Outrage: $2M Lottery Winner Still on Foodstamps

A man who won $2 million on a Michigan lottery show has told a TV station that he still uses food stamps.

Leroy Fick of Bay County admitted he still swipes the electronic card at stores, nearly a year after winning a jackpot on “Make Me Rich!” He told WNEM-TV in Saginaw that more than half the prize went to taxes.

Fick says the Department of Human Services told [...]

Asia : The Japanese government downgraded its assessment of industrial production for the first time in 19 months!! amid growing uncertainty over the strength of the global economy.

The downward revision comes as fears grow that the global economic recovery could be losing momentum. Japan’s economic growth is underpinned by exports, especically to emerging economies such as China, and any slowdown in external demand could make companies reluctant to boost production, raising the risk that the economy will stall.

The nation’s industrial output fell 1.5% from a month earlier in June, the first decline in four months as auto [...]

It’s a bad idea to use a debit card for online shopping.

It’s a bad idea to use a debit card for online shopping because you don’t have the same federal protections that you get with a credit card.

Debit cards governed by Regulation E – Electronic Fund transfers Act

Credit card governed by Fair Credit Billing Act

Also, when your debit card is compromised, you can lose all the money in your account. Then, you must try to deal with the bank that issues [...]