Yesterday we covered Slate’s look at what’s wrong with airline seating–it’s not just overweight people who feel cramped on flights these days. Slate asked its readers to come up with some practical solutions to the problem, and today they printed the top ten suggestions. [More]
Why would you ever take out a loan at 400% interest? Because you’re absolutely desperate, or because you have no idea what 400% interest actually means. Well, many people do it every two weeks. It’s called a payday loan, and Slate has an article discussing the findings of a recent study on these “storefront loan sharks”.
How do you turn the purchase of a purse with a four-figure price tag into a sound financial decision in a recession? That’s the task luxury brand marketers and fashion magazines have right now, and their solution is to spin luxury purchases as an “investment.” But is it a good investment? Not really.
With President Obama and Congress threatening to tag-spank credit card issuers, Slate is left wondering why the government doesn’t just issue its own credit card. Before you scream “SOCIALISM!,” consider the government’s heavy involvement in the banking sector, not just through the recent bailouts, but through long-standing institutions like Fannie and Sallie Mae, and Freddie Mac. Credit-worthy borrowers in Germany, France, and India all have access to low-interest, no-fee credit cards issued by their central banks. Would you ever be interested in an Obama-backed credit card?
Slate’s James Scurlock has some harsh words for Suze Orman. He says she’s a liar who is more interested in shilling cruises and luxury car leases than anything else.
Slate discovered everyone’s favorite ad you ad apply directly to the forehead and uncovered the method, yes there is one, behind the madness! behind the madness! behind the madness!
Did you know the founder of Domino’s Pizza is building a Catholic utopia?