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The charts are scary and this is unprecedented, but it is real and it is happening.

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Stock dividends account for 70% of after tax income since 1900 after inflation. So when dividends get cut, equities don't look nearly as attractive as bonds.

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A year after the collapse of the auction rate security market, investors are still stuck in an estimated $176 billion of the securities, despite regulators forcing banks to buy back up to $50 billion.

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President Obama announced today that he has directed the Treasury Department to reduce employee withholding taxes as part of the American Recovery and Investment Act. He estimates that average family will take home $65 more because of it. ... Read →

The current scenario is becoming one that would have been unimaginable to many even as recently as October. In so many ways, it is much worse than the Great Depression.

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I've written on this site for many months that GE is the ultimate unknowable stock and people should get out. Did you?

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When you include the impact of inflation, savings account rates today are actually yielding more than they were one year ago. Inflation is the scourge of savers but deflation is the friend of those who hold cash.

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The news that Certificates of Deposit sold by Stanford International Bank highlights the importance of making sure the bank you deposit money into is FDIC insured and regulated.

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Geithner is a very hard guy to understand. He may also be clinically disabled. It is made far more difficult to understand him by his most unusual speaking mannerisms. He speaks with his hands; his words just interpret the motions of his hands. It is unlike anything I have ever seen.

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It is impossible not to wonder if this is the doing of Harry Markopolos.

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I am incredibly disappointed by what I have seen on CNBC the last couple of days.

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Tim Geithner blew it big time yesterday. Was he just stupid, or is there some other explanation? The answer to this question is important. If he’s stupid, we are all in for trouble in the days, months and years ahead. If he had his hands tied for some other reason, then it is possible that things will get better.

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Experian, one of the big three credit bureaus has decided to no longer offer FICO scores via the MyFico site. That means that consumers will no longer have access to one component of the scoring model used to determine FICO scores.

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John Bovenzi, the Chief Operating Officer of the FDIC said in a committee hearing to the US House that the cost to the FDIC to ensure bank failures will likely cost more than the original prediction of $40 billion over the next four years. ... Read →

These checks demonstrate everything that is wrong with our country.

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