Are we in the clear?

28 09 2011

As we prepare to begin the United State’s new fiscal year Oct. 1st, the question remains. Are we in the clear? We have been through a lot financially in recent years. We’ve had a recession, bailouts, and the United States Government nearly closed down. Public employees and military families’ livelihoods have continued to hag in the balance as policy makers debate budgetary reform. The dust seems to have settled, but it is better to be safe than sorry. Here are a few tips from USAA’s article Another Government Shutdown Still in the Cards.  Read the rest of this entry »


Inflation Nation? Stick to Your Budget!

26 03 2011

Have you ever heard of the Producer Price Index for Finished Goods or the Consumer Price Index? These are two measures of inflation. The PPI measures the change in prices of domestically produced and consumed commodities; while the CPI measures how much consumers pay for a specific set of goods and services. In February PPI rose 1.6%, while the CPI increased 0.5%.

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The Monster Under the Bed is Real, and it’s Name is Long-term Debt

27 08 2010

Long Term Debt is an uncomfortable reality plaguing the sweet dreamers of our economy.

How has this monster silently grown to become the massive threat that it is today? For a long time now, the US has been spending more money than it has been bringing in. The time will come when we will need to pay up. In addition to that, in the last two and a half years, there has been even more spending that has taken place to help offset the economic crisis. And to make matters worse, the Baby Boomers are reaching retirement, where instead of continuing to contribute as significantly as they have to the economy, they will be drying it up through the collection of Medicare and Social Security. Read the rest of this entry »

Pressure in Greece, Leads to Pressure at Home

8 05 2010

Wow, the last week has been full of newsworthy situations… the Greece Bailout, and the protests along with it. The elections in the U.K. The financial reform sessions in the Senate. And as a result, the 1,000 point drop in the Dow on Thursday. This dramatic drop can is being viewed as a wake up call for further potential drops based on U.S. debts. Read the rest of this entry »