Thursday, January 23, 2014

Seriously delinquent

January 10th I start getting letters from Bank of America that we're seriously delinquent on a loan BUT there's help.

I'm dumbfounded by this as Bank of America takes the payment directly from our checking account every month. After three messages to our "account specialist" and one to her manager I finally get a call back today. Shawnee in the office of the CEO is so sorry, after further investigation she sees that the account is actually current. That the modification they granted and signed off on a year ago is just getting finalized in the system and it's their error. They've also been reporting our serious delinquent account to credit which she will put in a request to correct.

ARE YOU KIDDING ME! And this folks is how Bank of America values it's customers.

Friday, January 17, 2014

Starts

Housing starts fell sharply last month but they remained strong enough to give builders their best year since 2007, the Commerce Department said Friday.

We can only hope building is getting stronger………has so much to do with the economy!


On a side note: FREE Kindle version today on Amazon.com. My novel "CASANOVA COWBOY" Lisa Loomis

Thursday, January 16, 2014

Stable?

Federal Reserve Chairman Ben S. Bernanke defended quantitative easing, saying it has helped the economy and shows no immediate sign of creating a bubble in asset prices.
“We don’t think that financial stability concerns should at this point detract from the need for monetary policy accommodation which we are continuing to provide,” he said today in Washington at a forum sponsored by the Brookings Institution.

Monday, January 6, 2014

Blind eye

JPMorgan Chase is expected to pay approximately $2 billion in civil and criminal settlements as early as Tuesday to settle government suspicions that the global bank ignored signs of Bernard Madoff's massive Ponzi scheme.

Turned a blind eye=greed

Saturday, January 4, 2014

Hungover

NEW YORK (MarketWatch) — U.S. stocks ended a choppy trading session mostly lower on Friday after Federal Reserve Chairman Ben Bernanke defended the extraordinary measures undertaken by the central bank to boost the economic recovery.

I think the Fed has a long way to go to boost people's confidence that there actually is a recovery………..the average American doesn't feel it.