CHESSNOID

Do American Express Cards really have no pre set limits? The idea that you can buy based on how much you spend sounds good, yet it my previous blog posts, I had all my limits reduced and my spending did not decrease until after they hammered me.  I don’t think it was an isolated incident, [...]

Whenever we hear about the S&P Case-Shiller Index, we think about housing price forecasts. Many people look at this index as a reliable source of data. That’s why I think it is interesting to hear the actual person (Robert Shiller) behind this index talk about what he sees in the economy.

Yahoo AP:
A sharp drop [...]

In 2008, AIG lost $100 BILLION.  Then in 2009, AIG lost another $12.3 BILLION.  In that same period of time, our federal government under both President Bush and Obama and a Democratic controlled House and Senate voted to extend $182 BILLION of taxpayer money to help this company out.  AIG threw million dollar parties, gave [...]

Here is another good article from the Wall Street Journal.  I think they are taking a more populist approach on foreclosures.  You hear financial experts or bailed out bank-sters preaching about moral obligations, duties, and setting the example, but those righteous people always seem to have a vested interest in helping themselves or their constituents. [...]