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The FTC spelled it out with 3 Ds. Deter. Detect. Defend. According to Get Rich Slowly blog, a study conducted for the FTC [PDF], in 2005, 3.7% of the U.S. adult population were victims of identity theft. Though the median value of the damage caused was $500 per victim, ten percent of victims reported that [...]

Source: NYTimes.com Foreign investors poured a record $414 billion into securing stakes in American companies, factories and other properties through private deals and purchases of publicly traded stock, according to Thomson Financial, a research firm. That was up 90 percent from the previous year and more than double the average for the last decade. It [...]

Bob Herbert of the NYTimes nailed it on how to effectively address the US subprime debacle. While the government’s plan to inject $145B into the economy is sort of an emergency measure, it is really the creation of jobs that will help any nation in distress to be back on its feet on a long-term [...]