How To Make Passive Earnings Online

Record $14 trillion-plus debt weighs on Congress

The United States just passed a dubious milestone: Government debt surged to an all-time high, topping $14 trillion — $45,300 for each and everyone in the country.

That means Congress soon will have to lift the legal debt limit to give the nearly maxed-out government an even higher credit limit or dramatically cut spending to stay within the current cap. Either way, a fight is ahead on Capitol Hill, inflamed by the passions of tea party activists and deficit hawks.

Already, both sides are blaming each other for an approaching economic train wreck as Washington wrestles over how to keep the government in business and avoid default on global financial obligations.

Bills increasing the debt limit are among the most unpopular to come before Congress, serving as pawns for decades in high-stakes bargaining games. Every time until now, the ending has been the same: We go to

Adjust your tax withholding now to boost your take-home pay or to avoid underpayment penalties when you file your 2010 tax return.

When you file your tax return each year, the amount of tax withheld from your paycheck or submitted through estimated quarterly tax payments ideally should match the amount of tax you owe. In reality, that seldom happens.

Most Americans are addicted to tax refunds, as evidenced by the fact that the average income-tax refund rose again this year to a record of nearly $2,900. In essence, more than 75% of U.S. taxpayers gave Uncle Sam an interest-free loan. Many of the remaining taxpayers ended up owing money, and some had to fork over an extra 10% penalty for having too little tax withheld throughout the year.

Both situations are easy to remedy, but you have to act before the end of the year. Just file a revised Form W-4 with your

The country’s continued economic doldrums have stores scrambling for the once-ignored low-end customer, as people make fewer costly shopping trips to stock their pantries, and increasingly, can only afford inexpensive items in small quantities like those sold at dollar stores.

Dollar stores have shown the biggest gain in shopper visits over the last year out of all the retailers that sell basic consumer goods, according to market research data. Manufacturers are racing to package more affordable versions of products common at those stores, and other budget retailers, feeling the loss of customers, are trying to duplicate their success.

Wal-Mart, the world’s largest retailer, is adding thousands of items to its shelves, including inexpensive ones, and is asking dollar-store suppliers to create small, under-a-dollar packages for its stores, too. In areas with high unemployment, Wal-Mart is grouping together its less than $1 items in a clear challenge to

An article on how the Billionaires spend their money. Read it carefully, you may get some tips how to spend our money wisely.

Carlos Slim Helu (Carlos Slim), a telecom tycoon and billionaire with well-known frugal tendencies, has a net worth of $60.6 billion, according to Forbes. Assuming no changes in his net worth, he could spend $1,150 a minute for the next 100 years before he ran out of money. To put this in perspective, he could spend in 13 minutes what a minimum-wage earner brings home after an entire year of the daily grind.

Granted, the world’s billionaires (all 1,011 of them) are in the debatably enviable position of having, quite literally, more money than they can possibly spend, yet some are still living well below their means, and save money in surprising places. Even non-billionaires (currently 6,864,605,142 of us) can partake in these seven spending tips from frugal billionaires:

1.

An ultra-strong glass that has been looking for a purpose since its invention in 1962 is poised to become a multibillion-dollar bonanza for Corning Inc.

The 159-year-old glass pioneer is ramping up production of what it calls Gorilla glass, expecting it to be the hot new face of touch-screen tablets and high-end TVs.

Gorilla showed early promise in the ’60s, but failed to find a commercial use, so it’s been biding its time in a hilltop research lab for almost a half-century. It picked up its first customer in 2008 and has quickly become a $170 million a year business as a protective layer over the screens of 40 million-plus cell phones and other mobile devices.

Now, the latest trend in TVs could catapult it to a billion-dollar business: Frameless flat-screens that could be mistaken for chic glass artwork on a living-room wall.

Because Gorilla is very hard to break, dent or scratch, Corning

Ask most high school guidance counselors, and they’ll tell you a college degree is your key to a well-paying job. But that’s not always the case. While lawyers, doctors, and many other professionals still require degrees, Al Lee, director of quantitative analysis at Payscale.com, helped us pinpoint several jobs that don’t.

But before you ditch your plans to attend a four-year college, note that these jobs do require specialized knowledge, obtained through either a vocational training program or an on-the-job education. (And many people in these occupations do have college degrees, so one certainly can’t hurt.)

“There’s no high-paying job that doesn’t require a high-level skill,” says Lee. “You can learn it on the job, but you’re going to have to learn it.” With the rising cost of college tuition, pursuing one of these career paths may make sense.

1. Freelance Photographer: $47,800 median salary
Lee says that non-degree jobs tend to fall

Good news to all Afghanistan people. The United States government has discovered nearly $1 trillion in untapped mineral deposits in Afghanistan, far beyond any previously known reserves and enough to fundamentally alter the Afghan economy and perhaps the Afghan war itself, according to senior American government officials.

The previously unknown deposits — including huge veins of iron, copper, cobalt, gold and critical industrial metals like lithium — are so big and include so many minerals that are essential to modern industry that Afghanistan could eventually be transformed into one of the most important mining centers in the world, the United States officials believe.

An internal Pentagon memo, for example, states that Afghanistan could become the “Saudi Arabia of lithium,” a key raw material in the manufacture of batteries for laptops and BlackBerrys.

The vast scale of Afghanistan’s mineral wealth was discovered by a small team of Pentagon officials and American geologists. The

Debrahlee Lorenzana is filing a lawsuit against Citibank because they fired her, she says, for the strangest reason: she’s too hot.

She’s 5’5”, 125 pounds and well, you’ve seen her photo.

“Where I’m from,” she told the Village Voice, “women dress up—like put on makeup and do their nails—to go to the supermarket… I was raised very Latin. We’re feminine. A woman in Puerto Rico takes care of herself.”

Her bosses told her that “as a result of the shape of her figure, such clothes were purportedly ‘too distracting’ for her male colleagues and supervisors to bear,” she says.

[Her two male] managers gave her a list of clothing items she would not be allowed to wear: turtlenecks, pencil skirts, and fitted suits. And three-inch heels.

From the Village Voice:

“As a result of her tall stature, coupled with her curvaceous figure,” her suit says, Lorenzana was told “she should not wear