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Big Three’s future still in balance

If the news isn’t already bad enough we can always look forward to the “Big Three” failures. The situation is obviously not going to get any better in the near future. However, I’m on the boat hopping we’re doing something to help the companies though. It amazes me how we can spend [...]

Asian Stocks Advance as Fed Cuts Interest Rates to Record Low

Asian stocks rose to a five-week high after the U.S. Federal Reserve and Hong Kong cut interest rates to a record low, spurring gains among developers and lenders on speculation the region’s central banks will follow.
Mitsubishi Estate Co. gained 10 percent in Tokyo as traders increased bets the Bank of Japan will reduce [...]

Interest on T-Bills Falls to Zero Finally

I’m happy to say we’re finally giving people with to much damn cash on hand what they deserve from our goverment coffers!! ABSOLUTELY NOTHING! Yes thats right the T-Bill rate finally hit 0% so everyone out there with million even billions in cash are finally helping this country in [...]

Many small banks waiting to access gov’t funds!

Of course we all love the he said she said of these damn ooober wealthy bankers, however the small mom and pop banks are a little bit different story. I personally know of a bank that if offered could definitly use help from the $700 billion dollar bailout fund…
We have to try and help [...]

Fed Finally Wakes Up! Backs consumers to the tune of $800 Billion

The Federal Reserve and Treasury Department on Tuesday unveiled a plan to pump $800 billion into the struggling U.S. economy in an attempt to jumpstart lending by banks to consumers and small businesses.
The government hopes that these initiatives will enable more money to flow to consumers in the form of loans than has occurred so [...]

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