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Tax Bill or Tax Refund, Which is Better?

by Luke Landes

There are two typical responses when a person finishes preparing his tax return, depending on the result. If he owes money, I hear, “Do’h! I have to pay the government more. I wish they’d use my money more efficiently.” If he is due a refund, I hear, “Woohoo! I’m going to get a big fat ... Continue reading this article…

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Carnival of Debt Reduction

by Luke Landes

Welcome to Consumerism Commentary for the 20th edition of the Carnival of Debt Reduction! If you are new to this blog, take a look around. You may want to find out more about me or browse through a categorical “Best of 2005.” The Carnival of Debt Reduction is a living document that travels from week ... Continue reading this article…

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Less Materialistic Holiday Season?

by Luke Landes

The Center for a New American Dream conducted a poll about materialism surrounding the holidays and found some interesting results: … [M]ore than 3 in 4 Americans (76 percent) say that kids are too materialistic, and the holiday season just makes things worse. Only 28 percent of those polled say that it is necessary to spend a ... Continue reading this article…

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Bernanke’s Portfolio

by Luke Landes

Ben Bernanke is the guy who, if confirmed, will be the most visible individual and listened-to voice in regards to the United States economy. So his portfolio should tell us a little about his market philosophies. Here’s his financial disclosure form from 2003. Henry Blodget analyzed his portfolio and discovered: * He’s rich, but not ... Continue reading this article…

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