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The USDX moved lower at the Opening Sessions in Asia and Europe prompting it to the levels of 74.93 - 75.03 which was in line with our previous outlook. With the Government's policy for banks not to fail. This goes the same with the US DOLLAR.67

US $ Dollar - ' Too BIG to FAIL '

The US Jobless Report last Friday had a limited trading session which prompted speculation that its aftermath will spill-over on the Asian and European Session on the opening for this week. We have seen the...

0 comments    seo google adsense google search
Peter Minuit, photo via Britannica.com87

20 Interesting Facts About New York City

Did you know that in New York City, more than 26,000 people live in each square mile? Or that the island of Manhattan was purchased from Native Americans for about $24? In fact, New York City is not only the...

29 comments    travel history new york
The Twelve Federal Reserve Districts77

The Designs of Our Paper Money

I love coins and bills of all kinds, all shapes, from all different countries. When my Honey and I go to the Swap Meet it is for sure I will be at the coin collectors’ stand for at Least half an...

2 comments    federal reserve us mint
71

Kennedy Executive Order 11110

On June 4, 1963, President John F. Kennedy signed Executive Order No. 11110 [see transcript below] that returned to the U.S. government the power to issue currency, without going through the Federal...

11 comments    finance money politics
Get ready to see more Home Foreclosure in 2010 69

Obama's Mortgage Relief Plan is a Miserable Failure

Get ready to see more Home Foreclosure in 2010 Once again the Obama Administration has proven their ineptitude for doing anything to curtail the mortgage crisis. Why would I single out Obama? Do I hate...

2 comments    economy mortgage bailout
What is Your Dollar Worth?66

Are You Concerned about the Value of the U.S. Dollar?

What is Your Dollar Worth? The U.S. dollar has not been worth anything for a very long time. As the saying goes, it isn’t worth the paper it’s printed on. As a matter of fact, the days when bartering...

0 comments    finance money education
82

MSNBC Lists Most Troubled Banks in U.S.

MSNBC is naming names and listing facts and figures. A recent table published at MSNBC lists 400 of the largest banks in the U.S. with the greatest increase in troubled assets. The list gives information on...

113 comments    finance bank banking
Now is a Good Time to Buy Your New House63

Now is Good Time to Buy Your New House

Now is a Good Time to Buy Your New House How to buy a house in today's tough economy? Americans would make President Barack Obama very happy if everyone would buy a house to help the country get out of the...

2 comments    jobs economy government
75

You Need to Know--- Prime Lending Rate

So what is all this prime lending rate about anyway? The prime rate, as reported by the Wall StreetJournal's bank survey, is among the most widelyused benchmark in setting home equity lines ofcredit and...

0 comments    finance money bank
Schumer is playing loose and fast with taxpayer money.63

Schumer Sucks

Chuck Schumer has essentially allowed the Federal Reserve Bank, a private bank, to take in very crappy loans and toxic assets from the banks and allow them to have treasury bonds in return. The taxpayer, not...

4 comments    politics credit news
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