Archive for August, 2009

College Kids Banked on Futures with Debt

Sunday, August 30th, 2009

A while back I wrote about how I feel that college kids are way too saddled with debt from student loans. A recent article by CNN indicates that things are only getting worst as a result of the recession.
http://www.cnn.com/2009/LIVING/personal/08/27/student.loans/index.html
I can’t imagine how so many students were allowed into loans with little to no protection. In [...]

The Death of Capitalism

Saturday, August 29th, 2009

This is a great comic strip by Dilbert.
What happens to the world of Capitalism when we stop trusting deals? ie. no longer honor contracts, because we obviously never trusted each other much in our country. We always required contracts in order to strike deals, otherwise we would take the other party to court. The power [...]

Gas Dandy Reminds me of Oil Changes

Thursday, August 27th, 2009

I went and got my fill up yesterday and I was driving a good 38 miles per gallon according to GasDandy.
With GasDandy they tell me when my oil needs to be changed, I kept track of my last oil change through GasDandy and without even having to keep track of the amount of miles that [...]

Where Junked Cars Will Go, Cash for Clunkers too?

Thursday, August 27th, 2009

http://money.cnn.com/2009/08/26/news/economy/cash_for_clunkers_recycle/index.htm
Here’s an idea of where cars typically go through when they reach that junk yard heaven after they’re through their prime running years. Very interesting that you can typically recycle and reuse everything within the car to create something else.

The Coming of the Next Storm

Tuesday, August 25th, 2009

Definitely a recommended read here is the article:
http://finance.yahoo.com/expert/article/richricher/184720?ref=tranharry.com
To quickly summarize some key points, the author mentions the battle between young and old, and as the old retire more weight is put on the young to support them in their old age.
This isn’t as much an economics thing, such as high unemployment rates amongst the young [...]

We All Became New Owners for Half A Million New Cars

Friday, August 21st, 2009

http://money.cnn.com/galleries/2009/autos/0908/gallery.cash_for_clunker_trade_in/6.html
For one reason or another people will find a reason to complain, and if you go to cars 4 and 5 on the article you will see many excluded from the plan complain.
The best remedy for this was not to implement such a plan which classifies who can participate to begin with. Especially when [...]

The Price of Credit Cards

Thursday, August 20th, 2009

Would you carry a convenience card around if that card was no longer free? I already began canceling cards and cutting cards that I no longer use but the option of carrying an extra card under my name for no annual fee really let’s me keep an extra set of credit handy for emergency needs [...]

Did Obama Call Your Car a Clunker?

Thursday, August 20th, 2009

Is it true? Did he really call your car a clunker?
I’m sure there are millions of cars out there that Obama indirectly called a clunker and there’s nothing you can do about it. Sure while that brand new H2 Hummer is entitled under the Cash for Clunkers program, that old 1996 Mazda 626 with its [...]