Home ownership can easily be worse than renting.

It's not only that after adjusting for official inflation, home prices have historically only grown by about one percent per year! (If one adjusts for real inflation, then it is easily worse ( Read more... )

Two centuries ago, farmers made up the majority of workers ( Read more... )

The net lost jobs for April are officially 539,000. They're offset by the 66,000 census workers hired temporarily to take the census, and who will be unhired after the census is done. So you know the real number is still in the 600,000 range. (Over the course of the next year, the Census Bureau will hire some 1.4 million people. Temporarily ( Read more... )

Suppose you're gonna borrow $100,000 over 4 years for college ( Read more... )

So 1 in 10 Americans is on food stamps ( Read more... )

 
I just watched this 3 times in a row and each time it brought a tear to my eye. I was just so moved.

Just goes to show you.

http://www.youtube.com/watch?v=9lp0IWv8QZY

Excellent choice of song, by the way.
 

Suppose you're a bank and you gave someone a $500,000 mortgage for a house ( Read more... )

The Dow Jones Industria Average closed at 6,763. It's now back to 1997 levels. Remember October 2007, when it closed above 14,000?!? The S&P 500 and NASDAQ are at similar lows ( Read more... )

I have a neat idea! Let's all join a special society ( Read more... )

 
China Gets ItCurrently, China pushes almost a third of the world's railway traffic on just 6 percent of the world's railroads ( Read more... )