10 Jan 09 Financial Crisis Carnival 01

Welcome to the January 7, 2009 edition of financial crisis.

Credit Card Assist presents How Shall I Compare Thee, Credit Card? posted at Credit Cards Blog | CreditCardAssist.com.

Deposit Accounts presents Will Opening a Deposit Account Affect My Credit Score posted at The Money Blog.

KCLau presents Christmas On A Budget posted at KCLau’s Money Tips, saying, “This post is contributed by Jacquelyn Sarah Wong, the co-author of The Secrets to Writing an Ebook in Three Easy Steps. It is about how to be frugal this christmas season with the economy down.”

Madeleine Begun Kane presents Who Needs Oversight, When You’re Spending Money You Don’t Have? posted at Mad Kane’s Political Madness.

Joy presents The Weirdest Story Ever about Trading and Finance posted at Fulfilled Dreams.

Mark Aucamp presents Check your Mortgages for free with Loancheck | Talk Money blog posted at Money Saving Tips, Consumer Finance, Expert, Advice and Help | Talk Money Blog.

Michael Haltman presents You Are Facing Foreclosure? Now What? posted at The Political and Financial Markets Commentator, saying, “For any number of reasons many homeowners find themselves in the position of either being late on their mortgage or about to be late. There could be a death of the breadwinner, loss of a job, an adjustable mortgage, divorce, loss of a tenant in an investment property and the list goes on.

Prior to going into the foreclosure process, there are other steps that should be considered in dealing with the lender and the mortgage they hold on your property. Some may delay the process, others will avoid it, but in the end the borrower will likely lose the house.”

kathryn presents Dealing with Financial Disaster posted at Out of Debt Christian, saying, “Instead of throwing in the towel or trying to bury your head in the sand, take the bull by the horns and get started right now on fixing the problem.”

Anthony M Gray presents The Four Principles of The Money Merge Account™ posted at Anthony M Gray.

Madeleine Begun Kane presents Banks To Taxpayers: Drop Dead! posted at Mad Kane’s Political Madness.

Tushar Mathur presents 3-6-3 Rule - An unofficial banking rule !! posted at Invest In India, saying, “The banking industry of the 1950s, 1960s, and 1970s is often described as operating according to a 3-6-3 rule .The rule basically explains how bankers would give 3% interest on depositors’ accounts, lend the depositors money at 6% interest and then be playing golf at 3pm.”

Shaun Connell presents Financial Happiness: The Real Goal of Financial Planning posted at Financial Planning, saying, “Financial planning almost always revolves around the same basic theme: get a job that pays well, save as much as you can, invest as much as you can, make as much as you can, hoard as much as you can. But what if financial planning -isn’t- about the money? What if it’s about something else? This is a must-read for anyone who has any sort of financial plan.”

apply4-credit presents Tips for Negotiating a Credit Card Payoff posted at Credit Card Applications Expert | Apply4-Credit.com.

Credit Card Assist presents How to Tell Your Credit Card Company You Can’t Pay posted at Credit Cards Blog | CreditCardAssist.com.

Debt Freedom Fighter presents Tips for Choosing a Debt Counselor posted at Discover Debt Freedom!.

kathryn presents The Hole in the Checkbook posted at Out of Debt Christian, saying, “The budget is made, we write down what we spend and we limit our purchases to necessities only. That usually lasts for the first couple of weeks or even a few months before the checkbook springs a leak.”

Michael Haltman presents Madoff And His Fuel For The Anti-Semetic Fire posted at The Political and Financial Markets Commentator, saying, “True to form the Madoff scandal has not only cost individuals and charitable organizations billions, but it has brought the specter of anti-semitism that normally bubbles just underneath the surface out into the light of day.”

KCLau presents Introduction of a new scheduler tax deduction (STD) posted at KCLau’s Money Tips, saying, “About LHDN introducing a new scheduler tax deduction (STD) system”

Shaun Connell presents What is Money? posted at Financial Planning, saying, “What’s the difference between money and currency? Are they the same? Why do we say we “make” money rather than “get” money? All these questions are answered — what is money?”

Matthew Paulson presents Can You Get A Vehicle Loan With Bad Credit? posted at American Consumer News.

Debt Freedom Fighter presents 3 Methods to Discover the Best Company For Credit Card Debt Relief posted at Discover Debt Freedom!.

Insurance Toolbox presents How to Save Money When Buying a LIfe Insurance Policy posted at Insurance Toolbox.

Deposit Accounts presents Learning to Live on 70% of Your Income posted at The Money Blog.

Debt Free Destiny presents Bankruptcy Has Far Reaching Effects on Your Life posted at Debt Free Destiny.

Credit Card Assist presents 5 Reasons Balance Transfers Can Do More Harm Than Good posted at Credit Card Assist.

kathryn presents Should You Trust Your Broker posted at Out of Debt Christian, saying, “Financial times are scary and the thought that your broker might not have your best interest in mind can push you right off the deep end. No matter what you think about the person on the other side of that desk you should always get informed yourself.”

The Future

The Investor presents Government bonds: An exciting new way to lose money to the bear market posted at Monevator.com, saying, “The flight to safety caused by the stock market meltdown in 2008 means government bond yields are the lowest for 50 years. This article explains why it’s the next bubble market waiting to burst.”

One Family presents Employee Stock Purchase Plan (ESPP) and 401K Retirement Plan Annual Enrollment and Contribution Review posted at One Family’s Blog.

Michael Bass presents What is a Junk Debt Buyer? posted at Debt Prison, saying, “Often, original creditors are selling debts that were absolved due to bankruptcy or debt settlement. And collection agencies also sell debts in bulk to other collecting companies. Why would anyone buy debt that legally can’t be collected on?”

Save Money presents Dave Ramsey’s Baby Steps: My Take posted at How I Save Money.net.

The Investor presents How I bought the mortgage-backed securities the banks don’t want by buying Prodesse posted at Monevator.com, saying, “Having initially priced mortgage-backed securities to the point where they were apparently risk-free, the credit crisis and market meltdown has seen banks go to the other extreme. Do AAA mortgage-backed securities now offer a decent risk/reward play for contrarian investors?”

Doug Ragan presents How YOU Can Help Save The Economy posted at I’m A Pundit Too, saying, “Who’s going to save us from our failing economy? Do you really think that Congress can save both big business and you at the same time? It is obvious to everyone that the economy is in big time trouble. But what everyone doesn’t understand is how to put it back together. There is much debate about fixing the economy, bank bailouts (thanks Paulson), auto manufacturer bailouts (thanks Bush), freezing foreclosures (thanks Fannie), expansion of government programs that take jobs from the private sector(thanks Obama), the list goes on. One of the interesting things about this very long list is that it mostly seems to be about what the government can do to fix the economy, instead of what the individual can do. The government has a habit of trying to tell business what to do, then trying to prop business up to keep it from failing. This has created problems that won’t be fixed by more of the same. If you really want to talk about “Change” then you need to talk about what individuals can do to put the US economy back on track instead of what the government is going to attempt to do.”

Raymond presents New Credit Card Rules posted at Money Blue Book.

The Past

Leon Gettler presents Why did the housing meltdown happen in the US? posted at Sox First, saying, “Why did the housing meltdown happen in the US? Because the US had unique conditions. It couldn’t happen anywhere else.”

Robert Sanders presents Why Wall Street's Brightest Minds Could Not Save The Financial Crisis | The Bailout Economy posted at The Bailout Economy.

Michael Cintolo presents The Year in Verse posted at The Iconoclast Investor.

Investing School presents Not All ETFs are Good Investments posted at Investing School, saying, “Be careful out there and know what you are investing in! Never invest just based on the name!”

Michael Cintolo presents Calm in the Storm posted at The Iconoclast Investor.

Silicon Valley Blogger presents Financial Crisis In The Media: Is The Economic Crisis Overhyped? posted at The Digerati Life, saying, “Thanks!”

Steve Faber presents - The ARM – What is an Adjustable Rate Mortgage Loan, and How Did it Get So Many Homeowners Into So Much Damned Trouble? posted at DebtBlog.

The Present

Robert Johnson presents THEMELTDOWNTODAY.COM: Jobs in the Ecomony - First Blog posted at The Melt Down Today.com, saying, “To assist people in financial decisions based on information gathered from around the world.”

Robert Johnson presents 8 really, really scary predictions from CNN Money Fortune Experts posted at The Melt Down Today.com, saying, “Discussion regarding the Economic Financial Crisis.”

William James presents Denver Climbers Coalition posted at Wilderness Exchange Unlimited.

Andrew Edgington presents Safe and Profitable Property Investments posted at Best On-line Mortgages, saying, “Mr. Shaw’s new book exemplifies his journey from struggling window installer to UK millionaire for the reader’s benefit. When you read this powerful book, chances are you will not be able to stop reading it until the stunning conclusion.”

Andrew Edgington presents Cyprus Increases Its Investor Appeal posted at Cyprus Informer, saying, “Discover Cyprus property Investment issues on this information packed blog which is dedicated to giving free independent tips on property investment and travel.”

The Neave presents Lifestyles of the Overpaid and the Famous | posted at Less than meets the eye.

One Family presents Frugal Living – Ten Great Gift Ideas for Frugal Families (Christmas Holiday Shopping Tips) posted at One Family’s Blog.

Robert Johnson presents Another Bubble - What is the Fed Hiding from us? posted at The Melt Down Today.com.

Andrew Edgington presents A Successful Business at Home posted at Internet Success Strategies, saying, “I have 3 slots remaining for the Super VIP Program where I will work one on one with you to help you earn $30,000 Every Single Month!”

Sandy Naidu presents Bernard Madoff’s Ponzi Scheme posted at FutureNestEgg.

financefanatic presents Bears Hibernate While Bulls Fight Through Unemployment Numbers posted at Crash Market Stock - Stock Tips To Make Money During A Recession, saying, “Good ideas to suggest we are still in a strong financial dilemma.”

Howard Ditkoff presents Recognizing the Shameful Ostracism of Ecological Economics During America’s Economic Crisis posted at SystemsThinker.com Blog, saying, “This is a commentary regarding the way ecological economics has been left out of the debate during our current economic crisis. While this piece is actually published on the main part of my website, and so is not technically a blog piece, I do have a blog, which I’ve linked to above.”

Angry Max presents Call Me a Bank: Now Pay Me posted at Pterodactyl Puke.

Joy presents The Madoff Dream and the Mad Cow Disease posted at Fulfilled Dreams, saying, “The Madoff Dream and the Mad Cow Disease, what do they have in common?

They spark schizophrenic fear, they put economies onto a halt, every business in the sector gets quarantined at the slightest hiccup and the farmers always lose their shirts…”

Mr Credit Card presents The New Credit Card Rules | Ask Mr Credit Card’s Blog posted at Ask Mr Credit Card.

Isaac Yassar presents Why You Should Never Be A Part Time Writer posted at Isaac Yassar .com, saying, “Financial crisis is not a valid reason to get yourself a part-time job. Learn here why. Your feedback is greatly appreciated.”

Isaac Yassar presents 2 Requirements Of Definite Success posted at Isaac Yassar .com, saying, “You CAN survive and even earn more success even in the middle of a financial crisis/recession. Success has two simple requirements, the problem is, can YOU handle them? Feedback on this post is greatly appreciated.”

That concludes this edition. Submit your blog article to the next edition of financial crisis using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

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