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BBB Tip: Top 5 Coastal Bend-Area Scams of 2022

In 2022, Coastal Bend-area consumers and businesses reported multiple scams to BBB, totaling $30,000 lost for the year. Across Texas, BBB received an average of 250 scam reports per month totaling $1.9 million lost for the year. While the tactics of scammers often shift to take advantage of marketplace trends, online shopping, employment and phishing…

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Recession

Once again, the Federal Open Market Committee (FOMC) commonly called “The Fed,” is turning the mild recession during the first two quarters of 2022 into a deep two-year recession by raising interest rates too high and keeping them high for too long to control inflation. The Fed’s track record is deplorable. In the last 60…

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Long Term Effect of the Russia-Ukraine War

Sometimes in human history, wars between two countries have caused permanent, dramatic changes in the beliefs and attitudes of the world’s people. I believe the Russia-Ukraine war is one. It has caused world fossil fuel prices for oil to rise from about $60 per barrel to $100 plus per barrel. World natural gas prices went…

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The Month Of June Is Alzheimer’s And Brain Awareness Month

This year, the month of June has been designated as Alzheimer’s & Brain Awareness Month. When people think of being healthy, generally we think of our external physical health. However, officials with the Alzheimer’s Association want to remind everyone that mental health is just as important. Alzheimer’s & Brain Awareness Month began as a way…

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National Donate Life Month

April is National Donate Life Month. This month is dedicated to educating and encouraging Americans to register as donors of organs, tissue, marrow, and blood. Donating is a generous act that saves thousands of lives annually. Transplanting organs and tissue is one of the greatest and most successful medical procedures in the history of medicine.…

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Biden’s Ban on fossil Fuels

President Biden and the Democrats still want to ban fossil fuels in 10 years. That is economically and technically not feasible. If adopted, that would be catastrophic for our US economy. It will turn our economy back two hundred years to 1822 and destroy the 18-fold gain in prosperity, wealth and well-being gained over two…

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Human Trafficking Awareness

The month of January serves as Human Trafficking Awareness Month. Governor Abbott has proclaimed January 2021 as Human Trafficking Prevention Month. During this month, advocates, organizations, and individuals unite to raise awareness about this very important issue. According to the Department of Homeland Security, human trafficking is “modern-day slavery and involves the use of force,…

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BBB Scam Alert: Fake friends on Facebook

How con artists disguise themselves as trusted sources People connected to the internet use it for a wide range of purposes, often to catch up with friends on social media or randomly surf the web. Unfortunately, your social media friend may not be who they appear to be. Scammers earn victims ‘ trust by taking…

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Texas Power Grid Failure During the February Freeze Crisis

The Wall Street Journal (WSJ) published a series of articles explaining the February partial power grid failure.  When the power demand exceeds power production, the grid frequency drops and puts the grid in danger of collapse.  When that happened, the PUC and ERCOT ordered the grid operators to reduce demand by shutting down power to…

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Stock Trading Apps

In the aftermath of the GameStop stock saga, many would-be investors have turned to mobile stock trading apps to capitalize on market investments. According to MarketWatch, a Dow Jones & Co. investment resource that tracks marketplace trends, February downloads of mobile trading apps, such as Robinhood, E*Trade, and Webull, reached an all-time high with expectations…

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