According to a recent report from the Federal Reserve, revolving credit rose in March for just the second time in 31 months. After leveling off mid-year in 2010, revolving debt once again ticked up in December 2010.
Difficult to tell why consumers are once again adding to their revolving debt balances, but one possibility is that consumers are starting to feel much better about the economy in general.
Tags: March, March 2011
Your editor spent much of Tuesday trying to work out whether the Osama Bin Laden chase had been justified by his killing. And we came up empty. Here is what we wrote at the time:
‘We want to know whether finding Osama Bin Laden was a profitable endeavour. And before you start running around in circles, bouncing off walls and screaming “I knew those Daily Reckoners were heartless slobs who cared for nothing but profit,” consider that we use nothing but the government’s own metrics. We use their valuation of a human life: “The Environmental Protection Agency set the value of a life at $9.1 million last year.” (NY Times)
‘Just to push the point that Government policy defeats itself at its own game, here is our latest tallying of the figures:’
We then proceeded to work on all sorts of cost-benefit analyses, profit calculations and the like.
Tags: Osama, Osama Stop
Didn’t feel that locating low cost car insurance was possible? If so you may be thinking that you are already paying the lowest car insurance rates possible. There are many ways to lower your car insurance premiums. Here are several tips to help you in getting the cheapest auto insurance.
Student Discounts: If youre presently a student and you have a record of obtaining good grades in high school or college one can genuinely take benefit of doing so. Car insurance coverage companies glimpse into students which have superb grades as there is a correlation between those who are studious and superb drivers. The calculated risk is reduced for those who study hard and insurers look on it favorably.
Distance from your work can also influence the car insurance charges. C
Tags: Car Insurance, Car Insurance Rates, Insurance Rates, Rates