The same banks that abused the public with deceptive credit-card pitches and exploding mortgages are demanding the freedom to do it again. And the Senate—that owned and operated subsidiary of Fat Cat, Inc.—might give it to them. The only—repeat, only—section of the financial reform bill that actually helps consumers is the proposed Consumer Financial Protection [...]
Another Cobra scandal, reported by the Los Angeles Times’ David Lazarus. Stacy Owens, 25, had her Aetna COBRA policy canceled. The company never told her about it. She discovered the cancellation in November, when a bill from one of her doctors wasn’t paid.
Turns out, the premium had gone up in August–but she wasn’t told about [...]
When your paycheck stops, that’s it. You’re done. You’ll have to match your manner of living to the resources you have–this year and for the rest of your life. You’d think that would be obvious, but there are a lot of ostriches around. They don’t want to think about life without a regular paycheck until [...]
I’m on tour to promote my new book, MAKING THE MOST OF YOUR MONEY NOW, and I’m getting the same question everywhere: What do I think about this or that individual stock? I always say, “Beats me.” What’s more, I don’t even care. Friends don’t let friends buy individual stocks.
I’m optimistic about the stock [...]
Don’t expect the the day-care center, otherwise known as the Senate, to speak for all America. It’s structured to speak for the small states, not the big ones where most of the people are. Rural America rules and gets to make the decisions for everyone else.
Just look at the numbers. Nine powerhouse states, such as California, Florida and [...]
