Strategic Defaults – The Difference Between The Rich And “Other People”
Million Dollar Home Owners Falling Off The Cliff “I think you’ll find the only difference between the rich and other people is that the rich have more money” – Mary Colum If the difference between the rich [...]
The Fed’s Contribution To Ponzi Schemes
12% Returns – “Guaranteed” You don’t know whether to laugh or cry every time another Ponzi scheme comes to light. July 28 (Bloomberg) — The U.S. Securities and Exchange Commission said it halted a $50 million Ponzi [...]
Payday Lenders – Predators or Saviors?
Payday Lenders Serve The Financially Inept One of the fastest growing lending businesses in the country has been “payday lending”. Without the hassle of a credit check or application, a payday lender will give an employee a [...]
Financial Sense Eludes Most Americans
Financial Quiz – Which Option Is Better? 1. Spend $2.50 today and receive $92 back over the next four years. 2. Spend 25 cents 10 times over the next four years plus spend $92, at easy payment [...]
