Unexpectedly Intriguing!
13 August 2010

Carnival Midway from The Jerk Welcome to the Friday, August 13, 2010 edition of On the Moneyed Midways, where each week, we bring you the best posts we found in the past week's money and business-related blog carnivals!

Think ObamaCare is still years away from affecting Americans' health coverage? The Best Post of the Week, Anywhere! should convince you otherwise. And what about the CARD act, which was supposed to relieve credit card consumers from having to deal with crooked credit practices? Our selection for Absolutely essential reading this week finds that making something illegal sometimes means that you're changing the kind of scam you know for the greater likelihood that you'll get taken by the scam that's designed to fit in the loopholes left behind.

And then, there's the rest of the best posts of the week that was - all waiting for you below! Thank you for reading this week's edition of OMM and have a great weekend!

On the Moneyed Midways for August 13, 2010
Carnival Post Blog Comments
Best of Money Should You File That Insurance Claim? Personal Finance by the Book Joe Plemon's daughter was surprised to find out that she had been dropped by her homeowner's insurance company when her mortgage holder couldn't pay her annual premium from the mortgage escrow account. It turns out that having filed three claims (one 9 years ago, one 7 years ago and one just 18 months ago) were all it took for her insurer to cancel her policy. Here, Joe conveys what he learned about what claims to file, and what claims not to file to avoid that kind of situation altogether.
Carnival of Debt Reduction Consumer Debt Paid Off.. Now What? Canadian Finance Tom Drake and his wife have finally succeeded in paying off the last of their consumer debt and here, describes what they're going to do with the extra money they've learned to live without!
Carnival of Personal Finance New Tricks and Traps Evolve Ask Mr Credit Card We can't describe Mr Credit Card's post any better than carnival host Miss Thrifty did: "As regular readers of this blog will know, I am none too keen on credit cards. However Mr Credit Card highlights some of the sneaky new ploys upon which American card companies are drawing to fleece their customers – so if you are an American reader, this post is a must-read. Also, I’m pretty sure that it is the only blog post that I have read in which Citibank is compared to Lisa Simpson…" Absolutely essential reading!
Carnival of Real Estate Carnival of Real Estate Carnival of Real Estate It's back! Or rather, it soon will be back (on August 31) in a monthly format. We're just passing along new carnival organizer Jay Thompson's announcement to our readers who have missed the CoRE while it has been on hiatus….
Cavalcade of Risk Jump in the Pool, Make $50 Insureblog Hank Stern documents the pending September 1 opening of the Ohio High Risk Pool program (aka "ObamaPool", a subsidiary of "ObamaCare") and discovers that it's really a kind of lottery for the uninsured with pre-existing conditions who can't get their own regular health insurance. The first eligible uninsured people who sign up and use it will get the benefits of the program for their pre-existing conditions, while those who are slow in doing so will find themselves on a waiting list for both insurance coverage and for treatment after the token amount of money that has been set aside to support it has been spent. The Best Post of the Week, Anywhere!
Festival of Frugality How Saving $1 Can Really Save You Over $10 Squirrelers The Squirrelers remind us of the power of compound interest and the opportunity cost for not taking advantage of the opportunity to not spend even small amounts of money today.
Carnival of Money Stories Go Out to Lunch. Seriously. Surviving and Thriving Donna Freedman offers a checklist to follow for deciding if it's time to loosen your own purse strings.

OMM's Running Index for 2010

Presented in reverse chronological order....

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