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Channel: Life on a Shoestring Budget » Economic Recession
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Don’t Panic!

Retirement Accts. Decimated, Layoffs Coming Well, it was a tough weekend. After insurance giant AIG hinted that it might be heading for bankruptcy, investment bank Lehman Bros. went ahead and filed...

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Arrr! Pirates Sinking the Economy!

It’s true, and should come as no surprise that modern day pirates are responsible for the current mass chaos in the markets. I mean, this is just the sort of things pirates do, isn’t it? Or, so says...

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Taxes, “Socialism”& Political Reality

We’ve seen a lot of desperation as the world (and US) economy tanks in the wake of the mortgage-loss pyramid scheme crash. We’ve heard a lot of hyperbole and rhetoric from the candidates who want to...

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Got Credit?

For those of us out there who still have work and a regular paycheck, and who managed to put some store-bought presents under the tree on Christmas, some shock and awe may be hitting home right about...

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Unemployment: Ways to Avoid It

…or make the best of it. Let’s face it. The “Recession of 2008″ is now officially over, because it is January, the first month of the “Depression of 2009.” The last jobless statistics for ’08 showed...

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Kids Heading for College? Good Luck With That.

Even way back last August, before the economy was officially in terminal free fall, the issues surrounding a college education were in the news. CNN Money asked, Is college still worth the price? Most...

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Economic Meltdown: IMF Involvement?

For a great many regular hard-working, tax-paying American citizens the way money works in the modern world is very much a mystery. This is not surprising, considering that money has always been a...

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“Managing the Economy”

During the Presidential campaign in the late summer of 2008, a Reuters/Zogby poll returned the finding that most Americans – as in 89% of likely voters – somehow believe that one of the primary...

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Health Care Kabuki Theater Deluxe

Those of us attempting to live on what was a shoestring budget even before the Great Unending Recession/Depression have probably been watching the large insanity of vacationing Congresscritters...

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Bailouts Get Bigger When Banks Fail

…and HCR update The biggest bank failure of 2009 happened last week when the FDIC moved to shut down Colonial BancGroup of Alabama, along with four other banks, bringing the total thus far this year to...

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