Obama and Interest Rates

President Obama reached his 100th day in office this week with huge questions lingering regarding the effectiveness of his policies and strategies. While it may take years or decades to objectively evaluate the Obama Administration’s response to the financial Pearl Harbor he has faced, at least for this milestone week Obama enthusiasts point to the positive. [...]

Warren Buffett Calls President Obama Right Commander for Economic Pearl Harbor

President Obama has the friendship and counsel of value investor Warren Buffett who endorsed Obama early in the presidential campaign and is expected to remain active in giving the President’s economic team advice.

Buffett, who through his company Berkshire Hathaway has investment in insurance companies, furniture companies, and large stakes in Coca-Cola and Wells Fargo Bank, [...]

McCain and Obama Suggest Raising FDIC Insurance Limits

The presidential candidates agree on at least one issue with both McCain and Obama strategists promoting an increase in the FDIC insurance deposit limit as part of their candidates financial reform platform. Both candidates agree that the insurance limit should be increased from $100,000 to $250,000.

The last time the insurance limit was increased was 1980.