John McAfee of McAfee Antivirus | Rich Become Poor?

In relative terms, anyway
This recession has put the proverbial shackles on the aspirations of people both rich and poor. The availability of credit is still moving at the pace of a slow crawl, while consumer spending is still searching for a way to pick itself up off the floor. But [...]

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Small Businesses Need Installment Loans to Find Funding

Community banks are suffering because of the excess of Wall Street firms
Small businesses are going to need to look into installment loan options as the economy balances itself out. According to Camden Fine, president of the “community banks account for 45 percent of all small business loans. They are the [...]

NJ - Jersey City: One Exchange Place

Can an Unsecured Personal Loan Help You Out in this Economy?

Wall Street’s involvement
While unsecured personal loans have been around for a while, there are other options investment firms are trying to bring to the economy. Wall Street has plans to save the market, invigorate the economy and quell peoples’ fears of investing. But are they realistically able to [...]

Wall Street subway station

Be a Lemming Investor No More (Pt. 6)

Propped up on toothpicks

Don’t be like that. Be on solid ground. Check out parts ONE, TWO, THREE, FOUR and FIVE.
Jon Stewart set his sights squarely on why Jim Cramer and CNBC didn’t see this financial disaster coming. Why weren’t they prepared? Why couldn’t they prepare us? Read this article series, [...]

Stewart vs. Kramer – Because It Had to End (Pt. 5)

Exposing the exposer
The Jim Cramer/Jon Stewart ride ends here now for us. Wall Street punditry has done the average American investor wrong. Keep your eyes open and do your due diligence before taking anyone’s investing advice. Even if you take investing advice – or advice on where to find payday [...]

Wall Street Wizards Make Money Disappear (Pt. 3)

In which Cramer stuffs and embalms self
This is part three of my study of Jon Stewart vs. Jim Cramer… check out PART ONE and PART TWO first if you haven’t already. Perhaps instead of taking the investing advice of someone like Cramer, you’ll end of using cash advance loans when [...]

Jon Stewart Calls Out All the “Mad Money” (Pt. 2)

Did they know the crash was coming?
This continues my look at Jon Stewart vs. Jim Cramer, the overhyped battle that teaches us that, if nothing else, investors should stay far away from television if they’re seeking sound investment advice. If you missed part one, CLICK HERE.
Jon Stewart took issue with [...]

The Chicago Tea Party and Journalism’s Carcass (Pt. 1)

It began with a Chicago Tea Party
For those of you who don’t know this already, journalism is dead. Or at least mostly dead. The boundary between clear, unbiased reporting and entertainment has been shattered, and too few of us realize that we’ve been walking on broken glass for some time. [...]

tea party

Obama’s Hiring Woes | Another Top Treasury Pick Withdraws

Third candidate out of the ring
President Obama’s trouble filling his cabinet appears to be far from over. Three candidates for top positions in the United States Treasury have withdrawn from consideration.
Deputy Treasury Secretary pick H.Rodgin Cohen was the most recent to drop out of the process before he was even officially nominated.
Tangled web
There’s no [...]

H. Rodgin Cohen

Wall Street to Increase Salaries as Much as 100 Percent

Wall Street just doesn’t get it
President Obama may have spoken out against executive pay raises and exorbitant bonuses, but that doesn’t mean that the mavens of Wall Street aren’t still trying to squeeze the money train for all it’s worth.
Joseph Giannone reports for Reuters that annual salaries for bankers, traders [...]

Madoff Pleads Guilty to $50 Billion Ponzi Scheme

“I am deeply sorry for the scam.”
Bernard Madoff has pled guilty to all 11 charges surrounding a $50 billion ponzi scheme, BBC News reports. The charges include four counts of fraud, three counts of money laundering, making false statements, perjury, making a false filing to the US financial watchdog, and [...]

SEC May Reinstate Rule to Restrict Short Selling

No more short selling?
Marcy Gordon reports for the Associated Press that Mary Schapiro has settled into her new role as SEC Chairman and is ready to take a serious step to restore investor confidence in a flailing stock market.
In April, federal regulators may reinstate the “uptick rule,” with Schapiro’s support. [...]

Fiat Dollar Gains On Gold as Investing Tanks

Increasing value of the valueless
It’s turmoil as usual these days on Wall Street.
Sara Lepro reports for the Associated Press that gold prices are winding down as the dollar increases in value.  Oil prices are up, cash advance loans are steady and agriculture futures are down.
The United States dollar’s rise in [...]

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Surviving Financial Tides – Cash Advances Can be an Option

The impact of the Wall Street collapse
With the collapse of Wall Street, we, Americans, suffer from financial worries and the need for Cash Advances here and there. Wherever we go, recession is the word of mouth. Large companies are shut down, jobs are lost, credit cards balances are multiplying, and [...]

Credit Crunch

Payday Loans For Wall Street? NYC Gives ‘Em $45 Million!

More handouts for Wall Street
Many Americans have found that during a financial emergency, payday loans can help bridge the distance between paychecks. Some have even used the product for educational materials that help them retrain for better jobs. However, in New York (where pay day loans aren’t legal, to the state’s [...]

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Kazakhstan Follows Obama’s Lead | Executives Facing Payday Loans?

Prime Minister caps executive salaries
The average wage in Kazakhstan is about $392. That’s close to the average amount for most payday loans in the U.S.
Median income in the United States was $50,233 in 2007, or about $4,186 a month. The executive salary cap of $500,000 is  about 10 times the [...]

Kazakhstans flag

Foreign Layoffs Hurt, Payday Loans Help

Payday loans help ease hurt over foreign job loss
Most people see problems that are immediately in front of them and use short-term payday loans to cover against small financial shocks. If they have been laid off, their primary focus is how they’re going to meet expenses and get back on [...]

Importer/exporter

Will Wall Street Executives Need Payday Loans After New Salaries?

Obama caps salaries for bailed-out bankers
OK, truth is, Wall Street executives will not need payday loans. But they might feel like they’re scrambling for extra cash now that President Barack Obama has put a limit on bonuses and salaries at banks that receive bailout money. Don’t worry, they won’t starve. [...]

The Wall Street Crash of 1929, the beginning o...

Bailing Banks, Bilking Taxpayers | By Cash Advance Mojo

Shower the people – with tax burdens
A cash advance can rescue you from one of life’s little financial emergencies. However, when it comes to the recent banking system bailout, “little” is not the operative word.
Lemon Socialism
Rescuing the United States banking system – for which both the George W. Bush and [...]

Monday Job Cuts | Update From Fast Payday Loan Store

Macy’s, Chili’s and Morgan Stanley make cuts
As promised, your fast payday loan store delivers news on today’s layoffs.
Macy’s heads the pack as far as number of jobs to be cut today. The department store chain announced today that it will ax 7,000 positions. The jobs lost will be a mixture [...]

The Macy's flagship department store