Finance

Deficit help from ending social security not wanted by Americans

The firm GfK Roper had a poll they did that was funded by AARP explaining that American's do not like the concept of helping the National deficit by cutting Social Security. The Huffington Post reports that polls results show that 85 percent of adults are against cutting Social Security. A large sample (72 percent) "strongly ...

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Mortgage loan officers targeted by New York regulations

In numerous states, personal unsecured loan products are being subjected to new regulations, mostly based around who offers them. These regulations are intended to help customers in need of large or small loans protect themselves from unscrupulous agents. In 2008, the federal government passed regulations comparable to New York's 2006 law. New York state loans requiring ...

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Federal Reserve adds consumer protections to credit card rules

Guarding consumers from rate of interest hikes, heavy late fees and other penalties are the focus of new credit card rules approved by the Federal Reserve on June 22. Since the 2009 credit card law was passed last May, credit card companies have tried to stay a step ahead of the law with creative new ...

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City of Ogden limits personal loan companies

The city council of Ogden, Utah passed an ordinance that puts severe restrictions on title lenders, personal loan companies, and check-cashing companies. The proposal that was eventually passed was about twice as liberal as the Ogden Planning Commission had recommended. Current personal loan company in Ogden will not be affected. The personal loan company ordinance in ...

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Investment Performance February 2010 (+2.25%)

This is an ongoing monthly update on how our equity investments are performing. Please see this background on the investment tool I developed and how I am using it to track our performance against a benchmark to measure our progress or lack thereof. The only equity investments not covered are: 1) my 401k which is ...

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