Dr. Starr interviews Bernie Madoff victim Lawrence Velvel on SEC neglect and failure to investigate. Mr. Velvel is Dean of the Massachusetts School of Law at Andover. Show Date: April 22, 2009 Dean Velvel contends the Securities and Exchange Commission (SEC) was “willfully, horribly negligent” in failing to monitor Madoff's operation. The federal judge overseeing the criminal case … [Read more...]
Tax Day Tea Party Syndrome by Tax Mama Eva Rosenberg
Tax Day Tea Party Syndrome: Guest Column by Tax Mama Eva Rosenberg. Tax Mama declares, "Americans are revolting. And I'm proud of it." Rights Radio endorses Eva Rosenberg's point of view. Let the party begin. Americans spend over 28% of their year just working to pay a variety of taxes. (Tax Freedom Day was April 13th in 2009.) The Internal Revenue Code in 2005 stood at 7 million words in 736 … [Read more...]
Goldman Sachs Bailout Winner Dominates Banking Landscape
Under the policy enacted by former U.S. Treasury Secretary Henry Paulson, Goldman's chief executive until 2006, key competitors have failed or been diminished. Goldman is now poised to dominate the investment banking landscape. The following article by David Weidner appeared on MarketWatch.com on April 7, 2009 in Weidner's "Writing on the Wall" Column. Due to the importance of this piece, we are … [Read more...]
Auto Loans: Why Good Credit Could Hurt You
Why and when good credit can hurt you. My guest is Dora Lee Stallard, finance manager of a Nissan Dealership and also the director/founder of FreshStartIndy.com. Show Date: April 8, 2009 Preposterous as it may sound, it's often easier to obtain a car loan following bankruptcy, versus having a good credit score. Dora Lee Stallard explains why auto financing is a psychological … [Read more...]
Welfare for the Wealthy – Socialism Americana
Senior executives who destroyed AIG wake up to the sweet smell of a billion dollar bonus package from American taxpayers - possibly reduced to a mere $165 million - for doing their job so well. Here's a possible explanation: Failures Have the Right Stuff: The majority of Americans are not only "allowed" to fail, we're told that failure will make us stronger and more resilient. The rich, … [Read more...]
Government Grants for Small Business Scams
Don't be a victim of government grant, easy money scams. According to the SBA, "Nothing good in life comes easy, and that includes getting financing for your small business." Here's an excellent SBA article that every small business owner should read - courtesy of the Fox Valley Chapter of SCORE. "Despite advertisements to the contrary, no federal government agency -- including the Small … [Read more...]
Economic Stimulus Support for Other Nations – China & India
Economic Stimulus Plan Q & A - Courtesy of Dr. Dave! "This year, taxpayers will receive an Economic Stimulus Payment." This is a very exciting new program that we will explain using the Q and A format: Q. What is an Economic Stimulus Payment? A. It is money that the federal government will send to taxpayers. Q. Where will the government get this money? A. From taxpayers. Q. So … [Read more...]
Electric Bill: How to Save Money on Your Utility Bills
How to save money on your average household electricity bill. Even if you lose your job, you are required to pay your electric bill each month. Here are 10 ways you can cut that bill. Turn off and unplug anything that you're not using, including your television and stereo. Solar Panels. Learn how to build solar panels nd wire them together to produce electricity for your home. Reuse bath … [Read more...]
How to Create a Winning Website Business – And Not Get Fleeced by Guru Hype
Do you dream about an alternative stream of income to pay monthly bills, warm up those dry spells of unemployment or too little employment, pay for a great vacation, provide gifts for loved ones or underwrite your child's education? Creating a website business is definitely an option. But don't let slick website marketers take precious dollars you can't afford to lose. Are you suffering from … [Read more...]
Stock Fraud: How to Get A Portion of Your Money Back
Shareholder Rights What are your shareholders rights when a stock you own drops like a rock, the company goes broke or shareholders are victims of massive stock market fraud/stock broker fraud? How can shareholders reclaim invested funds and how much can can they expect to get back? How can a stock fraud attorney help? How do you find the right stock fraud lawyer? Why would a defrauded … [Read more...]