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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 [...]

GE, GE Capital Ratings Outlook Cut to Negative by S&P

Could pass up this story! I just bought 3k worth of stocks today increase a position I already had this morning and starting another, layed down for a nap woke up and was suprised to see I got shot in the foot! Lost $100 bucks thanks to the stupid ratings agencys messing with [...]

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 [...]

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