Now, it’s I, back in business, talking of the now-official “recession” in the US.

Yes, that's right... It took the US government an entire year to surmise that the country has indeed been in recession since last December! I guess, individuals can sense the slump and slowing pulse, way ahead, but officially, a doctor must wait for all the test results to come through, before declaring that the patient … Continue reading Now, it’s I, back in business, talking of the now-official “recession” in the US.

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Oh, mercy, where in the world is this rescue headed!

$800 billion more in loans and debt programs? Go above and beyond the $700 billion bailout? What, dip into taxpayers' dollars to take care of errant spenders? Axe the taxpayers even further to rescue the footloose? I'm tired of this mess, of reading reams about the nonsense that's spreading across the US market, across world … Continue reading Oh, mercy, where in the world is this rescue headed!

Pay your credit card bill even a day late, you’re heavily penalized, but…

It is indeed ironic, that billions of dollars are being used to bail out errant banks and financial institutions. When it comes to slapping finance charges, and late fees on even the best of their long term customers, these banks are hawk-eyed and merciless. Unscrupulous to the extent that without any warning to the customer, … Continue reading Pay your credit card bill even a day late, you’re heavily penalized, but…