Nine years ago, someone stole your wallet right out of your coat pocket. You never even saw the guy. He used your credit cards to buy $1,300 worth of shoes. Of course you reported the theft as soon as you found out, and the credit card company declared you not responsible for the debt. Lesson learned, end of story. Right?
Today, you have a nice sturdy paycheck and a sound credit rating. In fact, you've got your eye on a gorgeous loft-condo. Suddenly the phone rings ...
That old theft has come back to haunt you. The collection agency says that, with interest, the debt on that $1,300 now comes to more than $10,000. The agency has no record of your fraud report and considers you responsible for the debt. The agent informs you that if you don't pay up -- and soon -- you could risk legal action. And the debt could jeopardize your loan application for that condo.
Surprise: You've just come face to face with zombie debt.
As a single mom, I need to set a pretty sizable chunk of my budget aside to keep my hair, nails, and clothes nice. I also need a good amount of cash for the clubs, and for cigarettes (men love a woman who smokes!). With three kids to dress and feed, this is no easy feat! So you know I got to pinch pennies whenever I can. I'm sure that I'm not alone in this, so I'm sharing my money saving secrets with you!
My syndicated column today delves into the Democrat Party platform and exposes how untold amounts of taxpayer funding would be steered to militant, George Soros-backed left-wing groups. Welcome to Barack Obama’s “Social Investment Fund Network.”
Follow the money.
That goes for both presidential candidates who carry the Soros taint. Ugh.
I have been researching, documenting and studying thousands upon thousands of Obama's campaign donations for the past month. Egregious abuse was immediately evident and I published the results of my ongoing investigation. Each subsequent post built a more damning case against Obama's illegal contribution activity. The media took little notice...''Palestinian'' brothers from the Rafah refugee camp in Gaza who donated $33,000 to Obama's campaign
If the trend continues into September at anything like the same rate of descent, most of the inflationary spike of the past 12 months will miraculously have been sliced away. This is a dramatic reversal, and it is worth trying to work out why it is happening and what it means.
Just possibly, it means that what investors refer to in shorthand as the great "oil up" story has finally revealed itself not as the fundamental reflection of scarce supply that its adherents liked to claim, but as a simple, speculative bubble that was always going to burst
Nearly one in five paternity claims handled by the Child Support Agency end up showing the mother has deliberately or inadvertently misidentified the father, figures show.
Since DNA paternity testing figures began to be collected in 1998-99, 4,854 paternity claims have turned out to be false after DNA testing.
MasterCard Worldwide and EonCap Islamic Bank (a member of Malaysia's Eon Bank Group) have jointly launched what they are billing as the world's first Islamic debit MasterCard—the EonCap Islamic Debit MasterCard.
According to CNN, Exxon Mobil once again reported the largest quarterly profit in U.S. history Thursday, posting net income of $11.68 billion on revenue of $138 billion in the second quarter.
That profit works out to $1,485.55 a second.
Buried in the story we also find that "In addition to making hefty profits, Exxon also had a hefty tax bill. Worldwide, the company paid $10.5 billion in income taxes in the second quarter, $9.5 billion in sales taxes, and over $12 billion in what it called 'other taxes.'"
MP: In other words, Exxon Mobil paid $32.361 billion in taxes in the second quarter, which works out to $4,114 in taxes per second. Another way to look at it - Exxon paid almost $3 in taxes ($32.361 billion) for every $1 in profits ($11.68 billion), see chart above.
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