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Costs Money

"Value Meals" are Ripoffs - Corporations Get Rich and You Get Fat

By Team Afro on Sun, 01/29/2012 - 17:20
The Basics: 

Fat Kids at McDonaldsYou've got $10 in your pocket and it's lunchtime so you decide to spend $5 on a burger and a coke.   Against your better judgement you decide to go to a fast food place because you know you can get a burger and a coke from McDonald's for under $5.  You pull into the drive thru and scan the menu wall of pretty pictures of fries and big juicy burgers and before you know it you're ordering by number instead of by name - "Let me get a number 2".

"Would you like cheese with that?" Cha-ching

"Would you like to make it a large?" Cha-ching

"Want to add a pie for $1 dollar more?" Cha-ching

"Your total is $9.50.  Please pull up to the window"

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5% of Americans account for over 50% of US health care costs

By Team Afro on Sun, 01/29/2012 - 16:09

Figuring out how to lower the costs for cancer care, alzheimers, etc will dramatically reduce the cost for health insurance and treatment for ALL of us. Watch this video for more

source: 
MSNBC - Dylan Ratigan Show

After a bankruptcy you are still eligible for credit cards and loans

By Team Afro on Thu, 12/15/2011 - 07:34

Bankruptcy doesn't mean you aren't able to get credit. After bankruptcy most people are bombarded by banks and others with offers for Mastercards, Visas and car loans.  Don't take them as credit debt is probably what caused the mess in the first place.

source: 
Money

70,533 Mortgage “Fraudclosure” cases (where banks cheated consumers) were reported in 2011

By Team Afro on Mon, 12/12/2011 - 08:12

This number of fraudulent foreclosures is up 11% since 2008. The Massachusetts Attorney General is suing the 5 biggest lenders: BofA, JP Morgan, Citbank, Wells Fargo and GMAC to help get our money back.

source: 
Massachusetts Attorney General

Western Union Charges 10% or more to do basically nothing

By Team Afro on Thu, 12/08/2011 - 17:15

Western Union brags that charging you $5 to send $50 is a good deal. Actually it’s a 10% charge for doing nothing! Don’t fall for it. Get a checking account at a bank or a credit union and send a check in the mail for 44 cents instead.

source: 
Western Union

The average American will spend 40% of their lifetime earnings on interest payments to the banks

By Team Afro on Tue, 11/29/2011 - 16:46

The average American will make almost $1 million in lifetime earnings.  $400,000 will be paid to banks for interest on credit cards, home mortgages and car loans.   Avoid as much bank interest as you can and use that $400,000 for yourself and your investments.

source: 
Financial Times

Senate Republicans Vote “No” on Jobs Bill. Obama Vows to Keep Fighting

By Team Afro on Wed, 10/12/2011 - 18:38

Mitch McConnellLast night, even though a majority of Senate members voted to pass the Jobs Bill, Senate Republicans used their filibuster power to defeat the bill.  Democrats were in favor of the bill (51 out of 53 dems voted “yes”) while every single Republican voted “no”. 

The "no" votes send a clear message that the Republicans don’t care about putting millions back to work and cutting taxes for middle class Americans.  The only goal of the Republicans is to defeat Barack Obama and while they’re at it tank the economy in the process.

Teachers in poor Black and Latino communities make $2,500 LESS than their counterparts

By Team Afro on Wed, 09/28/2011 - 16:20

Using property tax to fund schools is 1 reason for this disparity.  Poor neighborhood, less property tax, less money for teachers and students.

source: 
Department of Education

More than 5.5 million African Americans don’t have a photo ID.

By Team Afro on Wed, 09/14/2011 - 13:12

Without a photo ID you can’t drive, you can’t open a bank account and most importantly you cannot vote. 

source: 
MSNBC Politic Nation

Chex Systems is a national database that tracks your bounced checks

By Team Afro on Thu, 08/18/2011 - 11:29

If your bank account is closed due to writing bad checks or being overdrawn your name is listed in a national database caled Chex Systems.  You may not be able to open a new bank account until your name is removed from the database (you pay off your debt). Read more about Chex Systems here.

source: 
ConsumerDebit.com