Consumerism Commentary

This informative group blog was honored by Kiplinger as a “must-read” blog and named as one of Yahoo!’s “Ten Money Blogs Everyone Should Read.”

Profile of Consumerism Commentary

Latest Posts from Consumerism Commentary (page 187)

ING to Sell Online Bank ING Direct By 2013

Here in the Untied States, ING Direct, a banking arm of the large financial company ING Group from the Netherlands, offers more than just high-yield online savings accounts. […]

Hulu and the Subscription Model

This is an editorial by Smithee and a plea for your help in shaping the future of entertainment. At our house, we enjoy some Hulu programming on occasion. […]

List of Failed Banks, Updated October 26, 2009

As of October 26, 2009, over 100 banks have failed this year. Most of these are smaller regional banks who, in order to compete with larger banks, offered risky loans and are now facing customer defaults. […]

Seven Zen Principles to Guide Your Money and Your Life

A few years ago, I visited the Japanese Tea Garden in Golden Gate Park in San Francisco. Japanese gardens are designed precisely to appear natural, resulting in an interesting collision between nature and man. […]

Podcast 27: Man Vs. Debt and Frugal Travel

The Consumerism Commentary Podcast has now completed six months of broadcasts without missing one week. This is as good a place as any to declare the “First Season” of the podcast complete and begin the “Second Season.” In the premiere of Season 2, Tom Dziubek and Flexo speak with Adam Baker, the creator of the website Man Vs. Debt. We discuss Baker’s war on debt and its origins. […]

Net Neutrality Simplified

Depending on how you get your news, the topic of network neutrality can seem boring, or confusing, or both. Possibly you haven’t yet heard about it, or you’ve already formed an opinion. The reports I see are too often complicated, lacking reasoned arguments and full of hyperbolic guesses as to what the future might hold. […]

Pay Czar Ordering Bailed Out Companies to Reduce Pay

The executives of these companies had to see this coming. When a company is “too big to fail,” it becomes a public institution in senses of the phrase but the most literal. And for a number of banks and other financial companies in the past year, the public has become a partial owner thanks to infusion of cash from the government bailouts. […]

Investor Psychology: Why We Fail to Make Good Financial Decisions

Investors make better decisions when they separate emotions from the thought process, but it’s practically impossible to achieve the goal in perfection. Regardless of how hard one tries, emotions will always be present. […]

Senator Dodd Going Ahead With Overdraft Legislation

We told you last month about banks deciding to let customers opt out of overdraft fees, first announced by Bank of America and JP Morgan Chase, and then the next day by Wells Fargo (and Wachovia, which it owns). These big banks made the changes very soon after lawmakers announced an intention to try to regulate the extent to which customers are punished for spending money they don’t have. […]

New Graduates Facing Unemployment May Never Reach Income Potential

The unemployment rate for young workers between the ages of 16 and 23 is 18%, and that is an increase of five points from a year ago. That age group includes high school drop-outs as well as college graduates, and for these people the future looks bleak. Adults are taking the minimum-wage jobs teenagers might be offered in other economic situations. […]