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Lies, Damned Lies, Statistics and Paul Ryan
Lies, as Mark Twain famously observed, come in three flavors. If he were around today, Paul Ryan would have inspired him to create a fourth category.
Everyone knows Paul Ryan is a liar. He's the...
What Mitt Romney and Liar Loans Have in Common (Be Very Afraid)
As I watched Governor Romney in the Presidential debate Wednesday night I was reminded of a financial tactic the candidate's political supporters and financial backers on Wall Street used during the mortgage boom--the one...
Banks Still Raking In the Profits from Overdraft Fees
If you’ve ever witnessed a great white shark attack, you know the meaning of the word “relentless.” The giant creature’s dorsal fin traces a circle in the water as it spots a vulnerable victim;...
5 Ways President Romney Would Screw the 47 Percent
Mitt Romney's now-infamous statement, "My job is not to worry about those people," pretty much sums up the Republican nominee's true feelings about who he represents. And if you're in serious debt, it looks...
The Alarming Ties Between Debt Collectors and District Attorneys
Of all the debt collection scams, the ones that inspire the greatest panic come over the phone. A menacing, often almost incomprehensible voice, claiming to represent a creditor, demands immediate payment of a supposed...
94 Million Exposed: The Government’s Epic Fail on Privacy
When you hear a number like "94 million" in the news, it's usually because somebody won the lottery. This time around, no such luck. This 94 million is the number of Americans' files in...
The Great iPhone ID Caper: What Really Happened?
If you're someone who cares about your privacy, these are indeed strange times. When everything from your iPhone to your iPad (and every derivation in between) is secretly tracking your every move from behind...
The Most Outrageous Tax of the Year
It just may become the latest outrage during a year of outrages. At the precise moment when the federal government finally delivers a modicum of justice and some economic relief to millions of homeowners...
Hail to the Thief: Clinton Speech B-Roll Opens Door to ID Theft
Was it excessive exuberance? Was it judgmental deficiency? Was it the thrill of hearing a barnburner by the President of the World? Well, whatever it was, it was a dangerous mistake.
Wednesday night at the...
What’s in Your Wallet? Hopefully Your Share of the National Mortgage Settlement
Hell has frozen over! After years of lawsuits and investigations by federal and state law enforcement agencies -- not to mention some hard-ass negotiations by the U.S. Department of Justice and 49 state Attorneys...