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Posts made in December, 2008
Bleak economic news continues to dominate the political and economic landscape. Many states are bordering on bankruptcy. As a result, they are slashing many public service and infrastructure programs. Barack Obama is promising one of the largest spending packages in United States history.
Estimates of the price tag lie...
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Hustlers don’t sleep n**** we work the grave shift
F*** that long money n**** get paid quick
And don’t save sh*t —The Game, “Let Us Live”
Sound familiar? Back in the days, that was my mantra. I couldn’t wait until I got paid on Friday. I would leave work early, head to the mall, and buy a...
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Reading the news for the last couple of days, it’s becoming obvious that many people are doing the same thing that got us into this mess: passing the buck.
Previously, they were bundling bad mortgages into complex financial pyramid schemes and banking the “profit”. Now, they are wringing their hands and relying...
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It’s amazing. The financial collapse of 2008 seemingly has dozens of nooks from which all types of shady individuals are emerging. The culmination of greed, corruption, and endless amounts of “money” has created an unprecedented black hole. Sometimes I am left wondering whether we have crossed the event...
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Typically, with the glum news of falling stocks, folding businesses, and failing banks, we may think that hoarding our money is the best idea. The fact remains that our economy is sick, but solvent. Thus, hoarding money under the mattress, or the floorboards, or the freezer is ineffective at best. The rich have obtained and...
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In today’s daily money matters, I will discuss a couple of ways that some individuals are turning the tide of economic bad news into personal opportunities.
1.) Embracing the Future of Commerce
According to an article in The Wall Street Journal, parents who are struggling amidst the recent economic turmoil have found...
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