In The Coming Mobile Payments Duel, Consumers Win

computer theft

Payment systems can be a dry topic until your credit card stops working or until hackers dip into your credit. Then our interest is piqued in how to avoid today’s clunky credit cards. Mobile payments will deliver more convenience and much more safety for consumers. Unlike the security exposure of credit card signatures and numbers […]

Federal Agencies Squabble Over Privacy Turf

government issues

Over the tenure of his administration, President Obama has been promising to reach the remaining few percent of folks that currently don’t have access to broadband Internet. His aptly titled “National Broadband Plan” is slated to cost as much as $350 billion and hasn’t yet provided the service level people expected. As a result the […]

Consumer Concern about Credit Card Security

credit card 1140x445

A new Gallup poll reveals widespread concern among American consumers about hacking and data breaches. In fact, those polled were more concerned about credit card crime than any other crime they were asked about. American Consumer Institute President Steve Pociask issued the following statement in reaction to the new poll: “The unprecedented uptick in recent […]

Choosing a Wireless Service?

Mobile communications and social networking concept

American consumers are fortunate to have four large-scale wireless service providers, plus a few carriers who service specialized territories or discount options, such as prepaid services. According to the big four’s second quarter 2014 financial reports, Verizon and AT&T each serve over 100 million retail wireless connections (phones, tablets, and personal Wi Fi hotspot devices). […]

Property Insurance: What Happens After the NC Hearing?

House

The Homeowners Insurance Rate Hearing finally began last week in Raleigh after being threatened by the North Carolina state Insurance Commissioner Goodwin back in January. It was pretty clear that unless the Rate Bureau and the member insurers withdrew the request, there would be a hearing. Since the leadership of the Rate Bureau believes its […]

DOJ Overreach Could Kill the Digital Economy

computer spy

The health of the digital tech economy is inextricably linked to the health of the U.S. economy. According to a newly released Brookings Institute study, 61% of all U.S. exports were digitally delivered, and international digital trade was responsible for adding 2.4 million jobs. A McKinsey Report estimated that improved use of data could generate […]

Generational Theft: Some Deficits Hurt Young Workers the Most

dollars

What do the national debt, Social Security, and many defined benefit pensions have in common? No one expects the citizens of one generation to pay their own way. In recent years, only part of current federal spending is covered by current tax collections – the rest is funded from borrowed money that future generations are […]

If Skilled Workers Don’t Come, the U.S. Loses

technology-header

As Washington continues to debate immigration, one aspect of our immigration laws that are sometimes overlooked is that of high-skilled immigrants seeking to work in the US. Immigrants with education and experience in the STEM fields can apply for an H-1B visa, of which there are 85,000 visas available on a yearly basis. These visas […]

It’s Comparable, Comparable, Comparable

ghost house

Fannie Mae and Freddie Mac announced that they will be loosening the penalties they impose on mortgage originators. A deluge of mortgages defaulted during the great recession, resulting in the current regulations designed to help resist a repeat.  Much of the tougher rules govern percent of market value that can be mortgaged, income to debt […]

The Looming Retirement Income Debacle

empty wallet 1140x445

Many Americans are anxious as they contemplate retirement. While we might hope with optimism, reality paints a gloomy picture.  The average Social Security retirement benefit is $1,301 per month, basically the poverty level, and it is too small for a comfortable retirement. Relatively few Americans will retire with an employer pension, and some pension promises […]