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A second round of pay restrictions were handed today by the Obama Pay Czar, Kenneth Feinberg. The decision will effect hundreds of employees at the companies that accepted federal bailout money in 2009.
According to the CNN article, with very few exceptions, no employee will be paid more than $500,000 in “base compensation” this year in [...]
With all the media focusing on whether or not there should be a second Stimulus plan – aka – spending bill, I thought it would be good to hear if the first one has helped anyone personally?
I help alot of folks with websites and such… the Realtors I help out have all said that the [...]
The Obama Administration has started looking into the credit card lenders and their less than friendly practice of reliving the fine print on credit card applications.
There appears to be a fairly narrow split on whether this is supported by consumers or not. Those on one side of the aisle say: You, the Consumer, should have [...]
Should we be surprised if the US Dollar Fails soon! It has been devalued and not worth the paper beneath the print.
Do you think the Dollar will Collapse?
This week, President Obama is planning to release an all new Foreclosure Plan, designed to help stem the flooding of foreclosures and bankruptcies in this struggling economy. According to the Mortgage Bankers Association, there was a record number 2.3 million home foreclosures in the US. That figure is more than double the volume from 2006 [...]
Earlier this week, Microsoft announced plans to open retail stores around the US and the rest of the world! Speculation is, they are doing this to try the same method that has been working very well for Apple, and get a company certified professional in a face to face situation with buyers. Coming from several [...]
As mentioned earlier this week, the CitiBank purchase of a $50 Million Dollar Corporate Jet, was drawing quite a bit of unwelcome attention! At the Huffington Post this morning, it looks like the Obama Administration took notice and Told Citibank to Ditch the Plane Plans, as it sends the wrong message to taxpayers!
Lets Welcome the [...]
Reports leaked out yesterday about the Citigroup purchase of a $50 million dollar Dassault Falcon corporate jet, after receiving more than $45 billion dollars of taxpayer funding from the TARP bailout. Even though this purchase has been in the works for more than 2 years and Citigroup is selling two of their older jets to [...]