Archive for June, 2013


No Credit? No Problem, Say Many Americans

In a world that seemingly runs on credit, more Americans, particularly recent college graduates, are skipping credit cards for the plastic equivalent of cash: the debit card. The shift, driven partly by choice and partly by economic and financial conditions, raises concerns that these creditless groups may be locked out of key areas of this […]

Read More...

New Voice, New Community for Expats Abroad

More and more Americans are choosing to live abroad for financial, political and lifestyle reasons. So the expatriate community continues to expand, supported by a range of publications, online resources and advisers. Now, a new online radio station aims to connect this far-flung community and [provide the answers they need to questions about finance, personal […]

Read More...

Landlord-Tenant Lawsuits Clog the Courts

You’d think it would be simple. Landlord meets tenant, tenant checks out, a rental agreement is signed: a match made in heaven. But judging from the number of landlord-tenant disputes reaching the courts, the relationship can also go sour. And because investors making money from rental real estate so often become the targets of lawsuits […]

Read More...

IRAs: Not Just For Retirement Anymore

It’s no secret that many Americans haven’t saved enough for retirement. And many who have created Individual Retirement Accounts are now using those accounts for purposes other than retirement living. While some soon to be retirees are tapping into their IRAs to cover unexpected expenditures, a growing number are using those funds to secure their […]

Read More...

Consumers Beware of Mandatory Arbitration!

Once upon a time, our system of American justice required a fair, impartial process before one could be convicted of a crime. It wasn’t (isn’t) perfect but at least it made an honest effort (most of the time) to carry out the mandates of the US Constitution. But now consumers have to worry that their […]

Read More...

The Making of a Bubble: Cycles of Boom and Bust

Worries of yet another “bubble” about to burst appear in financial news on a regular basis. After the term went mainstream a few years ago in connection with the rum-up to the historic housing crash, it continues to float up whenever there’s a surge of activity in one sector or another. Amid talk of a […]

Read More...

Founding Documents – Back to the Basics

America is sort of important to us – that’s why we put the word right in the title of our organization. One problem with the nation today is that sometimes we forget that America was built upon a small set of founding documents that laid out how the power in society should be divided. That’s […]

Read More...

New Employment Upswing Misses the Millennials

The statistics are encouraging: 175,000 new jobs added to the economy in May 2013. And, as this graduation season rolls on, that should be good news for the thousands of newly degreed individuals ready to hit the workforce. But, say some economists, the picture may not be so rosy. Fierce competition for those jobs plus […]

Read More...

Sallie Mae Splits for More of the Student Loan Market

Sallie Mae's splitting. In a move reminiscent of the evolution of federal mortgage entities Fannie Mae and Freddie Mac, the venerable student loan company SLM Corp is now taking aim at the lucrative private loan market. It's a move that echoes the mortgage lending spree that fueled the 2008 housing collapse and bolsters the concerns […]

Read More...

Reverse Mortgages: Feeding the Foreclosure Market?

Although “reverse” mortgages make up a relatively small part of the mortgage market, they default at a rate much higher than that of regular mortgages. Because these loans are typically marketed to retirees and older homeowners, loopholes in the loan structure are sending more homes into foreclosure – and changing the dynamics of the housing […]

Read More...