Consumer borrowing shot up $15.5 billion in June -- three times more than projected -- in the biggest increase in credit in four years, with credit card and other types of revolving debt rising by $5.21 billion -- the largest jump since spring of 2008. (more)
The biggest threat to WikiLeaks isn't the house arrest of Julian Assange or the militaries of frustrated world governments -- it's the financial blockade by PayPal, Bank of America, Visa and other institutions that has cut off $15 million in donations (by WikiLeaks' estimate).
Everyone knows you have to pay a municipal sales tax on your purchases, but what about a corporate Visa tax that's levied by credit card companies?
WikiLeaks founder Julian Assange was given a bit of a break on Tuesday when a British judge ordered that he be released from jail for the small bail fee of $310,000. However, this small measure of freedom comes with a few strings -- and an electronic monitor -- attached.
A group of hackers organized under the familiar moniker of Anonymous (remember those anti-Scientology demonstrations?) has registered its collective disapproval of MasterCard and the Swedish prosecution authority for participating in the censure of WikiLeaks and founder Julian Assange by, fittingly, compromising the functionality of their websites.
New rules curbing credit card company shenanigans took effect Sunday, as restrictions on “unreasonable late payment and other penalty fees” will now block the companies from charging excessive levies if users, to cite just one choice example, do not use their cards.