Congress is currently considering implementing a huge financial reform bill. They have spent well over a year debating all of the aspects of financial reform. We all know that one of the main issues being discussed is getting rid of the “Too Big To Fail” moniker that applies to the big banks. While this is [...]

How Will Financial Reform Affect You? is a post from the Money Crashers personal finance blog.

Last Sunday night Congress passed the Patient Protection and Affordable Health Care Act. This act reforms the existing health care industry and is expected to insure an additional 32 million people. This bill was passed with quite a bit of controversy surrounding it. Polls consistently showed that the majority of Americans were not satisfied with the bill as it [...]

How Will The New Health Insurance Laws Affect You is a post from the Money Crashers personal finance blog.

The bill to regulate certain credit card policies has now passed through the Congress. Why is Congress regulating credit card companies? Because, they recongize the abusive consumer practices that credit cards perform each and every day, yet we still continue to use them. Here is an excerpt from the article from Fox News: Meanwhile, the [...]

Credit Card Regulations Bill Passed By Congress is a post from the Money Crashers personal finance blog.

President Obama asked employers to start making adjustments to federal withholdings starting April 1st for the Make Work Pay Tax Credit. This was a stimulus-based tax credit that passed in the recent economic stimulus legislation passed in February. Last year’s stimulus plan sent lump-sum checks to individuals and couples with the hopes of these individuals [...]

Look For The Make Work Pay Tax Credit In Your Paychecks is a post from the Money Crashers personal finance blog.

When President Obama announced his budget plan, one of his tax proposals was glossed over by the media, and I wanted to get your opinion about it. Starting in 2011, President Obama plans to reduce the charitable giving tax deduction from 100% to 28% of your charitable contribution for families who earn over $250,000 in [...]

What Do You Think About Obama’s Plan To Reduce Charitable Giving Tax Deductions? is a post from the Money Crashers personal finance blog.

Obama is making an effort to rekindle the housing market, and here is a good article outlining his propose plan. I think the housing market is the key to jumpstarting our economy again. Everyone is focusing on the financial services and auto industry, but I think the real estate industry is the key to an [...]

Will Obama’s Housing Rescue Plan Work? is a post from the Money Crashers personal finance blog.

To read the whole story about the house of representatives passing the stimulus bill, CLICK HERE. This bill is chalked full of spending that has nothing to do with stimulating the economy. Philosophically, I disagree with spending and building infrastructure to stimulate an economy. I think cutting taxes stimulates an economy better, because it puts [...]

The House Passes Obama’s Massive Economic Stimulus Recovery Plan is a post from the Money Crashers personal finance blog.

Obama spoke of doom and gloom today after giving his strongest charge for nearly a $1 trillion dollar spending bill. When you listen to him, it’s obvious that he’s trying to gain support from the American people by scaring us into believing that we need to spend more money to fix a problem. As a [...]

Obama Tries To Scare Us Into Another Stimulus Plan is a post from the Money Crashers personal finance blog.

Obama is labeling the proposed plan as an “American Recovery and Reinvestment Plan”, and he wants it passed as soon as possible. The price tag could be $775 billion, and once again, politicians think the only way to get out of this economic slump is to spend more money. This philosophy was practiced by Bush [...]

Obama Gives A Speech About His Proposed Economic Stimulus Plan for 2009 is a post from the Money Crashers personal finance blog.

During the presidential election, Barack Obama spoke about proposing an economic stimulus plan for 2009. Originally, Obama and Congress wanted to get a stimulus plan passed during his lame duck period, but Congress is no longer in session until the beginning of the new year, so it looks like that isn’t happening. The Democrats wanted [...]

Information About A Possible 2009 Economic Stimulus Plan is a post from the Money Crashers personal finance blog.

Congratulations to Barack Obama for winning the office of the most important and powerful person in the world. He wasn’t who I voted for, but it is truly a historic time to be alive to see the first African-American president of the United States. I know that one issue many are concerned about when it [...]

Highlights of President-Elect Barack Obama’s Tax Plan is a post from the Money Crashers personal finance blog.

Tomorrow is the pinnacle of the most important election of our generation. The best thing you can do is make an educated vote. Don’t go vote just because Leonardo Dicaprio told you to vote. Don’t just vote because Diddy says “vote or die”. Don’t vote just to vote. If you are going to vote, make [...]

Show Your Patriotism Tomorrow is a post from the Money Crashers personal finance blog.

Last night was the last presidential debate. So, now we need to make a decision and pick a president. I’m very glad that it will be over soon. Being in Florida, we’re a so-called “battle ground state”, which means we get bombarded with commercial after commercial about who is a bigger idiot. I watched most [...]

My Reaction to the Economic Topics Discussed In Last Night’s Presidential Debate is a post from the Money Crashers personal finance blog.

Please, keep this civil. I’m interested to know which candidate’s economic plan will be better for our country? Don’t know their differing plans? I’m not going to go through all of it here, so research it on your own. My Answer: In my opinion, it’s McCain all the way. He’s weak on the economy, but [...]

Question of the Day: Which Presidential Candidate Will Be Better For Our Economy? is a post from the Money Crashers personal finance blog.

Here is the article from the AP, via Yahoo Finance about the House sailing through a bill to bail out homeowners and the Fannie Mae/Freddie Mac institutions. I love how Yahoo Finance titles it a “rescue” when it should be called a “bail out”. Rescue makes it sound like Congress is doing such a great, [...]

Congress Approves Bail Out For Homeowners, Fannie Mae, and Freddie Mac is a post from the Money Crashers personal finance blog.

Do you have a crazy aunt and uncle in your family? Do you remember the crazy uncle from National Lampoon’s Christmas Vacation played by Randy Quaid? They love to drop in unexpectedly and like they’re so glad to see you. But, the truth is that they want to “borrow” money. Even though, they have no [...]

We Will Fund The Bill For Fannie Mae and Freddie Mac is a post from the Money Crashers personal finance blog.

This article from Yahoo Finance tells you the home values of the presidential candidates to their primary residences. We now know their net worth, how much they spend on hair cuts, and now we even know how much their real estate is worth. I don’t really think you should pay much credence to this kind [...]

A Look Into the Home Values of the Presidential Candidates is a post from the Money Crashers personal finance blog.

This article from USA Today summarizes what Hillary Clinton spoke about on an ABC Sunday Morning show. She described her plan for funding her universal health care program, but the most revealing detail of her plan was that she would garnish the wages of those workers who could afford health care coverage, but chose not [...]

Hillary Clinton Will Garnish Your Wages If You Choose Not to Buy Health Insurance is a post from the Money Crashers personal finance blog.

I know that many of you fall asleep even with the thought of watching the Presidential State of the Union address performed by the president at the beginning of each year. But, this year’s might be a little different. The last three or four addresses have been dominated with the war in Iraq, but now [...]

Watch The State Of The Union Address This Monday Night is a post from the Money Crashers personal finance blog.

Go check out the net worth of Democratic and Republican presidential hopefuls on CNN.com. It shouldn’t matter how much money someone is worth to qualify them to be president, but the sad thing is that it really does matter. You must have SOME kind of money in order to run for president, or you better [...]

The Presidential Candidate’s Net Worth (Somewhat) Revealed is a post from the Money Crashers personal finance blog.