Recent Articles

    By Ira Teinowitz

    | 1:39 PM 9/28/2010
    If your family's income has been decreasing, it appears you are far from alone. The Census Bureau said today that the median income for American families dropped 2.9% in 2009, down to $50,221 from $51,726. It's the second year in a row that a drop has been reported, with income down 4% since...

    By Ira Teinowitz

    | 10:09 AM 9/24/2010
    Frightening investors with a tale of government seizing gold bullion - which last happened in 1933. Salesmen suggesting the only "safe" gold investments are coins and commemoratives. A doctor telling of buying $160,000 in gold coins and six months later learning they were worth $80,000 less than...

    By Ira Teinowitz

    | 4:00 PM 9/22/2010
    Two of more than 1,500 consumers sickened by salmonella contamination that prompted the recall of 500 million eggs told a Congressional committee their horror stories today as officials of two egg companies apologized to legislators skeptical they had really reformed. "What we learned about the...

    By Ira Teinowitz

    | 9:00 AM 9/22/2010
    Good or bad, some of the first fruits of healthcare reform arrive on September 23. For many families, the immediate results could be more freedom to pick doctors, lower costs for immunizations and other preventative services, and an easier time insuring their children. While the full healthcare...

    By Ira Teinowitz

    | 5:30 PM 9/21/2010
    The seemingly impossible is happening in health care. A cost is going down, not up. The government today announced that lucky beneficiaries of the decline are Medicare recipients who take additional coverage from private insurers. The cost for that coverage will decline 1% in 2011. Even better,...

    By Ira Teinowitz

    | 10:00 AM 9/21/2010
    The TV ads for gold seem everywhere on cable and radio conservative talk shows. Some feature Glenn Beck. Gold, they suggest, is a hedge for the country's economic woes. Now Congress is about to take a look at complaints that gold coins and commemoratives are dubious as investments and that the...

    By Ira Teinowitz

    | 10:00 AM 9/17/2010
    Months after Johnson & Johnson's April recall of 135 million bottles of infant and children's medicines, a congressman today is asking if the company knew about problems earlier and tried to avoid public disclosure by discussing a "phantom recall" of some of the same over-the-counter...

    By Ira Teinowitz

    | 11:00 AM 9/16/2010
    Evidence of hundreds of positive tests for Salmonella contamination in the past two years at the egg-producing facilities in Iowa that had to recall some 500 million eggs have congressional leaders questioning this "disturbing" revelation. More than 1,500 people were sickened in a Salmonella...

    By Ira Teinowitz

    | 5:30 PM 9/13/2010
    A new survey today is suggesting that some food safety problems that led to recalls of more than 5 million eggs and numerous other products could be because government scientists felt pressure from political and business to "go along." The survey was conducted starting in March by the Union of...

    By Ira Teinowitz

    | 6:00 PM 9/8/2010
    Consumer groups are citing the 500 million eggs recalled and other recalls in calling today for the U.S. Senate to quit dilly-dallying on improving the country's food safety and make a vote on legislation to raise standards its first priority when it returns to Washington. They are also warning...