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Debt

"Student Loan Sinkhole?" Garners Huge Response

Joel B. Schwartzberg | Posted 07.23.2009 | Media

Read More: Pbs, College Loans and Debt, Debt, Debt Collectors, Bankruptcy, Eviction, Now, Student Loans, Now on PBS, Sexual Assault, Media News
Joel B. Schwartzberg

What would you do if -- as a college-educated young mother -- you lost your job, had debt collectors calling you incessantly, and were just evicted from your home?

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Christian Lacroix: 'I Am Too Angry To Cry'

Telegraph | Celia Walden | Posted 07.23.2009 | Style

Read More: Debt, Christian Lacroix, Fashion, Style, Style News

"What really hurts," says Christian Lacroix slowly, "is that my name, which I have now lost, is the name of my family. Whoever does take over the busi...

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Politics Like Cancer

Sen. Fritz Hollings | Posted 07.19.2009 | Politics

Read More: Value-Added-Tax, National Debt, Trade Deficit, Robert Gibbs, Job Creation, Debt, Subprime Mortgages, Economy, Credit Cards, Politics News
Sen. Fritz Hollings

Politics is like cancer -- if you don't catch it in time, you don't have a chance. If the budget deficits and deficits in jobs from offshoring are not caught now, by 2012 we'll give it back to the Republicans.

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How To Live On $0 A Day: A Few Telltale Signs You're Going Under

Lesley Stern | Posted 07.19.2009 | Comedy

Read More: Debt, Depression, Warning Signs, Bankruptcy, Humor, Satire, Economy, Budget, Financial Crisis, Living, Going Broke, Recession, Personal Finance, Comedy, Self-Help, Financial Advice, Comedy News
Lesley Stern

Suddenly, spending three hours on the phone with your bank demanding an explanation for a $35.00 late fee is the most profitable way of spending your time.

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Thank You, Bill Maher, For Asking Where in the World is Barack Obama and What is He Going To Do About Healthcare?

Anne Dunev | Posted 07.17.2009 | Politics

Read More: Big Pharma, Debt, Socialized-Medicine, Car Accidents, America, Restless Leg Syndrome, Exposure to Chemicals, Lobbyists, Cheney, President Obama, Donald Rumsfeld, Restless-Leg-Syndrome, Fat, Health Insurance, The Matrix, Dick Cheney, Television, National Debt, Insurance, Vice President Dick Cheney, Washington, Universal Health Care, Cheney Torture, President Bush, Health Care, Pharmaceuticals, Vice President, Michelle Obama, Lindsay Lohan, Bankruptcy, Lobbying, Surgery, Washington DC, The-Matrix, Chemicals, Capitalism, Kodak, Don Rumsfeld, Toxic Chemicals, Dumb as Hell, Pharmaceutical Companies, Bill Maher, Pharmaceutical Industry, Donald Rumsfeld Torture, Health, Caveat Emptor, Prescription Drugs, Doctors, Florida, Prescription Medication, Vice President Cheney, Politics News
Anne Dunev

Most decent people cannot conceive that anyone would profit from knowingly harming others. That is the flaw in capitalism. And that is one reason that evil can exist.

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Don't Expect a Consumer-Led Recovery

Hale "Bonddad" Stewart | Posted 07.17.2009 | Business

Read More: Economy, Debt, Us Consumers, Consumer Spending, US Recession, Recession, Business News
Hale

To what extent can the consumer reasonably be expected to drive the economy going forward? The available evidence indicates the answer is probably "not so much."

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If We Are Recovering, Thank Government, Don't Blame it

Jeff Madrick | Posted 07.15.2009 | Business

Read More: Debt, Recovery, Stimulus, Financial TImes, Recession, Business News
Jeff Madrick

Capitalism, unfettered by proper regulation and limits, did fail. If the economy is reaching bottom, government intervention did indeed save the day.

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Arthur Delaney

Debt Collector Harassment: Coming To A Library Near You (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 07.06.2009 | Business

Read More: Debt, Debt Collectors, Debt Purchasing, Payday Loans, Credit Crisis, Credit Cards, Business News

Since last November, the Tompkins County Public Library in Ithaca, N.Y. has received a "cease and desist" order from an attorney general or a lawyer i...

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Ten Things You Can Make Out of Credit Cards

Anneli Rufus | Posted 07.06.2009 | Living

Read More: Craft, Golf, Credit Cards, Money, Debt, Credit Card Debt, Personal Finance, Living News
Anneli Rufus

Stop using your credit cards. But don't throw them away. Save the actual cards, because they're still useful in so many ways.

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Ignore the Scaremongers - Watch out for the Truly Scary

Ann Pettifor | Posted 07.06.2009 | Business

Read More: Unemployment Numbers, Job Losses, Debt, Bankruptcy, Consumer Debt, Unemployment, Investment, Banker's Recession, Government Spending, Green Shoots, Recession, Ben Bernanke, Credit Crisis, Borrowing, Interest Rates, James Bond Markets, Business News
Ann Pettifor

Economists and their friends in bond markets are scaremongering in the hope of achieving cuts in government programs, rises in unemployment and lower wages. This is lunacy parading as economics.

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10 Lessons to Teach Your Kids About Business

Jim Randel | Posted 07.06.2009 | Business

Read More: Young People, College, Finance, Ecomony, Debt, Business, Business News
Jim Randel

About 5 million young adults are graduating from college this month. This rite of passage is perhaps a parent's last chance to instill important lessons about the business world.

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Introducing PLASTIC: A Series of Blog Posts on the Fifty Year Anniversary of Calling Debt Credit

James Boyce | Posted 07.03.2009 | Business

Read More: History of Credit Cards, Debt, Credit Crisis, Credit Card Debt, Credit Cards, Business News
James Boyce

How did debt become as much a staple of the American family as high school football or Thanksgiving dinner? Is it possible that this single piece of plastic actually molded our culture?

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Five Reasons to Push Your Kids to Get a Credit Card

Jim Randel | Posted 07.02.2009 | Business

Read More: Debt, Congress, Finance, College, Economy, Financial Crisis, Credit Crisis, Credit Cards, Young People, Credit Card Industry, Barack Obama, Business News
Jim Randel

Let's use our energies and experience not to prevent young adults from having access to debt but rather to educate them as to how to use debt responsibly.

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S&P Misses the Boat: UK and US Need More Stimulus, Not Deficit Reduction

Mark Weisbrot | Posted 06.28.2009 | Politics

Read More: Debt, Economic Stimulus Package, UK Stimulus, Economy, Economic Crisis, Fiscal Stimulus, UK Credit Rating, Budget Deficit, Productivity, Financial Crisis, Politics News
Mark Weisbrot

Taxpayers in both countries have been ripped off and should demand that some of this money be clawed back, the debt in both countries is still manageable.

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Fear and Looting in America: Are We Really Out of Money?

Les Leopold | Posted 06.27.2009 | Business

Read More: Tarp, Debt, Bail Out, Economy, Economic Crisis, Financial Crisis, Billionaires, Barack Obama, Business News
Les Leopold

The top 400 billionaires are sitting on a huge pile of money, while our country is going deeply into debt to fix a financial system that has contributed mightily to their enrichment.

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A Fat Guy's Prediction: We Need Leadership or We Will Fall Off the Economic Wagon

Don McNay | Posted 06.19.2009 | Business

Read More: College Students, Spending Habits, Debt, Magic Johnson, Wall Street Bailout, Dieting Tips, Addiction, Weight Loss Tips, Diet, Bailout, Dieting, Cincinnati, McDonald's, Weight Loss, Blood Money, Lexington KY, College Students and Credit Cards, Personal Finance, Payday Lending, Lottery, Lottery Winner, Economic Crisis, Saving Habits, Long Term Economy, Kentucky, Don McNay, Restricted-Calorie-Diet, Credit Card Debt, Credit Cards, Saving Money, Bob Dylan, Sub-Prime Mortgages, Recession, Structured Settlements, Louisville, Credit, Yo Yo Dieting, Tax Refunds, Memphis Blues Again, Tax-Anticipation-Loans, Business News
Don McNay

Unless someone is capable of changing the American psyche, people are going to go back to their old spending habits.

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BingCo. Announces Plan to Pay Back Debt (By Issuing More Debt)

Fortune's Stanley Bing | Posted 06.19.2009 | Business

Read More: Debt, Bing, Wall Street, Goldman Sachs Paying Back TARP, Equity, Bailouts, New York-New York, Business News
<i>Fortune</i>'s Stanley Bing

I plan to sell an undesignated amount of stock in my formerly privately held BingCo., and also plan a note sale to help repay funds I have borrowed from various sources.

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The Trouble With Suze

Anya Kamenetz | Posted 06.17.2009 | Business

Read More: Debt, Suze Orman, Money, Personal Finance, Jim Cramer, Suze Orman New York Times Magazine, Financial Advice, Business News
Anya Kamenetz

Suze Orman is right about one thing: young people shouldn't be learning about personal finance from her.

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Swiped! Did The Credit Card Industry Just Hijack Credit Card Reform Legislation?

Harry Moroz | Posted 06.14.2009 | Business

Read More: Senator Richard Shelby, Senator Chris Dodd, And Disclosure Act, Credit Card Accountability, Victoria McGrane, Carl Hulse, Legislation, House, Compromise, Credit Cardholders' Bill of Rights Act, Debt, Credit Cards, Representative Carolyn Maloney, Senate, Resonsibility, Business News
Harry Moroz

The Credit Card Accountability, Responsibility, and Disclosure Act, though an important milestone in consumer protections, exhibits the signs of the credit card industry's powerful influence.

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The Economic Conversation Enters a New Phase: Putting Consumers Front and Center Now

Simon Rosenberg | Posted 06.14.2009 | Politics

Read More: Debt, Great Recession, Consumer Spending, Spending, Economy, Credit Cards, Credit Card Debt, Politics News
Simon Rosenberg

Do we really want, as a matter of national policy, Americans to spend, to take on more debt?

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Balancing Giving and Receiving

John Morton | Posted 05.23.2009 | Living

Read More: Resources, Debt, Needs, Money, Blessings, Opportunities, Choosing, Infinite Supply, Choice, Happiness, Infinite, John Morton, Receiving, Wealth, Health, Giving, Conditions, Spirituality, Living News
John Morton

Giving and receiving coexist. They're polarities on the same continuum. One requires the other in order for either to occur. Often they occur in cycles.

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A Simple Solution: A National Debt Moratorium

Alex Abella | Posted 05.20.2009 | Business

Read More: Tarp, Mortgage Crisis, Financial Crisis, Government Bailout, National Debt, Debt, Business News
Alex Abella

I propose a national debt moratorium to freeze all payments of debt to financial institutions for a certain period, to allow debt holders to be able to raise a cushion of cash and prepare for future economic turmoil.

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1,500 Farmers in India Commit Suicide: A Wake-Up Call for Humanity

Mallika Chopra | Posted 05.17.2009 | World

Read More: Mass Suicide, India, India Suicide, Debt, India-Farmers-Mass-Suicide, Farmers, India Farming, Suicide, 1500 Farmers, 1,500 Farmers Commit Mass Suicide in India, India Farmers, Indian Farmers, India Suicides, 1500 Farmers India, Farmers in India, 1500 Farmers Commit Suicide, Farmers Suicide, Mass Suicide India, 1500 Indian Farmers Commit Suicide, 1500 Farmers Commit Suicide India, World News
Mallika Chopra

To give a more tangible visualization of that number, that's about four full jumbo jet planes' worth of passengers suddenly committing suicide.

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Brace For Hyper-Inflation

Henry Blodget | Posted 05.16.2009 | Business

Read More: Inflation, Economy, Bernanke, Debt, Bernanke Inflation, Ben Bernanke Federal Reserve, Ben Bernanke, Economic Recovery, Obama Economy, Business News
Henry Blodget

Ben Bernanke assured us that the Fed's money-printing won't eventually lead to inflation because when the economy begins to recover, the Fed will stop printing money. Ben is unlikely to keep this promise.

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By the Numbers

Max Fraad Wolff | Posted 05.15.2009 | Business

Read More: Fdic, Debt, Foreign Debt, Treasury, Tarp, House Financial Services Subcommittee on Consumer Credit, Social Choice, Mortgage Debt, Federal Reserve, Business News
Max Fraad Wolff

We don't have limitless time or money. Consider the numbers. Remember that averages hide our inequalities. Inequality and imbalance are the true root causes of the US and global meltdown.

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