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• Morning News: Idol, Terror, and Credit Cards

  If you care about this, you already know, but Kris Allen was crowned the winner on “American Idol” last night. If you’re like me and like to look like you’re keeping up with the kids without actually having to subject yourself to American Idol,  perhaps this helps. In much more serious news, terror suspect Ahmen Ghalani will be sent to New York from Guantanamo Bay to face trial in the 1998 bombings of the US embassies in Kenya and Tanzania. President Obama is expected to announce the trial during an address today on Guantanamo and other security issues. New York City Police and federal agents arrested four men who were plotting to bomb synagogues and other landmarks in the city. Read More... Posted May 21 2009, 09:01 AM by Amy Kuras with | with 2 comment(s) Filed under: California, American Idol, terrorism, guantanamo bay, morning news, credit cards, budget crisis, terror suspects, national security

• Morning News: Minivan Maker Goes Bankrupt

  If you build a better mousetrap, the saying goes, the world will beat a path to your door. If you invent the minivan, though, you eventually end up in bankruptcy, apparently. Chrysler LLC, after narrowly avoiding bankruptcy in the last deep recession in 1980 and paying back the government loan that saved them three years later, filed for Chapter 11 yesterday. Look, I’m from Detroit and thus incapable of driving a foreign car, and would only drive a Chrysler if even a Toyota were not available. They’re not so good, although Jeep retains a good reputation and the Chrysler 300 was a nice ride. But when you can invent the vehicle that has become shorthand for boring sexless parenting and still be on the brink of going out of business? Something’s messed up. Thinking about following Chrysler into bankruptcy court? Forget about getting foreclosure relief that way, after a bill to.... Read More... Posted May 01 2009, 09:00 AM by Amy Kuras with | with 3 comment(s) Filed under: pork, minivan, recession, Chrysler, Egypt, pigs, bankruptcy, joe biden, morning news, credit cards, swine flu, Chapter 11, mortgage relief

• Should Schools Teach Kids Fiscal Responsibility?

  It's no stretch to say there are plenty of parents out there who haven't the faintest grasp on how to fix their screwed up credit ratings or get their car back from the repo man.  So why should they be the ones teaching kids to handle their finances?The states of Indiana and Kansas are now considering laws that would make personal finance a required part of the curriculum - from kindergarten up through high school. It's about time. Read More... Posted Feb 17 2009, 08:36 AM by JeanneSager with | with 6 comment(s) Filed under: education, money, schools, debt, economy, Jeanne Sager, family finance, mortgage crisis, economic downturn, financial literacy, credit cards