Public Articles

the American Dream

Posted May 6, 2010

The term was first used by James Truslow Adams in his book The Epic of America which was written in 1931. He states: “The American Dream is “that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and high wages merely, but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of which they are innately capable, and be recognized by others for what they are, regardless of the fortuitous circumstances of birth or position.”

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What is a Credit Card?

Posted May 2, 2010

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The plastic card with a magnetic strip many people carry in their wallets or purses is the end result of a complex banking process. Holders of a valid credit card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit. The vendor receives essential credit card information from the cardholder, the bank issuing the card actually reimburses the vendor, and eventually the cardholder repays the bank through regular monthly payments. If the entire balance is not paid in full, the credit card issuer can legally charge interest fees on the unpaid portion.

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The history of currency

Posted May 2, 2010

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History of currency is a wide concept. In all the history of the world currency evolution is marked with lots of changes. First of all we were trading with commodity money. Many cultures around the world eventually developed the use of commodity money. Ancient China and Africa used cowrie shells. Trade in Japan’s feudal system was based on the koku – a unit of rice per year. The shekel was an ancient unit of weight and currency. The first usage of the term came from Mesopotamia circa 3000 BC and referred to a specific weight of barley, which related other values in a metric such as silver, bronze, copper etc. A barley/shekel was originally both a unit of currency and a unit of weight.

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Identity Theft History

Posted May 2, 2010

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Statistics say that identity theft is much more common now than it has ever been in the past. This is largely due to the advent and widespread use of the internet. However, identity theft did not begin over the internet.

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What is Identity Theft

Posted May 2, 2010

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Identity theft is a serious crime affecting as many as 10 million Americans a year (as estimated by the Federal Trade Commission) and accounting for the loss of $221 billion a year worldwide (as estimated by the Aberdeen Group).

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Identity Theft

Posted May 2, 2010

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Identity theft is a serious crime affecting millions of people a year and accounting for the loss of billions of dollars every year as well.

Identity theft is a form of fraud in which someone pretends to be someone else by assuming that person’s identity, typically in order to access resources or obtain credit and other benefits in that person’s name. The

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What is Tax Fraud?

Posted May 2, 2010

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As working residents of a country we are legally responsible for filling out a tax return every year when required, to determine the amount of tax we owe to the government. Although, a large percentage of Americans do take the effort to properly file their tax returns. A small percentage of individual try to cheat out of their tax obligation, committing a tax fraud.

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what is tax ?

Posted May 2, 2010

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Tax is a fee charged by a government on a product, income, or activity. If tax is levied directly on personal or corporate income, then it is a direct tax. If tax is levied on the price of a good or service, then it is called an indirect tax. The purpose of taxation is to finance government expenditure. One of the most important uses of taxes is to finance public goods and

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What is Insurance ?

Posted May 1, 2010

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Insurance is promise of reimbursement in the case of loss or paid to people or companies so concerned about hazards that they have made prepayments to an policy: written contract or certificate of insurance; “you should have read the small print on your policy” indemnity: protection against future loss

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