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remedial finance
Here's A Cartoon Explaining The Types Of Bonds
Slate's "The Big Money" has decided it's time to start educating readers on some core financial principles, and they're starting with the very basics, presented in a "Schoolhouse Rocks!" style. Their first cartoon explains the four types of bonds. Visually, it's a perfect match to the style of the original cartoons, but we hope they work on a catchier jingle for their next installment.
"Musical Numbers: Bonds" [Slate's The Big Money]
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your government
How Can We Save Our Debt-Swamped Government?
The United States is $10.2 trillion in debt. Like countless Americans, our government has spent beyond its means and needs help getting back on its feet. We recently received a panicked email from White House Budget Director Jim Nussle... More »
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GOOD Sheet
Find Out Where Your Money Goes When You Buy Gas
Want to know where your fifties go when you fill up your car with gas? GOOD's latest chart breaks down the assorted costs, and compares them with other places around the globe. You can grab a free printed copy at any Starbucks, or go here to check it out in bright RGB goodness.
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Main Street
What Does The Bailout Mean For You?
So, Congress finally passed the bailout bill. You know about the Treasury's newfound $700 billion, and you've heard about the snipped golden parachutes, but what does the 451-page week-old shotgun savior of a bill actually mean for you? More » -
followups
Aunt Millie's Searing Sword Of Schmutz Is Really Just "Food Grade Oil"
Christina sent us an update on her schmutzy bread loaf. According to Aunt Millie's, the mystery gunk adorning the Seeded Italian Bread is "food grade oil." Mmmmm!
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overdrafts
Bank Of America: Let's Charge Three Overdraft Fees To The Account Flush With Cash!
Bank of America charged Jason three overdraft fees for the hell of it, even though his account balance never approached $0. Jason called the bank for an explanation, and was told that due to some mathematical wormhole controlled exclusively by Bank of America, he now owed $105. Tired of the bank's nonsensical jibber-jabber, Jason printed out his statement and headed to the local branch...
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checking id
Retail Management: "We Have To Check ID Or We Get Screwed By Credit Card Companies"
Scott, a member of management for a retail chain, wants to share the other side of the checking-ID debate:Your website continually runs stories about how merchants aren't allowed to ask for ID during a credit transaction. I work on the management team at a nationwide retailer, and credit card fraud occasionally hits our location. Every so often, we are hit with something called a 'retrieval request' from one of the big 4 credit authorization companies (Discover, AMEX, MC, Visa). This means we have 48 hours to provide a legible signed receipt, and video evidence of my staff checking a photo ID to verify the cardholder.
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