Legalized Corruption – The Comcast Merger and the FCC

May 31, 2011

By Terry Smiljanich:

In one of the most blatant examples of just how corrupt politics has become in Washington, D.C., the head of the Federal Communications Commission, just a few months after voting to allow one of the largest corporate mergers in history, has accepted a high paying job at the new giant NBC/Comcast media company. This raises an interesting question: can we call it corruption, if it’s all perfectly legal under current rules?

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You’re Paying A LOT More Out-of-pocket for Health Care

May 31, 2011

It’s not your imagination. You’re paying alot more out-of-pocket for health care.  The average out-of-pocket health care costs for a family of four with insurance have ballooned from $3,634 in 2002 to $8,008, this year.  The statistics come as part of a new study released this month by the industry consulting firm Milliman.

And that’s for families who get coverage from their employers. If you’re paying COBRA premiums like Schaub, or buying on the individual market, the costs are often much higher.

Click here to read more in this article from the St. Pete Times.

Get Paid $360K Every Two Weeks – Be A CEO

May 24, 2011

When you do a simple comparison between how much money CEO’s of major corporations make these days compared to the average worker, it will blow  you away.  It certainly did for CWN’s Managing Editor Terry Smiljanich when he starting looking at the numbers.  Brace yourself when you listen to Terry’s findings in this report. Click here to watch.

When Did the Consumer Become the Enemy?

May 24, 2011

By Angie Moreschi:

Why is it that every time you turn around these days, you find a lawmaker up on Capitol Hill trying to stick it to the consumer?  Of course, it’s very important to protect multi-million dollar corporations from those pesky people who buy stuff from them; we all know that.  But gosh, isn’t this going a bit far.  First, we must ensure our oil companies continue to get their tax breaks, and now Republican Congressman from North Carolina Patrick McHenry is taking cheap shots at the person trying to set up a Consumer Protection Bureau.

Consumer Advocate and Harvard Professor Elizabeth Warren came up with the crazy idea that there should be someone looking out for consumers these days, since they’re getting ripped off so much.

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Is a College Degree Worth the Cost?

May 11, 2011

With the cost of college going through the roof and leaving students and parents buried in debt, some are beginning to question whether it’s really worth it.  Statistics show you do make more money if you have a college degree, but most students also incur significant debt, which then must be paid off.  With the job picture still hazy for recent grads, some are even working for free.  In other words, internships.  Click here to watch this story from MSN on measures recent college graduates are taking to get experience, even if they’re not paid.