Comments on: My So-Called FiLife: Dave Kansas http://blog.filife.com/my-so-called-filife-dave-kansas/ A production of FiLife, a new personal-finance site that goes live later this year. Mon, 13 Oct 2008 09:23:48 +0000 http://wordpress.org/?v=2.6.2 By: Dr R Sharma http://blog.filife.com/my-so-called-filife-dave-kansas/#comment-401 Dr R Sharma Thu, 13 Dec 2007 17:57:37 +0000 http://www.filife.com/my-so-called-filife-dave-kansas/#comment-401 Debt is Satan's sharpest sword. Some are annointed by him to get Rich quick and to follow him. Others have to suffer like some presnet day home-owners soon to be foreclosed on. Remember: if you do not borrow, you cannot default. The Bible clearly dissuades borrowing. Debt is Satan’s sharpest sword. Some are annointed by him to get Rich quick and to follow him. Others have to suffer like some presnet day home-owners soon to be foreclosed on. Remember: if you do not borrow, you cannot default. The Bible clearly dissuades borrowing.

]]> By: adam hanft http://blog.filife.com/my-so-called-filife-dave-kansas/#comment-235 adam hanft Sat, 06 Oct 2007 18:39:32 +0000 http://www.filife.com/my-so-called-filife-dave-kansas/#comment-235 Debt is the American way; after the Revolution we were broke and owed about $70 million. And it's gone downhill from there. The fact that today, we are one of the most religious nations and earth, and probably the most indebted, is another one of those social contradictions that, depending on your bias, reveals either America's glorious intellectual flexibility or its self-satisfied hypocrisy. Meanwhile, the California just passed legislation which would ban credit card companies from using T-shirts and other promotional devices to market credit cards and public universities. Fifteen states have already put limits on credit card marketing on college campuses, which shows the confidence they have in the math SAT scores of those they've admitted. I'm convinced that if we were better consumers of debt, we'd force the banks to offer us better and more innovative credit opportunities. Right now, our financial institutions are playing an arbitrage game with our stupidity -- and the spread is clearly in their favor. Debt is the American way; after the Revolution we were broke and owed about $70 million. And it’s gone downhill from there.

The fact that today, we are one of the most religious nations and earth, and probably the most indebted, is another one of those social contradictions that, depending on your bias, reveals either America’s glorious intellectual flexibility or its self-satisfied hypocrisy.

Meanwhile, the California just passed legislation which would ban credit card companies from using T-shirts and other promotional devices to market credit cards and public universities.

Fifteen states have already put limits on credit card marketing on college campuses, which shows the confidence they have in the math SAT scores of those they’ve admitted.

I’m convinced that if we were better consumers of debt, we’d force the banks to offer us better and more innovative credit opportunities. Right now, our financial institutions are playing an arbitrage game with our stupidity — and the spread is clearly in their favor.

]]> By: Ron Lieber http://blog.filife.com/my-so-called-filife-dave-kansas/#comment-228 Ron Lieber Fri, 05 Oct 2007 17:31:42 +0000 http://www.filife.com/my-so-called-filife-dave-kansas/#comment-228 Super, it would be nice if most reporters in ny earned 110k, but it doesn't quite work out that way. Many fellow scribes have roommates well into their 30's, live in brooklyn or queens and/or pay far more than the generally-prescribed 25% of income for housing. But this is where a lot of the good jobs are... Super, it would be nice if most reporters in ny earned 110k, but it doesn’t quite work out that way. Many fellow scribes have roommates well into their 30’s, live in brooklyn or queens and/or pay far more than the generally-prescribed 25% of income for housing.

But this is where a lot of the good jobs are…

]]> By: superf88 http://blog.filife.com/my-so-called-filife-dave-kansas/#comment-227 superf88 Fri, 05 Oct 2007 17:23:43 +0000 http://www.filife.com/my-so-called-filife-dave-kansas/#comment-227 Entrepreneurship often beats journalism (or any paycheck) for the $$ -- of course there's nobody left to run the papers, but i think we've all realized that transparency isn't all it's cut up to be in the free markets anyway. "Biggest fish are in the muddiest waters" -- the richest thrive where there is no transparency at all. Still I'd be sad if there were no WSJ -- but I could never figure out how they live on $110 K in NYC -- inheritances? Entrepreneurship often beats journalism (or any paycheck) for the $$ — of course there’s nobody left to run the papers, but i think we’ve all realized that transparency isn’t all it’s cut up to be in the free markets anyway. “Biggest fish are in the muddiest waters” — the richest thrive where there is no transparency at all. Still I’d be sad if there were no WSJ — but I could never figure out how they live on $110 K in NYC — inheritances?

]]> By: Pete http://blog.filife.com/my-so-called-filife-dave-kansas/#comment-226 Pete Fri, 05 Oct 2007 16:37:12 +0000 http://www.filife.com/my-so-called-filife-dave-kansas/#comment-226 True about debt being a great motivator. But you also have to admit to a great degree of luck, in that Web sites were throwing money at print journalists in those years. Unlikely that a journo with $30k of debt these days could "conquer that debt mountain" in 8 months. True about debt being a great motivator. But you also have to admit to a great degree of luck, in that Web sites were throwing money at print journalists in those years. Unlikely that a journo with $30k of debt these days could “conquer that debt mountain” in 8 months.

]]>