German man charged with arson in New Year’s weekend fires that terrorized Los Angeles
News from Chicago Tribune:

LOS ANGELES (AP) — A German man was charged Wednesday with 37 counts of arson in connection with a rash of fires that terrorized Los Angeles over the New Year’s weekend.

Harry Burkhart, 24, was charged with 28 counts of arson of property and nine counts of arson of an inhabited structure, District Attorney Steve Cooley said.

The complaint alleged the arson was caused by the use of a device designed to accelerate the fire. Court documents revealed an incendiary device was placed under the engine area of cars.

More charges could be filed when Burkhart returns to court for arraignment on Jan. 24. He was ordered held on $ 2.85 million bail and could face several dozen years in prison if convicted.

“The amount of harm he did to the psyche of the citizens of these particular communities and all of Los Angeles County, I think it merits a life term,” Cooley said.

Burkhart is suspected of setting more than 50 blazes that caused an estimated $ 3…………… continues on Chicago Tribune

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U.S. Stocks, Euro Retreat on Europe Debt Concerns
News from Bloomberg:

Enlarge image

Asian Stocks Climb on U.S. Manufacturing

Figures of the Nikkei 225 Stock Average, far right, and the Topix Index, second from right, are displayed on an electronic board during a ceremony marking the first trading day of the year at the Tokyo Stock Exchange (TSE) in Tokyo.

Figures of the Nikkei 225 Stock Average, far right, and the Topix Index, second from right, are displayed on an electronic board during a ceremony marking the first trading day of the year a…………… continues on Bloomberg

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Cutting Your Credit Card Debt: How to Get Started

Posted by administrator | 04/01/12 | Tagged Credit Card Debt

Cutting Your Credit Card Debt: How to Get Started
News from Town Hall:

Dear Carrie: Please help. I’m determined to get out from under my credit card debt this year, but don’t know how to get started. I’m currently earning $ 50,000 a year as an administrative assistant, but I owe $ 20,000 on my three cards. I’m afraid I’ll never get on top of it! –A Reader

Dear Reader: Just by asking for some advice, you’ve taken a vital first step towards getting on top of your credit card debt — so congratulations for taking control. I won’t sugarcoat your challenge: This won’t be easy, and it will almost certainly take you longer than a year. You’ll need your determination and some discipline. So let’s get to work.

FIRST: STOP USING YOUR CARDS

At the risk of sounding obvious: Stop using your cards, and use cash or checks instead. Not only will this slow…………… continues on Town Hall

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Credit Card Interest Rates Hit Record Highs As Companies Market Themselves More Aggressively
News from Huffington Post:

If one of your New Year’s resolutions is to pay off your credit card debt, be advised that it’s getting harder all the time. That’s because credit card interest rates climbed to record highs last month, reaching an average of 15.22 percent, according to the consumer information site CreditCards.com.

The rising rates reflect an ongoing push-and-pull between the people who use credit cards and the companies that distribute and collect on them. With the economy stuck in low gear, and with an increasing number of Americans working low-paying jobs continues on Huffington Post

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Kim Kardashian to play a fame-obsessed reality star on ‘Last Man Standing’
News from HitFix:

Kim Kardashian appears at a Bloomingdale’s event to promote her Belle Noel line of jewelry in New York City. You go, girl.

Credit: AP Photo/Charles Sykes

Perhaps hoping to distract from the wave of controversy surrounding the quick dissolution of her marriage to New Jersey Nets player Kris Humphries last month, reality star/”actress” Kim Kardashian will be guest-starring on ABC’s hit freshman series “Last Man Standing” starring Tim Allen in an episode to air sometime in February. Kardashian will be playing…well, herself, in a storyline that will have Allen’s reality TV-obsessed daughter Mandy (Molly Ephraim) unexpectedly running into the tabloid magnet. Super-hilarious shenanigans ensue.

The news was broken by TVLine.

This isn’t the first time Kardashian has set her sights on actual…………… continues on HitFix

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And Now You Can Use Facebook To Share Your Citibank Rewards Points With Your Friends
News from The Business Insider:

Image: Wikimedia Commons

NEW YORK (AP) — Credit card rewards are the new social currency.

Citibank customers can now use Facebook to pool their rewards points online.

The bank on Tuesday launched a Facebook application that lets users team up to use their points, whether it’s for charity, a group gift or a personal goal. Citi says it’s the first bank to offer such a feature.

The app builds on a service Citi introduced last year that lets customers transfer points to one another on the bank’s homepage. After getting feedback, executives decided to expand the rewards sharing capability and offer it through social media.

“Now we’…………… continues on The Business Insider

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