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Crazy Librals Gotta Love’em

Spin spin goes the political marry go round! All across the net you see marry go rounds left and right hehe pun intended… What would we ever do or read around election periods if it weren’t for our great goof balls spinning news how they see fit.
If you’ve interested in a great Spin aggregator I [...]

It’s time for a credit card revolution

After paying at least $600 million a year in excessive card fees, consumers in the U.K. are getting money back. We Americans should demand the same.

A couple of years ago, consumers in the United Kingdom got a break when the country’s Office of Fair Trading told credit card issuers that their late and over-limit fees [...]

JPMorgan to buy Bear Stearns for $2 a share – Bankruptcy Stopped

JPMorgan Chase said Sunday it will acquire rival Bear Stearns in a deal valued at $236.2 million — or $2 a share — a stunning collapse for one of the world’s largest and most venerable investment banks.
The last-minute buyout was aimed at averting a Bear Stearns bankruptcy and a spreading crisis of [...]

Treasuries Rise; Sale of Bear Stearns Spurs Demand

Treasuries rose, driving yields on two-year notes down to 1.30 percent, as investors sought the relative safety of government debt after JPMorgan Chase & Co. agreed to bail out Bear Stearns Cos.
Traders began betting the Federal Reserve will cut its target for overnight loans by 1 percentage point tomorrow to keep losses [...]

Gold Advances to Record in Asia as U.S. Dollar Falls

Gold climbed to a record on increased demand for the metal as a haven after a Federal Reserve emergency rate cut sent the dollar falling.
The Fed lowered the discount rate to 3.25 percent from 3.5 percent, and extended the maximum term of discount-window loans to 90 days from 30 days. JPMorgan [...]

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