Did You Know That the GAO (Government Accountability Office) Has Finally Audited The Fed?
Take a Look at These Two Articles and Ponder the Impact of the Results Revealed In the Audit, As Well As How The Chicanery of Our Federal Bureaucrats Will Open Doors for you This Year As Never Before!
European Banks Have $10 Trillion in claims on US Banks
Categories: GAO Has Finally Audited The Fed
Client Therapy:
Once Upon A Time In Middle-Class America
John E. Girouard 10.31.08, 7:30 PM ET
The Great Bailout of 2008 and the death of Wall Street as we’ve come to think of it are the last shovels of dirt on the grave of the once-vaunted “New Economy.” After decades of financial hocus-pocus, inept regulation and corrupt governance, this historic inflection point suggests we’re ready as a culture and an industry to return to some basic values of the old ownership economy, the one that sustained our parents and grandparents through thick and thin. For those who weren’t around back then, and as a reminder to those who were, once upon a time in middle-class America:
Categories: Ownership Economy Sustained our Grandparents
Insurance
A Financial Bunker For Scary Times
John E. Girouard 02.10.09, 6:30 PM ET
Suppose there was a financial instrument with a track record stretching back 1,400 years; that was so solid it could survive the Great Depression intact; that earned untaxed interest at a competitive rate; that could be borrowed against at will regardless of credit conditions; and that could be used by individuals as well as major corporations and banks as a safe harbor during economic turmoil? You’d call it a financial bunker for scary times, and you’d be talking about mutual whole life insurance.
The main difference between a Stock Insurance Company and a Mutual Insurance Company is that the Stock owned company is responsible for making money for the stock holders where as a Mutually owned company is responsible for making money for the Policy Holders, which would be YOU.
Categories: FINANCIAL EDUCATION 101, STOCK vs MUTUAL Insurance Co's, Stock vs Mutual Insurance Companies
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