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Published on May 1, 2012 by usawatchdog http://usawatchdog.com/ - Greece, Portugal and Ireland have all been in the spotlight with money troubles. Now, Spain is taking center stage, and its debt is more than double the previous three countries. The most underreported story this week is the European debt crisis. There has been one bailout after another. Nothing is working as many EU countries plunge into recession. Charles Biderman, CEO of Trim Tabs Investment [...] In his first interview since announcing he was dropping out of the presidential race, Rick Santorum hinted that money troubles contributed to the end of his campaign. Mr Santorum abruptly suspended his White House bid on Tuesday, initially citing his desire to spend time with his ailing three-year-old daughter, Bella. ‘Money isn’t everything in politics,’ Mr Romney said on American Family Radio, ‘but you do have to have enough to be successful, [...] Today, I was appointed by President Obama to serve as the first Director of the Consumer Financial Protection Bureau. I am honored by this opportunity to continue my work on behalf of consumers. And I am energized by the responsibilities and challenges facing the Bureau.
The importance of this day has less to do with me personally and much more to do with you – and the millions of individuals and [...] Consider yourself lucky if you’re among the relative few working at companies that still offer “defined benefit” pension plans, coveted relics that provide a generous and reliable income throughout retirement. But even if you’ve got one, you can’t take for granted anymore that you’ll get all of the money your plan has promised. These days, more and more pensions are unable to meet their obligations [...] |
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