Now that we have a president-elect, we can start to get an idea of what will happen to the economy. Obama hasn’t been specific in terms of how he’s going to accomplish (or pay for) a lot of these things, and it will be interesting to see how Congress tries to change his ideas once they h...

President Elect Barack Obama met with President Bush yesterday to discuss the transition of the presidency and the current economic crises. According to the New York Times, President Bush said he would be willing to bail out the auto-industry if Obama and Congressional Democrats (who now have the ma...

Every four years, it seems that we hear the same conversations, discussions and ideas come from the Presidential Candidates for the general election. This year really hasn’t changed, except that one extra topic has been added to the mix. Instead of general economic discussions, the big one thi...

With the financial crisis in full swing, it has obviously had a huge direct impact on the stock market. If you’re invested in the stock market, you probably try not to look at your holdings - they’re down a ton. Through many discussions with people we know, we’ve found that some pe...

The Retirement Guru says… We should take a look at what Obama or McCain would mean for our struggling economy. They have two different styles of how to create jobs, but they’re basically the same with deficit spending. So, if you’re only looking at the two of them (even though you...

Right around summer 2007, the nation started to hear about many people throughout America losing their homes because they had defaulted on their home mortgages. Instead of being locked in at a set interest rate for their loans, many of America’s homeowners received variable home mortgage rates...

So, you’ve all undoubtedly heard about the recession we’ve gotten ourselves into. Unfortunately, even though you probably don’t have a home mortgage, or have thousands of dollars in one of the investment banks that went under, you’re still going to run into credit problems p...

While the three main contenders for President (Clinton, Obama, McCain) have consistently spewed rhetoric onto our televisions, radios, and into our ears the past several months regarding Iraq, healthcare, Social Security, and immigration, these are not the issues that matter to American voters. The...