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Unemployment Checks at an All-Time High, Dilbert Unemployed

by Flexo

As the economy continues to trudge along, more people are submitting claims for unemployment benefits. In the week ending January 17, more than 4,776,000 Americans received checks from the government to cover job loss, an increase of 61 percent over the same week last year. This number includes 588,000 individuals who filed for unemployment for the ... Continue reading this article…

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Your TARP Money Put to Good Use

by Flexo

About the author: Jeff Rose is an Illinois Certified Financial Planner™ and co-founder of Alliance Investment Planning Group. He is a veteran of Operation Iraqi Freedom, having served in the National Guard. Warning: For those of you that have been laid off recently, received a pay cut due to the recent economic crisis or frustrated ... Continue reading this article…

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3 Major Ways to Scrimp and Save in an Economic Recession

by Flexo

When the economy is growing and consumer confidence is high, it is common not to think twice about saving money and reducing expenses. If you are saving money every paycheck, investing in a 401(k) or other accounts for retirement, and spending less than you are earning there isn’t much motivation to reduce your expenses further. ... Continue reading this article…

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Does Penny-Pinching Encourage Economic Decline?

by Flexo

About the author: This is a guest post by Carson Brackney, writer for Personal Finance Analyst. Personal Finance Analyst is an online community of bloggers dedicated to taking the mystery out of money and helping you to live a happier, more successful life with the money you have. In the wake of 9/11, President Bush ... Continue reading this article…

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Twitter Poll: Will You Be Spending More or Less Than Last Year on Gifts?

by Flexo

Every so often, I present a question to Twitter to get a feel for opinions and ideas of Consumerism Commentary fans, readers, and friends. Yesterday, I asked whether you plan on spending more or less this holiday season than you did last year on gifts and other holiday expenses. With a troubling economy that doesn’t ... Continue reading this article…

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President-Elect Obama’s Approach to the Economy

by Flexo

CNN Money is presenting an in-depth feature explaining where President-elect Obama stands on a variety of economic issues. Here are some highlights: Temporarily eliminate taxes on unemployment benefits. Tax oil profits and use the money to help fund $1,000 rebate checks for consumers hit by high energy costs. Tax carried interest as ordinary income rather ... Continue reading this article…

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John McCain’s Proposal to Ease the Economic Crisis

by Flexo

Following Barack Obama’s proposals announced earlier, Republican candidate John McCain has outlined the steps he would take as president to help spur the economy in the United States. 1. Eliminate taxes on unemployment benefits. Like the Democratic candidate, McCain suggests eliminating taxes on unemployment insurance to make sure that those individuals out of work have ... Continue reading this article…

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Barack Obama Proposes Six Ideas to Ease the Economic Crisis

by Flexo

Each major presidential candidate is making his presence known and ensuring his name is constantly in the media as next month’s election approaches. Recently, Democratic candidate Barack Obama announced six action steps to help heal the economy in this country and across the world. Five of these are “new” ideas, and one was originally proposed ... Continue reading this article…

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