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BLOOMBERG: Consumers using credit cards for necessities of life
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Consumers in the U.S. are increasingly using credit cards to pay for basic necessities as income gains fail to keep pace with rising food and fuel prices, according to the Bloomberg Letter. The dollar volume of purchases charged grew 10.7 percent in June from a year ago, while the number of transactions rose 6.8 percent,…
Is Norway’s terror being used as excuse for anti-faith bigotry?
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Beliefnet’s Robert Mims observes: “The horrific terror attacks in Norway Friday — and that’s what they were, whether perpetrated by Al-Qaeda, Hezbollah, or home-grown extremists as it appears to be in this case — led to a lot of initial knee-jerk bigotry.” Blame in on the Christians . . . Muslims, Republicans, Democrats, etc. In…
Following Hendrix, Joplin, Morrison and Cobain, rock star Amy Winehouse dead at 27
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Singer Amy Winehouse has been found dead at her home in Camden, north London, at the age of 27. Winehouse joins a long list of rock singers who met their demise at age 27, including Kurt Cobain, Jimi Hendrix, Janis Joplin and Jim Morrison. The London Ambulance Service was called to her apartment just after…
Suspect arrested in Norway bombing, attack on youth camp; shadowy groups claim credit
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Officials have a suspect in custody in Friday’s bomb attack in Oslo, Norway, and a murderous youth camp rampage 50 miles away. Seven have been confirmed killed in the Oslo blast, and reports are unconfirmed of as many as 80 killed in the summer camp shooting. Both the bombing and the shootings may have been…
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