Word: cards
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Dates: during 2000-2009
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Like a medic tending injured soldiers on a battlefield, she spends her days fielding calls from people who are in financial peril--drowning in credit-card debt or facing adjustable-rate mortgages that threaten to bury them alive. Each week they phone in to Orman's CNBC show for advice or buy one of her nine books, which offer the hope that they might save themselves from the financial hell they've created. Orman rushed out a paperback response to the economic crisis called Suze Orman's 2009 Action Plan, which is on the New York Times best-seller list...
...sort of unofficial economic barometer: the worse things get, the harder she is to avoid. Her style seems almost intentionally annoying: she screams on camera, her blue eyes practically bugging out of her head. But she has long been saying what America needs to hear, crusading against credit-card debt and urging people to save money and pay down their mortgages. Since the onset of the recession, she has made some subtle adjustments to her image, positioning herself more as a populist crisis manager than as a promoter of the American Dream. That hasn't shielded her from criticism...
...theme has been for a long time, Get out of credit-card debt, know your FICO score, pay our homes off, don't use anything other than a fixed-rate mortgage, real estate has hit its top." She paused and thought for a moment. "Although ... I really thought a real estate investment was the best investment you could make over time," she said, the closest she comes to acknowledging a mistake. Orman owns five homes, although she's not sure she'll make a profit on the last one she bought--a luxury apartment in New York City's Plaza...
...exciting announcement on Tuesday, top Boston officials unveiled plans for a citywide bike-sharing program similar to Paris’s famous Vélib’. The plan eventually calls for 6,000 communal bikes to be stationed at 600 public racks around Boston; anyone with a bike card can swipe in to unlock a bike, ride it as long as he or she chooses, and return it to any rack in the city...
...prof Benjamin Edelman reached the conclusion by following two-years' worth of credit card purchases from, um, "adult" sites. Props to the churchgoers who bought 0.1% less online porn on Sundays—and made up for the lost hours by spending more time on this preferred pastime during the week...