Finances

Obama’s Debt: Will It Define His Presidency?

President Obama’s campaign was art in motion. He maneuvered, he amazed, he conquered. Among other things, he was able to credibly articulate the idea that American politics could transcend petty partisanship. However, in the dark shadows of political reality, our Commander in Chief had to make some lofty leftward promises and court a myriad of [...]

The Bailout, Explained

CNN Money does an excellent job breaking down complex financial matters. Whether its strategies to retire a millionaire or attempting to explain various tax strategies, they use a combination of basic questions and diverse expert responses to educate the reader.
credit: joewcampbell
The Treasure Department

With all the bailout talk, I learned a little bit about the [...]

Black Professionals Aren’t Recession Proof

by Malcolm G. Turner
Despite being more educated than our peers, well-spoken, non-threatening, generally good Negroes, Black folks tend to take the brunt of the damage during recessions, all the way from the janitors to the managers. The companies that are forced to comply with these equal opportunity standards are presented with the perfect opportunity to [...]

About a Year Ago on YBP: Fixing Black Middle-Class Mobility

It’s eerie when I read articles from back in the day on this blog. About a year ago, I subscribed to the Economist magazine (something I wish I had the time to still read, today) and shared this nugget of information with our readers before the recession was declared and before our economy tanked:
It was [...]

To Black Friday, or Not To Black Friday…

…that is the question.
Personally, I’ve been looking at upgrading my family room television for awhile. While the phrase ‘with the current economy’ is getting used a lot, I may hold off as this year’s prices will probably go the way of gas. Spending reports will probably be lower than expected and major retailers will have [...]

Safety First

In an erratic market it pays to have sound financial products in your portfolio because you can bet that Uncle Sam won’t be passing the collection plate around for little old you or me. As faithful Molifeney.com readers you guys have already been schooled on the Beauty of Bonds as a safe investment. We’ve taking [...]