Personal Finance Advice and Commentary

Wednesday, July 13, 2011 3:07 pm
By Gregg Fields · Bankrate.com

“We don’t know where the economy is going”

Friday, June 10, 2011 1:32 pm
By Gregg Fields · Bankrate.com

“Hello, everybody,” came the voice from behind me. It sounded familiar. And the next thing I know President Barack Obama is slapping me on the shoulder and sitting to my right. Just in case you’re wondering: No, this isn’t a typical day. I was sitting in a nondescript conference room in the Eisenhower Executive Office

Wednesday, May 11, 2011 9:15 am
By Gregg Fields · Bankrate.com

Even if he weren’t 6-foot-7, Paul Volcker would be a towering figure. There is, of course, his tenure as Federal Reserve chairman from 1979-87, when some of his toughest anti-inflation policies produced demonstrations in the streets of Washington. But there is also his work in other fields, including helping track the assets of Holocaust victims,

Monday, March 07, 2011 10:45 am
By Gregg Fields · Bankrate.com

It was hard to believe the day had come when Moammar Gadhafi wasn’t the nuttiest creature on nightly news. ”All my people love me,” the Libyan madman proclaimed, conveniently ignoring a great deal of contradictory evidence. But his show was stolen by another showman: Charlie Sheen. He produced not one, but two live-in girlfriends as

Monday, February 28, 2011 10:06 am
By Gregg Fields · Bankrate.com

One of America’s most fitting corporate nicknames may have to be discarded. Blame the economy. Not Mickey D’s, Big Brown or the retailer Tar-zjay. Rather, it’s a coffeehouse star, staffed by baristas, a word not in Webster’s. (Neither is frappuccino.) It’s the company commonly called “Four bucks.” Will we soon be saying five? It’s admirable

Monday, February 21, 2011 10:00 am
By Gregg Fields · Bankrate.com

If government studies had background music, the recent report on mortgage reform would have us all humming Stephen Sondheim’s “Send in the Clowns.” Officially called “Reforming America’s Housing Finance Market,” it might casually be dubbed “The Treatise That Kicked the Hornet’s Nest.” The report’s main point: Washington must wind down its involvement in mortgage giants

Monday, February 14, 2011 10:56 am
By Gregg Fields · Bankrate.com

In the old Andy Griffith Show, bumbling deputy Barney Fife kept his power in his breast pocket — a bullet rarely put in his pistol. Kindly put, he had a problem with misfires. Citizens of the all-American town of Mayberry found it unsettling. It’s mindful of the money Corporate America’s been hoarding by the hordes.

Monday, February 07, 2011 10:02 am
By Gregg Fields · Bankrate.com

It was hard to escape the word ”super” last week. How could we, with nonstop Super Bowl coverage kicking off two weeks before the actual Packers-Steelers game did? However, to the relief of nonfootball fans, the term wasn’t always referencing the looming championship match (appropriately Roman-numeraled, given the sport’s gladiatorial allure). Rather, pundits were describing

Monday, January 31, 2011 10:09 am
By Gregg Fields · Bankrate.com

President Barack Obama seemed almost like a man obsessed during his State of the Union address. “We do big things,” he told the nation and the world. It was reminiscent of the morning-in-America optimism of President Ronald Reagan. Reagan, of course, was equally oratorically gifted. And coincidentally, he also spent his freshman and sophomore years

Monday, January 24, 2011 11:20 am
By Gregg Fields · Bankrate.com

As a die-hard Jimmy Buffett fan, just the sound of “jobless prosperity” resonates. It conjures images of a lazy day in Margaritaville. Somebody grab the salt and the limes. Unfortunately, there’s apparently no such thing as a free liquid lunch. The term “jobless prosperity” is indeed being used a lot lately. It refers not to

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