The Emerging Age of More Cautious Living

Most people have witnessed financial institutions making serious mistakes with their money.   Thus it is that the sensible person takes a hard look at all issues financial and adjusts spending, saving and transaction behaviours.  That this is not easily accomplished is also evident.

With new technologies it seems easier for scammers to make enormous amounts of money which they then hide:

http://www.nytimes.com/2010/08/22/business/22digi.html?th&emc=th

People gradually are becoming more cautious with their hard earned savings:

http://www.nytimes.com/2010/08/22/business/22invest.html?_r=1&th&emc=th

http://www.bloomberg.com/news/2010-07-18/economy-sets-democrats-for-autumn-of-discontent-commentary-by-albert-hunt.html

But, have the bankers learned anything?

http://www.guardian.co.uk/business/2010/jul/23/banks-bonuses-boom

The IMF is doubtful:

http://www.guardian.co.uk/commentisfree/2010/apr/21/imf-levy-bank-fat-tax

Should you be more cautious and cynical about what goes on in the housing sector.  Will the banks reform or is more needed?

http://www.housepricecrash.co.uk/

You would be foolish to be optimistic about self regulation and a change in personality of banking, especially US banking institutions:

http://www.coutts.com/news-and-insights/market-perspective/monthly-investment-strategy-update/2010/august/

People realize that the environment is precious and that they need to be more aware of the poor governance of our larger institutions and pick them up on the poor citizenry:

The BP Cover-Up
http://motherjones.com/print/71351

(via Instapaper)

Will ye no think kindly on those who would be your friends!  May the sun shine with your thoughts, today, and happiness grow in your heart! May you allow yourself some peace of mind.