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August 12, 2011

The Dangers of Reverse Mortgages
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Could there be another ticking financial time bomb out there? One consumer group says reverse mortgages are a serious problem. Then, you visit the grocery store and buy local produce, because it seems like the right thing to do. But, are you eating responsibly? What you think about food may be wrong.
Episode Segments:
InfoTrak: Understanding Reverse Mortgages
Chuck Bell, Programs Director for Consumers Union, the publisher of Consumer Reports magazine discusses the dangers of reverse mortgages, which are often pitched to senior citizens. He said reverse mortgages can be terrible for customers who dont understand the complicated rules governing them and how quickly fees and interest charges can balloon.
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InfoTrak: Eating Responsibly
Prof. James E. McWilliams, author of Just Food: Where Locavores Get It Wrong And How We Can Truly Eat Responsibly discussed the confusing messages about ethical, sustainable, and healthy eating these days. He talked about the locavore movement and the surprising fact that shopping at the farmer's market can actually emit more carbon than shopping at the local grocery store. He explained how consumers can make environmentally wise choices when shopping for food.
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InfoTrak: Starting Your Own Business
Despite the economic turmoil, Richard Hooker, author of Shoestring Venture: The Startup Bible believes today is still a good time to start a business. He explained the most common mistakes budding entrepreneurs make, and the most important steps to take in planning a business start-up.
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