Paying for other people’s bad credit card habits.

    Bluntly? Somebody else can do that. I’m not interested. Credit Card Industry Aims to Profit From Sterling Payers Credit cards have long been a very good deal for people who pay their bills on time and in full. Even as card companies imposed punitive fees and penalties on those late with their payments, the best customers racked up cash-back rewards, frequent-flier miles and other perks | Read More »

    Elections have consequences: Megan McArdle edition.

    Before we go any further, let me just note that my sympathies for the people in the video below is currently somewhere between “nil” and “whatever.” This is a blue-on-blue fight, as far as I’m concerned: Wall Street actually has a habit of going against its class interests by funding and supporting Democrats, and God knows that they had their hand in the current banking | Read More »