Posts tagged as:

mortgages

Simple way to fix the economy

April 22, 2009

This is from an article in the St. Petersburg Times Newspaper on Sunday. The Business Section asked readers for ideas on “How Would You Fix the Economy?”

A friend of mine, Barry Thomas, who poked up his head from the middle of the corn and soybean fields of Illinois, believes the following plan is simple enough to fix the economy.

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Sovereign latest financial institution talking of takeover

October 13, 2008

Instead of outsourcing a call center or some other department, Sovereign Bank’s corporate officers, Sovereign Bancorp, is looking to sell out the Philadelphia-based financial institution to a foreign company.

Sure, we now live, more than at any point in history, in a global economy, but when it comes to me putting money in my bank, I want to know my bank is All-American. Jingoistic? No. Patriotic? Hardly. Overseas prejudice? Absolutely! When it comes to my money, where it’s kept, who has control over it, and the company that may go belly-up and legally owe – or be able to dodge U.S. laws – is of great interest to me.

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The Donald to bailout Ed McMahon, wife

August 15, 2008

It’s always nice when someone with means (you know, the people called “the haves”) reaches out and helps others in society with less (those people called “the have-nots”), but sometimes things that are done for supposed “have nots” is ridiculous. A classic example is in the news today.

It seems Donald “The Donald” Trump is doing something with his money to help another American couple deal with their personal woes as a result of defaulting on their mortgage. That’s nice, right?

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