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Transaction fees are the bread and butter of credit card companies since they are profitable for any account holder that uses their card (even if they pay their balances in full each month). Without...

The Dems had a super majority from the time Franken was seated (first week of July 2009 due to the lengthy recount court battle) until Kennedy died. If my memory is right, that was about a two month...

Why yes, tax rates had everything to do with American economic power in the '50s and '60s and it had nothing to do with any of the following:

- half of Europe was under Soviet control
- all of...

It's funny how you selectively point to GOP opposition while ignoring the opposition from the hard left in this post. The reasonable people on the panel from the left and right supported the plan -...

Overly simplistic and way way off: http://www.reuters.com/article/idUSN1415708320100114 - FY 2010 combined spending for Iraq and Afghanistan operations = $136.8 billion. While significant, that's...

The extension is idiotic, and the rebates or whatever they are calling them these days are equally stupid. I like the deficit commission's idea of lowering rates and gutting the bulk of the...

Reducing the federal workforce through attrition is one of the items in the proposal to be voted on today by the deficit commission created by Obama. That is bipartisan, *not* "right-winger".

It's sad yet comical how strong the entitlement mentality is in some people.

Lest some of you forget, we have a trillion dollar deficit. We have a debt that is approaching our GDP. These things...

As long as we use fiat currency that can be created out of thin air by educated-yet-idiotic-and-reckless bearded men, all roads lead to inflation, not deflation.

Not getting a cost of living adjustment is peanuts compared to losing your job. I'd say we federal employees got off easy on this one all things considered.

I would have no problem with a...

Yeah, surprisingly, I am. I've been pursuing a good-looking ward clerk for awhile, but it hasn't led anywhere... yet.

If a federal employee is "fabulously rich", an investigation by OIG will soon...

Was she attractive?

... and now they're all broke?

This just proves the rich are stupid and gullible - same as the members of Congress who approved $700 billion in federal spending without any protection whatsoever against companies using the funds...

Offering up easily accessible educational courses on TSP funds and investing in general would do a world of good. While I agree with Rod that people "should educate themselves", the simple fact of...

The president's job isn't to "manage the economy".

The Fed apparently believed its job is to do that, and now we are seeing disastrous results of that misguided thinking (lowering interest rates...

I made the list with just 46 posts? Wow, I'm efficient. :D

You can give my planner to whoever is ranked 101st in posts in '08.

After all, it's better to give than to receive, and this is...

The IRS rule applies to all tax deferred accounts. If you reach the contribution limit on one (i.e. your TSP), you cannot contribute any additional money to the other(s). However, you can...

The day the government does things that make sense is the day hell freezes over. :p

What, no recipes involving ramen noodles?! If you want to know how to eat cheaply, just ask a college student or recent grad. :p

A fund invested mostly in stocks is down in a bear market? Gee, I'm shocked, SHOCKED at this!

Or for context, you could tell him how the fund would have done during the bull market of '03-'07....

VIX has topped 72.

That's something like 4x the average daily trading volume, isn't it? And if that happened in just a few minutes... oy. :sick:

I've noticed you mentioned the VIX has a target of 88 - what exactly...

I'm moving half my money market funds into the stock market next week. I'm looking at this as a once in a lifetime buying opportunity. The 30 year rate of return on an investment made at these...

Do an interfund transfer 100% to L2040. Then change your contributions to 100% L2040. After you've done that, don't pay attention to stock market-related news and forget about the account entirely....

http://www.bloomberg.com/apps/news?pid=20601087&sid=aNsOyMOaLwM8&refer=home

VIX closed over 60.