Financial Reflections

This week’s collection of five financial stories that caught my eye on social news site Afternoon Rally and other spots around the web.

1. Economic Stimulus Scams from LA Times. I love being first.  I wrote about the FTC crackdown on those “get your Obama check” style websites a whole day before the Los Angeles Times.  (I’m sure they’re scared.)  Including a screenshot they ran the next day. You can read more about the FTC crackdown here.
2. Foreclosure scams are also on the rise.  A weak economy, particularly real estate has this on the rise.  MSN Money gives you the low dow.
3. Wall Street Pounded.  CNNMoney is dead-on about this.  I covered the losses of two stocks, GM and Citigroup and how they tell the sad story of this recession.
4. Unemployment.  Ouch.  Highest since 1983.  There will be more websites to track the layoffs and mounting unemployment, I’m sure. The AP handles the bad news:
    
5. Enough bad news. Now for something completely different:  Bad paintings of Barack Obama.

Another tough week.  I hope I can write an article looking back on the tough times in ‘09 and how they all are behind us sometime in early 2010.

Got a great link?  More bad Presidential art? Share it with me in the comments below?