Controversies

Archive for the Controversies Category

The foreseeable effects of the fiscal cliff

Till November 6th the hottest conversation subject for Americans everywhere had been the presidential race. Now that people know who is going to be sitting in the Oval Office for the next 4 years, the bit of news that America is currently obsessed with is the so called fiscal cliff. Like the presidential race, the fiscal cliff is just as important minus all the unnecessary media overexposure....
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November 30th 2012 03:52:00 am

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Serious issues to avoid when filing bankruptcy

The economy of the country is still suffering from the blowback of the 2007 Economic Meltdown. US budgetary deficit has hit a record high of $1.4 trillion. The public debt load of the nation stands at a little over $15 trillion. That directly translates into $49, 868.61 per citizen. Since September 28th of 2007, the national debt has increased on an average by $4.02 billion per day. The statisti...
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November 27th 2012 03:59:24 am

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Alternative investment vehicles for retirement planning

The volatile nature of the economy is something which is surely causing sleepless nights for millions of people all over the country. Working hours and subsequently, wages are also decreasing and credit conditions are tight as a result. Even though spending has decreased, most of the working people are finding it seriously tough to cope with the slow economic growth, especially when it comes to ...
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November 26th 2012 03:10:33 am

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The effect of the Dodd-Frank Act on banks and consumers

Banks have been the one and only place where people feel safe about storing their money and various other valuables, be it cash, bonds or shares. Over the years, banks have evolved from institutions which safeguard your money to manifold corporations extending their services into various sectors like investments and money management. People have come to depend on banks more than just for the ...
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October 30th 2012 04:29:42 am

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The aftershocks of filing an early bankruptcy

The fiscal and domestic financial policies of the Republican Bush administration paired with the expensive war of attrition on terror and the housing bubble culminated in the greatest economic downturn in 85 years, the financial meltdown of 2008. Millions of Americans were either downsized, people lost their homes to foreclosures and credit conditions were choked to a point that the average Amer...
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October 12th 2012 04:43:30 am

Posted in controversies