Archive for May, 2009
« Previous EntriesAt Food Lion, "Value Pricing" Means Extra Confusion! [Confusing]
Food Lion can’t decide how much this boneless New York strip steak costs or weighs. It could weigh .47 pounds at $9.49 per pound, or it could be 1.06 pounds of value priced meat at $6.64 per pound. Reader Mike isn’t sure what’s really going on here, but he’s hungry and confused and wants his [...]
Debt Collectors Will Stop Calling If You Sue Them [Lawsuits]
“Litigant Alert” from WebRecon promises to help debt collection companies ferret out “overly-litigious debtors” with “a history of suing collection agencies.” It’s basically a Do Not Call list of troublemakers who had the nerve to fight aggressive collection practices with the law. Debt collectors are apparently willing to pay $1,595 to figure out who they [...]
Time Warner’s Revised Subscriber Agreement Allows For Consumption Based Billing [Legalese]
Time Warner has revised their Subscriber Agreement to lay the legal foundation needed to implement consumption based billing, including usage caps, tiered rate plans, overlimit fees, and speed throttling. Though Time Warner’s metered broadband plans lie in shambles after a barely-averted run in with Congress’ legislative mace, the cable giant clearly has no intention of [...]
This Always Makes Me Smile…..Have a Nice Weekend.
Consumer Reports picks top 529 plans. If … [529 Plans]
Consumer Reports picks top 529 plans. If you have a little spare cash to squirrel away for college, you’ve probably given some thought to those state-sponsored, tax-advantaged 529 plans. But with over 50 to choose from, where do you start? How about right here, with some tips from the Consumer Reports Money Lab. The blue-coated [...]
"Geithner To Urge China to Boost Demand."
From Bloomberg News;
Treasury Secretary Timothy Geithner will urge China to boost domestic demand and loosen controls on the yuan in his first trip to the nation since taking office, while readying a defense on queries about sinking U.S. bonds.
Why Is This Store Scanning My Driver’s License? [Returns And Exchanges]
Ed went to return a pair of shoes to Finish Line because they were the wrong size. As part of the exchange, the sales associate took Ed’s driver’s license and scanned it, and he wondered why.
See What Happens if You Don’t Modify a Delinquent Mortgage!
Forget about paying servicers $1,000 bucks to modify a loan and then $1,000 a year for three years if the loan stays current! How about if you don’t modify a delinquent mortgage you can get “DRAGGED TO HELL! I couldn’t wait till this movie came out BEFORE knowing that it starts with a loan officer [...]
Morning Deals [Sales]
The Fed’s Quantitative Easing Strategy – Part II
Ten-Year Treasury note up to 3.64% as Fed buying can’t keep up with Treasury selling.
NOBODY but the Fed is buying Agency Mortgage Backed Securities at the insanely tight spreads to Treasury (and the Fed is the one who tightened these spreads to the point where nobody else wants to buy them). However, with rates going UP [...]