Burns: Uncle Sam's magic tricks hide trillions (Houston Chronicle)
Story date: 2007-11-18 10:53:49
Added on: 2007-11-19 02:00:20
When it comes to financial magic, the government of the United States takes the prize. Sleights of hand and clever distractions by purveyors of line-of-credit mortgages, living-benefit variable annuities and equity-indexed life insurance that I have illustrated in recent weeks are clumsy parlor tricks compared to the Big Magic of American politicians.
Read more...
Related Stories:
-
Watch out for tricks in 'magic' mortgage (Austin American-Statesman)
A new kind of mortgage can, as if by magic, make a 30-year mortgage disappear in half the time, or so the...
2007-10-27 06:32:39 -
Alliance Insurance boss says CTI`s prize awards encourage efficiency - IPP Media
The annual Presidential manufacturers` prize awards organised by the Confederation of Tanzania Industries (CTI) are increasingly becoming platforms for evaluating efficiency in...
2008-07-24 11:30:00 -
Magic in finance, part 1: the magic of a tricky mortgage (Daily Breeze)
A new kind of mortgage can, as if by magic, make a 30-year mortgage disappear in half the time. That’s what readers...
2007-10-29 05:06:52 -
Library of Congress to honour Stevie Wonder - CBC News
The U.S. Library of Congress will honour Stevie Wonder with its second Gershwin Prize for Popular Song. Librarian of Congress James Billington,...
2008-09-03 06:28:00 -
A look back at 2008 (The News-Times)
In a year that brought about profound change in the nation's future leadership, a year marked by United States involvement in two...
2009-01-03 08:56:13 -
Banks play a lot of tricks to sweeten their pots at your expense (Market Watch)
PALM BEACH GARDENS, Fla. (MarketWatch) -- This Halloween, stay alert to the tricks up your banker's sleeve. It's become tougher to avoid...
2007-10-29 04:24:56 -
State of the Union Address by the President (wallstreet:online AG)
Chamber of the United States House of Representatives United States Capitol 9:09 P.M....
2008-01-28 09:19:16 -
Wells Fargo takes over Wachovia, BOA grabs Merrill Lynch (The Salisbury Post)
ATLANTA (AP) — Two mega acquisitions in the banking sector have been completed following the biggest financial crisis to hit the United...
2009-01-02 07:25:12
