October, 2009
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 ...
Former Celtic star Antoine Walker Broke!
More Money, More Problems
Antoine Walker playing with Miami Heat in 2008 (Photo via Wikimedia.org)
No matter how far you go or how much quick cash you have access to, the importance of the responsible use of money remains the same. The more money you make doesn’t necessarily mean you’re the next Bill Gates. As a ...
How to Get Your Free Credit Report Online: A Step-by-Step Guide
This article is by GRS staff writer Adam Baker. Baker is a big, fat hypocrite.
The statistics on credit reports errors are staggering. A 2004 U.S. PIRG survey showed that 79% of credit reports contained either serious errors or other mistakes of some kind. 79%? Seriously? How can that be?
I guess it doesn’t help that ...
Imagery in Currency
For as long as I can remember, I’ve heard conspiracy theories about the hidden symbols and their meanings in our currency. Outlandish as some of the claims may seem, scholars and skeptical observers alike have taken these claims seriously, and have studied money with an eye toward what these symbols might be trying to tell ...
7-Step Financial Recovery Plan
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The stock market crash leading to the recession at the end of 2008 caught many by surprise. If you’re among those whose savings and investments were ravaged by the economic downturn, don’t despair. To lose your assets in such a manner is a traumatic experience, to be sure, but you can bounce back. The first ...