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Posts under ‘Debt’

Fake Coup, One Way to Solve the US Debt

From The Onion: Pretty funny. Or is it?

Credit Card Bill of Rights

Both the US House and the US Senate passed a bill to restrict credit card practices and eliminate sudden increases in interest rates and late fees.  Here are some of the major provisions of the bill and how it will affect you (via boston.com): Creditors cannot increase the annual percentage rate (APR) during the first [...]

Magical Piggy Bank Picture Contest

I saw this quote from Alan Greenspan and it made me smirk: Don’t use Fed as a ‘magical piggy bank’ He’s referring to the recent Federal spending splurge, bailouts, tax payer refunds, the housing bill… the list goes on. That giant sucking sound Ross Perot used to talk about is actually a giant crane sound [...]