Keyword: money

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  • Projections Show Schools Get More Even With Road Funding Shift

    12/17/2014 9:03:46 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 12/16/2014 | Jack Spencer
    State funding for public schools is projected to increase by $2.5 billion over the next eight years, even if a House GOP plan is adopted that would shift some sales tax revenue from schools to roads, according to a Mackinac Center for Public Policy analysis. James Hohman, assistant director of fiscal policy for the Mackinac Center, projects that under the House-passed road plan, school funding will still increase from $11.5 billion in 2014 to $14.0 billion in 2023. Without the House plan, the School Aid Fund would increase to $14.9 billion by 2023. The projections are based on an estimate...
  • Diane Feinstein Is Just Another Pig At The trough in D.c. Power & Money

    12/15/2014 6:58:59 PM PST · by Stayfree · 5 replies
    Stayfree | December 15, 2014 | Self(vanity)
    This pig and her pig husband have made millions self-dealing with the federal government without proper bidding, and she uses her position of power to try and denigrate the Republicans and Bush with the release of this B.S. report about illegal interrogation methods. This is not a patriot, this is a pig trying to destroy her opposition while she feeds at the trough...disgusting to say the least and illegal at the worst. We need to clean house quick or people like her will destroy our country right before our eyes just like Obama is doing.
  • China: Power plant burns banknotes instead of coal

    12/15/2014 6:27:35 AM PST · by C19fan · 8 replies
    BBC ^ | December 10, 2014 | Staff
    The power plant in Luoyang, central Henan Province, is burning old and damaged banknotes instead of coal - the first time this has been done in China, the official Xinhua news agency reports. The plant says one tonne of notes can generate more than 600 kWh of electricity, and is better for the environment than burning coal. The country's central bank, the People's Bank of China, has given permission for the notes to be burned, and says it's an efficient way to make electricity. With the province's unused paper money the company "can help generate 1.32 million kWh of electricity...
  • State School Board Cites Funding 'Facts' That Ignore Billions in Spending

    12/12/2014 8:40:48 AM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 12/10/2014 | Tom Gantert
    A Nov. 12 memo by State Board of Education President John Austin cited a report issued by a liberal think tank to support the claim that Michigan schools are receiving less money. Austin now says he will "take a look at” the report he cited, which fails to account for billions of dollars that Michigan schools receive. The analysis from the Center on Budget and Policy Priorities failed to include about $10 billion of the $19.6 billion from different revenue sources that comprise the annual public school budget. The report also ignores several billion dollars directly from state sources. In...
  • Democrats Vote to Shut Down Government

    12/12/2014 4:11:17 AM PST · by Yosemitest · 16 replies
    www.RushLimbaugh.com ^ | December 11, 2014 | Rush Limbaugh
    Democrats Vote to Shut Down Government December 11, 2014 by Rush Limbaugh BEGIN TRANSCRIPT RUSH: Okay. We have a vote on the rule on the budget resolution in the House called the cromnibus omnibus and it's a little bit in the weeds to explain this,therefore nobody better than me to do it.What just happened isthat THE RULE setting the stage for the vote later BARELY PASSED.They had to vote on the rule, the procedure, in order to set the stage for the vote on the final passage of the omnibus bill in the House of Representatives. The vote was...
  • Lending Club Set to Debut, and Industry Is Watching

    12/11/2014 6:37:51 AM PST · by SoFloFreeper · 2 replies
    NY TIMES ^ | 12/10/14 | MICHAEL J. DE LA MERCED
    Search SHARETWEETMORE SUBSCRIBELOG IN DealBook Lending Club Set to Debut, and Industry Is Watching By MICHAEL J. DE LA MERCED DECEMBER 10, 2014 When Lending Club makes its debut on the New York Stock Exchange on Thursday, it will carry the hopes of an entire industry. The company, whose online marketplace matches people who are seeking loans with investors willing to provide them, emboldened its peers late Wednesday when it raised about $870 million in its initial public offering, surpassing expectations. Lending Club’s offering — which values the company at $5.4 billion — will set a template for potentially dozens...
  • U.S. PRESIDENTS, RANKED BY WEALTH [Using 2010 dollars]

    12/10/2014 7:20:16 AM PST · by SoFloFreeper · 5 replies
    supercompressor.com ^ | 10/15/14 | ETHAN WOLFF-MANN
    îť„ expand slideshow to fullscreen U.S. Presidents, Ranked By Wealth U.S. Presidents, Ranked By Wealth jornal.us Posted on 10/15/14 By Ethan Wolff-Mann @ewolffmann Share on Facebook Pin it on Pinterest Tweet this article Share this article on Google+ 197339 America might not have a royal family, but it's sure had a pretty large correlation between wealth and power, especially in our early years. Fueled by a heavy dose of curiosity, Wikipedia, and the public domain repository of presidential portraits, below we've ranked all the presidents by net worth*.Perhaps the biggest conclusions from this list? Family money + law firms...
  • The Devils will show Antichrist where all monies are hid

    12/06/2014 9:44:44 AM PST · by cleghornboy · 12 replies
    La Salette Journey ^ | December 6, 204 | Paul Melanson
    In his classic treatise on the coming Antichrist entitled "The History of Antichrist," Rev. Pascal Huchede, who served as Professor of Theology at the Grand Seminary of Laval, France, explains that: "To insure the success of his enterprise, he will employ means that naturally secure the service of men, such as imposture, recompense, violence, and miracles. I. Imposture By his deceitful craft he will detach the minds and hearts of all peoples from the religion of Jesus Christ. By his incomparable eloquence he will represent Jesus as an imposter; he will attack His doctrine and institutions, according to the teachings...
  • Union Executives Take Big Pay Raises While Liabilities Continue to Grow

    12/05/2014 1:06:54 PM PST · by MichCapCon · 13 replies
    Capitol Confidential ^ | 12/2/2014 | Tom Gantert
    While some of its dues-paying members are taking pay freezes, top executives of the Michigan Education Association took salary raises ranging from $13,591 to as high as $48,385 in 2014, according to the financial reports the union recently filed with the U.S. Department of Labor. Rick Trainor, the MEA’s secretary-treasurer, had the biggest increase. His salary jumped 44 percent from $109,911 to $158,296. Nancy Strachan, the MEA vice president, saw her salary increase 16 percent from $124,603 to $144,700. Steve Cook, the union's president, had his salary increase 11 percent from $182,698 to $203,144. Gretchen Dziadosz, the MEA’s executive director,...
  • New Signs Gold And Silver Are Returning As Monetary Assets

    12/04/2014 6:41:45 PM PST · by blam · 22 replies
    TMO ^ | 12-4-2014 | Stefan Gleason
    December 04, 2014 Stefan Gleason writes: Much to the chagrin of the financial elite, gold and silver are reentering the American consciousness and starting to shake the wing nutty image of their recent past. But it’s taken a global financial crisis to get the public’s attention – one that could wipe out our nation at almost any moment. The U.S. government’s role in the economy is on a seemingly interminable upward trajectory. The government’s official debt balance that just crossed the $18 trillion mark (with additional unfunded liabilities estimated at more than $100 trillion). Half the population now lives in...
  • Most College Students Don’t Earn a Degree in 4 Years, Study Finds

    12/02/2014 7:22:24 AM PST · by afraidfortherepublic · 81 replies
    NYT ^ | 12-2-14 | Tamar Lewin
    The vast majority of students at American public colleges do not graduate on time, according to a new report from Complete College America, a nonprofit group based in Indianapolis. “Students and parents know that time is money,” said the report, called “Four-Year Myth.” “The reality is that our system of higher education costs too much, takes too long and graduates too few.” At most public universities, only 19 percent of full-time students earn a bachelor’s degree in four years, the report found. Even at state flagship universities — selective, research-intensive institutions — only 36 percent of full-time students complete their...
  • Agency: $443,000 on Gruber analysis of Obamacare in Wisconsin long spent

    11/28/2014 12:56:40 PM PST · by afraidfortherepublic · 14 replies
    The Wisconsin Reporter ^ | 11-25-14 | M. D. Kittle
    MADISON, Wis. — The “architect” of Obamacare who suggested the “stupidity of the American voter” helped pass President Obama’s signature health-care reform law hauled in $200,000 from Wisconsin taxpayers for his analysis of the potential costs and impacts of the Affordable Care Act on the Badger State, according to the state Department of Health Services. In total, taxpayers spent $443,718 for MIT economist Jonathan Gruber and a firm to analyze the actuarial and economic impacts of the Affordable Care Act on Wisconsin health insurance markets, according to records obtained by Wisconsin Reporter. The remaining $243,718 went to Gorman Actuarial LLC,...
  • German Catholic bishops tabled allowing Church to divorced-remarried or Sodomite pseudo-married

    11/27/2014 9:44:28 AM PST · by CharlesOConnell · 4 replies
    Catholic Culture Org ^ | November 26, 2014 | Dr. Jeff Mirus
     German bishops weigh hiring homosexual partners, remarried divorcés  Catholic World News - November 26, 2014 The German Catholic bishops have discussed—but eventually tabled—a proposal to allow Church institutions to hire workers who are divorced and remarried, or who are in active homosexual relationships.   Current Church policies forbid the hiring of employees whose living arrangements are in clear contradiction of Christian moral law. But journalist Edward Pentin reports that at a meeting this week, a majority of the German bishops, led by Cardinal Reinhard Marx, were prepared to change that policy.   The drive for change was stalled, at least temporarily,...
  • Falling inflation a worry for Europe but also the world

    11/23/2014 6:55:14 PM PST · by Tolerance Sucks Rocks · 60 replies
    Reuters ^ | November 23, 2014 | Ross Finley
    (Reuters) - European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe has held back global economic growth for years, and now it is contributing significantly to powerful forces already dragging down inflation across the globe. A spectacular drop in crude oil prices over the past month will be the center of discussion when ministers from the world's top oil exporters meets in Vienna on Friday.
  • Legislators Block Low-Cost Eye Exams in Michigan

    11/19/2014 11:05:27 AM PST · by MichCapCon · 16 replies
    Michigan Capitol Confidential ^ | 11/17/2014 | Anne Schieber
    Starting next month, consumers nationwide will be able to take a $30 online eyeglass exam and get a prescription from the convenience of their home – but Michigan residents will be left in the dark. That's because last spring the Michigan Legislature passed – and Gov. Rick Snyder signed into law – Senate Bill 853, which bans automated eye exam and eyeglass kiosks. Although the company offering the online eye exams doesn’t think the law applies to them, the founder said he doesn't want to take any chances by operating in Michigan. “We're afraid that even if our lawyers give...
  • Post election myths

    11/17/2014 7:56:10 AM PST · by Leroy S. Mort · 2 replies
    Longboat Key News ^ | Nov 17, 2014 | Tom Burgum
    In the aftermath of almost any election, commentators and talking heads perpetrate a number of myths that purport to explain why whatever happened, happened. The losing side usually is active in this effort in order to explain why they were pummeled by the electorate. The aftermath of the 2014 midterm elections is no different.The corrupting influence of money especially that spent on behalf of the other side is a myth that plays into the hallmark of progressive politics, at least in its current incarnation. This line of reasoning is very current in the post election debate.Last Wednesday, the day after...
  • WARNING Bank Deposits Will Soon No Longer Be Considered Money But Paper Investments

    11/16/2014 7:23:09 PM PST · by dontreadthis · 88 replies
    Economic Policy Journal ^ | NOVEMBER 13, 2014 | Kenneth Schortgen Jr
    This weekend the G20 nations will convene in Brisbane, Australia to conclude a week of Asian festivities that began in Beijing for the developed countries and major economies. And on Sunday, the biggest deal of the week will be made as the G20 will formally announce new banking rules that are expected to send shock waves to anyone holding a checking, savings, or money market account in a financial institution. On Nov. 16, the G20 will implement a new policy that makes bank deposits on par with paper investments, subjecting account holders to declines that one might experience from holding...
  • CCP “contagion” fears spark derivatives debate

    11/13/2014 9:41:06 PM PST · by TigerLikesRooster · 13 replies
    banking technology ^ | 13 November, 2014 | Elliott Holley
    CCP “contagion” fears spark derivatives debate 13 November, 2014 Written by Elliott Holley Controversy over the handling of derivatives dominated talk at the Mondo Visione Exchange Forum this week, where panellists contested the value of interoperability and whether CCP contagion might bring down the financial system. “Regulators should absolutely not allow interoperability for derivatives,” said Philip Simons, head of OTC derivatives business at Eurex Clearing. “It creates systemic risk. If one clearing house goes down, it would result in contagion as it would bring down all the others. CCPs are phenomenally under-capitalised. They could easily fall over.” Simons added that...
  • Man embeds computer chips in hands to store Bitcoin [Mark of the Beast?]

    11/11/2014 6:44:51 AM PST · by Red Badger · 31 replies
    www.telegraph.co.uk ^ | 3:41PM GMT 10 Nov 2014 | By Matthew Sparkes, Deputy Head of Technology
    By implanting 12mm glass computer chips in his flesh Martijn Wismeijer has been able to store Bitcoins inside his body, create a personalised alarm clock and will even be able to install keyless doors in his home. But how painful is the injection? A Dutch entrepreneur has had two wireless computer chips implanted under the skin in his hands to allow him to store digital currencies like Bitcoin inside his body. Martijn Wismeijer is the founder of Mr Bitcoin, a company which installs and operates crypto-currency cash machines in and around his native Amsterdam and across Europe. This month he...
  • The $9 Billion Witness: Meet JPMorgan Chase's Worst Nightmare (Fake Story)

    11/08/2014 9:50:08 AM PST · by Bigun · 14 replies
    Rolling Stone ^ | November 6, 2014 | Matt Taibbi
    Meet the woman JPMorgan Chase paid one of the largest fines in American history to keep from talking By Matt Taibbi | November 6, 2014 "It was like watching an old lady get mugged on the street," she says. "I thought, 'I can't sit by any longer.'" Fleischmann is the central witness in one of the biggest cases of white-collar crime in American history, possessing secrets that JPMorgan Chase CEO Jamie Dimon late last year paid $9 billion (not $13 billion as regularly reported – more on that later) to keep the public from hearing. Back in 2006, as a...
  • Today's Word with Joel Osteen - November 7, 2014 [Devotional]

    11/07/2014 3:18:37 PM PST · by Vision · 13 replies
    Email ^ | 11/7/14 | Joel Osteen
    Good Ground that Produces Today's Scripture “Still other seeds fell on fertile soil, and they produced a crop that was thirty, sixty, and even a hundred times as much as had been planted!” (Matthew 13:8, NLT) Today's Word from Joel and Victoria In life, there are many kinds of seeds we can sow, but do you know what produces the best crop? The seed of God’s Word planted on the soil of our hearts. The more of the Word you take into your heart, the more abundant the harvest will be. Our job, as believers, is to make sure...
  • Greenspan's Stunning Admission: "Gold Is Currency; No Fiat Currency, the Dollar, Can Match It"

    11/07/2014 2:40:45 PM PST · by blam · 35 replies
    Zero hedge ^ | 11-7-2014 | Tyler Durden
    Tyler Durden 11/07/2014 For some reason, the Council of Foreign Relations, where ex-Fed-Chief Alan Greenspan spoke last week, decided the following discussion should be left out of the official transcript. We can perhaps understand why... as Gillian Tett concludes, "comments like that will be turning you into a rock star amongst the gold bug community." Greenspan (Uncut):(Click to the site to see the video) TETT: Do you think that gold is currently a good investment? GREENSPAN: Yes... Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the...
  • Job news!!!

    11/07/2014 1:15:17 PM PST · by deputytess · 9 replies
    I got a part time job in a Des office as a receptionist, but I may be able to use my phlebotomy skills to. Thanks for all your prayers. :)
  • Ruble Rout Accelerates as Russia's Central Bank Stands Aside(free fall?)

    11/06/2014 6:46:56 PM PST · by TigerLikesRooster · 22 replies
    Reuters ^ | Nov. 06 2014
    Ruble Rout Accelerates as Russia's Central Bank Stands Aside Reuters Nov. 06 2014 18:15 Last edited 21:33 The Russian currency plunged almost 4 percent against the U.S. dollar Thursday amid relentless selling pressure after the Central Bank announced it was limiting market interventions to defend the ruble. The ruble dropped to 46.7 versus the dollar early evening in Moscow, a historical low, while also falling below the mark of 58 to the euro for the first time ever. The declines mean the ruble has fallen over 40 percent against the greenback since the start of the year.
  • Harry Reid raises impeachment … to raise last-minute election money

    10/31/2014 6:19:20 AM PDT · by Enlightened1 · 60 replies
    Senate Majority Leader Harry Reid warned in a fundraising pitch Wednesday that Republicans could try to impeach and remove President Obama from office if the GOP wins control of the Senate in next week’s elections. “Frankly, a Republican House and Senate could go beyond shutting down the government — they could waste months of our lives on impeachment,” Mr. Reid said in a fundraising email sent by the Progressive Change Campaign Committee, which is an outside group whose goal is to bolster liberal Democrats.
  • 'If my kids want to go to college, they'll have to pay themselves'

    10/28/2014 5:03:57 PM PDT · by CorporateStepsister · 124 replies
    Daily Mail ^ | 28 October 2014 | Erin Clements for MailOnline
    A father of eight has sparked controversy by refusing to save money for his children’s college education. Guerilla Parenting author David T. Fagan told the Washington Post that college is 'a lot of wasted time' and if his children want to attend, they will have to pay for it themselves. The 37-year-old marketing entrepreneur, whose family lives in Orange County, California, added to MailOnline: 'The focus is too much on a piece of paper and not enough on self-reliance.'
  • Without Lucrative Market, Potential Ebola Vaccine Was Shelved for Years

    10/23/2014 7:59:46 PM PDT · by CorporateStepsister · 41 replies
    New York Times ^ | October 23, 2014 | Michael Stravato
    GALVESTON, Tex. — Almost a decade ago, scientists from Canada and the United States reported that they had created a vaccine that was 100 percent effective in protecting monkeys against the Ebola virus. The results were published in a respected journal, and health officials called them exciting. The researchers said tests in people might start within two years, and a product could potentially be ready for licensing by 2010 or 2011. It never happened. The vaccine sat on a shelf. Only now, with nearly 5,000 people dead from Ebola and an epidemic raging out of control in West Africa, is...
  • Who Mines The Dilithium?

    10/22/2014 10:26:03 PM PDT · by 2ndDivisionVet · 43 replies
    Hot Air ^ | May 15, 2009 | Doctor Zero
    One of my favorite little moments in the very entertaining new “Star Trek” movie comes when the young James T. Kirk activates the computer system of a car he swiped for a joyride, and the Nokia logo comes up. It’s nice to see Nokia’s still in business in the twenty-third century. Such simple touches help to humanize the Star Trek universe, which had drifted a bit too far from recognizable human experience for audiences to fully engage with its characters. The presence of a good old-fashioned corporate logo in the new movie put me in mind of a long-ago, free-wheeling,...
  • Determines the Allocation of Scarce Resources in a Free Society

    10/22/2014 1:47:50 PM PDT · by FreedomFighter1013 · 16 replies
    citizen5408.com ^ | Saturday, August 09, 2014 | Greg C.
    A recently debate on Facebook required that I Voxsplain how a free society allocates resources to a group of feeling, sensing liberals who don't have the slightest idea of economics. In fact, when it comes to Economics, they resort to "magical thinking." I've often thought that it is easy to describe a Democrat: simply picture a Republican, then take away reason and accountability. (Hat tip to Mark Andrus, As Good As it Gets) So, I think it's rather funny that you guys want to lecture me on science, but you don't spend a minute thinking about the humble science of...
  • The Rich Can Stop Worrying About A Middle-Class Revolution

    10/22/2014 7:58:05 AM PDT · by blam · 13 replies
    Yahoo - Finance ^ | 10-22-2014 | Rich Newman (^6-27-2014)
    Rich NewmanWednesday, October 22, 2014A stagnant economy has undoubtedly put a lot of financial stress on the middle class. And that is bumming out America’s 1 percenters. “Our country is rapidly becoming less a capitalist society and more a feudal society,” entrepreneur Nick Hanauer wrote recently in Politico, in an open letter to “my fellow zillionaires.” Hanauer — an early investor in Amazon (AMZN) who says he has been involved with more than 30 startups — cites the well-documented rise in income inequality during the past 30 years as the ultimate cause of a Mad Maxian dystopia he envisions. "If...
  • Richest people in each U.S. state: See who represents Florida

    10/22/2014 5:27:44 AM PDT · by SoFloFreeper · 8 replies
    bizjournals.com ^ | 10/17/14 | Megen Ribbens
    Wealth-X this week released its list of the richest person in each of the 50 states and ranked them by estimated net worth. Micky Arison, chairman of Carnival Corp. — the world's largest cruise line, is the wealthiest individual in Florida with an estimated net worth of $6.5 billion.....
  • Photo-Cop Camera Advocates Shift To Speeding

    10/20/2014 6:38:47 AM PDT · by MichCapCon · 12 replies
    Capitol Confidential ^ | 10/17/2014 | Jack Spencer
    Legislators have come back again with a second attempt in two years to authorize automated traffic enforcement cameras on Michigan's streets and roads. Under Senate Bill 1063, photographs taken by the cameras would be used to identify vehicles that have allegedly exceeded the speed limit. Owners of the vehicles would then be cited for violations and, unless they fought the charges, have to pay fines. According to the MichiganVotes.org description of the bill, "Local governments could contract out the operation of the cameras, and keep 56 percent of the fine revenue." The companies that produce and operate the camera systems...
  • If I don't cash a "Class Action" Lawsuit Check from Toyota, Who Gets the Money?

    10/17/2014 11:25:15 AM PDT · by SoFloFreeper · 30 replies
    Please be advised that all appeals to the Settlement have been resolved in favor of the settlement and that the Settlement is now final.
  • As Mexico cracks down, drug money comes to US

    10/11/2014 8:40:40 AM PDT · by stevie_d_64 · 12 replies
    AP ^ | 10/11/2014 | ELLIOT SPAGAT
    CHULA VISTA, Calif. (AP) — For a company that booked $12 million in annual sales importing snacks like chile- and lime-flavored chips from Mexico, Baja Distributors Inc.'s offices were oddly quiet. There were no signs outside. Its small warehouse was almost empty. Phones went unanswered. Investigators say there was a reason for the anonymity: The business was laundering money from Mexican drug traffickers. Baja Distributors, whose executives denied laundering drug money, brought more than $17 million from Mexico in 18 months. U.S. front companies for cartels aren't new, but U.S. officials say they took a more prominent role after Mexico...
  • With world economy stuttering, governments urged to open purse

    10/10/2014 8:36:42 PM PDT · by 2ndDivisionVet · 17 replies
    GMA News / Reuters ^ | October 10, 2014 | Howard Schneider and Anna Yukhananov
    World economic leaders are being urged to rally around a plan to let government do what it does best - spend money - in an effort to buoy a global economy that remains slack and slowing. The effort comes as six years of crisis fighting have lapsed with little guarantee the world economy is on a stable footing. Germany is in danger of slipping into recession, China has slowed, and U.S. policymakers are concerned a fresh bout of global weakness will stymie the U.S. recovery as well. International Monetary Fund Managing Director Christine Lagarde issued a blunt call on Thursday...
  • Harry Reid's Theme Song

    10/09/2014 2:33:18 AM PDT · by Arthur McGowan · 3 replies
    YouTube ^ | 1956 | Paul Frees
    Money
  • President Obama in City Today for DNC Fundraisers

    10/07/2014 9:41:59 AM PDT · by SoFloFreeper · 11 replies
    twc news ^ | 10/7/14
    .....Obama is coming to the city today to raise money for the Democratic party. The president is expected to arrive at JFK Airport around 1:30 p.m. From there he will head to Manhattan for two events involving the Democratic National Committee.
  • 10 quotes that reveal how profitable abortion is

    10/04/2014 5:04:28 PM PDT · by Morgana · 17 replies
    LIVE ACTION ^ | Sarah Terzo
    Abortion doctors face stigma from the medical community and society, protests and pressure from pro-lifers, and the emotionally disturbing aspects of the abortion procedure which often includes sorting through individual body parts, i.e., arms, legs, etc. So why do they do it? For some, the motive may be as simple as making money. Here are some quotes from abortion providers, from now and in the past, that indicate how profitable abortion can be. 1.) “It started out as a financial thing. But I got heavy into the [abortion rights] movement and realized there was a lot of need for physicians…....
  • ARGENTINA CRASHES

    10/02/2014 11:22:04 AM PDT · by blam · 23 replies
    BI ^ | 10-2-2014 | Linette Lopez
    October 2, 2014Linette Lopez Argentina's Merval stock index is down about 7% Thursday after taking an 8% beating Wednesday as well. The selling off is all likely due to Wednesday's news that the country's Central Bank head, Juan Carlos Fabrega, resigned from his post. The rumors that he was out started swirling around in the Argentine media Wednesday morning. Fabrega was in favor of negotiating with the group of hedge fund creditors whose lawsuit for over $1.3 billion in sovereign debt tipped the country into default at the end of July. Reports also indicated that he did not get along...
  • Feds Wonder Why Fat Girls Can’t Get Dates

    10/02/2014 11:21:08 AM PDT · by SoFloFreeper · 107 replies
    Washington Free Beacon ^ | 10/1/14 | Elizabeth Harrington
    NIH spends $466,642 to determine if it’s all about that bass The federal government is spending nearly a half a million dollars to find out why obese teenage girls have a hard time getting dates. The National Institutes of Health (NIH) awarded a $466,642 grant last week for the study, which will examine whether social skills have an impact on why obese girls have fewer dating experiences than their less obese counterparts.
  • Billionaires are hoarding piles of cash

    09/22/2014 4:15:05 PM PDT · by SkyPilot · 87 replies
    CNBC ^ | 22 Sep 14 | Robert Frank
    Billionaires are holding mountains of cash, offering the latest sign that the ultra-wealthy are nervous about putting more money into today's markets. According to the new Billionaire Census from Wealth-X and UBS, the world's billionaires are holding an average of $600 million in cash each—greater than the gross domestic product of Dominica. That marks a jump of $60 million from a year ago and translates into billionaires' holding an average of 19 percent of their net worth in cash. "This increased liquidity signals that many billionaires are keeping their money on the sidelines and waiting for the optimal moment to...
  • US will not commit to climate change aid for poor nations at UN summit

    09/20/2014 6:57:35 PM PDT · by Dallas59 · 24 replies
    Guardian ^ | 9/20/2014 | Suzanne Goldenberg
    Barack Obama will not be pledging any cash to a near-empty fund for poor countries at a United Nations summit on climate change next week, the UN special climate change envoy said on Friday. The UN secretary general, Ban Ki-moon, has challenged the 125 world leaders attending the 23 September summit to make “bold pledges” to the fund, intended to help poor countries cope with climate change. The UN has been pressing rich countries to come up with pledges of between $10bn and $15bn. “We are putting a lot of pressure for them to do it at the summit on...
  • Adrian Peterson Suspension Shows Vikings, NFL Care About One Thing: Cash

    09/17/2014 9:11:44 AM PDT · by AT7Saluki · 32 replies
    The Bleacher Report ^ | 9/17/14 | Mike Freeman
    The announcement from the Vikings came at about 2 a.m. Gutless Standard Time. That means it took the team about 14 hours to cave from public pressure. "Cave" is the wrong word. Cower, run, scamper, bolt, run frantically and chickens--t might be better. In one moment, the Vikings were saying that Adrian Peterson deserved due process. In the next, he was effectively suspended. I'd have more respect for the team if it stuck by its wrongheaded stance. Instead, the Vikings basically said: We stand by Adrian Peterson and will let due process play out...ah hold on, sponsors are pulling out....
  • Marriott hotels placing envelopes in rooms to guilt guests into leaving gratuity

    09/15/2014 10:19:02 AM PDT · by CorporateStepsister · 175 replies
    Daily Mail ^ | 15 September 2014 | By Associated Press
    Do you leave a tip in your hotel room for the maid? Marriott is launching a program with Maria Shriver to put envelopes in hotel rooms to encourage tipping. The campaign, called 'The Envelope Please,' begins this week. Envelopes will be placed in 160,000 rooms in the U.S. and Canada. Some 750 to 1,000 hotels will participate from Marriott brands like Courtyard, Residence Inn, J.W. Marriott, Ritz-Carlton and Renaissance hotels. The name of the person who cleans the room will be written on the envelope along with a message: 'Our caring room attendants enjoyed making your stay warm and comfortable....
  • Burger joint shames Philadelphia Eagles star Over Small Tip

    09/10/2014 10:18:34 PM PDT · by CorporateStepsister · 82 replies
    The Daily Mail ^ | 10 September 2014 | Snejana Farberov
    "Philadelphia Eagles running back LeSean McCoy has been publicly called out by the owner of a local eatery for leaving a 20-cent tip on a bill totaling more than $60. The Philadelphia burger joint PYT shared a receipt online showing what was described as Mr McCoy's paltry tip. 'The twenty cent tip that the Eagles' LeSean McCoy just left our server on his $60 check is going to come in really handy for that new official NFL McCoy jersey he had his heart set on,' the message that accompanied the receipt read. 'That is a .03% tip. New record!'"
  • ZOT Offer From A Private Lender

    09/07/2014 3:27:59 PM PDT · by Rashid Ibrahim · 2,147 replies
  • The Fed: Economy is Gloomy because Americans are “Hoarding Money”

    09/04/2014 7:56:02 AM PDT · by Sean_Anthony · 54 replies
    Canada Free Press ^ | 09/04/14 | Alan Joel
    Investing money in or starting small businesses-- Backbone of America In a moment of recent hand-wringing, the Fed examined the question of why inflation has stayed extremely low in the United States despite all the efforts of quantitative easing money pumping. Their answer: American consumers are mainly to blame. Yes indeed. In a paper released this week by the St. Louis Federal Reserve, the Fed cites “low level of money movement in large part on consumers and their “willingness to hoard money.”. To be fair, the paper also criticized its own policies as well, suggesting that the has they have...
  • B.C. Woman Sues Ex-Boyfriend To Pay For Failed Class After Breakup (Canada)

    09/03/2014 8:41:35 PM PDT · by Jack Hydrazine · 29 replies
    Canadian Press via HuffPo.ca ^ | 29AUG2014 | CP Staff Writer
    KAMLOOPS, B.C. - A 22-year-old B.C. woman is suing her ex-boyfriend to pay tuition for a class she says she failed due to distress over the breakup. Roopam Plawn, a marketing student at Thompson Rivers University in Kamloops, says in her notice of claim that she is seeking $500 for the class, $600 for anxiety, depression, insomnia and loss of working time and performance and $250 for "severe distress." She also wants Jasmeet Ahluwalia to pay court costs. Plawn says in the court document that she met the international student in September 2013, they broke up in early 2014, got...
  • Records: “Politiqueras” offered cocaine and money in exchange for votes (party not mentioned)

    09/02/2014 2:28:24 AM PDT · by Libloather · 12 replies
    Valley Central ^ | 8/31/14 | Cristina Garcia
    **SNIP** “A politiquera is a person who works for a candidate to encourage people to vote, to bring voters to the polls, to ensure that voters select the appropriate candidate, to pay voters for their votes”, according to court documents. Veronica Saldivar was allegedly given part of an “eight ball” of cocaine to bribe voters to cast their ballot for a Hidalgo County Commissioner. Court documents reveal a campaign manager distributed the cocaine in baggies to campaign workers. A voter told FBI agents Saldivar promised to pay $10 in exchange for their vote.
  • Discarded Children Still Bring in Subsidy Checks for the Adoptive Parents Who Tossed Them Aside

    09/02/2014 12:03:54 AM PDT · by nickcarraway · 17 replies
    New York Daily News ^ | Tuesday, September 2, 2014 | Nick Nehamas
    Hundreds of adoptive parents in New York City who've sent their children to live elsewhere continue to get monthly government subsidies of up to $1,700 per child. They can continue receiving the checks until the child turns 21 years old.They gave up on their “hard-to-place" adopted kids — but not on the government check intended for the discarded kids’ care. Hundreds of adoptive parents across the five boroughs who've sent their children to live elsewhere are continuing to pull in monthly checks of up to $1,700 per child while the city, state and feds look the other way, the Daily...