The LinkedIn story is viral, but you may not have seen it. It was uncovered by an avid LinkedIn user. LinkedIn was hijacking user photos and reputations to advertise third-party products. It's a default option hidden under settings. Users could uncheck the box if they knew where to find it - and what it meant. Here are a number of key points from a much longer post by Ungar Cover. Surely you've … [Read more...]
Best Lawyer/Insurance Story of the Year, Decade & Century
This true story won First Place in last year's Criminal Lawyers Award contest. Special thanks to Dr. David Goldenberg for sharing it with our readers. This took place in Charlotte, North Carolina. A lawyer purchased a box of 24 very rare and expensive cigars, then insured them against, among other things, fire. Within a month, having smoked his entire stockpile of these great cigars, the … [Read more...]
GED Examination – Mind-boggling Answers – Laugh or Cry
GED Education? Some of these folks may be working for us, following graduation of course! The following questions were included in a prior year's GED examination. These are genuine answers (from 16 year olds) . . . Q. Name the four seasons A. Salt, pepper, mustard and vinegar Q. Explain one of the processes by which water can be made safe to drink. A. Flirtation makes water safe to drink … [Read more...]
Right to be Stupid vs New FSA – Federal Stupidity Agency
Right to be Stupid: It's not the economy, stupid, but ramp up stupid to spur the economy. A guest "anonymous" post from a favorite contributor. I'll give you a hint: He's not a plumber. At first read, I thought this headline was a joke: "Google - a prominent beneficiary of national home loan and foreclosure crisis of the past two years." Every form of media that accepts money in exchange for … [Read more...]
Does Social Networking Give Productive/Creative Loners a Bad Rap?
Does social networking give productive/creative loners a seriously "wrong-headed" economic disadvantage? The term "loner" once suggested the self-confident, silent type who said little but knew more than he/she let on. A person of few words who got the job done. An achiever, a person with a rich, goal-oriented inner life - one that you could trust, a "true" friend who wouldn't blab your secrets. … [Read more...]
Federal Reserve Audit: Why Bernanke held First Fed Press Conference
California could have fallen into the sea, but the stock market would continue to spiral upwards - at least until the powers that be decided otherwise. Why? Because that's what it's been programmed to do. Anyone who thinks the market is being pumped by new money is having an out-of-mind experience. The Federal Reserve - Oracle of Delphi - held its first press conference this week since it was … [Read more...]
How Bad is the Economy? Bought a Toaster & Received a Bank.
THE ECONOMY IS SO BAD THAT. . . I received a pre-declined credit card in the mail. CEO's and Doctors are now playing miniature golf. Exxon-Mobil laid off 25 Congressmen. I bought a toaster oven and my free gift was a bank. Angelina Jolie adopted a child from America. Motel 6 won't leave the light on anymore. A picture is now only worth 200 words. They renamed Wall Street to … [Read more...]
Fed Prints Profits – USG Faces Insolvency – Homeowner Mortgages Under Water
Printing Money to Ease Their Pain. News that the Federal Reserve Bank turned an $82 billion profit by investing money it prints - and then claiming pure profit on such investments - made Wall Street giddy. To be accurate, the Fed doesn't physically print the money. The Federal Reserve Act of 1913 authorizes the Fed to direct the Treasury to print money. The Treasury charges the Fed 2.3 cents … [Read more...]
Credit Report Backstory: Explaining Your Negative Credit Score
How a good financial manager can use your credit history backstory to reverse an initial credit rejection. Interview with credit report expert Joe Stallard. Joe shares a story about a client who lost several rental homes and cars due to a case of mistaken identity - but it's definitely not what you think. Listen and enjoy. "A really good financial manager - whether auto or … [Read more...]
Bankruptcy: Chapter 7 Benefits & Risks – Is Chapter 7 Right for You?
Bankruptcy: Should you file for Chapter 7 (Personal Bankruptcy)? What are the risks and possible consequences? Dr. Joyce Starr. Show Date: February 3, 2001. Many of our readers/listeners asked for more information on Chapter 7 (see our posts below on credit repair + auto refinancing after bankruptcy). I interviewed a number of attorneys, and here's what I learned. The first question you should … [Read more...]