Archive for February 2009

Your Neighbors are Gouging you too…

They hadn’t saved a dime, put zero down, thought a no-interest, adjustable rate mortgage would last forever, and assumed the housing market would rise indefinitely. Now they’re about to lose their home and are looking for a handout. They feel “entitled” to stay in their home. You can blame the brokers, the banks, the government, [...]

Circuit City – going out gouging

Electronics retailer Circuit City is in the process of closing its remaining stores. All of its remaining US and abroad locations are flanked with liquidation-sale signs, and claims of as much as 40% off on electronics and other inventory. However, a stroll into one of their stores reveals the full story. Sure there are deep [...]

Priceline – opaque services are a form of gouging

Travel gurus call Priceline’s deals opaque fares, because you can’t see the prices. Of the three times I have used Priceline, I have been deceived twice. The first experience was successful – I used the website to find and book airfare. The next two experiences were both to book a hotel room, using their “name [...]