Unexpectedly Intriguing!
August 22, 2008

Carnival Midway from The Jerk Welcome to the Friday, August 22, 2008 edition of On the Moneyed Midways, the blogosphere's exclusive review of the best posts found in the best of the past week's money and business-related blog carnivals!

The 2008 Olympics provided a common theme linking many of the week's business and money-related blog carnivals. Most often, we're leery of themed carnivals as normally, themed carnivals provide almost unlimited opportunities for unlimited disaster. Fortunately though, the Olympics turn out to be a good theme, since the carnival hosts took more time to pick out the week's gold medal winners!

The good news is those gold medals were properly awared about half the time! ;-) Like the real Olympics, we believe a number of the "winners" were really ineligible for the week's top awards. Unlike the real Olympics and the impotent IOC, we could and did do something about it....

The final results are below....

On the Moneyed Midways for August 22, 2008
Carnival Post Blog Comments
Carnival of Debt Reduction Consider This Likely Future Tax Benefit of Early Mortgage Payoff Tough Money Love Everyone thinks that owning a home (or really, having a mortgage) allows you to reduce your income taxes. Mr. ToughMoneyLove says that's the wrong way to think about it and shows how paying off that mortgage would reduce your income taxes more! The Best Post of the Week, Anywhere!
Carnival of Personal Finance What Michael Phelps and the US 4x100 Freestyle Relay Team Taught Me About Debt One Caveman's Financial Journey The Caveman extracts the lessons that might be learned about handling debt from the central moment of the 2008 Olympics.
Carnival of Real Estate A Six-Figure Income and Impeccable Credit Doesn't Insulate You From Tightening Mortgage Guidelines The Mortgage Reports Dan Green uncovers the scope of a building credit crunch from a Fed survey that reveals that 80% of U.S. banks are now making it much harder for "prime" borrowers to get a mortgage than they did a year ago, and offers advice for those who will be homeshopping in the next six months.
Festival of Frugality How to Get Something for Nothing I Pick Up Pennies Abby revels in the highly labor-intensive art of mooching and a lifestyle of deferred gratification.
Festival of Stocks What Could a Stronger Dollar Do? College Analysts James Cullen considers how a rising U.S. dollar would reshape both the economy and his portfolio.
Money Hacks Carnival Free Money from the U.S. Mint My Dollar Plan Absolutely essential reading! Madison DuPaix reports on a brilliant strategy for exploiting the U.S. Mint's misguided marketing strategy for putting more U.S. dollar coins in circulation that puts more money in your pocket while keeping the undesirable dollar coins out of it!
Carnival of Money Stories The Age of No Negotiation Your Money Relationship Adam tells the story of his unsuccessful attempt to buy a bike that was on sale, finding it out of stock, then offering to pay more money to buy another bike if the store would extend the sale discount for it. Absolutely essential reading for providing a lot of things to consider from all points of the interaction!

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