Money

‘Ghetto tour’ by Bronx bus company sparks outrage: Celebrating decades of urban decay

May 19, 2013
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Tourists are crowding onto a Bronx bus tour that promises “a ride through a real New York City ‘GHETTO’ ” — and local politicians are furious.

h/t for the photo and more on the ‘Ghetto Tour’ here.

Question – how is this any different than what this un-talented ass-clown Kanye West is doing? 

5 Richest Countries: #1 “business hub and tax haven” Singapore

May 19, 2013
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A ‘business hub and tax haven’  is wealthy? Funny how that works.

The U.S. is at number 3, at link below if you’re interested.

No. 1: Singapore, $61,567 per person

The wealthiest nation in the world’s top 50 economies has been one of the hottest growth stories in recent years. Singapore’s emergence as a...

Phila. Ex-Con Job Fair “Madhouse,” Cancelled For Crowd Size, Yet Officials Claim Unemployment Way Down

May 19, 2013
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How much fail can one government event to help people find jobs have?  This much according to NBC10 in Phila: Job Fair “Madhouse” Dissapoints Many- Unofficial job fair draws thousands  The people were ex-offenders n this case, something Philadelphia apparently has too many of, along with their being un-employed. How’s that for a...

Food Stamp program up from 35 to $80 billion on Obama’s Watch

May 19, 2013
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And  BTW haven’t these EBT Cards been in the news recently, too? Oh, yeah, that’s right. They’re what terrorists like Tamerlan Tsarnaev use to buy bags of Frito Lay when they aren’t blowing chit up, or anything!

(more…)

Socialism: Taxes on some wealthy French top 100% of income last year

May 19, 2013
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Yes, it’s true – thanks to a “one-off levy” and the income level it impacted may surprise you. $1.67 million in total assets ain’t what it used to be, after all. Get ready for it, America. This is where we’re headed and what are you going to do about it?...

Chef to stars Miki Nozawa dies from cerebral hemorrhage after heated confrontation over unpaid $25 bill

May 17, 2013
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Okay, I think there are probably several life lessons in this but I’ll leave them for you to sort out.

Miki Nozawa, 57, died from a cerebral hemorrhage on Monday after confronting two men outside a nightclub and demanding that they pay a bill left at his eponymous Asian diner on the German resort...

The Misleading Durbin Amendment Turns Three

May 16, 2013
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With more below via AFP. And you thought they cared about the little guy!

Consequently, champions of the Durbin Amendment declared a victory for the American people.  However, AFP opposed the Durbin Amendment.  The victory for consumers was falsely proclaimed.  Durbin’s amendment was actually a boon to retail companies who wanted the...

Whoops: Claims for jobless benefits rise sharply

May 16, 2013
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The number of U.S. workers applying for unemployment benefits for the first time rose sharply in the week ended May 11 after hitting a five-year low the previous week, the Labor Department said Thursday.

First-time claims jumped 32,000 to 360,000, highest since March. The four-week moving average of initial claims, which smooths...

IRS exec Lois Lerner received $42K in bonuses in 3 years

May 15, 2013
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Looks like someone thought she was doing her job rather well. Hmm.

Lois Lerner, the senior executive in charge of the IRS tax exemption department and the federal employee at the center of the exploding scandal over the IRS targeting of conservative, evangelical and pro-Israel non-profits, was given $42,531 in bonuses between...

IRS problems grow, prominent GOP Donors now questioning audits

May 15, 2013
By

I don’t believe the fat lady has even begun to warm up to sing on this one.

There is a widening circle of prominent Republican donors and activists stepping forward this week to declare that they were audited by the IRS, and many now are questioning if they were targeted for their...

Shale oil supply shock: US to go from leading global importer, to exporter

May 14, 2013
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Provided the environmentalists don’t muck it up.

A steeper-than-expected rise in US shale oil reserves is about to change the global balance of power between new and existing producers, a report says.

Over the next five years, the US will account for a third of new oil supplies, according to the International Energy...

Fed, Treasury looking at Bloomberg terminal access

May 12, 2013
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Bloomberg LP’s disclosure that it had curbed access by its reporters to certain client information led to an inquiry from the Federal Reserve and the Treasury, The Wall Street Journal reports.

via Fed, Treasury looking at Bloomberg terminal access – MarketWatch.

Oops: Bloomberg Execs Knew Journalists Were Tracking Clients In 2011

May 11, 2013
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Video at link below. If I didn’t know better, I’d think Bloomberg was running the IRS, too.

Executives at the financial information company Bloomberg have known about journalists using the company’s terminals to spy on clients at least since September 2011 — more than a year before the practice turned into a...

Oof: Postal Service Posts $1.9 Billion Loss in 2nd Quarter

May 10, 2013
By

Swell.

The financially-troubled Postal Service announced on Friday that it had posted a $1.9 billion loss in the second quarter, which ended March 31, compared with a $1.3 billion loss last quarter, when holiday spending and heavy spending on political advertising during the 2012 election helped the agency stem its losses.

via Postal...

10 Worst States for Retirement

May 9, 2013
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Beware of the beach! Watch out for historic neighborhoods, vineyards, sweeping verandas — especially if you’re about to retire. These places will steal your heart and get you thinking about a permanent move before you’ve considered all the angles.

via 10 Worst States for Retirement – Yahoo! Finance.

Data Reveals Big Difference in Hospital Prices

May 9, 2013
By

Plenty more at link below – have at it:

For a patient with a heart attack or acute myocardial infarction:

Heartland Regional Medical Center (Marion) — $53,515

Memorial Hospital (Carbondale) — $16,642

Baptist Health (Paducah) — $16,709

Southeast Health (Cape Girardeau) — $30,968

Barnes Jewish (St. Louis) — $22,945 (more…)

Oops: Arbitron rains On Dickey Brothers’ Anti-Rush Limbaugh Parade

May 9, 2013
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Interesting. I pointed out earlier today how HuffPo used an undisclosed Progressive source to try and ding Rush Limbaugh. Now it seems Arbitron is throwing cold water on what appears to be a campaign by Cumulus owners Lew and John Dickey to run down their own talent, Rush Limbaugh.

Arbitron’s latest release indicates just how strong...

Bill Bennett: Only 150 of 3500 Colleges Worth the Investment

May 8, 2013
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Bennett also points out that half of those who start college don’t finish and it’s no longer an insurance policy that you’ll get a better job if you do graduate. Video interview at link below.

Bennett assessed the “return on investment” for the 3500 colleges and universities in the country. He found...

Brutal Job Search Reality for Older Americans Out of Work for Six Months or More

May 4, 2013
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Despite the good news in today’s employment report, nearly two million Americans 55 and older are still out of work.

Economics correspondent Paul Solman looks at the continuing struggles of the long-term jobless in their 50s. It’s the latest in an occasional series on older workers and part of his ongoing reporting...

What was in it? Circle K Shifts Workers to Part-Time, Blames Obamacare

May 3, 2013
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We’re heard this before and we’ll hear it, again.

Circle K Southeast joined a growing list of national companies shifting workers to part-time status this week, in order to avoid paying Obamacare’s mandatory benefits, CBS-WTOC reports.

The alternative is to pay a $2,000 fine per fulltime worker who is not covered, leading...

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