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...what has become the Sandinistas' standard reaction to criticism: triumphalism mixed with personal attacks. Sandinista lawmakers have accused Navarro of "economic terrorism" for questioning the bills' legality, and Central Bank president Antenor Rosales dismissed the criticism as the complaints of rich people "who are more accustomed to using debit cards and checks and don't care about the people." Said Rosales, "The Central Bank is profoundly satisfied with the excellent reception that the bills have had with the Nicaraguan population. Everywhere in Nicaragua the bills are being used...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...wife's nomination to be Secretary of State. Senior staffers like Henry Kissinger and presidential also-rans Al Gore and Rudy Giuliani have also parlayed political power into riches. Bob Dole, in lesser demand after getting trounced by Clinton in 1996, became a TV pitchman for everything from debit cards to erectile-dysfunction pills. Further evidence, perhaps, that it's good to be the boss...

Author: /time Magazine | Title: A Brief History Of: The Post-Presidency | 3/12/2009 | See Source »

...budget, to be able to plan for things to buy - to postpone gratification," says Eileen. When the kids reach high school, parents may want to introduce debt into their financial vocabularies by allowing them to use credit cards. But the Gallos recommend training wheels first, in the form of debit cards or cards with a low spending limit...

Author: /time Magazine | Title: No Free Rides, Kid | 11/13/2008 | See Source »

Member Benefits. Continental Airlines is waiving fees on the first checked bag for holders of Continental Airlines Chase Bank credit and debit cards. That's a cool $15 back in your pocket...

Author: /time Magazine | Title: Travel News: Cheap Helicopter Rides from JFK | 10/30/2008 | See Source »

...result, he and his wife make decisions that ripple through the economy. He cashed out of his 401(k) to pay bills. A plan to buy a new car? History. They took their son out of an expensive private school. Credit cards? They don't use them anymore. "Debit cards and cash only," says Rachel...

Author: /time Magazine | Title: Living in a World with Less Credit | 10/23/2008 | See Source »

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