Saturday, December 31, 2005

reflect on this

I'm taking my country back

here's the song

Thursday, December 29, 2005

Just how great is the economy

EPI was established in 1986 to broaden the discussion about economic policy to include the interests of low- and middle-income workers. Today, with global competition expanding, wage inequality rising, and the methods and nature of work changing in fundamental ways, it is as crucial as ever that people who work for a living have a voice in the economic debate

Tuesday, December 27, 2005

Minimum credit card payments to double

I'm not sure what I think about this yet. So tell me your thoughts: Credit card companies, starting next month, will double their minimum payments. Ultimately it will be a help to the consumer because they will be paying less interest in the long run and pay off debt sooner. But in the short term consumers will have to pinch their pennies to make new higher payments.
So if you're "budgeting" around those payments you could be in for a rough ride. Especially if you hit Christmas hard or if you're maxed out. But sometimes medicine tastes terrible. What I mean is this: If you currently pay min on 10,000 it'll take about 20 years to pay off. Now it'll be 10. When it comes down to it you shouldn't be paying the minimums.
the one problem I have is that we, my lovely wife and I, didn't receive any notice that we can think of from the credit companies. And I'm not sure how this will play on top of the new bankruptcy laws.