The Prepaid Calling Card Scam
November 18, 2008
It’s the perfect fraud — victims who are defenseless and a scam that only involves a few dollars per calling card. Read more
You Too Can Profit From the Government Bailout!
October 28, 2008
We’re all going to have to pay off the $700 billion price tag for the new government bailout program (called TARP, “The Troubled Asset Relief Program”). It is comforting to know, however, that the money will only be spent where it is most needed and that no one is going to think about profiting off of our misery, right?
A Lesson For All Americans From the Tampa Bay Rays
October 22, 2008
In these tough, and soon to get tougher, economic times, we could all take a lesson from the Tampa Bay Rays baseball team. Against all the odds, they beat last year’s World Champion Boston Red Sox to win the American League Championship and advance to the World Series.
The Rays accomplished this while having the lowest team payroll in the American League. The third place Yankees team payroll is five times the size of the Rays, and the last place Detroit Tigers have a payroll three times the size of the Rays. There are no superstars on the Rays of the caliber of Alex Rodriguez or David Ortiz (whose combined annual salaries almost exceed the entire Rays roster), just rookies, like Evan Longoria and David Price.
How did they do it? Read more
Bailout Bill Passes: Congress Caves to Fear & Panic
October 3, 2008
Cooler heads did not prevail. The $700 Billion bailout bill for Wall Street is now law. It passed the house with a vote of 263-171, and President Bush promptly signed it into law. The Consumer Warning Network’s Terry Smiljanich hoped for a break from the “sky is falling” approach which drove passage of the bailout bill. Smiljanich appeared on the Tampa FOX affiliates “Your Turn” program and urged lawmakers and citizens to fight the fear and panic. He hoped they would take time to complete a reasonable review of the bailout package before putting taxpayers on the hook for such an outrageous sum of money.
Fannie and Freddie: Guess Who’s Going to Pay?
September 9, 2008
Hold your nose. The stench of the S&L crisis of the 80’s fills the air once again. It all came rushing back over the weekend when the Treasury Department announced that the federal government was going to bail out the mortgage giants Fannie Mae and Freddie Mac and take them over. Remember the S&L crisis?
Read more
Part 2: Why You Can’t Believe Government Statistics - Inflation Numbers are a Myth
September 3, 2008
One of the most outrageous distortions of statistical data occurs with what the government calls the Consumer Price Index (CPI). It is suppose to measure inflation or loss of purchasing power, but it does neither.
Families everywhere feel the pain of rising prices when they go to the grocery store, and if you are one of the more than 50 million retirees trying to survive on a fixed income and feel like your annual CPI increase is not keeping up with inflation you are absolutely correct. Everyone is losing ground each year. Read more
Why You Can’t Believe Government Statistics; Part 1– The Real Unemployment Rate is more than 10%
August 18, 2008
The latest jobless report out for August 2008 says the unemployment rate surged to 6.1%, its highest rate in five years. While that sounds bad, the reality is far worse.
United States Government uses the most dishonest statistical skullduggery to calculate the official “Unemployment Rate.” Lying with statistics is easy. It is not how you count; it’s how you define what to count, and over the years both political parties have used this trickery.
How To Profit Off a National Calamity
June 19, 2008
The heartrending images of flooded Iowan towns remind us all too clearly of the aftermath of the most expensive hurricane of modern times, Katrina - New Orleans under water, thousands homeless, the death toll rising hourly. The urge to help is strong. Katrina, however, is a reminder that some may see an opportunity for profit in the midst of calamity. Read more
Banding Together and Fighting Back!
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Recalls and Product Safety News- Brownie's Third Lung Recalls Air Compressors Due to Drowning Hazard
- Target Recalls Dive Sticks Due to Impalement Hazard
- Children's Hooded Jackets with Drawstrings Recalled by R&D International Due to Strangulation Hazard
- GE Recalls to Inspect and Repair Wall Ovens Due to Fire and Burn Hazards
- Lithium-Ion Batteries Used with Bicycle Lights Recalled By DiNotte Lighting Due to Burn Hazard
- Cobra Electronics Recalls Children's Two-Way Radios with Rechargeable Batteries Due to Chemical Burn Hazard; Sold Exclusively in Toys "R" Us Stores
