With the economy in the shape that it’s in, it seems people are turning more and more to payday loans. And there seems to be no short of payday businesses or sites. I’ve never used the service of a payday provider, so I won’t even begin to tell you where to go. What I would tell you though is try to find one that offers low rates, which could be a hard thing to do. Also make sure you can fill out a secure online application. When faxing information you really have no clue whose getting the fax, so don’t do the faxing ones. And a unsecured application means anyone could see your information. So do the smart thing, if you need a payday loan make sure you research the company your applying to. And if something doesn’t look right, don’t apply.

It seems that the rich people can no longer hide their money off shore. The a Swiss bank, UBS AG is planning on turning over the names of American people suspected of hiding money in their bank. UBS AG has made a deal with the IRS that will start the process of turning over American names. I read that the bank will first notify the people on the list of almost 4500. These people will have the choice to appeal to the Switzerland’s Federal Administrative Court to make sure laws are being followed. The IRS said that they will fight for the names and amounts that aren’t turned over to them. The IRS Commissioner Doug Shulman said that we’re looking to collect taxes with held in the account of almost $18 billion. I think this fight will go on for a long time. Plus it’s going to be hard to prove where the money was made. These are really rich people hiding money, so it’s going to be a fight with the IRS. If the money is owed to the U.S, then I’m all for it. But if it’s not I hope the U.S government leaves them alone.

Are you into entering contest’s to win free cash? If you are, your just like me, and just about the rest of the world. Now I do understand that there are a few people out there that don’t bother with contests. If your one of those people, that never really bother with contest’s, you should maybe take a peek at one I’m about to share with you. And if your just like me you’re going to jump all over this chance. So without further ado here’s your chance, just follow @creditloan on twitter, easy. Plus you will have to tweet the message “CreditLoan Visa Giftcard Giveaway. You can win by following @creditloan and retweeting – http://creditloan.com/twcontest”. You will be entering a contest to win a $1000 Visa giftcard just by following them, and retweeting that message on twitter. As always you should take the time to read over the contest rules to make sure you understand everything. Understanding what your about to get yourself involved with is very important, so read those rules. And make sure your tweet your friends to get them involved. I know it decreases your chance of winning, but how cool would it be to know that you helped a friend win a cool $1000 bucks. Happy Tweeting!

The company American International Group Inc (AIG) is now considering not selling of parts of the company to repay the American People the $60 billion we gave them. Instead they want to give those parts of ownership to the U.S. government. There only starting to think this way because they can’t find anyone to buy their crap, so their just going to turn it over to us. Is that how these company’s are going to treat the American people, if they can’t find a buyer for their crap what makes them think we want their crap.

Everyday I wake up I hear something new about company’s that have taken our money and have spent it with no care in mind. It seems like these company’s really just needed the money to give themselves big party’s, which is dead wrong. The banks and other insurance company’s are still reporting loses, and their not lending the money like their supposed to do. So why doesn’t the U.S Government call the loans back in? And if they can’t pay then we need to take them over. Someone needs to stop the bleeding these company’s are causing. It needs to be done, and done now before we lose all of our money.

Today the Federal Reserve Chairman Ben Bernanke said that the economy is suffering through a “severe contraction.” He also stated that he would do everything that he could to bring the country back. He also feels that the Fed and the Obama people need to work together to make things work again. Chairman Ben Bernanke feels that fixing the banking system is the way to go, like most other people including myself. I think the U.S. Government should let all these big banks and insurance companies like AIG fail. We need to stop handing them money and let them go into bankruptcy. After they file for chapter 11 the U.S. Government can come in and take over the businesses, but only to break them up and sell them off. This way the Government won’t run them, we can get new management in there and start with a clean slate. And this way the only one’s that get hurt are the shareholders, which after all they invested in that company, they took the risk not the American people. Why should we pay anymore money for the risk these shareholders took. Hey President Obama, what’s wrong with doing this way? To me and most other people out there this way seems the easiest, after all it’s going to end this way, so stop wasting money people and smarten up.

I have been hearing that it’s going to get much worst before it’s going to get better. I’m sure you’ve all heard it as well. And for the most part I hear it coming out of President Obamas mouth. I think he knows more than what he’s telling the American people, as well as the rest of the world. And I think a lot of people are starting to feel the same way.

As I was searching around the net today I came across a interview with Peter Schiff, president of Euro Pacific Capital. He thinks if the U.S. government passes this new stimulus bill we will be in an “inflationary depression worse than anything any of us have ever seen.” He also thinks that if the U.S. government should stop borrowing and let the market take it’s course so we can come up with a new platform. Right now our economy is built on borrowing and spending. He thinks we need to build on saves and production, and I can’t agree with him more. We need to stop living the ways we are now and start making hard changes to save our economy. Because if we don’t, and the bond bubble pops there will be no more government borrowing, then what would we do? If the collapse of the dollar happens the U.S government will go broke, and then the rest of world will follow. It’s time to start saving, and build on a real economy, not a fake one.

Can’t believe what I read today about the amount of people out of work. It was reported by The Labor Department that the jobless claims has jumped to 626,000. This amount of claims is way more than what analysts had predicted. Analysts had figured that the amount would be around 550,000 people, boy where they off by a lot. I also read that we haven’t seen this amount of people out of work since 1982. This deep recession is hurting a lot of people right now. I sure President Obama comes up with a plan very soon, because we need it now. Anyway, this puts the total number of people out of work at about 6.5 million. And these are just people claiming unemployment insurance, how many people are really out of work is anyone’s guess at this point.

Here’s something that put a smile on my face tonight. President Barack Obama is going to put a cap on how much executive’s that take a cut of the bailout money get paid. That means those crocks we call bankers can no longer pay themselves millions of dollars a year while their company is on corporate welfare. I read that some Senators where thinking of capping these crocks pay checks at about $400,000 a year. I think that’s still way to high. I say lets pay them $10 bucks an hour, the same their paying their cashiers, if even that much. Their cashiers work harder then they do, so this would be a fair rate, if not a little lower. And if their company loses money and the company stock tanks then they should be force to pay back the amount the company lost. This way they will have no choice to work as hard as they can. Anyway, this would never happen, but should. After all their taking money, so I should have a say in how much they make. I hope Obama thinks long and hard on this one, because these executive’s should be paid very little.

It’s about time someone is doing something to let people stay in their homes. And this change is because they have no idea what to do with the homes. Here’s what going to happen, Freddie Mac is going to let the people who fail to pay their mortgages rent the home. If you ask me that’s only going to benefit Freddie Mac. That’s because if someone lives there the home won’t fall into disrepair. Plus their getting something for the home. If you ask me the only people that should benefit from this new policy is renters of the property. Because what’s happening is renters are paying their rent on time but the landlord isn’t paying the mortgage. This new policy is well overdue, but now that it’s in place renters can feel a lot better now. As for the owners, they should be kicked to the curb, whether that’s right or wrong, that’s how it needs to be.

It seems that President Barack Obama has decided to put a ban on earmarks for the next stimulus package. He’s trying to get $825 billion dollars passed without adding in one earmark. This economic stimulus bill will be straight forward, no special projects or should I say pet projects will be allowed. Senator John McCain ran his campaign on how he’s never added one earmark his whole time in Congress. What President Obama is doing is a great choice, and I hope it works. Our last stimulus package started out only 5 pages long, until earmarks where added to make Senators and Congressmen get their vote. This is no way to get a bill passed, and anyone that got an earmark should be a shame of themselves. They where taking advantage of a bad situation. So I say great decision Barack, just stick to it.