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The Profound Failure of Congress on Cybersecurity (and Why You Should Care)
On August 2, Congress did it again. They acknowledged the looming threat of cyberwarfare while discussing the Cybersecurity Act of 2012, and then they "kicked the can down the road." It's what they do...
The Wisconsin Department of Revenue: A Bargain for the Identity Theft Collective
Scott Walker has earned a national reputation for his hack-and-slash approach to government spending. Working hand-in-glove with both houses of the GOP-controlled legislature, the Wisconsin Governor gutted the collective bargaining rights of public sector...
5 Ways to Become a Credit Adult
Let's word associate: banks, mortgage brokers, credit card companies, credit reporting agencies, debt collectors, payday lenders.... Words like "daunting," "challenging," "black box" and "scary" come to mind. Most consumers I speak to express fear...
Dodd-Frank and CFPB Provide Stimulus to Economy With Milestone
During the endless hearings leading up to the passage of the Dodd-Frank Wall Street Reform Act, which has its two-year anniversary this week, and an even more taxing series of hearings defending its existence,...
What The Dark Knight Rises and the CFPB’s First Anniversary Have in Common
A dark army descends on Gotham. Hungry for power, possessed by delusion, its leaders will stop at nothing in their quest to destroy the work of honest men, intimidate those who fight for good,...
5 Stupid Ways to Ruin Your Credit, Go Broke and Have Your Kid Wind...
Sometimes people are dumb. There's really no way to sugar coat this, and I say this with all humility, as I have done more than my fair share of dumb things. But when I...
The Obamacare Scare: Medical Debt Collectors in Scrubs?
Do you remember where you were last Thursday morning when every network interrupted its regular programming to announce the most anticipated Supreme Court decision since Bush v. Gore? It was not in the same...
The Downgrades: Forget the 1%. It’s the 9%, Stupid!
Well kids, summer is here again -- time for sun, fun and debt downgrades. And in a related downgrade story, according to a recent Harris poll, just nine percent of Americans gave Congress positive...
NOBAR: Could It End the Credit Gap and Get Banks Lending Again?
While a whole lot of folks are obsessed with what to do about, or to, the 1%, I would like focus on an issue involving the 90%. This isn't about the wealth or income...
Hackers: If You Can’t Beat ‘Em, Pay ‘Em Like Bankers
So what's it worth to you to prevent world-wide economic collapse, or even a major interruption of essential services, like power or water?
These are not hypothetical questions. Nor will they be caused by the...