When most people think of debt, they probably conjure up a vision of consumers struggling to make ends meet after making unwise financial decisions. But that actually isn’t the case for most Americans. In fact, like other things, debt in moderation is actually a good thing. [More]
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Consumers No Longer Forking Out For Knives
By 8.2.09
Culturally bankrupt shoppers are now buying twice as many forks as knives, according to a British department store. The Brits blame the erosion of their cherished culture on “the American habit of using a single fork.” And that’s not all. Apparently we’re also ruining their understanding and respect for the elegant tradition of proper place settings.
New Spy Law Will Provide Immunity To Wiretapping Telcos
By 6.20.08
Update: Voted! Passed 293-129.
Today the House votes on a new compromise FISA Bill that will make the NSA’s formerly questionable activities—like spying on Americans—legal, and will grant conditional immunity upon the telephone companies that aided the NSA in spying on their customers. It’s “conditional” because there will still be a court review, but nobody seems to be taking the court review seriously: Senator Russ Feingold, D-WI, calls it a “capitulation” in the ongoing fight over holding the telcos responsible, and Rep. Roy Blunt, R-MO, says the review will be a “formality.” Looks like you’re about to get off free, Verizon and AT&T!
