"Federal employees charged millions of dollars for Internet dating, tailor-made suits, lingerie, lavish dinners and other questionable expenses to their government credit cards over a 15-month period, congressional auditors say." picked by gammerus 2 years ago

Just two generations ago, America was a nation of mostly thrifty people living within their means, even setting money aside for unforeseen expenses.

Today, Americans carry $2.56 trillion in consumer debt, up 22 percent since 2000 alone, according to the Federal Reserve Board. The average household’s credit card debt is $8,565, up almost 15 percent from 2000. picked by BWallaby 1 year ago

Governor Deval Patrick and four other influential Democratic governors pleaded their case yesterday for up to $1 trillion in federal assistance over the next two years, to help alleviate budget cuts, create jobs, and avoid inflicting irreversible damage to schools during a fiscal crisis. picked by muppet 11 months ago

A woman gave birth Wednesday to the first baby conceived in the U.S. by means of frozen sperm and a frozen egg, picked by dork 3 years ago

The International Monetary Fund said Tuesday that financial losses stemming from the U.S. mortgage crisis might approach $1 trillion, citing a "collective failure" to predict the breadth of the crisis. picked by deEPCHill 2 years ago

Oprah's mother received credit from a store and racked up $150,000 in charges. She refused to pay, they sued her to recover the monies owed to them. Oprah's mom contends that if they didn't give her credit, she wouldn't own them so she shouldn't have to pay back a dime. picked by bernardblack 1 year ago

First time home buyers purchasing any kind of home from April 9, 2008 and July 1, 2009 can claim a $7500 tax credit. This is not a tax deduction. The government will send you a check. You have to pay it back starting with your 2010 tax returns. You pay $500/year for 15 years. Again ZERO interest. Great deal if you are thinking of purchasing a home. picked by 2manyusernames 1 year ago

The Paulson Plan is not technically a bailout. The government isn't just giving the banks billions of dollars, they are purchasing loans at pennies on the dollar. The Feds can pump up the economy, increasing the ability of the loans to be repaid and end up with a huge profit. picked by 2manyusernames 1 year ago

If you came in armed with excellent credit and a good payment history to buy your car, you're gonna get a better deal than some deadbeat, right? Wrong. picked by deepcleanfun 2 years ago

A federal judge says the University of California can deny course credit to applicants from Christian high schools whose textbooks declare the Bible infallible and reject evolution. picked by gratheo 1 year ago

If your credit card spending is out of control, you may be tempted to cancel some of your cards so that you can elevate your score. But simply cutting up the card the old-fashioned way, rather than canceling it, may be the better way to go. picked by kissmenow 3 years ago

A man decides to have some fun with the credit card signature machines. He has a lot of laughs - until his joke backfires on him. Now he'll never do it again. picked by 2manyusernames 10 months ago

Banks are failing. Businesses are going bankrupt what is there to do? Become a ruthless business leader yourself in The Economist's Credit Crunch board game. Rules, pdfs for game board, cards, and money at link. picked by 2manyusernames 11 months ago

“The Money Myth Exploded” was one of the first articles of Louis Even, and remains one of the most popular to explain how money is created as a debt by private banks. Also, mentions the basis of the philosophy of Social Credit. picked by TheAnt314 8 months ago