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The Greek Solution

The Greeks appear to have come up with an interesting way to deal with the fact that any Greek government will face intense pressure from Germany and some other European countries to accept more and more austerity that will be rejected by most Greeks.

Dont have a government.

The elections held Sunday seem likely to result in an impasse over the formation of a government. The two traditional parties got fewer than a third of the votes between them, which may seem fitting considering that they got Greece into the mess. Nearly all the rest went to parties that oppose the austerity deal but also despise each other.

If no coalition government can be formed, a caretaker administration would be formed with no mandate to do anything and new elections called. Would Europe pull the plug on such government? If not, the stalemate could go on for a while, with no assurance that a second or third Greek election would settle anything.

The German position, repeated by Chancellor Angela Merkel after the Greek vote, has been that the European austerity agreement is sacred and must be respected.

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Tags: Greek, Greek Solution

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Currency exchange is always required at the global marketplace

Today, the purchase of goods and services has become easier than it was before. Each nation trades with other nations in the world. There are a huge number of operations among them which are money based. Barter is rarely found, as it does not serve as a practical solution today. And that is why the use of the money transfer came into existence. If a businessman needs to buy and sell goods in different countries, he can face difficulties as the currency of the foreign country differs as usual. Caxton FX exchange service is the answer to this problem, as using these services all transactions are done fast and smooth.

Currency exchange is important when you purchase goods from a foreign country, for example when you need to import the products from Mexico. People often suppose that the identical goods should have the same price regardless of its currency. The situation is that if this was the case, then the buyers would never go looking for where the goods were cheaper and sell where it was highest.

Now comes to the payment methods. Read more…

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American Express Prepaid Debit Card Now Allows Direct Deposit

The American Express Prepaid Card hit the market in 2011 and garnered a great deal of attention since it had a very low fee structure compared to competing prepaid debit cards. Unfortunately, the card offer was quickly criticized by a lot of consumers as well because it lacked a key component— the ability to direct deposit paychecks onto the card.

For consumers without bank accounts who might have been interested in the American Express Prepaid Card because of its low fee structure, the inability to set up direct deposit from their employers was often a total deal killer. Amexs $200 limit on ATM cash withdrawals want that appealing to potential cardholders either.

However, American Express listened closely to consumer demand over the past year and recently announced the following changes, which really bring the American Express Prepaid Card to the top of its class.

• Direct deposit: You can now load up to $5,000 each month from your paycheck via direct deposit.
• Higher ATM Withdrawal Limits: Cardholders can now withdraw up to $400 cash per day, and there is no fee from American Express for the first monthly ATM cash withdrawal.

Problem solved. T

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Tags: Card, Debit Card, Prepaid Debit, Prepaid Debit Card

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Can I Fund Your IRA With $5k Cash….Pretty Please?

Did that headline get your attention?  If not, let me repeat

Today is your lucky day that you could potentially win $5,000 in cold hard cash..Boo-yah!!!

Have I got your attention now?   Thought so. 

In case youve missed it, Ive been on movement lately a Roth IRA Movement to be exact.

Ive recruited over 125 bloggers to get on board and write about why they love the Roth IRA and its going down Tuesday, March 27th.   (Be sure to check back next Tuesday on the big announcement post that showcases all the participants).

As exciting as that is for me, I thought it would be THAT much more fun if I added a little flair to the movement.   And the last time I checked $5 Gs has A LOT of flair.   Wouldnt you agree?

How Its All Going Down

Ive teamed up with the guys over at IRAMarket.com and some of my most favorite personal blogging buddies to make this thing go down.  Maybe youve heard of them before?

• Phil from PTMoney.com
• Jeremy from GenXFinance.com
• Bob from ChristianPF.com
• Ryan from CashMoneyLife.com
• J. Money from

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The Supreme Court and the National Conversation on Health Care Reform

Once again America is having one of its “national conversations” on health care reform. This time the buzz is over arguments before the Supreme Court on the constitutionality of certain provisions in the Affordable Care Act. The justices’ rulings will be landmark decisions, because they will indirectly go much beyond the act itself to our entire system of governance.

A fine synopsis of the issues now before the court is provided in a report by the Henry J. Kaiser Family Foundation. The following decision tree illustrates the logical sequence of decisions.

The two major substantive decisions the Supreme Court has to make are:

1. Whether Congress has the constitutional authority to mandate every legal resident in the United States to have insurance coverage for a specified package of health benefits (hereafter the “mandate”) or whether that is an issue for the states to decide.

2. Whether C

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Tags: Care Reform, Health Care, Health Care Reform, Reform

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