My Blog, Your Money

Yesterday, President Obama signed into law new legislation reforming credit card regulations.  Included in the Credit Card Accountability, Responsibility, and Disclosure Act are terms to make credit less accessible to college students, restrictions on interest rate hikes on existing balances, gift card protections, and enhanced disclosures (e.g. issuers are required to disclose the period of […]

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Thought this was interesting, $3.6 trillion – that’s right, trillion with a T – is definitely a nice chunk of change: House approves $3.6 trillion budget blueprint.
And for those of you who are wondering just how much a trillion is, here’s a little video that might help:

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Stimulus Update: It looks like the Senate has reached a preliminary agreement regarding the stimulus bill and will most likely pass a package trimmed to around $780 billion.

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No doubt many of you heard of the hefty stimulus package approaching $900 billion being moved through the Senate this week.  Regardless of your viewpoint on whether it should be enacted, it’s important to know the finer details of it.  Here’s an article that provides a good breakdown of the allocations: Stimulus 101: What’s in […]

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This was an historic week.  Of course, I’m referring to the inauguration of Barack Obama as the 44th President of the United States on Tuesday, January 20.  Millions made their way to the nation’s capital to witness the event.  The sight of the crowd was simply breathtaking (at least from the view on my TV […]

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This was a historic week as the one of the most anticipated political campaigns finally came to a close and a new American president was elected.  I will try to stay neutral on this blog, but I would like to congratulate Barack Obama on his win.  (Joe Biden too.)
Both Obama and John McCain had their […]

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