Somehow, our elected officials in Washington have managed to agree on the issue of student loan interest rates. It’s a cause for celebration. Federal student loan rates are set to double soon if new legislation doesn’t get signed. Everyone agrees, and yet they’ve still made it political. In Washington the only currency is political capital. [...]

Either online, in the mail, or direct phone call, almost everyone has at some point seen an ad for timeshares. They usually look like great deals on free or very cheap vacations. The fine print specifies one must attend a sales session. Most of us are aware of timeshares but have heard bits and nuggets [...]

No matter where we have been over time in this recession, there have been people saying this time is different. Everything form the financial crisis to the real estate bubble to blah blah blah. For the most part these are things that I ignore. Every time is different. This time the recession was harder, and [...]

In the blogosphere there are tons of link roundups out there.  But there’s only one that irregularly and is handpicked by me.  Enjoy the best of the web from the last couple of months: Doctors die differently: This was perhaps one of the most thought-provoking articles I’ve read in the last year.  A significant portion [...]

As of this writing we are converging on the 6th year of this housing mess, and for almost 6 years we’ve heard people from the head of the Federal Reserve to real estate experts to Jim Cramer say we’ve reached the bottom of the housing market. For too long self-interested parties have made claims the [...]

That’s what the US Department of Treasury may be telling investors in the near future.  What that effectively means is that the rate the US pays to borrow money would be negative.  Investors would be paying the US for the privilege to lend to them?  How can this happen in a world where our debt [...]

Joanne Muller over at Forbes did some interesting digging on the car buying habits of Americans. Less than 40% of rich people (defined in this case as those making $250k+) actually buy luxury cars. And about 8% of people earning less than six-figures do. Now that doesn’t sound all that crazy but Thomas Stanley extrapolated [...]

You can find a poll to support just about anything. And recent polls support that idea. Another recent poll is showing people are very interested in changing the income tax deduction on mortgage interest and about a quarter of people are okay with eliminating it altogether. Back before the days of the mortgage crisis I [...]