College grads make a million dollars more in their lifetime? Statistics and false correlation.

Post hoc ergo propter hoc – “false cause” fallacy. This topic has been written about fairly recently:  (See Forbes:  The College Hoax).  However, it has really started to irk me because of the commercials on cable TV quoting this erroneous statistic. Some cause for concern: The number is not a comparison of lifetime earnings […]

Fifth Third Bank “Early Access” Check Advances

Fifth Third Bank has been pushing this “service” pretty hard at their branches.  It’s basically a pre-authorized payday loan account that you can access through your online account access (for a small 10% advance fee).   I guess they need a replacement for bad home loans.  Their stock price, as of this writing, is in the […]