Tag Archive | "Politics"

Credit Card Rate Caps ‘Interest’ Obama and Clinton

While both of the Democratic contenders for the November Presidential nomination have a lot of good ideas, here’s one that we, at Debt Hacker, really like: cap usurious interest rates on credit cards.Where the two could not seem to agree on what that cap should be (Clinton proposes the cap at 30% but Obama feels [...] [...more]

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The Subprime Situation is Still Really Bad — No Kidding

On Condé Nast’s Portfolio.com, there is a post telling us something that we, unfortunately, already know: The subprime mortgage situation still sucks. The post points out that while mortgage lender Countrywide shares have gone up recently, that ‘victory’ is relative and hardly an indicator that happy days are here again. The so-called subprime meltdown is [...] [...more]