eldemonio (97.54)

Credit Cards Are Good

September 09, 2009 – Comments (9) | RELATED TICKERS: CRE , DIT

Credit cards are taking an unfair beating lately.  Everyone is claiming that paying with cash is so much better.  I agree that running up debt is irresponsible and not a good idea, but what about using your credit cards to buy things you normally would buy with cash to earn incentives such as airline miles and cash back?  What is the down side to using a $0 annual fee card to buy groceries and gas, and then pay down the card before any interest accrues?  If you earn miles or cash back, sometimes as high as 5% cash back, why wouldn't you do that?  [more]

The End is Near

September 01, 2009 – Comments (3) | RELATED TICKERS: DOO , MSD , AYS

Most Recommended Posts Today   [more]

Ron Paul and HR 1207

June 11, 2009 – Comments (9) | RELATED TICKERS: FED , REG , GOOD

Please consider contacting your representative regarding HR 1207 which aims to make the Fed's dealings more transparent.     [more]

Crazy Idea for You Free-loading Southerners

February 16, 2009 – Comments (11) | RELATED TICKERS: MOO , CH , ERS

A commentary on CNN caught my eye this morning.  It referenced statistics on how much states get back in federal funding for every dollar they spend in federal taxss.  It appears that y'all down south like to mooch off of the rest of the country.    [more]

Finally, a Semi-Useful Blog

January 11, 2009 – Comments (3) | RELATED TICKERS: HU , GS

My blog posts hardly ever contain any useful information, thus the title of this blog. 

That said, I wanted to pass along an interesting site:  http://www.dailyreckoning.com/  I would recommend subscribing to their mail list, it's free and has some good commentary on world markets, politics, and other random shat.

XOXO,

eldemonio