Economy
by Phil Romans With the most recent quarterly statements from Exxon, I am feeling raped. With almost every American heavily dependent on oil, Exxon’s 58% increase in profit in the last quarter seems obscene and Exxon isn’t alone. Oil companies across the board have been booming while the rest of the country suffers in the [...]
Continue reading about Exxons Profits: The Raping Of America
I got an email last night from Dave Ramsey outlining his “Common Sense Fix” for the Government Bailout Plan. Not surprisingly at all, it made a ton of sense to me. It’s a simple plan and addresses not only the current issues that banks and mortgage companies are having but also adresses the root cause [...]
I will not even begin to comment or predict what may happen but I firmly believe that however this comes out in the wash, it will affect our financial futures. Former Federal Reserve Chairman, William Poole’s comments in a Congressional hearing have fueled fears that the mortgage giants may be failing. Mr. Poole stated that [...]
Continue reading about Mortgage Industry Shudders as Fannie Mae & Freddy Mac Scramble
We all know that the cost of food is rising daily. Milk, meat, rice and bread prices seem to rise almost as quickly as fuel costs are rising. I have recently become more involved in the Virginia farming community and have been listening to the buzz as they struggle to make ends meet. These men [...]
Continue reading about Farmers Struggling To Make Ends Meet!
I stopped by the local market a few days ago and picked up a bottle of diet coke. They had a huge bright yellow price tag on them that said $.99. I actually grabbed two to take advantage of the $.19 savings. It wasn’t until I got up to the register that I noticed that [...]
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