Question: A friend who goes out a lot tells me he tips 25-30 percent in bars, so bartenders are always giving him free drinks. Jake says everyone knows to do this. Even if they do, isn’t this cheating the bar owner?
Answer: A penguin goes into a bar and says to the bartender “Have you seen [...]
I recently read a somewhat depressing article in The Economist about the “end” of retirement.
The article begins with a bit of history: When pensions began in Germany over a hundred years ago, they were for people who lived to 70 — twice as long as the average person. When Social Security was introduced in 1935, [...]
Based on the comments about an earlier post covering a government-assisted mortgage refinancing program, I don’t think you’re going to like the latest news out of Washington.
Late last week the Obama administration loosened the eligibility rules for the refinancing arm of its Home Affordable Plan, designed to help home owners who want to take advantage [...]
Exactly what will Obama’s financial-industry consumer guardian police? The answer became clearer last week when the administration sent Congress a proposed law detailing its vision for the Consumer Financial Protection Agency.
Obama’s plan for establishing the CFPA contains a few surprises regarding its authority. While the Securities and Exchange Commission will continue regulating investment products, the [...]
Strapped for cash? Want someone to pay for your way through college? These pitches made by military recruiters seem to be working, since each of the military service academies has seen a sharp rise in applications this year — ranging from a 9% increase at West Point to a 40% jump at the U.S. Naval [...]
