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Tag: economy

The Pension and Family Security Plan

Today, Senator John McCain introduced an economic plan for when he becomes president. The plan is called “The The Pension and Family Security Plan.” It includes some items for senior citizens, savers, investors, homeowners and the unemployed.
For senior citizens, it includes lower taxes on withdrawals from retirement accounts and calls for a suspension of tax [...]

McCain’s Mortgage Plan

Senator McCain’s new proposal to buy distressed mortgages and refinance them for home owners was explained further today. His economic advisor said that under the plan, a homeowner having difficulty making payments or facing foreclosure would be eligible for an FHA-insured mortgage.
These new mortgages could have interest rates in the 5 to 5.25 percent range [...]

The Snoozer Debate

Who needs Ambien when you can watch the presidential candidates "debate?" Last night was the sleeper debate of the season. I recorded it on Tivo so that I can use it next time I am having a difficult time sleeping.
The questions that were selected by Tom Brokaw had all been answered by the candidates before. [...]

It’s the Economy, Stupid

President Bill Clinton made the phrase, “It’s the economy, stupid,” famous during his 1992 campaign for the White House. It looks like the phrase is as relevant today as it was then. People are concerned about bottom line issues like having enough money to pay for groceries, gas, the mortgage and their children’s education. This [...]