The FDIC Deposit Insurance Fund (DIF) – A Risky Game Of Confidence
FDIC Rightly Worries About Public Confidence Due to the large number of bank failures during 2009 the FDIC Deposit Insurance Fund (DIF) has fallen to the lowest level since March 1993. Numerous headlines are screaming that the [...]
Dear Congress – Thanks For Doubling My Credit Card Interest Rate
Congress Takes Bow For Credit Card Act of 2009 The Credit Card Act of 2009 was intended to curb certain practices of the credit card industry that were deemed abusive to consumers. With a great deal of [...]
If You Buy A Lottery Ticket In Connecticut Don’t Go On Vacation
Living Beyond Your Means Connecticut is facing a projected $8 billion dollar plus deficit over the next two years. In an attempt to prevent raising taxes which are already among the highest in the nation, Connecticut is [...]
Super Clunkers – How Congress Can Double US Vehicle Sales
Clash for Clunkers Increases Car Sales The much maligned Cash For Clunkers program has three remarkable features that differentiate it from the other wide assortment of endless government stimulus/bailout programs. 1. The Cash For Clunkers program, at [...]
Does Tim Geithner Need A Stress Test?
Geithner Goes Over The Edge Is the stress of running running the Treasury and trying to figure out how to borrow almost $2 trillion dollars starting to take a toll on the Treasury Secretary? On Friday, Treasury [...]
