What would it be like to "recalculate" what you're owed, cutting that amount by half?
We have been repeatedly warned that the dollar could lose its status as the world's reserve currency in the event of default. While this is a dubious claim (will countries rush to the euro?), it would actually be good news if it were true.
The economy doesn't actually have needs, desires or preferences - we do. If our elected representatives, now working on the economy's behalf, want to screw us, we at least deserve dinner first. Something a little nicer than you can purchase with food stamps.
By making some reasonable demands of the Obama administration, Republicans in Congress could turn a likely defeat into a very real victory for themselves in the country.
Should students be borrowing more, not less? It's a relevant question for minorities in particular, since they are hit harder by crushing loans. Students of color are more likely to take on more student loan debt and graduate with more debt as well.
Investors are expecting an eventual reduction of support by the Fed, and Merkel winning the election this weekend. However, what stock markets have not priced in is the resurgence of Eurozone troubles into the headlines. So what are the options, why is this important and how will this effect markets?
Lawmakers shouldn't fool themselves: Simply putting bondholders at the front of the queue won't avert financial chaos or soothe creditors.
Remember, most of us don't need to delegate our finances to a financial advisor. With just a few hours of work, we can save hundreds of thousands of dollars over our lifetimes.
The Congressional Budget Office's new long-term budget projections show that putting the budget on a sustainable long-term course remains challenging but is significantly more manageable than in previous projections.
What will $500 million buy you, in terms of orders of some great Chicago foods?
Even if it bankrupts America and brings about a total and complete collapse of our economy, our society and our way of life, we need to focus all possible U.S. resources on the "Crisis in Syria."
You want to know what's actually well-established in American fiscal policy? It's a budget process where both sides lay out their visions in terms of future receipts and outlays, hammer out a compromise in conference, and pass a budget.
The markets obviously would have momentarily enjoyed a "no" vote on Obama's Syria proposal almost as much as the Tea Party -- but now "no vote" may be more likely. What's a Tea Party to do?
The only way to combat denial is with knowledge. Getting all of your information out in the open will force you to face the truth, which means you will have to make the changes necessary to improve.
We need to start at the beginning. Support our children. Educate all children. Rework the justice system. Help those who make small mistakes to atone for them and reintegrate successfully into society, rather than losing them into the system.
A great number of Americans are redefining the American Dream. That was the takeaway from a recent Credit.com poll, which showed that nearly one in four people between the ages of 18 and 24 defined the American Dream as being debt-free. Shockingly, that's more than those who dream of owning a home.