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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 comments20 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 commentsThe 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 commentsKennedy 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 commentsObama'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 commentsAre 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 commentsMSNBC 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 commentsNow 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 commentsYou 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 commentsSchumer 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...
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