June 4, 2012 |
Former U.S. Sen. Alan Simpson (R-Wyoming), perhaps our leading avatar of misinformation about Social Security, sent us a lengthy email on Friday responding to our series of posts criticizing his error-rich take on the nation's preeminent social insurance program. You can read his entire email here . Be forewarned: It's a dizzying compendium of ignorance, myths, irrelevancies, and historical revisionism, leavened with a healthy dollop of defensiveness. (Simpson also seems at the outset to have confused columnist Michael Hiltzik , who has been writing about him, with editorial page editor and columnist Jim Newton , who hasn't.
June 26, 2011 |
Dear Liz: Do you have any advice for a family of six with only $200 a month to spend on food? My wife and I are in dire need of advice, as our bills keep increasing but neither of us has gotten a raise in six years. We have two garnishments on our paychecks that effectively take 50% of what we make. After health insurance and 401(k) loans are deducted, we bring home $2,000 a month. Our rent takes $1,400 of that and utilities take most of the rest. Do you have any miracle advice for us?
February 20, 2011 |
Dear Liz: My husband and I are struggling with whether to file for bankruptcy. We have $80,000 in credit card debt, which has ballooned because of high interest rates and our paying only the minimum. My husband and I were both laid off in 2008. I collected unemployment for not quite a year and still have not been able to find work. My husband found a job after a year and a half, but then was injured at work and faces another four to six months of recovery, so he is receiving only 67% of his former wage.
January 2, 2011 |
Dear Liz: I recently purchased a variable annuity. I researched the investment only after the fact and discovered that my new advisor had not disclosed its pitfalls. I came to him with all my questions afterward, but he was defensive and unprofessional. I feel completely deceived! Do I have any recourse? I feel like I made a huge mistake. Answer: The fat commissions that many annuities pay can tempt unethical or poorly educated advisors into painting an unrealistically rosy picture of these financial products.
September 26, 2010 |
Reporting from Atlanta The permutations flew fast and furious for a time, some stretching the bounds of credibility on the most tangled final Sunday since the FedEx Cup became the PGA Tour's version of the postseason. One perfect storm could have given the Cup to a man who opened the week 28th on the points list. Another might have crowned points leader Matt Kuchar with a 25th-place finish. Paul Casey could have been the season champion without a tournament win. By the end, though, the formula was pretty simple.
August 20, 2009 |
For $100, you could fund a shopping spree at the 99 Cents Only store or host a feast catered by your favorite fast-food eatery's dollar menu. Or you could buy a house -- maybe. The Santa Clarita Valley Rotary Club, a chapter of Rotary International, is hosting an online raffle of a house of the winner's choice valued up to $600,000, with an included reserve of $400,000 for closing costs and taxes on the sale, said Maureen Micklich, a spokeswoman for Samuel Dixon Family Health Centers Inc., which is a beneficiary of the contest.