Foreclosure Investigations = Delaying the Inevitable

You have to be impressed with the ability of the popular media to generate sound and fury over nothing. This time it’s over foreclosure paperwork.

That’s all its about – paperwork. Read more

Is the Credit Junkie Pipeline Fully Primed?

More scary news for our country. It seems that total student load debt in the U.S. now exceeds credit card debt. This is a first ever event. To me, it signifies that whatever credit abuse lessons the parents have learned, their kids are prepared to learn again for themselves. Read more

The Big Debt Downplay

I occasionally listen to the Dave Ramsey show when I am in the car on a weekday. I mostly do it to remind myself that I may know more about personal finance than other people. Those “other people” generally include all callers into the Dave Ramsey show. I don’t listen to the show for the advice.

Read more

The Hurricane that Keeps Spending Our Money

We have another post-Katrina announcement from one of Louisiana’s bevy of incompetent politicians.  The Federal Victim’s Insurance Company (aka FEMA) is dumping another $1.8 billion of taxpayer money into the New Orleans school system. Apparently, in the five years since Hurricane Katrina, school children in New Orleans haven’t become any smarter or less dependent on government support. So another $1.8 billion is supposed to change that. Read more

Drive Thru Americans: Fat and Broke

For some reason this summer I have been paying attention to breakfast traffic at fast food restaurants as I drive to work. What I observe is sad and pathetic. Read more

Lines for iPhones – Really?

People are lined up at Apple stores to buy the latest and greatest iPhone. Really?

Are these gadget addicts unemployed? Calling in sick for a job that ranks below cell phones in importance?

What is going on with out of control consumerism in this country? Will the Apple fanboys and girls walk out of the store taking HD videos of each other while chanting the name of their Great Leader Manipulator, Steve Jobs?

I am eager to learn how much more money AT&T will make selling bandwidth to these data-sucking phones.  Maybe there’s an app for that already.

Personal Finance and the iPhone Affect

How many hours will you waste this year staring at your hand?

That’s the rhetorical question I asked in a comment to this sad admission from a personal finance blogger:  I Want the New iPhone & I Don’t Care What’s In It. It seems that the Latte Factor has now been joined by the iPhone Affect. Read more

NYU Business School Fail

You must watch this video blog post about a recent graduate of NYU’s undergraduate business program. The guy is depressed and collapsing under $275,000 in student loan debt. Read more

Padded Pensions in New York

Do you need another reason not to live in the state of New York? Read on and you will discover one.  Read more

The Gulf Oil Rig Explosion and Your Personal Finances

What has happened from the gulf oil rig explosion and is about to happen to the Louisiana coast is going to cost all of us. It won’t be pretty but even Mr. ToughMoneyLove is disturbed by what is happening there. Read more

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