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Category Archives: Economics
Cruel Jokes, and No One Is Laughing
Gretchen Morgenson writes: WHAT do banks call it when a troubled borrower abandons her home, sending them the keys? “Jingle mail.” And what do they call it when an irate borrower abandons his home, yanking electrical outlets from walls, leaving … Continue reading
Posted in Economics
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Moral hazards in Bush bailout
Why should I, a struggling blogger, bail out rich people with mortgages? I know the government isn’t kicking in money, but it is interfering with the free market and the inefficient allocation that results from that hurts all of us. … Continue reading
Posted in Economics
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Best Creditors
Calvin Brown, CEO of CreditRestoreInc, writes: CITIBANK AND ALL ITS AFFILIATES LIKE CITI FINANCIAL/ They easily forgive late payments and encourage good credit scores by their very helpful attitudes toward their clients. Getting credit limits increased is an easy process … Continue reading
Posted in Economics
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Top Ten Creditors To Avoid And Why
Calvin Brown, CEO of CreditRestoreInc, writes: BANK OF AMERICA BOA is the original creator of the Visa and the first commercial national bank. They give credit cards to illegal aliens who have no Social Security card. They make more mistakes … Continue reading
Posted in Economics
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Six Easy Ways To Make $100
The MyMoneyBlog is my favorite personal finance blog. Here’s a popular entry: 1) Earn interest on your idle cash. Open up a high-yield savings account that links up directly with your existing checking account and pumps up that piddly interest … Continue reading