Trouble!
Good morning, gang.
If you're not paying attention to what's happening in the world, here are a few disturbing headlines I've seen in the last couple of days you really should be aware of.
The first story is about Carl Ichan returning investors' money to them. When a rich billionaire doesn't want to play with other people's money anymore, that should turn some heads. Read the article and listen as he talks about why he's doing this.
The second story I want to share with you is one I read on CNN.com this morning about banks limiting how much you can withdraw on your debit card. It's an important story because of the implications it has on your family's finances, both now and in the future and it's just a further explanation of where we're headed in this country. Banks would be limited as to how much they can recoup when you use your card and it's going to cost them quite a bit of money. Those costs, of course, will be passed along to consumers (that's you and I). Fees, fees, and more fees to spend and use your own money. In the days of direct deposit, that's going to hurt all of us. I'm telling you, there's nothing stopping us from getting trampled on. How far will that $50 or even $100 limit on transactions go these days when you can't even fill up your car for under $30? Pay attention to this one, gang.
The third story is one where a large bond investing fund has dropped US debt from its portfolio. It's an interesting read and you can find the story here.
On brighter news, jobless claims were up again. Coffee is at an all-time high in price. The Wisconsin Republic(ans) just crushed organized public unions in that state. I read some interesting comments on this and heard this theme last night on a news program: Some are really speculating who's pulling the strings and what the real agenda is.
You may want to save Tuesday's blog someplace. I'm sorry to say there may be a little bit of what the future is going to look like in the is country for us in there.
Good luck, gang. We're all going to need it.
If you're not paying attention to what's happening in the world, here are a few disturbing headlines I've seen in the last couple of days you really should be aware of.
The first story is about Carl Ichan returning investors' money to them. When a rich billionaire doesn't want to play with other people's money anymore, that should turn some heads. Read the article and listen as he talks about why he's doing this.
The second story I want to share with you is one I read on CNN.com this morning about banks limiting how much you can withdraw on your debit card. It's an important story because of the implications it has on your family's finances, both now and in the future and it's just a further explanation of where we're headed in this country. Banks would be limited as to how much they can recoup when you use your card and it's going to cost them quite a bit of money. Those costs, of course, will be passed along to consumers (that's you and I). Fees, fees, and more fees to spend and use your own money. In the days of direct deposit, that's going to hurt all of us. I'm telling you, there's nothing stopping us from getting trampled on. How far will that $50 or even $100 limit on transactions go these days when you can't even fill up your car for under $30? Pay attention to this one, gang.
The third story is one where a large bond investing fund has dropped US debt from its portfolio. It's an interesting read and you can find the story here.
On brighter news, jobless claims were up again. Coffee is at an all-time high in price. The Wisconsin Republic(ans) just crushed organized public unions in that state. I read some interesting comments on this and heard this theme last night on a news program: Some are really speculating who's pulling the strings and what the real agenda is.
You may want to save Tuesday's blog someplace. I'm sorry to say there may be a little bit of what the future is going to look like in the is country for us in there.
Good luck, gang. We're all going to need it.
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