Tag Archives: Credit Cards

It’s not high finance

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Back when I went to school, we had to learn about the stock market and family budgets.

We were provided $ 1000 in funny money.  And, we could buy stocks, puts, or calls.  (Back when I went to school, you had to buy stock in lots of 100, which is why we were given that quantity of funny money.   Nowadays, we can buy a single share of stock.)  The contest revolved about the person with the highest balance after two months would win.

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Credit card mania?

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Back in 1958, Bank of America invented a new device- the consumer credit card.  Called- whaddayathink?- the BankAmericard.  Over the next dozen years, it managed to get other banks to join in their offering.  And over those 12 years, these banks mass mailed credit cards to folks in zip codes they thought would make them money from the fees they charged for using credit.

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Financial Literacy

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I became deeply interested in the stock market back some 60 years ago.

Our class was given $ 1000 (no, not in real money) and we were to buy and sell stocks- even options (puts and calls)- over the course of a few months.  The ones who had the most money at the end of the program would win an award.

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This is a REAL Halloween scare!

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You know those clear plastic containers?  The ones made of polycarbonate.  Well, many of them have a lining comprised of bisphenol A (BPA).  This coating helps make the plastic harder, keeps microbial contamination out of the foods they contain, or, when used on cans instead of plastic bottles, the coating stops the cans from rusting.   Oh, and
BPA has tremendous endocrine effects.  NOT good ones.

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The Supreme Court Decisions- and Restaurants

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Friday,(link here) I discussed a slew of SCOTUS (Supreme Court of the United States) decisions afforded us by the Roberts’ Court- the most pro-business (read “Big Business”) Supreme Court ever.  Well, here is a case they just decided, that small businesses can overturn without going to court- by using public opinion against one specific Big Business.

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