Category: Personal Finance

US Debt Crisis ‘Plan C’, Norway Massacre and Other News


Democratic officials are cautiously optimistic that the outlines of a potential compromise – a “Plan C” – are emerging that could bridge the differences between plans pushed by House Speaker John Boehner, R-Ohio and Senate Majority Leader Harry Reid, D-Nev.

The officials said President Obama has spent the past couple of days quietly reaching out to leaders in both parties to try and start hammering out the details, though it’s clear this is still only in the discussion phase and they are not close to a deal yet.

EconHumor: Tax Time


With tax time out of the way – and the annoyance of having to pay far too much to the government, again, here’s to laughing about it;

How the Rich are Spending in 2011


They earn, they invest and they splurge. Only that they do so more ostentatiously and extravagantly. They are the ultra high net worth individuals, or more conventionally – and civilly – known as the millionaires.

They may have disappeared from the spotlight at the onset of the economic downturn, but this year, they are slowly but surely returning to the malls, showrooms, exclusive hotels and exotic vacations, and they are wielding their credit cards once again.

Money Advice from The World’s Filthy Rich


It’s already June. Where has the year gone? For some who’ve made personal finance and investment goals to grow rich this year or increase your company profits by tenfold your New Year resolution for 2011 – you might start to hear that countdown clock to 2012 ticking already.

Illegal Bookies, Crooked Players & Asian Gangs


22 June 2011.

Illegal sports’ gambling exists all over the world. Even in the US, most sports gambling is still controlled by the mafia. It is a multi-billion pound industry and the profits for organised crime are comparable with the drug trade. 

Bitcoins: The Politics of A Virtual Currency


13 June 2011.

There’s a really easy way to find out if an issue or  topic is being widely talked about by the general public.

Go to Google, search the keywords, then gaze in wonder. Somehow Google is able to instantly generate millions of websites and news articles  containing the search term tyou were looking for.

Black Money: The Business of Money Laundering


8 June 2011.

Money laundering is a massive global problem. It allows criminals to infuse billions of dollars of black money into the stream of commerce and business, corrupting financial institutions and officials. However, the precise scale of money laundering is much disputed.