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Keyword: money

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  • Something Very Disturbing Spotted In A Morgan Stanley Presentation

    One of the most surprising comments this year came from a closed session on fintech where I sat next to someone in policy circles who argued that we should move quickly to a cashless economy so that we could introduce negative rates well below 1% – as they were concerned that Larry Summers' secular stagnation was indeed playing out and we would be stuck with negative rates for a decade in Europe. They felt below (1.5)% depositors would start to hoard notes, leading to yet further complexities for monetary policy.
  • Cash is way more popular than stocks or bonds

    02/05/2016 1:03:04 AM PST · by Citizen Zed · 21 replies
    cnn money ^ | 2-5-2016 | Matt Egan
    When investors are nervous, they flee risky assets like stocks for the safety of cash. That's exactly what's been happening lately. Since July 1, cash and money market funds have easily been the world's most popular asset class, attracting $208 billion of inflows, according to Bank of America Merrill Lynch. By comparison, investors have poured a relatively paltry $7 billion into stocks and yanked $46 billion from bonds. It's the latest evidence of the jitters ripping through financial markets amid crashing oil prices, a slowdown in China and soft U.S. economic activity. "The individual investor is scared by the volatility....
  • Cruz has More Cash on Hand than the RNC

    02/03/2016 11:58:19 AM PST · by GodGunsGuts · 87 replies
    Conservative Review ^ | February 3, 2016
    One of the key metrics on the strength of a campaign is how well their fundraising, and allocation of resources are going. In that measure Ted Cruz's campaign is on fire. According to FEC reports, for the most recent filing period, Ted Cruz had more cash on hand than the Republican National Committee. For the period ending on December 31, 2015 Cruz reported having $18,734,794.46 cash on hand. For the same end date the Republican National Committee had $18,723,782 on hand. Cruz had about $11,000 more in his war chest than the RNC. It shows a particular strength for his...
  • Chicago schools announce cuts after union rejects offer

    02/03/2016 7:27:40 AM PST · by redreno · 9 replies ^ | 02/02/2016 | SOPHIA TAREEN
    CHICAGO (AP) — Officials with Chicago Public Schools said Tuesday they're ready to cut $100 million from school budgets and force teachers to pay more pension costs after their union rejected the latest contract offer, ratcheting up the tone of contentious negotiations that have lasted over a year. Schools CEO Forrest Claypool called the union's rejection "disheartening" and cost-cutting efforts — including potential layoffs of support staff like teachers' aides — necessary without a deal. Chicago Teachers Union President Karen Lewis shot back, calling the announcement the "latest act of war" and saying teachers in the nation's third-largest district would...
  • We print money to bail out banks. Why can't we do it to solve climate change?

    01/30/2016 4:16:03 AM PST · by Oldeconomybuyer · 50 replies
    UK Guardian ^ | January 30, 2016 | by Matthias Kroll
    We need an estimated $1tn per year to stay below a global temperature rise of 2C. Creating new money might be the only way to meet this financial challenge. The international community has agreed on an ambitious agenda to curb climate change. Some 195 countries have decided to try and cut greenhouse gas emissions to a level that will limit the rise in average global temperatures to well below 2C. The question we now face is: how are we going to finance the changes needed to reach this goal? Quantitative easing - creating new money - might just be the...
  • Indicted Detroit Principal Claims Robin Hood Status, Collected Six-Figure Paychecks

    01/29/2016 5:22:01 AM PST · by MichCapCon · 25 replies
    Michigan Capitol Confidential ^ | 1/25/2016 | Tom Gantert
    Last month the Detroit Free Press published a sympathetic story by columnist Rochelle Riley about a Detroit Public School principal named Kenyetta Wilbourn who pleaded guilty to bribery and tax evasion charges. Wilbourn used her position to put relatives on the payroll, took kickbacks from vendors and wrote fake grant requests. Wilbourn, who said in the story she considered herself like Robin Hood, was also quoted about her own financial problems: “We’re talking about systemic poverty and what does that look like?” she said. “Yes, I may have a Gucci bag or a pair of Cartier (glasses), but I don’t...
  • Fox News Statement Taunting Trump Was ‘100 Percent’ Roger Ailes

    01/27/2016 10:48:55 AM PST · by Enlightened1 · 47 replies
    NY Mag ^ | 01/27/16 | Gabriel Sherman
    As the war between Fox News and Donald Trump ratchets up, Roger Ailes is fighting off criticism from his senior executives over his handling of the crisis. According to one highly placed source, last night, Ailes sent out the now-famous statement mocking Trump as being scared to meet with the "Ayatollah" and "Putin" if he became president. "That was Roger 100 percent," the source explained. "A lot of people on the second floor" -- where top Fox executives work -- "didn't think it was a good idea." Fox executives are also troubled that Ailes's principal adviser right now is his...
  • Retirement: When a public pension isn't enough

    01/21/2016 7:10:34 AM PST · by redreno · 8 replies ^ | 01/20/2016 | By Sandra Block and Kiplinger's Personal Finance
    Although the vast majority of public employees are covered by defined-benefit pension plans, many may need to supplement their pension checks to ensure a comfortable retirement. Teachers, for example, can enhance their retirement security by contributing to a 403(b) plan, a tax-deferred savings plan that's similar to a 401(k). Unfortunately, many 403(b) plans are vastly inferior to their private-sector counterparts as far as investment choices are concerned; primary offerings are usually products such as equity-indexed annuities, which often carry high fees and offer limited market returns
  • Why Are Corporations Hoarding Trillions?

    01/21/2016 6:35:28 AM PST · by SeekAndFind · 32 replies
    New York Times ^ | 01/21/2016 | Adam Davidson
    There is an economic mystery I've been struggling to understand for quite some time, and I'm not the only one who's confused: Among financial experts, it is often referred to as a conundrum, a paradox, a puzzle. The mystery is as follows: Collectively, American businesses currently have $1.9 trillion in cash, just sitting around. Not only is this state of affairs unparalleled in economic history, but we don't even have much data to compare it with, because corporations have traditionally been borrowers, not savers. The notion that a corporation would hold on to so much of its profit seems economically...
  • Heh Crook-Uz! (Sen. Ted Cruz)

    01/17/2016 10:18:35 AM PST · by SatinDoll · 41 replies
    The Market-Ticker ^ | Jan. 15, 2016 | Karl Denninger
    There's horse****, and then there's outrageous denial of something that nobody ought to take at face value or believe. Sure, the NY Daily News and Cruz are "no longer friends" after his gratuitous slam at New York in the debate, but that's not the part that ought to make people simply shout LIAR! or even CROOK! every time they see him. No, it's this story: Sen. Ted Cruz (R-Tex.) downplayed a report late Wednesday that he had not listed personal loans he and his wife received before donating roughly the same amount to his 2012 Senate campaign, calling the matter...
  • Iran Says It Has Released Four Americans in a Prisoner Swap

    01/16/2016 7:54:41 AM PST · by afraidfortherepublic · 108 replies
    NY Times ^ | 1-16-16 | THOMAS ERDBRINK and RICK GLADSTONE
    TEHRAN - Iran announced Saturday that it had released four Iranian-Americans as part of a prisoner exchange with the United States. The announcement from the judiciary on state television did not identify the four, but Iranian news media said they included Jason Rezaian, The Washington Post’s Tehran correspondent; Amir Hekmati, a Marine veteran; and Saeed Abedini, a pastor. There were discrepancies in the Iranian reports about the identity of the fourth prisoner. It was not immediately clear whom the Americans released, but Iranian reports said seven Iranians were freed. The exchange was apparently orchestrated to coincide with the expected announcement...
  • Money Vanity

    01/10/2016 12:33:51 PM PST · by al baby · 55 replies
    Today | Self
    What would you recommend doing if you have 25 thousand dollars to invest today Where would you put it pay down our mortgage that amount relates to about half of what we owe on a modest condo any ideas
  • Obama vetoes legislation to defund Planned Parenthood [Jeremiah 19]

    01/09/2016 9:20:04 AM PST · by Jan_Sobieski · 27 replies
    World Net Daily ^ | 01/08/2016 | Staff
    With little fanfare and as expected, today President Obama vetoed H.R.3762, the “Restoring Americans’ Healthcare Freedom Reconciliation Act of 2015″ sent to him by Congress earlier this week. The legislation would have repealed key provisions of Obamacare and restricted the availability of federal funding for Planned Parenthood. Among other things, the bill would have ended federal funding for Planned Parenthood for the next fiscal year, ended the IRS-collected penalty on taxpayers who do not carry government mandated health insurance, eased restrictions on health savings accounts and modified or removed many federal health insurance mandates on small businesses and state agencies....
  • Sanders and Wife Steered Campaign, Nonprofit Money to Family and Friends

    01/07/2016 11:23:03 AM PST · by Fasceto · 15 replies
    Washington Free Beacon ^ | January 7 2016 | Lachlan Markay
    Bernie Sanders and his wife have on numerous occasions steered money from organizations under their control to friends and family members, public records show. The payments benefitted the wife of the Democratic presidential candidate, his stepdaughter, and the son of a former colleague in city government whom Sanders has described as a close friend. Sanders, a self-described socialist, is now running for the presidency on an anti-corruption platform, decrying public officials’ attempts to use their positions for personal financial gain. Following 16 years as a member of the House, Sanders was elected to the Senate in 2006. His political campaigns...
  • 5 Reasons a Televangelist Needs a Private Plane [2 Peter 2]

    01/06/2016 1:37:07 PM PST · by Jan_Sobieski · 36 replies
    Bible Prophecy Blog ^ | 01/05/2015 | Staff
    Wealthy televangelists, or as some are referred to "Scamgelists," with outrageous claims are nothing new to Christian news. We've heard it all before—the mansions, the expensive cars, the private planes etc. But this is a new take on why famous pastors need private planes. There are of course some legitimate reasons, such as their busy schedules including multiple speaking dates in a week that span different places throughout the U.S. It's hard to find a commercial flight that can get you to that many engagements. One could say don't make that many engagements then, but if the church as a...
  • Why Iowa and New Hampshire won't matter this time

    01/06/2016 12:34:48 AM PST · by afraidfortherepublic · 56 replies
    The American Thinker ^ | 1-5-16 | Ned Barnett
    Here's a news flash. The Iowa Caucus and the New Hampshire Primary will not matter this year, at least not in the way they've mattered every four years for as long as I can remember. You can take that to the bank. Allow me to explain. First, have you ever wondered why two small and -- in general terms, politically irrelevant -- states have such a profound impact on primary politics? Have you ever wondered why those two states, Iowa and New Hampshire, are like politics' own Kardashians -- famous because they're well-known, rather than for any innate value they...
  • Why Can't the U.S. Just Condemn Saudi Arabia's Executions?

    01/05/2016 7:34:44 PM PST · by ScottWalkerForPresident2016 · 13 replies
    Slate ^ | 01/05/2016 | Joshua Keating
    One of the more darkly amusing aspects of the escalating tensions between Iran and Saudi Arabia has been watching the Obama administration try to avoid directly condemning the Saudi execution of 47 people. Here’s the circular answer provided by White House spokesman Josh Earnest yesterday after he was asked whether the administration would condemn its ally: Well, we have raised significant concerns about the human rights environment in Saudi Arabia. And carrying out mass executions I think is a prime example of a government that is not doing enough to address the legitimate concerns that have been expressed by the...
  • NYE SHOCK: Voters and Media “annoyed” by Cruz’s constant email spam for cash

    01/01/2016 3:10:26 PM PST · by conservative98 · 227 replies
    Prtnly ^ | January 1, 2016 | Voltova Dmitri
    Ted Cruz raked in massive profits by getting $5,000,000 from club for growth, a pro-Amnesty organization with ties to "globalist" causes, but that isn't enough. Ted Cruz now needs money from the people, and is sending spam emails to his followers (and non followers) via email for cash, often with threatening titles: " ***CNN BREAKING NEWS: Hillary campaign raises over $100 Million*** This is the most critical, most important email I have ever sent you. As I write you, CNN is breaking the news that Hillary Clinton's campaign has just passed the $100 Million dollar fundraising mark. Jeb Bush passed...
  • "All You Americans Are Fired" (Obama illegally increasing HB2 foreign workers)

    12/31/2015 7:57:10 AM PST · by free_life · 37 replies
    BuzzFeedNews ^ | Dec 1, 2015 | Jessica Garrison
    MOULTRIE, Georgia - "All you black American people, *uck you all ... just go to the office and pick up your check," the supervisor at Hamilton Growers told workers during a mass layoff in June 2009. The following season, according to a lawsuit filed by the Equal Employment Opportunity Commission, about 80 workers, many of them black, were simply told: "All you Americans are fired." Year after year, Hamilton Growers, which has supplied squash, cucumbers, and other produce to Wal-Mart and the Green Giant brand, hired scores of Americans, only to cast off many of them within weeks, according to...
  • Shark Tank: Johnny Georges Pitches Tree-T-Pee

    12/30/2015 7:40:30 PM PST · by Baynative · 21 replies
    Facebook Video ^ | Oct 6, 2015 | Omoleto
    A farmer goes on 'Shark Tank' and gets his life's work ripped to shreds. Now watch him turn the tables...
  • Amid Bitcoin Centralization Worries, Core Developers Start New Currency Called Decred

    12/27/2015 9:06:03 PM PST · by Utilizer · 19 replies
    Softpedia ^ | 28 Dec 2015, 01:33 GMT | Catalin Cimpanu
    Some of Bitcoin's core developers have left the project and are now starting their separate digital currency called Decred, promoting an open governance model, which they say is missing in Bitcoin. Few people know how Bitcoin works, and even fewer know who are the men and companies behind the cryptocurrency, and who takes the decisions. According to a press release put out by Company 0 LLC, formed by former Bitcoin developers, there are a few external entities that fund the actual development of the Bitcoin cryptocurrency, forming a power-group that is in sole command of the direction the currency takes.
  • Disneyland to close some attractions to build 'Star Wars' land

    12/26/2015 12:46:45 PM PST · by BenLurkin · 23 replies
    Los Angeles Times ^ | 12/26/2015 | hugo martin
    To build the new 14-acre "Star Wars" area, the park will permanently close Big Thunder Ranch in Frontierland, Big Thunder Ranch Barbecue, Big Thunder Ranch petting zoo and Big Thunder Ranch Jamboree, starting Jan. 10. (Disneyland officials say the animals in the petting zoo have been adopted by a Southern California family that has worked with Disney animals in the past.) Nearby attractions on the Rivers of America — mainly Fantasmic, the Mark Twain Riverboat, the Sailing Ship Columbia, the Pirates Lair on Tom Sawyer Island, the Disneyland Railroad and the Davy Crockett Explorer Canoes - will close temporarily. ......
  • Our Inescapable God "JESUS" [Charismatic Caucus]

    12/25/2015 3:38:10 PM PST · by Jedediah · 2 replies
    My children , do you SEE This Day before you I have created for you as my Beloved and I adore your presence with me for I AM your Presence as I surround you every where you look and in everything you touch. Yeah you breathe Me in for I am your living breath and promise your true love and voice of truth and it is My Spirit that is your counselor and guide. So listen to My words of life for my spirit is speaking to you in an eternal manner each and every day! Jonah 1:3 But Jonah...
  • Follow Trump’s Money to Moscow

    12/23/2015 7:30:07 AM PST · by Twotone · 43 replies
    Accuracy in Media ^ | Dec. 22, 2015 | Cliff Kincaid
    The phrase "follow the money" is supposed to help explain human behavior, especially in politics. So why has Donald Trump embraced Russian President Vladimir Putin? Why has he denied the evidence of Putin's killing of Russian journalists and dissidents? A savvy businessman, Trump is certainly not dumb. There must be something else to it.
  • The Timeline of Your life[charismatic Caucus]

    12/22/2015 7:38:11 AM PST · by Jedediah · 1 replies
    bible , Holy Spirit ^ | 12-22-15 | bible, Holy Spirit
    My aperture is open to you and I see and know where you are at this very moment on the timeline of your life in Me but do you understand what I am really doing in your life right now at this very moment for it is not a secret but merely a deeper friendship and walk with me that I desire of you. You see many believe that death or illness are lines in the sand that appear as deep valleys in one's life but truly my spirit in you has already overcome these obstacles of life and your...
  • Dem Memo To the Rich: We Need Your Money But We Hate You

    12/21/2015 11:32:23 AM PST · by Kaslin · 11 replies ^ | December 21, 2015 | Michael Hausam
    I wasn't going to watch the debate and still haven't seen any of it. But I couldn't resist trolling through the #DemDebate Twitter feed and I got enough of a flavor to know I made the right choice. The writer Walter Olson may have made the best comment, as the debate began, with this tweet: "Every election is a sort of advance auction sale of stolen goods." -- H.L. Mencken ?#DemDebate?#Cato2016 The Democrats are putting themselves in the strangest of places with regards to the wealthy and the big earners in the country. To enact all of the various things...
  • This is how much money exists in the entire world, in one chart (Money and ...?)

    12/18/2015 12:08:16 PM PST · by Ernest_at_the_Beach · 36 replies ^ | Dec 18, 2015 2:31 p.m. ET | Sue Chang
    There is $1.2 quadrillion invested in derivatives alone. By SueChang Markets reporter Ever wonder how much money there is in the world?The answer is complicated, which you might expect, but not because of the difficulty of tallying up all the rather large numbers. Rather, it’s more about which parameters are used to define “money.”
  • Libya: Rising from the ashes of civil war to peace.

    12/13/2015 12:51:52 AM PST · by free_life · 8 replies
    The Hill ^ | Dec 11, 2015 | Ibrahim F. Emmesh and Awad M. AbdulSadig
    We represent the two rival Libyan political houses, and we are proud to announce that we have just reached a long sought-after agreement to finally end the political impasse that has plagued our resource-rich nation since Gaddafi's overthrow. The two parties to the agreement - the Tripoli-based General National Congress (GNC) and the House of Representatives - are establishing a government of national unity based upon the principals of Franklin Roosevelt's and Winston Churchill's 1941 Act of the Right of Nations to Self-Determination. The Roosevelt-Churchill doctrine, based on the principles of equal rights and fair equality of opportunity, states that...
  • Yikes: More Than Half of Millennials Have Less Than $1000 in Savings

    12/13/2015 8:30:27 AM PST · by Kaslin · 106 replies ^ | December 13, 2015 | Christine Rousselle
    A new survey of Millennials (those between the ages of 18 and 34) by How Much shows that more than half of them have less than $1,000 in savings.
  • Rahm Emmanuel Net Worth [Member of the 1%: $14,000,000]

    12/09/2015 12:59:55 PM PST · by SoFloFreeper · 12 replies
    Rahm Emanuel is an American politician who has a net worth of $14 million dollars....
  • Venezuela Ran out of Other People’s Money

    12/09/2015 7:28:36 AM PST · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 12/09/15 | Dr. ileana Johnson Paugh
    A centralized socialist government always blamed their disastrous and ever-failing economic policies on greedy capitalists and on business “profiteers.” Socialists eventually ran out of other people’s money and wealth Venezuelans rejected socialism. They’ve run out of other people’s money; the long lines to buy basic food and toilet paper did not help either. The mainstream media has glossed over this massive defeat of President Nicolas Maduro’s socialism. In a great St. Nick gift, his opposition took back control of the National Assembly in a landslide election on December 6, 2015. According to the National Electoral Council, the Democratic Unity coalition...
  • Proposal Would Let Special Needs Children Attend Private School with Public Money

    11/30/2015 10:30:08 AM PST · by MichCapCon · 22 replies
    Michigan Capitol Confidential ^ | 11/29/2015 | Tom Gantert
    A measure introduced in the Michigan House earlier this year could start the process of making an exception to the state constitution’s ban on taxpayer support for nonpublic schools. Specifically, the end result would be allowing parents to send their children with special needs to private or religious schools using tax dollars. The state would cover the cost for each child, up to the amount it would have paid for educating that at a public school. Such a change would require the approval of voters in a statewide election, and if the Legislature approves HJR B, voters would face that...
  • A Word of Encouragement for The Bride [Charismatic Caucus]

    11/13/2015 1:38:43 PM PST · by Jedediah
    Your days are not ending they are merely flowing into Me.So don't worry in trying to catch up for you have already arrived, Just be seated in my righteousness and dwell in my glory with the understanding that the fullness of my spirit is with you as I AM your heartbeat and breathe so I own you for you have given your life to me. So now just rest in me as I complete my agenda for I AM your daily bread, counselor and King . . . Matthew 11:27-30 27 All things have been entrusted and delivered to Me...
  • Major donors consider funding Black Lives Matter

    11/13/2015 9:03:39 AM PST · by Salman · 15 replies
    Politico ^ | 11/13/15 | Kenneth P. Vogel and Sarah Wheaton
    Some of the biggest donors on the left plan to meet behind closed doors next week in Washington with leaders of the Black Lives Matter movement and their allies to discuss funding the burgeoning protest movement, POLITICO has learned. The meetings are taking place at the annual winter gathering of the Democracy Alliance major liberal donor club, which runs from Tuesday evening through Saturday morning and is expected to draw Democratic financial heavyweights, including Tom Steyer and Paul Egerman. The DA, as the club is known in Democratic circles, is recommending its donors step up check writing to a handful...
  • Why Does Jesus Tell Us to Use "Dishonest Wealth”?"

    11/09/2015 7:11:42 AM PST · by Salvation · 17 replies
    Archdiocese of Washington ^ | 11-08-15 | Msgr. Charles Pope
    Why Does Jesus Tell Us to Use "Dishonest Wealth"? Msgr. Charles Pope • November 8, 2015 • There was a puzzling reference in Saturday morning's Gospel (Saturday of the 31st week in Ordinary Time) in which Jesus says,I tell you, make friends for yourselves by your use of dishonest wealth, so that, when it fails, they will welcome you to eternal dwellings (Luke 16:9).What does He mean by "dishonest wealth"?The Greek expression μαμωνᾶ τῆς ἀδικίας (mamona tes adikias) is more literally translated as “mammon of unrighteousness.” Mammon is a Hebrew and Aramaic word that has a wider meaning than just...
  • mom forced to defend herself after using donations intended for murdered son's funeral to buy car

    11/10/2015 7:22:08 AM PST · by GrandJediMasterYoda · 37 replies ^ | 11/10/15 | Lauire Hanna
    EE IT: Chicago mom forced to defend herself after using donations intended for murdered son's funeral to buy car The mother of a murdered 9-year-old Chicago boy has been forced to defend herself after using donations intended for her son’s burial to buy a new car. Tyshawn Lee was lured into a South Side alleyway and gunned down last week in an attack that has been linked to a gang feud. The boy’s mother, Karla Lee, has admitted using the money donated through GoFundMe to buy the car but insisted it was what her son would have wanted to keep...
  • Magic Act: Make Taxpayer Money Disappear With Little Return

    11/09/2015 5:44:04 AM PST · by MichCapCon · 8 replies
    Michigan Capitol Confidential ^ | 11/5/2015 | Jack Spencer
    Magicians distract the audience’s attention from what really takes place on the stage. In a similar fashion, the Michigan Economic Development Corporation fosters an illusion that its accomplishments are substantive when they are primarily hokum. One would think at some point those who should know better, especially members of the news media, would figure this out. What is written here is not about the debate over whether MEDC should be eliminated. Chances of that happening seem so remote that discussing it is little more than an academic exercise. The purpose here is to probe beneath its facade and encourage recognition...
  • Israeli leftists call on liberal US Jews to help fight the Right

    11/08/2015 2:13:46 AM PST · by Eleutheria5 · 16 replies
    Arutz Sheva ^ | 8/11/15 | Ari Soffer
    Two prominent Israeli leftists have appealed to like-minded liberal Americans to join forces with them to help the Israeli Left regain power, after a series of sound defeats in democratic elections - the latter of which occurred despite extensive support from foreign liberal donors. Zionist Union/Labor MK Stav Shaffir and Haaretz columnist Ari Shavit were speaking at a plenary meeting of the Union for Reform Judaism last week, which they both used as a platform to attack the current Israeli government, and joined with Union of Reform Judaism President Eric Yoffie in calling on American Jews to be more vocal...
  • Opening Soon: Germans Race to Capture the Iranian Market

    11/05/2015 7:33:59 AM PST · by Olog-hai · 7 replies
    Der Spiegel ^ | October 30, 2015 – 05:08 PM | Alexander Smoltczyk
    Ahead of the planned lifting of Western sanctions against Iran, businessmen from around the world are visiting the country, and as one group from Germany discovered, there is no shortage of opportunities. [...] To help people establish relationships with representatives of the "Evil Empire," the German-Iranian Chamber of Commerce set up a "B2B" contact exchange. It's a form of speed dating, in which Iranian businesspeople walk from one table to the next, together with an interpreter and a handful of brochures of the Lower Saxony companies. The business owners from Hanover are quickly surrounded by Iranians, who treat them like...
  • In honor of Charlie Weis and Notre Dame, here are the 20 worst dead money deals in sports

    10/29/2015 11:41:32 AM PDT · by C19fan · 6 replies
    ESPN ^ | October 29, 2015 | Darren Rovell
    As the sports business has evolved, the cost of making bad decisions has become more costly. When owners, general managers and athletic directors realize they made the wrong choice, the cost of keeping that coach or player could be more detrimental than suffering the financial pain of cutting him loose.
  • People In Sweden Are Hiding Cash In Their Microwaves - Cashless Society - Negative Interest Rates

    10/28/2015 6:54:03 AM PDT · by blam · 41 replies
    BI ^ | 10-28-2015 | Jim Edwards
    Jim EdwardsOctober 28, 2015 Sweden is shaping up to be the first country to plunge its citizens into a fascinating and terrifying economic experiment: negative interest rates in a cashless society. The Swedish central bank held its benchmark interest rate at -0.35% today, the level it has been at since July. Although retail banks have yet to pass on that negative to rate to Swedish consumers, the longer it's held there the more financial pressure there is for banks to pass the costs onto their customers. That's a problem because Sweden is the closest country on the planet...
  • The Joy of The Lord[charismatic Caucus]

    10/27/2015 12:35:15 PM PDT · by Jedediah · 1 replies
    The "JOY" of The LORD is much more than just a depth or width for truly its Harmony has a frequency all its own . My Joy IN YOU is as a ( ((Gusher)) ) rising up into the eternity that you ARE in Me and Hallelujahs are the piercing arrows of righteousness that not only penetrate darkness with light but overtake it and explodes a Chorus of worship from Your heart that IS The WellSpring of life I have placed in you. So "rise up WellSpring for The Voice of Many Waters is calling to you for His Glory....
  • Missing Money? Report questions how states spent ObamaCare funds (Pelosi knew)

    10/25/2015 4:17:06 AM PDT · by Libloather · 19 replies
    Fox News ^ | 10/25/15 | Hollie McKay
    **SNIP** About $4.6 billion was given to these 17 recipients, including California, New York, Washington state and Kentucky. But the GAO report found that so far, just $1.4 billion of that has been spent on IT projects, and a total of $3 billion has been spent or drawn down, though not all the spending is detailed. That, then, leaves at least $1.6 billion unaccounted for. Yet only three states returned any portion of the money a total of just over $1 million was given back. [T]he specific amount spent on marketplace-related projects was uncertain, as only a selected number...
  • Doing For Yourself

    10/22/2015 6:51:19 AM PDT · by Kaslin · 5 replies ^ | October 22, 2015 | Cal Thomas
    A recent New York Times headline read, "Raising Taxes on the Wealthiest Would Pay for Bold Plans." The story says that by soaking the rich "the government could raise large amounts of revenue ... while still allowing them to take home a majority of their income." Nowhere in the story, nor in the endless promises of Democratic presidential candidates, is there a single word about whether more government spending will produce the promised outcomes. We are to take this on faith, despite past performance being a good indicator of future results. Also absent is any expectation that individuals have more...
  • Bill Would Ban Advertising to Get More People on Medicaid

    10/19/2015 7:39:10 AM PDT · by MichCapCon · 9 replies
    Michigan Capitol Confidential ^ | 10/19/2015 | Tom Gantert
    A bill introduced by Sen. Tonya Schuitmaker, R-Lawton, would prohibit the state from advertising Healthy Michigan, which is the title the Snyder administration gave to its adoption of the Obamacare Medicaid expansion. The current state budget authorizes spending $2 million annually to promote the Medicaid expansion to potential enrollees. Of that, $1 million comes from Michigan taxpayers and the balance from federal matching funds. I ran into a constituent who complained about the state advertising Healthy Michigan. Then I saw the commercial on TV and it made me upset, Schuitmaker said. Here we have something that was estimated to be...
  • 'Minority Report' Features Obama on $500 Bill (TV)

    10/17/2015 9:37:43 AM PDT · by aimhigh · 56 replies
    MRCNewsBusters ^ | 10/13/2015 | Alexa Mouteveli
    Fox's futuristic new series Minority Report has already whitewashed the "Redskins" from the Washington football team's name. Now we see they've also added President Barack Obama to the 500 dollar bill. In this scene, one of the charcters is offering money to change his identity. The shot lingers on the pile of cash long enough for us to see Obama's face and the point to be made.
  • The Suffering of Irans Victims will Endure

    10/09/2015 6:59:22 PM PDT · by Kaslin · 3 replies ^ | October 9, 2015 | David Grantham,
    The ink is not even dry on Obamas ill-conceived executive agreement with Iran and already observers have found potentially unlawful stipulations baked into the agreement. A predictable development, to be sure, but it seems last minute. The administration has already ignored other judicial pronouncements through the course of negotiations without much fanfare. As the debate now inevitably plunges into squabbles over illegalities, it is time to address the outstanding judgment still haunting grieving victims of Irans terrorism. The Islamic Republic still owes billions in settlements to its American victims and the White House refused demand payment as part of the...
  • Gov. Brown to Sign Landmark Renewable Energy Law Wednesday

    10/07/2015 9:02:41 AM PDT · by EagleUSA · 19 replies
    Times of San Diego ^ | 10/7/2915 | City News Service
    Gov. Jerry Brown will visit Griffith Observatory in Los Angeles Wednesday to sign legislation mandating that half of the states electricity come from renewable sources by 2030. The ambitious mandates of SB 350, championed by Senate President pro tem Kevin de Leon of Los Angeles, were outlined by Brown in his inaugural address in January. But de Leons legislation was significantly watered down last month in the state Assembly, which stripped away a requirement that the state slash its gasoline use by 50 percent in the next 15 years. That provision sparked heated debate in Sacramento, thanks to opposition from...
  • City Manager: 'Prosperity Doesnt Come From Government; It Comes From Freedom'

    10/07/2015 7:41:30 AM PDT · by MichCapCon · 6 replies
    Michigan Capitol Confidential ^ | 10/4/2015 | Anne Schieber
    When cities cry poverty, the organization helping them pursue more resources from state or local taxpayers is often the Michigan Municipal League. It is interesting then to see signs that the lobbying group is doing some self-reflection, in the form of allowing a city manager with a fresh point of view to address the organization's annual meeting. Prosperity doesnt come from government. It comes from freedom, Port Huron City Manager James Freed told league members who gathered in September. Freed gave the group a candid presentation on how pension and retiree health benefits were making it difficult to govern his...
  • Ex-Ambassador Joseph Wilsons Embarrassing Emails To Hillary

    10/03/2015 3:45:45 AM PDT · by afraidfortherepublic · 25 replies
    Former U.S. Ambassador Joseph Wilson caused embarrassment to a company he consulted for by lobbying then-Sec. of State Hillary Clinton in an email he sent through her longtime friend and ally, Sidney Blumenthal, according to court documents obtained by The Daily Caller. The company, Symbion Power, made the claim in response to a lawsuit filed in New Mexico last week by Wilson, who served as ambassador to Gabon and So Tom and Prncipe during the Bill Clinton administration. Wilson claims that Symbion and its co-founders, Paul Hinks and Lord Richard Westbury, engaged in fraud, breach of contract and civil conspiracy...