Posts Tagged ‘ recession ’

28% Older US Citizens Might Loose Homes

28% Older US Citizens Might Loose Homes

New research by the AARP shows that for the six month period ending in December, 2007, 684,000 older Americans (aged 50 and over) were either in foreclosure or were delinquent in mortgage payments. That’s more than a quarter of all foreclosures or delinquencies (28.1%). “The public perception is that older Americans are financially secure in their homes,” said Reinhard. “But the reality is that while many are in fact secure, hundreds of thousands of others are not and face unsettling uncertainty over their futures as homeowners. “Older Americans depend on their homes both for shelter and as a retirement asset,”...

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$85 Billion Put to Better Use

$85 Billion Put to Better Use

Now that the Bush Administration haned over $85 Billion dollars to AIG, instead of allowing it to bankrupt, which is being paid by our taxes.  What else could the United States spent our taxes . . . Universal Health Care The cost of universal health care would be at least $34-$69 billion, plus whatever costs are associated with covering out-of-pocket expenses and uncompensated care for the non US Citizens. The potential savings on paperwork would be more than $350 billion per year. Free Education The cost of paying for all students in a State Institution would be at around...

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90% American Count on One Thing :: Their Paycheck

90% American Count on One Thing :: Their Paycheck

Even in a down economy, workers say they can still count on one thing — their paycheck. Eighty-eight percent of American employees are confident their paychecks are accurate every payday. You can check their paycheck accuracy with the paycheck calculator at National Payroll Week. “It is a testament to the dedication of America’s payroll professionals that nearly 90% of surveyed workers are certain that their paychecks are correct each payday,” said Sam Kerch, director of tax research for PaycheckCity.com. Increasingly complex tax laws and benefits make paycheck calculation a challenging task. Many companies outsource parts of the payroll function....

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Gas Going Up

PumpPredictor is telling its customers to fill up now as pump prices are poised to rise in many cities through the big Labor Day driving holiday. As of Thursday evening, PumpPredictor.com’s pricing models were showing an upside movement to be imminent in many cities. Motorists rely on PumpPredictor.com’s timely text messages and emails alerting them to either quickly fill their tanks to avoid a looming price increase or to wait to buy as prices are predicted to fall. “Our team has been in the oil business for decades; we know how the industry sets prices.” Saving money on gas...

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