By Emma Rowley4:46PM BST 06 Jun 2012 France’s new socialist government cut the country’s retirement age in the face of the eurozone’s deepening crisis, citing…
American International Group Inc. (AIG) Chief Executive Officer Robert Benmosche said Europe’s debt crisis shows governments worldwide must accept that people will have to work…
Assuming that no white knight (aka NJ Gov. Christie) enters the scene for the Republicans, this fall will be a race between Mitt & “O”. I’ve listened to them discuss their views on a hot button of mine, Social Security.
Not surprisingly, bo…
Italy’s tenacious leader caught between EU demands and allies’ reluctance on pension reform
By Associated Press, Updated: Tuesday, October 25, 10:09 AM
MILAN — Pressure built on Italy’s embattled Premier Silvio Berlusconi as he struggled Tuesd…
Suddenly BB&T is pushing 3.49% home equity loans? This is troubling on several levels.
1. I thought banks were under orders to reduce their real estate exposure. 2. Anyone who currently has actual equity in their “home” must have a)bought in the 199…
The most expensive house to be lost to foreclosure in the past three years in Jacksonville, Florida, for example, sold for $1.5 million Wednesday – $1.4 million below its county property appraised market value. The nine bedroom, 11 bathroom, 10,00…
Link
Excerpts:
• Mortgage Debt. Nearly two in three people age 55 to 64 had a mortgage in 2007, with a median debt of $85,000.
• Social Security. Nearly 3 out of 4 people file to claim Social Security benefits as soon as they’re eligible at age …
I’m thinking that $29,000 should last about six months. I don’t think even $300,000 goes that far with 0% interest.
I hope that junior has saved his pennies so he can bail out Mom and Dad.
From MSNBC:
NEW YORK — The average American has saved les…
UK Budget, Feels “Like an Amputation”
The UK took a chainsaw to its budget to the tune of roughly $120 billion. Unlike the US, the nation feels obliged to implement a few austerity measures that may lend some credibility to its AAA credit rating d…
