-
The Recession Is Over; It's Just That You Won't Have a Job.
On Tuesday the Federal Reserve chairman, Ben S. Bernanke claimed that it was “very likely” that the recession had ended. On Tuesday the Federal Reserve chairman, Ben S. Bernanke claimed that it was “very likely” that the recession had ended. On Tuesday the Federal Reserve chairman, Ben S. Bernanke claimed that it was “very likely”…
-
The Goods At Goodwill
As New York Fashion Week nears its end one point has been made certain: Not even an industry famous for beautiful facades can ignore the times. In an interview with Reuters, designer Vera Wang said, “This recession has been very, very frightening.” Much of that fear as resulted in a change for New York Fashion…
-
Weed For The Financial Win?
How many of you watch Weeds? The Showtime comedy – starring Mary-Louise Parker – centers on a widowed suburban housewife named Nancy Botwin who turns to selling drugs to make ends meet. As it turns out, the show has come to show light on a growing trend. All across the country – yes urban, suburban…
-
Banks Go For (The) Broke
I’d rather sell my organs on the black market than get a payday loan. There’s something all too seedy about them. The fact that they’re mainly found in low-income neighborhoods doesn’t help. It’s obvious these lenders are taking advantage of cash-strapped residents. As a product of these types of neighborhoods, such blatant exploitation only makes…
-
Can We Be Broke On TV, Too?
With the fall television season now in full swing, The Huffington Post compiled a list of recession-ready shows the major networks hope will lure you to the telly. Among them include new shows like ABC’s “Hank,” starring Kelsey Grammer, who plays Hank, a newly laid off and broke Wall Street CEO who returns to his…
-
Cash Strapped Students Seal Their Eternal Damnation
It’s becoming increasingly common for massive debt to coincide with earning a degree. Earlier this year I opened up about my own plight with student loans. In short: The funds I secured to pay for my collegiate dreams turned into my post-graduate nightmare. I’d rather wear a winter coat in hell than deal with my…
-
Ex-Cons Coming To A Town Near You
For years the corrections system has been criticized for its unfairness – namely its lengthy sentencing laws. Yet, why am I not comforted by news that a growing number of states are beginning to relax mandatory state laws, accelerate parole, and increase time off for good behavior? Namely because these lax in laws aren’t a…
-
Why Won't The Old Folks Let You Be Great?
As many of you prepare for a holiday weekend filled with fun, family, and food is a side-eye in order for some of your older relatives? Possibly if you object to the fact that your parents, auntie, paw-paw, nanny, and that uncle you always felt was shifty won’t retire. Indeed the New York Times reports…
-
Why Still Stereotype Generation Y?
I came across an article titled “Economy Hands Generation Y a Rude Awakening.” In it the author profiles various 20-something working professionals and how they have coped with the declining economy. However, the premise of the article irritated me. Gigi Douban, the author of the piece wrote: “We’ve all met them, 20-somethings who’ve been coddled…
-
Smile (Hollywood Says So)
On top of the housing market still being in shambles, growing speculation that a second credit bust similar to the one that created the declining market we have now is on the horizon, I have even more great news about the state of the economy. Things are going so well that cocaine dealers are starting…
