNNMoney article Be Ticked Off – But Get Over It sums up the author’s opinion quite nicely: that the bailout of the financial services industry is infuriating but necessary. I’m a “small government” kind of gal myself, one who is generally for lower regulation, lower taxes, and higher citizen responsibility – […]

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