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Money« Previous EntriesTHE LIST: WHAT A TRILLION DOLLARS WILL BUYTuesday, September 23rd, 2008Andrew Davis, Libertarian Party One trillion dollars ($1,000,000,000,000) is enough money: To buy everybody living in Los Angeles at least one Lamborghini Gallardo. To buy 88,052, 394' custom mega yachts; enough to stretch around ¼ of the world. To buy everyone living in Belize and Malta a Manhattan apartment. To get half of the Democratic Party into a fundraiser for Barack Obama at the $28,500 admission price. To give one out of every ... tagged MoneyCredit Card Debt: 5 Ways to Dig Yourself OutWednesday, August 13th, 2008The Street | How do you stop digging yourself deeper into debt? Americans carry a lot of debt, and it is easy for mounting debt to grow. Sometimes, it grows faster than you can pay it off, and that can be very stressful. Here are five surefire strategies to help you help yourself: 1. Give yourself a 'time out.' Parents know the "time out" routine. You can do the same with your credit card. ... tagged Debt and MoneyMost Corporations Don’t Pay Income TaxesWednesday, August 13th, 2008By Richard Rubin | Most corporations, including the vast majority of foreign companies doing business in the United States, pay no income taxes, according to a Government Accountability Office report released Tuesday. During the eight-year period covered by the report, 72 percent of foreign-owned corporations went at least one year without owing taxes, and the same was true for 55 percent of domestic corporations. Small companies were much more ... tagged MoneyReport: US using ‘money as a weapon’ in IraqTuesday, August 12th, 2008US program has spent $2.8 billion using 'money as a weapon' in Iraq AP A U.S. Army program in which soldiers pay cash to Iraqis to help with expenses, large and small, has spent $2.8 billion in five years, The Washington Post reported Monday. The Post reviewed records of the Commander's Emergency Response Program, which was intended for short-term humanitarian relief and reconstruction. The field manual laying out the guidelines for the ... tagged Iraq, Money and World-NewsThe Shrinking Influence of the US Federal ReserveWednesday, July 2nd, 2008Humiliation for Mr. Dollar: Ben Bernanke, the chairman of the United States Federal Reserve Bank, faces a general investigation by the International Monetary Fund. Just one more example of the Fed losing its power. The United States Federal Reserve Bank, or Fed, seems as much a part of America as Coca-Cola or Pizza Hut. But at least one difference has become apparent in recent days. While the pizza chain and soft-drink ... tagged Money and USA-NewsProfiting from Iraq’s occupationSunday, June 8th, 2008 By Harry Cohen | The British in Basra are unpopular and mostly ineffective. The last survey of Basra residents by BBC Newsnight indicated that 86 per cent believe British troops have had a negative effect on the Iraqi province since 2003. More than half felt the troops presence had actually increased the overall level of militia violence over the ...
tagged Iraq, Money and USA-NewsBillions of Dollars Unaccounted For in IraqSaturday, May 24th, 2008 MotherJones | Want to see a signature worth $320 million? Click here. It belongs to Jack Gardner, an official with the now-defunct Coalition Provisional Authority, who in July 2003 authorized that amount to be transferred to the Iraqi Ministry of Finance for the payment of Iraqi salaries. There are no other records of the transfer, just Mr. Gardner’s John Hancock. ...
tagged Money and World-NewsWill the Mortgage Industry Pay for Its Crimes?Friday, May 9th, 2008 By Danny Schechter | There is a time in the life of every writer when you find yourself fearing that you have become a robo call phone machine -- repeating the same message over and over and with diminishing results.
That's how I felt after 8 months of silence after labeling the credit crisis a "subcrime" scandal, ...
tagged FBI, Money and USA-NewsBBC kept £106,000 of charity cashFriday, May 9th, 2008 By Leigh Holmwood | The BBC today apologised for keeping £106,000 made from premium-rate phone calls on about two dozen shows that should have been given to charity.
In the latest scandal to hit the television industry over phone-ins, the BBC also admitted that viewers of Making Your Mind Up, the BBC1 show that chose last year's ...
tagged BBC, Money and UK-NewsThe US Economy and the Costs of WarMonday, April 21st, 2008 By Dave Lindorff |
Is the Iraq War to blame for America’s long-term economic decline and for the current economic crisis? Martin Neil Baily, a chair of the Council of Economic Advisers under President Bill Clinton, and now director of the business initiative at the Brookings Institution, in an opinion piece that ran Sunday in the New York Times, says no. Claiming to ...
tagged Money and USA-NewsAlistair Darling in £50bn gamble to aid banksMonday, April 21st, 2008 By Robert Winnett
Alistair Darling will unveil an unprecedented scheme to offer £50 billion in taxpayer-backed loans to high street mortgage lenders today in an attempt to solve the credit crisis.
The Chancellor hopes that the cash injection - the biggest ever by the Bank of England - will lead to cheaper mortgage deals and stop the housing market slipping ...
tagged Money and UK-NewsDefiant Brown defends his economic recordTuesday, April 15th, 2008By Andrew Porter, Robert Winnett and Myra Butterworth Gordon Brown has been forced to defend his premiership and in particular his economic record as he faced mounting criticism over the credit crisis. As Britain’s biggest mortgage lenders snubbed his calls to cut the cost of borrowing, the Prime Minister gave a series of interviews to insist he was only "starting" the job. Amid ... tagged Money and UK-NewsHow Brown makes the poor pay more taxThursday, April 10th, 2008Socialist Worker And widens the gap between the rich and the rest of us LOSER: Call centre worker Abolition of bottom rate tax band will hit a 24 year old who earns less than £18,000 a year, but must now pay £232 more tax a year WINNER: Big business Corporation tax has been reduced again – to just 28 percent – ensuring that Barclays' £7 billion profits stay with the rich LOSER: Pensioner Like more ... tagged Money and UK-NewsConfessions of an Economic Hit ManFriday, April 4th, 2008I'll admit it: I used to admire John McCain. To paraphrase the UFO poster from "The X Files," I wanted to believe. Specifically, I wanted to believe the guy talking tough about campaign finance reform was committed to getting money out of politics. This was the Arizona senator who in 2002 taped a radio ad praising his state's "clean elections" system. It provides public money to candidates so they don't have to ... tagged Money and USA-NewsThe Forbidden Financial Topic: U.S. National DebtThursday, April 3rd, 2008Mike Adams As we wind our way towards an election between the numerous professional liars who have been put forward as candidates for U.S. President, it seems to be a great time to remind us all about the financial issue being routinely ignored by virtually everyone (except Ron Paul, of course, who was never really embraced by the "please lie to me" mainstream public). To what financial issue am ... tagged Money and USA-News« Previous Entries |
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