America was built on free enterprise and the drive for profit, but at what cost does that profit cost, not in bottom line numbers but in human sacrifice? This is not a liberal communist criticism of our system; it is merely a reflection of the changes we have seen these past 20 years.
The FDIC was created in 1933 to add stability to the failing banking industry. The concept was simple: provide guarantees for funds on deposits in member banks. Stability was necessary for the country to crawl itself out of the Great Depression. Since its inception, the FDIC and its guarantees have allowed the United States to prosper and gain confidence.
On March 9, 2009, all of the Wall Street gurus agreed that this was the first day of our current bull market. We had just came out of one of the worst financial meltdowns, and now America was ready for a strong bull market run. The DOW JONES closed that day at 6,547 points and [...]
Did you know that in September of 2013 the Dow Jones Industrial Average was hovering at the same level it was 14 years before? The stock market can be advantageous during specific time periods, but brutal during other times. Dreams can be crushed, retirement plans delayed. Can you afford to keep rebuilding your wealth every [...]