Senator Akaka, talks about his humble beginnings, learning the importance of saving and financial literacy, and his efforts to educate and protect American consumers. This video was created as part of YouTube Town Hall, answering the question “Given that 50% of Congress people are millionaires; do you represent the average American?”. To view the debate and choose the side, please visit www.YouTube.com
Financial Finesse, the nation’s leading US provider of unbiased workplace financial education, has released its third and final special research report for 2011 on the state of employees’ retirement preparedness. Report shows employees continue to make improvements to finances and increase focus on retirement but are not doing enough to adapt to the “new normal” Download a PDF of the release here. The report found that the overall state of US employees’ retirement preparedness remains low despite a positive trend in employees improving their finances and putting heavier emphasis on retirement planning. According to the report: • Most employees have never run a retirement projection despite their income or age. Fifty-seven percent of employees at pre-retirement age, between 55 and 64, said they had not run a calculation to estimate whether or not they were on track to replace 80% of their annual pre-retirement income (or their goal) in retirement. This number grew with younger generations: 68% of employees age 45-54, 67% of employees age 30-44, and 73% of employees under 30 indicated they had not run a calculation and didn’t know if they were on track to retire. Scott Drake Interviews Financial Finesse Resident Advisor Michael Smith.for Annuity News Now www.annuitynewsnow.com
Latest financial market news: • FTSE 100 up on decent Asian showing overnight • More M&A excitement with Avis takeover • Glencore and Tesco release results • UK inflation (CPI/RPI) numbers in line with expectations • Investors looking to plentiful US economic indicators data this afternoon, including US retail sales
US Is Nearing Even Worse Financial Crisis: Jim Rogers Jim Rogers, Rogers Holdings chairman/CEO discussing the economy, rising debt, China’s growth prospects and oil prices. www.cnbc.com Why are some still listening to this guy (Bernanke)? www.youtube.com Federal Reserve Statistical Release, Z.1, Flow of Funds Accounts of the United States www.federalreserve.gov Debt Clock www.usdebtclock.org
Global Financial Markets Tremble As Bad Economic News Continues for US US Offers Foreign Aid to Countries Holding Billions in Treasury Securities The Congressional Research Service released a report last month, a copy of which Fox News exclusively obtained, showing that in fiscal year 2010, the latest year that data was available, the US handed out a total of .4 billion to 16 foreign countries that held at least billion in Treasury securities, including China (.2 million), Brazil ( million), Russia (.5 million), India (6.6 million), Mexico (6.7 million) and Egypt (5.7 million). China is the largest holder of US Treasury bonds with .1 trillion as of March, according to the Treasury Department. Brazil held 3.5 billion, Russia had 7.8 billion, India owned .8 billion, Mexico held .1 billion and Egypt had .3 billion. www.foxnews.com www.foxnews.com Dismal Jobs Report Fuels GOP Criticism of Administration on Economy Republicans continued to hammer Obama with an infamous chart pushed by his administration during the 2009 stimulus debate which predicted unemployment would stay below 8 percent and that, by this time, the rate would be below 7 percent. www.foxnews.com Global Financial Markets Tremble As Bad Economic News Continues To Pour In truthiscontagious.com US Growth: Slow and Volatile www.nationaljournal.com As the US economy starts to slow down once again, global financial markets are beginning to tremble. Over the past couple of …
financialsurvivalradio.com Famous commodities investor Jim Rogers tells www.FinancialSurvivalRadio.com why a 0+ silver price in 2011 isn’t necessarily a good thing. He also discusses recent news of the University of Texas’ investment fund allocation of B worth of gold bars. We ask him if such a move represents a “golden tipping point,” as some have suggested. To hear the entire interview, go to http
Stock Market and Economic forecast using common sense analysis and decision making techniques. Focus is on the US Dollar, Commodities (CRB Index), Bonds (10 Yr. Treasuries), and the Stock Market (DJIA 30). Gold, silver and oil are often discussed when relating to commodities. How to Turn 000 into Million or Collapse Trading Stocks! Stocks trading in this portfolio started out at k 1/28/10. Each week the worst stock is sold and a new stock is added. Stock performance will be compared to the buy and hold stock strategy at the end of 1 year. Stocks covered this week include: Tempur Pedic, Continental Resources, El Paso Pipeline, Endo Pharmaceuticals, and Speadtrum Communications. One stock will be sold and a new stock will be bought!