The $29 fee that cost Bank of America so much more …

I once had a credit card through MBNA. I loved this card. It was an alumni card that proudly displayed my alma mater.
Then, Bank of America bought MBNA. Suddenly, things got bad. The web site functions no longer worked like they should. In particular, paying the card online became much [...]

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Blago / Replacing a member of congress

The whole situation with the Illinois governor makes me wonder … when a member of congress leaves his/her seat for a better job (President, Vice President, cabinet, etc) why don’t we simply let them pick their successor?
After all, if I voted for Senator X, I want a person who very closely fits Senator X’s profile [...]

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Abuse of statistics – transitive property

This will likely become a mini-series … statistics are great, but can be abused.
Today’s focus is on the “transitive” property of statistics. My example will be an issue that many people are well aware of. The issue is important and is a problematic societal issue. I am definitely not suggesting that the [...]

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