CREDIT TALK USA Worldwide LIVE

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Europe is in trouble. The ...

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Europe is in trouble. The ...: Is this going to be another bailout? Is it the US responsibility to help them or do we for once take care of our own country. Europe is hu...

Credit Talk USA Live - Europe is in trouble. The US responsibility?

Is this going to be another bailout? Is it the US responsibility to help them or do we for once take care of our own country. Europe is hurting for cash, and central banks around the world are stepping in to give it a boost.
The Federal Reserve, along with five other central banks, acted Wednesday to make it cheaper for banks around the world to borrow U.S. dollars -- a staple of global financial transactions.

It's a big move, meant to not only lower the cost of short-term borrowing for troubled European banks, but also keep the global economy free and clear of an all-out credit crunch as in 2008.
"The euro debt crisis is coming to a head after two-plus years of dragging and hand wringing, and I think what these central banks are trying to do is send a signal to markets that there isn't going to be a huge liquidity crunch like there was in fall 2008," said Cornelius Hurley, a Boston University professor and former counsel to the Fed Board of Governors.
Indeed, world stock markets surged on the news, pushing the Dow (INDU) back into positive territory for the year. But what does it all mean. What I want to know is how much of this is hype is the media normally does.

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Americans to forfeit Bill...

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Americans to forfeit Bill...: Lets be frank you should know how many vacation days you have period. Don't let your company do this to you but you and only you are goin...

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Americans to forfeit Bill...

Credit Talk USA Live - Americans to forfeit Billions in vacation days

Lets be frank you should know how many vacation days you have period. Don't let your company do this to you but you and only you are going to look out for yourself. There's still a month to go before the end of the year, but most Americans will let their last remaining vacation days go unused. The average American worker earned 14 vacation days this year but will only take 12 of them, according to a survey by Expedia. That's about the same number of days they left on the table last year.
unused. The average American worker earned 14 vacation days this year but will only take 12 of them, according to a survey by Expedia. That's about the same number of days they left on the table last year.

While two forfeited days of vacation may not seem like a lot, it can really add up. Altogether, Americans are giving up 226 million unused vacation days this year. Considering that, according to the Bureau of Labor Statistics, the average full-time worker earns $39,416 a year -- that's $34.3 billion worth of time.
The reason most workers say they chose to slave away at work rather than relax on a beach, is that they could not afford to travel, Expedia said. "Lack of planning" was the second-most-cited excuse among those surveyed. Reports are saying that people are traveling less but don't believe the hype planes are fuller now days than ever before.

http://money.cnn.com/2011/11/30/pf/unused_vacation/index.htm?iid=HP_River

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Occupy protestors getting a...

CREDIT TALK USA Worldwide LIVE: Credit Talk USA Live - Occupy protestors getting a...: http://www.reuters.com/article/2011/11/30/us-usa-protests-idUSTRE7AT0FO20111130 I am very disappointed in the mayor of LA. Police in rio...

Credit Talk USA Live - Your heating bills could start to go up..

In place like New Your City or even Texas it is going to be a brutal winter in allot of ways Bill McLaughlin is bracing himself for a tough winter. He and his wife, Cindy, live in Brewer, Maine and neither of them are working. Bill, who's 59, is disabled and Cindy lost her job more than a year ago. And now the cold is setting in. During any winter in Maine, paying for the oil that heats their home is a big expense. But this winter, it will be especially taxing. The price of heating the average home with oil is expected to jump 10% this year to an average of $2,535 over the winter heating season (October 1 through March 31), according to the U.S. Energy Information Administration (EIA). That's 45% higher than just two years ago, when the average bill was just $1,752. So all over it would seem people could be in trouble with higher bills. Ven while keeping the thermostat low, the McLaughlins burn about 750 gallons of oil a year. At about $3.50 a gallon, that's more than $2,600 "We're in a real bind; There's no safety net," said Bill. "We've run through all our savings and if we pay for heat, we have less money for food and medicine. We don't even have our car out on the road. My wife depends on friends when she has to go someplace." Are you someone that is ready and have a plan in place?
http://money.cnn.com/2011/12/01/real_estate/heating_costs/index.htm?iid=HP_LN

Thursday, December 1, 2011