Recent Comments:
Homeowner aftershock: Insurers jack up earthquake insurance rates {WalletPop}
Mar 14th 2010 2:08PM The insurance companies have NOT paid many of the claims from Katrina. The insurance company claims rising water (Federal flood insurance would have to pay) while the Federal Governemt claims that the wind destroyed the house (insurance company would have to pay. I know this because I have people renting from me that have NOT been paid. They tell me that the insurance company says they may NEVER pay as the wil drag this out in court as long as possible. By the way, if the insured dies before the claim is settled, the insurance company may NOT have to pay.
Homeowner aftershock: Insurers jack up earthquake insurance rates {WalletPop}
Mar 14th 2010 2:00PM Ok so the insurance company does NOT want to have to pay claims for a disaster. Whats new? Everytime the insurance company wants to DUMP some kind of insurance, the Government, either state or Federal, has to pcik up the slack (flood, hurricane in FL and quake in CA). If the insurance company does NOT want to pay on this type of claim, then they should not get to sell ANY insurance including healt, life, auto. I believe Kansas has taken title insurance away from insurance companies and insures homwowners title. Remember, insurance is legalized gambling and if the insured happens to win (collect), they usually have to go to a different casino operator (policy is cancelled).
Sears.com sale puts 5% to 15% off almost everything {WalletPop}
Feb 26th 2010 8:49AM Interesting that AOL makes this a FEATURED article AFTER the expiration time frame.
Former Bank of America employee offers inside look at bank's practices {Daily Finance}
Dec 7th 2009 11:55PM Julie, Charge $20 gas and cash your 35,000 points for the $350 cash. If yours is a signature card, charge minimum $25 gas 3 times at Chevron in Dec and you get a $20 Chevron card also. Then pay off the charge(s) on or just before the grace period date. No interest and you get $350 cash plus possible $20 Chevron card.
AmTrust: not your normal bank failure as 2009 total hits 130 {Daily Finance}
Dec 5th 2009 1:43PM If the FDIC is out of money to bail out these failing banks, Then let the overall oWNER of these banks BAIL them out. That is the FEDERAL RESERVE as all banks are part of the non-government owned Federal Reserve. The 13 Federal Reserve regions leaders are the Federal Reserve board. Let them BAIL out their MEMBERS and HELP the FDIC. We pay interest to the Federal Reserve to USE the Federal Reserve notes. So, let's stop having to pay interest on the notes for a couple of years also. That will help relieve our debt load.
Wal-Mart to pay $40 million to settle labor lawsuit in Massachusetts {Daily Finance}
Dec 4th 2009 7:42AM Gary, If you have REAL proof of being cheated on hours, call your local Wage & Hour board. They will investigate ANONOMOUSLY. They audit ALL employees time cards versus the pay stubs. This is not a quick response investigation as I have done this and the investigation took almost 1 year, but I received a check for time worked that was previously not paid. Wage &Hour audited EVERY employees time worked versus paid time. The company I worked for was paying straight time for all hours over 40 and not the required time and one half. Everyone that worked more than 40 hours in a week received a check and Oneida was seriously not happy.
Need a loan? Why the banks (and Fed) are saying 'Scrooge you' {Daily Finance}
Nov 27th 2009 11:38AM Jag, I am more of a liberal because I have a conscience and yes I sleep at night. As Mort Sahl said:
Liberals feel unworthy of their possessions. Conservatives feel they deserve everything they've stolen.
Need a loan? Why the banks (and Fed) are saying 'Scrooge you' {Daily Finance}
Nov 27th 2009 11:33AM Jag, Which corporate taxes? I see you post this all the time with NO explanation. S Corp and LLCs are pass through entities so the profit goes to the personal tax rate of the owner(s). C Corps pay only @ 7% of the overall tax burfden in the USA as they can work the books to either hide (off balance sheet accounts) or leave the profits overseas if they are an international. Please give specifics.
Can Washington break the deflationary spiral? {Daily Finance}
Nov 25th 2009 10:06PM Nancy, Interesting rant. You listen to Beck and the drugster (Rush) too much. How about some facts: More evidence of the legacy of George Bush, Republicans say Obama is putting our debt on our children while forgetting that the Bush tax cuts for the rich have added $2 trillion to the national debt and his 2 unfinished wars have added another trillion. The total added to the national debt under Bush was $5.2 trillion.
When Carter left office the national debt was $994 billion, when Reagan-Bush 1 left, the debt was $4 trillion 351 billion, Clinton left and it was $5 trillion 769 billion. The biggest spender of them all....the Bushwhacker left the national debt at $11.2 trillion. Didn't Reagan and George W say they wanted a smaller government? I guess that must have meant smaller but a lot more expensive. So please explain LOWER TAXES and MORE SPENDING.
Can Washington break the deflationary spiral? {Daily Finance}
Nov 25th 2009 9:13PM R. C., How is working for free (company gets free labor) or taking a cut in minimum wage (most of those people can hardly afford to get to work and buy groceries anyway) or part time work going to RAISE the GDP? People have to have an INCOME to pay for the necesities (food and shelter first if anyone remembers Maslow). After the necesities, people can then afford the rest of the goods and services afforded by corporations. What barriers to opening a business do you consider restrictive? About $400 to incorporate or LLC, but that is only for your own protection. Registering with your town or county or do you want ripped off by an unlicensed business or contractor? Yes there is payroll taxes, but those have existed through the good and the bad times before. Only if you are a C corp and want your stock listed and sold in the open market do you have to report to the SEC. Other than a C corp., what taxes, other than payroll, should be lowered as all profits from a S corp or LLC pass through to the owners PERSONAL taxes. Thus the profits are taxed at the owners nominal tax rate (up to 35% currently). 35% is a bargain compared to 1980 before Rayguns took office and got the rate lowered from 74%. People, if you are unemployed, act like Americans and start your own business, that is the entreprenurial spirit. Without that Spirit, we would not have Ford, HP, Microsoft, Dell, Apple, etc. I feel Henry Ford was our greatest economist. He offered his workers $5 a day to build cars. Rockefeller and others were LIVID until Ford explained that by paying HIGHER wages, then people could afford to buy his product and also thier products. Rockefeller and others then RAISED their wages and saw their profits skyyrocket.
