Clark Howards Credit Card Debt


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Tropicana bondholders sue Yung for default

Tropicana's New Jersey gaming license was revoked after two-week hearing in which former employees and customers complained about the elimination of hundreds of casino jobs, causing customer-service problems and dirty hotel rooms.

Derek Haught, vice president of finance for Tropicana Entertainment, said the company is working on a statement about the lawsuit that will be filed with the U.S. Securities and Exchange Commission later Wednesday.

"We don't think there's any merit to the lawsuit," Haught, said.

Columbia Sussex, based in Fort Mitchell, is a hotel and casino investor.

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Striker Edison Mendez quits Ecuador squad due to personal problems and ...

Mendez, who has played for PSV since 2006, has been a key member of Ecuador's squad, which will play Argentina in June in a 2010 World Cup qualifying match.

Ecuador first played at the World Cup in 2002 in South Korea and Japan. It advanced to the second round in 2006 in Germany.

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Pistorius to appeal IAAF block

Blade runner' Oscar Pistorius is set to take his case to the Court of Arbitration for Sport (CAS) after he was blocked from competing in this summer's Olympic Games.

The International Association of Athletics Federations (IAAF) barred the double amputee from participating in Beijing because his prosthetic legs were deemed an unfair advantage.

"We would have to sit down with our legal team in terms of the way forward," Pistorius' agent Peet van Zyl told BBC Radio Five Live. "I am disappointed, but the natural feeling from our side would be to appeal the verdict and see what avenues we can take forward."

He added: "Oscar wants to prove that he isn't getting an advantage."

World athletics' governing body announced their decision on Monday morning after studying the findings of a two-day independent scientific investigation held last November.


Snow Moves Through Parts Of North Texas

The heaviest snow moved through the metro area between 8 p.m. and 11 p.m. and then headed east. "It's like a mixture of snow and hail at the same time," said North Texas resident Wes Brown."Someone was saying earlier, they had a sunburn on Saturday and now this," said Weatherford resident Kim Cherryhomes. "It's typical crazy Texas weather." Early Monday morning, high winds managed to topple trees and power lines in Mineral Wells, Canton and Athens. "The wind feels like a knife," said North Texas resident Todd Howard. DFW Airport officials canceled 111 flights for Monday evening in anticipation of the weather. "It's strange," said Weatherford resident Penny Means. "We were under a tornado watch just last night, and now it's going to snow today." (© MMVIII, CBS Broadcasting Inc. All Rights Reserved.)

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Away team

The couple launched their appeal from their local pub, the Birches in Market Street, where a lot of items were brought in.

They also received strips from Whitworth Valley Football Club and 15 new shirts from Hornets.

The boys were thrilled to replace their tops and soon afterwards Darren and Karen, who live in Tonacliffe Road, were invited to return and watch them play football in their new shirts.

Although the home receives government funding of 200 rupees per boy (about £2.20), the total cost of food, education and health care adds up to 11,340 rupees per child a year, so much more money has to be raised.

Darren said: "The home is open to all boys aged from eight to 13, irrespective of caste, creed or religion.

"Priority is given to orphans, followed by those from very poor families or broken homes.


Rhetoric will leave off where McCain begins

In one sentence on primary night in Wisconsin, U.S. Sen. John McCain nailed Barack Obama — and defined precisely the terms of the fall campaign.

Be not intimidated by the growing certainty that the rhetorically gifted Obama, and not his fingernails-across-the-chalkboard opponent, will emerge as McCain's opponent in November. With Hillary came the high negatives that gave Republicans hope of a built-in general election advantage. With Obama comes an army of high-end liberals, affluent and well-educated, along with an energized swell of blacks and the young drawn specifically to him. The prospect of running against a "movement" has unnerved some Republicans, to say nothing of those — affiliated or not — who have listened to Democrats lay out their vision for America through a long series of debates.


Sports Columnists

We don't need to see your face to confirm that.

"I know who owns the Steelers. I don't see Dan Rooney. I know who owns the Giants. I don't need to see his face. I know who owns the Patriots. We don't need to see you to confirm how much money and how much authority you have."

Others concurred in what has been the center of the NFL's universe with the Super Bowl around. This also has become the definitive place to get a sense of what the Falcons' peers think of a franchise that has witnessed everything during the past few months from its franchise quarterback sitting in prison to its owner hiring a general manager after a Webcam interview.

Those peers generally responded to it all with a head shake, a chuckle of disbelief and something unprintable for a family newspaper.


Visa Charges On

Not the best time, you might think, to sell shares in the biggest initial public offering (IPO) in Wall Street history. Especially not a financial IPO. Yet here we have credit-card giant Visa, now owned by its member banks, announcing plans to peddle up to 446 million shares of stock in late March for an expected take of between $15 billion and $19 billion.

Giant IPOS are usually a sign of good, or at least frothy, times. The current record haul for a U.S. IPO, $10.6 billion, was reaped by AT&T Wireless in April 2000--just after the great tech-stock bubble began to deflate but before anybody realized it. (The world-record holder is and apparently will remain the Industrial & Commercial Bank of China, which raised $21.6 billion in an IPO in 2006.)

What gives with Visa? One possibility is that the company and its investment bankers are deluded and the IPO will crash and burn--but the current thinking on the Street is that it won't have trouble finding buyers.


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Swipe and ride: CTA taking credit cards

Like so many fast food restaurants, grocery stores and New York City's transit system before it, the Chicago Transit Authority is now trotting out credit-card friendly vending machines allowing riders to use their plastic to buy a ride.

On Monday, CTA officials announced they were installing 60 new express farecard vending machines allowing riders to use credit cards to buy and add value to CTA fare cards.

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