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Tag Archives: Government Policy

Wrapping Your Head Around 12 Zeroes

August 14, 2009 – 3:08 pm

Suffice to say, a trillion of anything is a lot. Since most people we’ve talked to aren’t entirely clear on how big it really is, for visual learners (like myself) we put together these graphics to illustrate the enormity of a trillion dollars.
Want more visualizations? MightyBargainHunters.com has even more ways to wrap your head around [...]

Posted in Economy, Education, Financial Illiteracy, Government Policy | Also tagged , , , | Comments (0)

More Penalties for Young, Responsible Borrowers

June 22, 2009 – 11:31 am

We’ve covered before how new credit laws mean tighter restrictions regarding who qualifies for a credit card, and how people with sterling credit scores could face higher fees under the new regulations. As it turns out, there’s another wrinkle in the law books that gives young people a truly bum deal.
Under the new law, if [...]

Posted in Credit, Economy, Education, Financial Illiteracy, Personal Finance, Students | Also tagged , , , | Comments (1)

Dodd Credit Card Reform Bill Close To Passage

May 12, 2009 – 4:43 pm

A credit card can be a convenient way to manage your expenses, or an expensive way to rack up debt and exorbitant fees. If the U.S. Senate passes the credit card reform bill it’s considering this week, that could change. The bill would overhaul a lot of the regulations governing credit card agreements, and has [...]

Posted in Credit, Featured Posts, Government Policy, Legislation | Also tagged , , , , , | Comments (2)

What Exactly Is a Counterparty Payment, Anyway?

March 24, 2009 – 3:53 pm

Much of the media attention on Capitol Hill over the past two weeks has focused on the $165 million in bonuses paid to AIG employees, but many have begun to point the finger at what they say is the “real outrage,” so-called “counterparty payments” from AIG to other financial institutions.   The counterparty question has gained [...]

Posted in Economy, Featured Posts, Government Policy | Also tagged , | Comments (2)