Other People's Money

The increasing and decreasing of excess reserves makes meeting the money supply achievable for the Federal Reserve. These Reserves help control the commercial banks money supply. Consequently Federal Reserves are a liability because, of the claims commercial banks may have against them for funds that are owed. The banks are under the assumption that the funds of an individual receiving a loan approval will not remain in a debtors account. Therefore, bank anticipates the check and debits will be…

receive a medical bill. This is because many of them think that the only money the owe the provider of service is their copayment. They really don’t understand their insurance coverage, especially the elderly. So, I take the time to call the patients insurance and find out what the benefits are and then explain the benefits to him or her, this way he or she could understand why there is an additional payment due to the provider other than the copayment amount. I believe this is an important…

standing stagnant in front of your house? It is time to get rid of it. Well, what are things that strike in your mind? You call up the dragger or the crane to take away the car. Well, hold on to that thought, you can always make sure that you make some money even out of the scrap cars. Does that sound weird? Well, it might, but it is true. There are many companies that especially collect the scarp car from you and pays you off the amount. Therefore, before you give up your car to the junkyard,…

Is Mariah Carey Done? Mariah Carey may be engaged to a billionaire who puts $500,000 18-karat diamonds around her neck, but that doesn't mean she still doesn't want to earn her own way. Sadly, Naughty Gossip has reported that ticket sales for her Las Vegas show are dwindling, and that's not good because they were not moving very fast to being with. Apparently, Carey's show is not as desirable as her competition J.Lo and Brittney Spears. According to the gossip rag, "Britney and J.Lo’s shows…

The National Collegiate Athletic Association (NCAA) breaks sports into two categories: head count sports and equivalency sports. Students who are offered a scholarship to play a head count sport are typically offered a full scholarship which covers their tuition at hat university, while students who play equivalency sports might receive only a partial scholarship which covers a portion of that. At many of the smaller colleges and universities, it is common to find that the majority of the…

that Brazil has in the acronym BRIC. He starts off by making readers aware of why such a reputation for this Hispanic country has spiraled out of control. For instance, Pereira (2013) acknowledges that Brazil has the lowest growth rate out of the other countries, specifically India and China. This could be due to the habit that the country has always had, which is saving much more than spending. Pereira (2013) goes on to mention that the country’s citizens have gotten into severe debt only…

expenses, property damage, lost wages, transportation costs, and other out-of-pocket expenses related to your injury and your recovery. The non-economic damages are impossible to fully compensate because a monetary award can never undo the pain and suffering you experience because of a personal injury. However, you are entitled to recover full compensation for your economic losses in a personal injury claim. The insurance company for the other person understands you are probably suffering a…

its own body, soul and spirit. A psychologist can contribute by educating Christian churches on the large amount of mental health that exists in today's society. They can also influence the church on support groups, or programs, and help to deliver other resources for personal problems such as drug and alcohol addiction, along with school bullying. Since psychology is the scientific study of behavior and thinking of humans and non- humans they study and emphasize how people cope with their own…

Chapter 7 bankruptcy information is good to know, especially if you are considering bankruptcy for your business. Or, if you are planning to file chapter 7, you should understand the basics. Also called straight bankruptcy, chapter 7 is about the liquidation proceeding. It involves the debtor who is expected to turn over all non-exempted properties to the bankruptcy trustee, who will convert them to cash for debt payment to all creditors. After its accomplishment, the debtor receives a notice…

We should support the FASB continually move towards the principle-based accounting. In responding the accounting scandals in 2002, Congress put SOX into law and required all of the public companies have to comply. A set of rules provides a clear way to help the accounting management teams make accounting decisions without any ambiguity. However, the rules can cause unnecessary complexity in a business real world. Normally, companies have to pay big bucks for the compliance, such as pay half…