Thoughts on Sales and Sales People

A high performance sales person is one of the most valuable assets a company can have.

Cash, Credit, or Cell?

"Hey can you cover me I left my charger at work?"

This is how you will sucker your friend in to paying for your night out in a year or two.

Confused?

Yeah... you, Master Card, Visa, and American Express too.

Looking Back at Cash For Clunkers - Obama Plan

August 2009

Cash for Clunker - Obama Stimulus Program

The phrase "Cash For Clunkers" has been all over the media as of late and for good reason. Cash For Clunkers is thus far the most successful economic stimulus program, this notion is impressive by any measure but is even more impressive when you take in the fact that it makes up less then 1% of the stimulus budget. Not to mention that this figure was increased three fold from the original 1 billion dollar budget to 3 billion which was passed by congress due to the overwhelming success.

Homeowners Can Stop Foreclosure

Many homeowners are finding themselves staring down the barrel of mortgage default and a looming foreclosure sale. There are a lot of homeowners who think that all hope is lost and that their is nothing that they can do. They feel hopeless. The thoughts of uncertainty are too much for many to deal with.

When and How Subprime Went Wrong - Explained

Subprime Lending Went Wrong

Subprime loans have enabled thousands upon thousands of Americans who did not qualify for prime loans the opportunity to buy a home via the funds obtained through a subprime loan.

Subprime Lending

Sub-prime Mortgage Lending and Home Loan Borrowing

A sub-prime mortgage is a mortgage that was created for the sub-prime borrower or in other terms borrowers who did not qualify for a prime mortgage which generally have more favorable terms.

Subprime Economy

The American economy has seen better times.

How Credit Card Companies Make Money - What you may not know

If you are a consumer then chances are you have a credit card account, or at least have had a credit card account in the past.

Do you know how credit card companies make money? 


Do you know why credit card companies are so willing to lend via unsecured revolving accounts?


Most people would guess credit card companies such as Visa, Master Card, Discover, and American Express make their huge profits by charging consumer borrowers interest on the money they borrow via their credit card.

Most people are wrong.

The Recession is Officially Over... Unless You ask Warren

Warren Buffet (now worth about 45 billion dollars) has said that the recession is not over.

Not but a few days ago the powers that be said that the recession ended in June. Then the next day the Oracle of Omaha confidently stated that the recession is in fact not over.

America's Banks are Financially Baked - Crispy and Risky

Financially crispy, and unfortunately risky. That is the blunt truth regarding the US banking industry.

The unfortunate and scary reality of the matter is that out of the nearly 8,000 banks that are FDIC insured almost 830 of them are on the "oh crap" list that is kept by the FDIC.

That is a little more then 1 out of every 10 banks, or more specifically 11%.

HAMP Modifications Are Drying Up - Uh Oh?

I was reading over an article I saw on a proclaimed debt help resource for homeowners.

The article was on the stats and numbers pertaining to the HAMP modification performance to date.

I expected to see good numbers as I have been hearing good things amidst the never ending slue of finance blog posts that I read on the housing market.

Stabilizing The Housing Market – How America Did It

The mortgage loan and housing crisis created tremendous economic anxiety and directed the American economy towards a black hole of financial hardship.

Though the US economy is not out of the recession or perhaps depression, things have appeared to settle down a bit.

It looks as if the housing market may be stabilizing. This sis a article exploring the steps and actions that were taken to stabilize the US housing market.

Refinancing Consumer Craze - Low Mortgage Interest Rates

Low Mortgage Rates – Low Mortgage Origination –

Sky Rocketing Mortgage Refinance Origination Loans

Low Mortgage Rates Create High Demand for Mortgage Refinancing

Mortgage rates are low as they can be. I honestly do not know if we are ever going to see rates this low ever again. Though I should say that statements like that somehow always seem to turn out wrong.

Financial Reform Pushed Through By Democratic Majority and Three Republicans

A New Financial Industry Reform Bill Has Passed

Well 2,100 pages of potential American Policy and Law fixing to keep a tighter watch on the financial industries practices of marketing products to the American Consumer is on its way to Presidents Obama's Desk. Obama is expected to sign.

Reform or Refrain - What Will Become of the Push to Reform the Financial Markets

It is no secret that the financial markets have not performed at there best. The free market by default will always be on the move, sometimes up, and sometimes down.

The last few years has been a bit skewed if we go by the history of the financial markets. We have not seen performance this low since the Great Depression.

Should the government reform the financial markets and current regulatory practices?

Economic Growth - GDP 2.2% - Is It Real?

The final numbers are in for the third quarter and the numbers show a 2.2% growth in the Gross Domestic Product, also referred to as GDP. Now this figure can be good or bad news depending on who you talk to.

Ben Bernanke to serve another term as the Chairmen of the Federal Reserve

August 2009

President Obama interrupted his vacation this late August to publicly announce that he is appointing Ben Bernanke to serve another term as the Chairmen of the Federal Reserve.