Archive for the 'banking' Category

U.S. Economy; Is it really getting better?

Posted by Richard on July 10th, 2009

Is the economy really getting better? This is the question being debated daily on the daily financial news. Why don’t we discuss it a bit. It is kind of important! (more…)

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What do you think of Peter Schiff?

Posted by Richard on April 9th, 2009

Here is an article posted by economist Peter Schiff at Euro Pacific Capital. Peter is the President of Euro Pacific Capital. I think he hits the nail on the head with his commentary about the steps being taken currently to “fix” the Economic problems. I have seen him numerous times on many different financial television shows and he seems to know what he is talking about. His common sense approach is why I listen to what he has to say.

Article courtesy of: http://www.dollarcollapse.com/

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Still think your money is safe?

Posted by Richard on March 4th, 2009

If everyone thinks that their money is completely safe in the banks, you need to read this news article on Bloomberg. It talks about the FDIC fund that is meant to protect your money in the banks. It quotes the head of the FDIC who states that the fund may be insolvent if banks continue to fail. Many banks have already failed and continue to fail.

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