From the category archives:

Criticism

Greece Looking To Sell Bonds to US Investors – Are You Kidding?

The Greek economy appears to be very much the welfare state to me. I don’t see innovation and exports coming out of Greece, but I see a lot of public union strikes over their insistence that excessive pay, pensions and subsidies continue as if they live in a complete vacuum.
Since Europeans have lost their appetite [...]

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How Stupid (Or Lazy) Do They Think I Am?

This month, my Comcast bill came in $10 higher than my previously negotiated 44% Discount. If you followed that ordeal, I posted (copy/paste) an entire online chat session with a Comcast rep on how I saved 44% on my Comcast bill by threatening to leave for Verizon FIOS. Well, this month for some reason, the [...]

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Did Your Raise Suck This Year? Mine Kinda Did.

In the midst of a very rough economic environment, the same message is being echoed by millions of employees regarding low or nonexistent raises for the year. According to the Conference Board, the average raise in 2010 will be 2.8%, which is the lowest in 25 years. In my case, my annual raise was lower [...]

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The Crap We Buy Our Kids Equates to $100,000 at 21 Years Old

photo credit: Kate Penn | Bay City Times
A buddy of mine mentioned an interview he saw with the author of a new book The Story of Stuff: How Our Obsession with Stuff Is Trashing the Planet, Our Communities, and Our Health-and a Vision for Change. The premise is that Americans spend way more time and [...]

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The SEC Likes Porn in the Office – Share Your Ridiculous Work Stories

Why doesn’t it surprise me that the SEC ignored Bernie Madoff? They were too busy looking at PORN!?! According to this outrageous report, the practice is pretty pervasive at the Securities and Exchange Commission – and the consequences aren’t always very stern.
This reminds me of some stories I’d heard about employees engaged in rather outrageous [...]

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Doing a Tax Refund Loan? Ask Yourself This 1 Question

Have you or would you ever take out a Payday Loan?
You know, those loans that charge exorbitant interest rates to desperate people that can’t wait for their next “payday” so they need the loan today?
If you answer no, then Why On Earth would you fall for a Tax Refund Loans or “Refund Anticipation Loan“? Perhaps [...]

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What’s wrong With THIS Health Care Reform

With a major hurdle cleared this weekend in the Health Care Reform efforts, much attention has been focused on how it’s “historic” and how many people are now going to have healthcare and somehow topics of abortion and and other seemingly tangential issues became deciding factors in who would vote for it. There has been [...]

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Beware Default from These 6 Doomed States (Yes, US States)

Fortune ran an insightful article on 6 states that are in dire straights given their unsustainable debt load and dim prospects for recovery. Based on several key metrics, it would be wise to avoid buying municipal bonds or muni bond ETFs that carry a high portion of debt from the states outlined below:

California
Arizona
Michigan
Nevada
Florida
Illinois

It’s really disturbing [...]

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$3,000 Cash for Caulkers Details Revealed

Cash for Caulkers has been rumored to be coming for some time now, but this week, the administration finally unveiled more details on the rebate plan meant to further stimulate the economy. Following the much maligned and fraud-ridden new home buyer tax credits, cash for clunkers and the impending cash for appliances programs, the administration [...]

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