This financial crisis will not have your portfolio or 401k bounce back in a couple years.  This is a permanent transition to a lower standard of living for America,s.  Our government has been borrowing money for years to keep it afloat (China now holds 10% of US debt) as have individuals been borrowing against their [...]

If you started eating a lot more at each meal and then added a 4th meal and 5th meal, you would soon weigh 300 pounds.  And even if you stopped over eating and maintained your weight at 300 pounds, you would be at a sever risk of heart disease, arteriosclerosis, diabetes, kidney problems and a [...]

With respect to the financial crisis, the word of blame seems to be “greed.”  The people on Wall Street were greedy and that’s how we got into this mess.
No doubt people were greedy. There were even people who were dishonest.  I am sure that plenty of mortgage brokers misrepresented terms of the loan to uneducated [...]