3rd post

comment 1 - http://lauramartoranaconsumerseminar.blogspot.com/2009/04/stock-market.html?showComment=1242225780000#c7616624078915067524

comment 2 - http://benjaminblackmanconsumerseminar.blogspot.com/2009/05/credit-cards-crisis-and-comparison.html?showComment=1242225900000#c7691268376525388301

comment 3 -http://brandonfosterconsumerseminar.blogspot.com/2009/04/my-overall-reaction-to-article-hot-new.html?showComment=1242226020000#c4962160967572671571

2 credit cards

https://www.chase.com/ccpmweb/card_servicing/document/credit-cards-at-chase.html

https://www.chase.com/ccpmweb/card_servicing/document/credit-cards-at-chase.html

For the chase freedom card the

Positive
-3% bonus cash back on gas, groceries and fast food purchases for the first six months
-1% unlimited cash back on everything else. No cap, no expiration
-0% intro APR on purchases for up to 12 months No annual fee
-Earn up to 10% cash back when you shop online with Chase Rewards Plus
-Shop securely with Chase. Our innovative fraud monitoring system detects and alerts you of suspicious charges
-Zero liability on unauthorized purchases

Chase Platinum Credit Card

Positive
- 0% intro APR for up to 12 months
- Zero liability on unauthorized purchases
- 24/7 online account access
- Worldwide travel accident insurance
- Auto rental collision damage waiver
- No annual fee

I would be fine with either card but the thing I rally like about the first cards is there are many benefits and perks to buying it unlike the second one. The second one has good stuff but not enough perks every dollar spent in the first one offers something back to you overall I would purchase the first card there are no negatives to it.

Credit Crisis

http://topics.nytimes.com/topics/reference/timestopics/subjects/c/credit_crisis/

This article says that banks and lenders were giving loans to people in the lower to middle class who couldn't pay it off and then had to file for bankruptcy. The government had to take over banks and lending companies and there was a 700 billion dollar bailout on lending companies.

This all started when the stock market began o fall in the late 1900's and the banks were letting people get loans to easy the prices of houses were going up and people we refinancing easily. The lending was going out faster then coming in and they were not receiving money they were losing money.

The rising number of foreclosures was rapidly increasing as well the cost of houses was decreasing. The banks were loosing money every time someone foreclosed.

This is happening at a rapid rate now and lending companies are being more strict and looking into your credit more before giving you a loan. They lost tons of money and I believe that this is going to end in 5 years and never happen again.

The stock market

My article http://articles.moneycentral.msn.com/Investing/StreetPatrol/WhyWalMartIsAGoodBuy.aspx

Although Walmart has significant decrease in sales lat year there is a great future people believe while the economy is down there will be a lot more shopping at stores like Walmert and Target they have everything from clothes, kitchen supplies, to groceries they have everything a person need for low prices. People are going to begin shopping at Walmart for there daily necessities at a lower cost instead of buy to expensive clothing for a ridiculous price. Although the plan to remodel a yon of stores it might be costly but i believe it will gain them money in the long run. It iss said that Walmart has been doing good but is falling because of the gas prices many say this will be a company to compete with during this crisis.

Big and small Banks

I believe that big banks should be able to take over small banks and turn them into there companies because then people are not loosing money if thy have more then 250,00 in there account then the people are not loosing money. IF the big banks buy it it may actually not help but no hurt the economy because as you said its almost impossible for a big bank to fail. I believe they should close all small banks so the little ones will not fail and with the people who have money in the smaller banks should probably look to put in a larger bank in the future so its safer and less chance of losing money. Overall I think its a great idea if a larger bank company takes over a single owned bank because I think this has a little part to due with our corruption in this economy.

1. Health care is so bad right now that the prices have almost double for everyone many health care systems are raising there prices and it is supposable unavoidable to get cheap health care.

2.I believe wealthy jobs should fix our health care system they should get more taxed and there making the money why don't they help out there fellow Americans a little

3.Yes ours is different Canada spends much more of the government money while ours is coming out of the peoples pockets.

4. The rich because the poor cant afford

I believe that is going to be a problem for college students and up coming college students you might have to choose your major by job opening and not what you have a passion for. With these grueling percentages and numbers it gets kids scared about there future. How with these numbers of job loose will college students be successful 1 maybe even 3 years after they graduate. It's scary that are fate lies Obama's and other peoples hands to get the people out of the crisis that were in. It scares me to see what can happen in my future and me and many other people home it can get fix within Obama's first 4 years in office.