Money and Computing
ProPublica: A Buyer's Guide to Safer Communication
The good news is that as we understand more about how surveillance works, it helps the people who create and use secure tools to make better and more informed choices — even if that choice is simply not minding having their data collected. There are a lot of ways to talk to people securely on the internet, some are purpose-built to enhance your privacy and security. This is by no means an exhaustive list, but it’s a place to start. more »
New Report: Overdraft Practices On Checking Accounts Raise Serious Concerns for Consumers
"Consumers need to be able to anticipate and avoid unnecessary fees on their checking accounts. But we are concerned that some overdraft practices may increase consumer costs beyond reasonable expectations," said Consumer Financial Protection Bureau Director Richard Cordray. "What is marketed as overdraft protection can, in some instances, create greater risk of consumer harm." more »
Bernanke at Princeton: Don't Be Afraid To Let the Drama Play Out
Ben Bernanke speaks: "I am all for beauty, romance, and sexual attraction — where would Hollywood and Madison Avenue be without them? But while important, those are not the only things to look for in a partner. The two of you will have a long trip together, I hope, and you will need each other's support and sympathy more times than you can count. Speaking as somebody who has been happily married for 35 years, I can't imagine any choice more consequential for a lifelong journey than the choice of a traveling companion." more »
Medicare and Social Security: Changes Needed to Avoid Consequences Are More Urgent
If lawmakers take action sooner rather than later, more options and more time will be available to phase in changes so that the public has adequate time to prepare. Earlier action will also help elected officials minimize adverse impacts on vulnerable populations, including lower-income workers and people already dependent on program benefits. more »