October, 2009

The Origins of the US Dollar

Philosopher Ayn Rand once pointed out that it was Americans who coined the phrase “to make money.” Rather than seeing wealth as something looted or distributed, Rand conceived of it as being earned and produced. In America, the embodiment of financial wealth is the US dollar, also known as ‘the buck’ and ‘the greenback’. It ...

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‘Project Runway’ Season 6, Episode 11 | Judges on Crack?

Heidi says she'd wear that? Image from Flickr. "Project Runway" Season 6, Episode 11 was titled "The Best of the Best," but in my opinion it definitely contained the worst decision the judges have ever made in "Project Runway" history. Althea made a horrible pair of pants, a tank top that looks like something you'd wear ...

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Are Pre-Nuptial Agreements For Everyone?

This is a guest post from Andy Jolls, founder of VideoCreditScore.com. Andy ran the myFICO.com business for a number of years and now educates consumers with free credit videos. You can follow him on Twitter at @vidcredit. My wife and I were married a few years ago. I was working at myFICO at the time ...

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Reader Question: What If My 401k Has Horrible Investment Options?

Here’s another good reader question about crappy 401k plans. Reader Robert saves enough to max out his 401k each year if he wanted to, in addition to maxing out his Roth IRA every year which he already does. However, his 401k plan is filled with expensive actively-managed mutual funds. He ...

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GMAC Asking for a Third Bailout From Taxpayers

Through today, GMAC has received government bailout funds totaling $12.5 billion. The company is asking the Obama administration for $5.6 billion more. One might say that in a true democracy, GMAC would need to ask permission from each taxpayer whose funds would go towards shoring up the company’s balance sheet, a move that would make ...

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