9 ways being too frugal can cost you
Being frugal is smart, and these days, it’s fashionable too. Sometimes, though, it just doesn’t make sense to be a Scrooge: Going too far in your attempts to save can have financial consequences that leave you worse off. Here are nine ways you shouldn’t cut corners.
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Amid Political Turmoil, One Agency Downgrades Portugal’s Credit Rating
Portugal, like Ireland and Greece before it, is facing a debt crisis that political turmoil has only exacerbated.
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European Stocks Post Biggest Weekly Gain in 6 Months as Japan Angst Eases
European stocks rose the most in six months this week, as investors speculated that Japan will prevent further radiation leaks from its stricken nuclear plant and the U.S. economy grew at a faster-than-forecast pace.
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As EU agrees crisis plan, Portugal woes steal show
Portugal has an underpowered economy and weak exports that make it hard to pay debt. The bailout fund prevents a govt from restructuring its debts.
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Belgian Unions Protest Ahead of EU Summit
Protesters voice anger over EU plans to raise retirement age, slash social welfare benefits
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Why We Need Regulatory Cops On The Beat — And Why They Make Bankers Cringe
One of the paradoxes of effective financial regulation is that the best way to help bankers and banks is to virtually never think in terms of helping banks and bankers. Financial regulators’ primary task is to detect, put out of business, [...]
Moody’s debt downgrade adds to debt-laden Portugal’s woes amid financial crisis
LISBON, Portugal – Moody’s downgraded Portugal’s credit rating Tuesday, saying the debt-stressed country is struggling to generate growth and faces a tough battle to restore the fiscal health needed to calm jittery financial markets.
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Prepaid targeted by Senate budget writers
Florida Senate budget writers are poised to close the popular state prepaid tuition program that allows parents to lock in discounted tuition and fees for their children to attend state colleges and universities.
Read more on Jacksonville Daily Record
Debt Makes A Comeback: The New Bubble In The Financial Sector
As we signed off on Friday, the Saudis were suppressing a ‘Day of Rage’ in Arabie… Gaddafi was mopping up the resistance in Libya… And an earthquake and tsunami left thousands dead in Japan.
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History of Gilmer (written in the mid-1920s)
NOTE. — Hettye Calloway, of Gilmer, has written the history of her town. Gilmer is located in Upshur County, and is one of the older towns of Northeast Texas.
Read more on The Gilmer Mirror