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Entries by Terry Savage from 05/2013

The War Against Savers

| Posted 05.01.2013 | Business

There's no mystery about why the Fed wants to keep interest rates low. Who is the biggest loser when the Fed keeps rates artificially low by purchasing $85 billion of securities with newly-created credit every month? Savers are the big losers in this rigged game.

Gifts Mom Won't Use (I Hope!)

| Posted 05.06.2013 | Women

Quick: Think of two Mother's Day presents that mom would really appreciate, is unlikely to buy for herself and hopefully won't use.

Money Fuels Stocks

| Posted 05.21.2013 | Business

The economic news is mixed, and corporate profits are so-so. Housing is mixed, and so are reports of consumer spending. So why is the stock market soaring to new highs on a regular basis?

Memorial Day: Vets Get Mortgage Deal

| Posted 05.26.2013 | Impact

The Memorial Day holiday is a time to remember and thank our currently serving military and those who served their country in the past. It's also a time to remember that veterans get a very special deal on mortgages through the VA loan program.