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Mar 03 2010

Blumenthal: Fed Misses Critical Deadline To Roll Back Credit Rates, Fees By KENNETH R. GOSSELIN The Hartford Courant Even as a sum of new protections for credit card users went into effect last Monday, the state attorney general disparage a ke

Mar 03 2010
update new credit card regulations allow room for maneuvering
UPDATE: New Credit Card Regulations Allow Room For Maneuvering By Meena Thiruvengadam Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The credit card game rules have officially changed thanks to new credit card regulations, effective Monday,

Mar 03 2010
Report: Interchange Fees Obstructs Economic Growth, Job Creation
Report: Interchange Fees Obstructs Economic Growth, Job Creation By Linda Lisanti INDIANAPOLIS -- Less than 20% of the interchange fees charged by credit card companies actually includes the cost of processing transactions, according to a rece

Feb 25 2010
Be A Smart Credit Card User
Be A Smart Credit Card User •Read the terms and conditions of your card. "The Credit Card Act is there to protect consumers," said Bruce McClary, ClearPoint Credit Counseling Solutions spokesman. "But the responsibility is still in the hands of th

Feb 25 2010
terms of the new credit cards regulations
CREDIT CARD ACT TERMS OF THE NEW CREDIT CARDS REGULATIONS 10 things that credit-card issuers can still perform with proper notice: * Alter your fixed-rate card to variable. * Increase your Annual Percentage Rate on future purchases. * Rais

Feb 25 2010
CREDIT CARD TRICKS take out cash
CREDIT CARD TRICKS By Kate Mansey 50 percent extra to take out cash Credit card companies are utilizing crafty tricks to rip off customers - as shock numbers show Britons owe £54.5 billion to our "flexible friends". A Sunday Mirror inves

Feb 23 2010
Build Good Credit Without Credit Cards
Build Good Credit Without Credit Cards When you are trying to build a good credit history, one often repeated piece of advice is to get a couple of credit cards and pay them off promptly. Credit cards are not the only way to skin the credit cat, t

Feb 23 2010
interest rate summary credit cards
Interest Rate Summary Credit Cards Here is a look at the state of credit card rates from the weekly national survey of large banks and thrifts conducted Feb. 17, 2010 by Bankrate.com Rates: 13.39% (all fixed); 13.63% (all variable) Credit c

Feb 21 2010
clouds parting over credit card troubles
Clouds Parting Over Credit Card Troubles Kelsey Swanekamp, With joblessness still hovering at 10 percent and household budget under pressure, credit card issuers and lenders are still taking profits from their loans to consumers. Developmen

Feb 21 2010
credit card chargeoffs still troubling
Credit Card Charge-Offs Still Troubling February 17, 2010 by Staff   Credit card charge-offs – or loans assumed uncollectible and written off – edged higher in January as reported by the major card issuers, although there is some positive expe

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I'm just reading Clash of the Titans by Richard Hack.

This is a dual biography about Ted Turner of Turner Broadcasting empire and Rupert Murdoch of the Fox News Network. These guys are multibillionaire media giants.

The thing that I keep thinking about is that even though these guys are titans of business and media and news, they don't publish a fraction of what is published on the internet each day.

If it was possible to read all of the blogs of all genres, I'm sure the pages published would be in the hundreds of thousands.

Anyway, it's interesting to hear about the start of CNN which is currently the credible source for news, especially with disasters and wars etc. CNN has come along way since it was a gleam in Ted Turner's eyes. According to this book, CNN was on the brink of bankruptcy before it hit some breaks. This was in the first few years of its existence.

The beauty of the internet is that it is uncensored. When you're reading people's blogs, it's what's on a person's mind. Blog writers don't have to write to appease a boss, in most cases.

When watching CNN this past few weeks with Hurricane Katrina, I got a sense that CNN was ratings grabbing, even though they had the ratings in their pockets. It was amazing that at some points they would show only some pictures until some new news broke. Then all of a sudden they would show a more relevant set of photos and video feed.

I have already read the Clash of the Titans once. I am going to reread it to glean out some more points. These media titans are described as having a whole bunch of control over how people think about the news etc.

I am beginning to see that bloggers might have a little corner on the real opinion market. Blogs are 'Opinions Unscripted'

By Monty Loree - Financial Maturity blog - Topic - Ted Turner, Rupert Murdoch News and Media Titans

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