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

Disciplined Customers Bad for Banks

If you have a disciplined financial life, you don’t bounce checks or overdraw your account at the ATM. Sadly, banks don’t like you. You may find yourself hit with account maintenance fees or fired as a customer altogether. 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

Auto Repair and Plumbing Should be College Majors

Colleges and universities sustain themselves by convincing parents, guidance counselors, and President Obama that a four-year college degree should be the goal of every student. One recent consequence is a complete government takeover of the student loan program. A longer term and persistent result is that we have more students going to college but not graduating.   Read more

Chaos in Greece – Could this Be Us?

The protests in Greece should not be ignored. This is not a Third World country experiencing another uprising. The protests are more about the past mistakes of government than about current spending cuts. The protesters are upset that those in government who made the poor decisions are not being asked to share in the consequences.  Could this happen to us? Read more

« Previous Page — Next Page »