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The GOP has announced its intentions to rebrand the Republican Party and is seeking input from the public, so here is mine. ...more
May 8, 2009
I tried borrowing enough money to get my debts paid off once and for all, but the banks said that it wouldn't work and they would not give me the bucks. They said you can't borrow yourself out of debt! I argued with them, that the House and Senate say that its good for the country to do this and have bailed out the banks so what do the banks know about lending money anyway? ...more
May 8, 2009
A Pahokee man who used stolen front-end loaders to dislodge ATMs at 11 banks in nine counties, including Polk and Manatee, is in the Leon County Jail, authorities said. The Florida Department of Law Enforcement arrested Nasedra Lumpkin, 33, after a 15-month investigation into the string of ATM thefts the agency said netted more than $1 million and caused $575,000 damage to the banks. ...more
May 7, 2009
Chrysler LLC's largest banks reached a tentative agreement with the U.S. government to exchange $6.9 billion in secured debt for $2 billion cash, say three people with knowledge of the negotiations. ...more
April 29, 2009
Citigroup Inc. and Bank of America Corp. will need to raise more capital based on preliminary results of their government-run "stress tests" - unless they succeed in appealing the findings, according to two people familiar with the matter. ...more
April 29, 2009
Consumer confidence in Florida rose in April thanks to flattening housing prices statewide and news the economy has not gotten worse, a University of Florida report released today said. UF's Survey Research Center at the Bureau of Economic and Business Research reported a six-point gain in its consumer confidence index to 71 in April. ...more
April 28, 2009
Richard W. Sitnik of Hudson says bankers don't have money to give back to the U.S. taxpayers. ...more
April 15, 2009
Wauchula State Bank, in conjunction with its 80th anniversary, will host the Tri-Chamber Mixer Thursday, April 16 at its Lake Jackson branch in Sebring. ...more
April 12, 2009
President Barack Obama says the economy is starting to show "glimmers of hope." ...more
April 10, 2009
At a time when most people are struggling, major banks that have obtained taxpayer monies through bailout programs have decided to "help" the consumer by lowering credit limits and increasing interest rates. Isn't it ironic that banks such as Bank of America, Citicorp., HSBC, etc., which have obtained so much of our money to cover their screw-ups, now want to turn the screws on the consumer even further than they have in the past? ...more
April 8, 2009
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