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Keyword: money

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  • World's richest woman: 'Drink less, work more'

    08/30/2012 12:21:28 PM PDT · by 2ndDivisionVet · 28 replies
    Agence France-Presse ^ | August 30, 2012 | Amy Coopes
    SYDNEY — The world's richest woman, Australian mining tycoon Gina Rinehart, urged those "jealous" of the wealthy to "spend less time drinking" in a piece the government described as "insulting" on Thursday. Rinehart, whose family iron ore prospecting fortune of Aus$29.2 billion (US$30.1 billion) also makes her Australia's wealthiest person, hit out at those who she said were envious of the rich. "There is no monopoly on becoming a millionaire," she wrote in an industry magazine column. "If you're jealous of those with more money, don't just sit there and complain. Do something to make more money yourself -- spend...
  • Per-Pupil Spending Little To Do With Performance

    08/28/2012 8:26:58 AM PDT · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 8/23/2012 | Audrey Spalding
    Grand Haven High School, a suburban school near Muskegon, received an 'A' on the Mackinac Center's new high school report card, which means that student test scores from 2008 to 2011 were better than expected, on average, given the socioeconomic background of its students. Almost 26 percent of the school's students are eligible for free or reduced-price lunch. On the other side of the state, Chippewa Valley High School, a suburban school near Clinton Township north of Detroit, received a 'D' on the high school report card. Almost 21 percent of Chippewa Valley students are eligible for free or reduced-price...
  • Republicans Eye Return to Gold Standard

    08/23/2012 3:42:23 PM PDT · by barmag25 · 54 replies
    CNBC ^ | Thursday, 23 Aug 2012 | Robin Harding and Anna Fifield
    The gold standard has returned to mainstream U.S. politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy. Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold. The move shows how five years of easy monetary policy — and the efforts of congressman Ron Paul — have made the once-fringe idea of returning to gold-as-money a legitimate...
  • The Ascent of Money: A Financial History of The World __by Niall Ferguson

    08/22/2012 8:54:43 AM PDT · by Lorianne · 8 replies
    You Tube/ BBC ^ | 07 November 2011 | Niall Ferguson
    Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. http://www.niallferguson.com Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as...
  • LeBron James' New Nike Shoes Will Be Most Expensive Ever [No Criticism for this member of the 1%]

    08/22/2012 3:12:55 AM PDT · by SoFloFreeper · 25 replies
    New Times ^ | 8/21/12 | Chris Joseph
    ... People have forked over up to $250 bucks for sneakers named after NBA stars. But now, if you want the latest LeBrons, which are set to debut this fall, you're going to have to lay down $315 to get them.
  • Making Too Much Money? (Is there a point when government can say 'You've made enough'?)

    08/17/2012 7:07:52 AM PDT · by SeekAndFind · 26 replies
    American Thinker ^ | 08/17/2012 | Charlotte Cushman
    In an interview in Investor's Business Daily on August 13, 2012, Mitch McConnell said: "We have an administration that believes if you are making a profit you are up to no good. You must be cheating your customers or mistreating your employees or both. "I just met a guy who was running a medium-size business. He said, 'We never had much to do with regulators, but we had one show up recently.' He said they came out just fine, which caused the business owner to ask, 'Why are you here?' And (the regulator) said, 'Mister, you are making too much...
  • Dave Says Clip 'Em

    08/15/2012 9:24:13 AM PDT · by Altariel · 5 replies
    Townhall.com ^ | August 14, 2012 | Dave Ramsey
    Dear Dave, Is it worth the time and effort to use coupons, or are they just a waste of time and a ploy to get you to buy things? Tammy Dear Tammy, Coupons are definitely a ploy to entice you to buy something you may not have purchased otherwise. But that doesn’t mean they’re bad things. The practical and sensible application of coupons can definitely help you save money. The main things to watch out for when using coupons are overbuying and spending your money on things you don’t really need. Seriously, you don’t need to hit Sam’s or Costco...
  • Democratic National Committee Moves Its Money to Amalgamated Bank (America's Labor Bank)

    08/11/2012 6:11:42 PM PDT · by Libloather · 11 replies
    Sacbee ^ | 8/10/12
    Democratic National Committee Moves Its Money to Amalgamated BankBy Amalgamated Bank Published: Friday, Aug. 10, 2012 - 2:35 pm WASHINGTON, Aug. 10, 2012 -- /PRNewswire/ -- The Democratic National Committee (DNC) announced today that it has recently moved its primary banking relationship to Amalgamated Bank, America's Labor Bank. The DNC will use Amalgamated Bank's cash management services to handle its day-to-day banking needs. **SNIP** In announcing the new alliance with Amalgamated, DNC Chair Debbie Wasserman Schultz said, "We are proud to join forces with Amalgamated Bank, an organization with a 90-year legacy of reflecting the values of our nation's middle...
  • Abbas Meets Blair, Asks for Financial Support

    08/07/2012 10:12:09 PM PDT · by Eleutheria5 · 4 replies
    Arutz Sheva ^ | 8/8/12 | Elad Benari
    Palestinian Authority Chairman Mahmoud Abbas received Quartet representative Tony Blair in Ramallah on Tuesday and called to support the PA financially. The PA-based WAFA news agency reported that Abbas briefed Blair on the latest political developments and the dilemma the peace process is facing, due to what he termed the Israeli government’s intransigence and refusal to abide by the international law. The report said that Abbas insisted on the importance of providing financial support to PA, especially during the critical financial situation it is going through. .....
  • Dave Says on Business Commission Only is Rare

    08/01/2012 1:31:38 PM PDT · by Kaslin · 3 replies
    Townhall.com ^ | August 1, 2012 | Dave Ramsey
    Dear Dave, I own a small business, and I pay my people on straight commission. We’ve started growing a bit, and I’m having trouble finding good, new reps who want to work under this kind of compensation structure. Does your team work on commission, and if so, how do you do it? Gary Dear Gary, I love commission plans that rely heavily on incentives. I just plain love the idea of commissions. I mean, I’d put my receptionist on straight commission if I could figure out how to make it work. But honestly, there’s hardly anyone on my team that...
  • Carbonite CEO: Dropping Rush Limbaugh Hurt Revenue More than Expected

    08/05/2012 3:13:47 PM PDT · by marktwain · 6 replies
    breitbart.com ^ | 3 August, 2012 | Tony Lee
    When Media Matters helped organize the Stop Rush boycott pressuring corporations to pull advertisements from Rush Limbaugh’s show, the online file storage company Carbonite was one of the first big names to give in. Now, as William Jacobson of the “Legal Insurrection” blog noted, Carbonite’s CEO David Friend conceded on a conference call that dropping Limbaugh deeply hurt the company’s earnings. “It turned out to be a bigger hole in our revenue than we had thought when we initially did this,” Friend said on a conference call on August 1. In fact, as Jacobson wrote, Carbonite’s 2nd Quarter 2012 results...
  • “Denial” is not a river in Egypt…

    08/01/2012 8:51:22 PM PDT · by jaypounder · 7 replies
    The Event ^ | 08/01/2012 | Jay Pounder
    “Denial” is not a river in Egypt… "In other periods of depression, it has always been possible to see some things which were solid and upon which you could base hope, but as I look about, I now see nothing to give ground to hope—nothing of man." - Former President Calvin Coolidge, 1932 I had an interesting conversation yesterday with someone who has just recently started to get their head around this idea of coming “The Event”. She had an interesting viewpoint on why so many people are offering up resistance to this idea of what's coming. “People continue to...
  • Dave Says It's Matt's Universe, Not Dave's

    07/24/2012 10:43:55 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | July 24, 2012 | Dave Ramsey
    Dear Dave, My wife and I are on Baby Step 2 of your plan, and we’re paying off our debt. I’ve been trying to sell my motorcycle and listed it for $5,000 on Craigslist. The other day, a guy offered me $2,000 cash and a boat for the bike. I’ve always really wanted a boat, but I’m not sure this is the time. And the money would only make a small dent in our debt. Would this kind of deal be legal in the Dave Ramsey universe?MattDear Matt,It’s an interesting deal, but at this stage of the game I think...
  • EARMARKS

    07/28/2012 10:10:04 PM PDT · by AMP1
    AmpersanArchist.com ^ | 2012-05-19 | AmpersanArchist1
    EARMARKS $129,859,196,359 This is a short outline describing only one method, only one very small portion of the vast Federal Budget, that elected officials use, with impunity, to TRANSFER WEALTH from hard working citizens, like you, to UNDESERVING PATRONAGE GROUPS. Or, to put it in other terms, they STEAL your money and BUY LOYALTY and VOTES so they can stay in office and power. Or to put it yet another way, THEY APPROPRIATE THE MONEY YOU WORKED YOUR ASS OFF TO EARN AND RE-DISTRIBUTE IT IN A MORE “FAIR” WAY. Don’t forget they are SMARTER than you and know how...
  • ART CASHIN: We Are At Risk Of Hyperinflation

    07/27/2012 3:58:20 PM PDT · by blam · 17 replies
    TBI ^ | 7-27-2012 | Sam Ro
    ART CASHIN: We Are At Risk Of Hyperinflation Sam Ro Jul. 27, 2012, 5:55 PM Art Cashin, director of floor operations for UBS Financial Services, is sounding the alarm on hyperinflation. "There is plenty of money around but it’s not finding its way into the system," said Cashin in an interview with King World News. Here's more: By standards, the amount of liquidity that’s around the globe should be hyperinflationary. It is not. It is because when Bernanke flies over your house and drops millions of dollars in fresh cash on your lawn, you are so terrified you pick it...
  • Russian NGOs scoff at new law (Foreign funding)

    07/22/2012 3:06:13 PM PDT · by Navy Patriot
    San Francisco Chronicle ^ | July 21, 2012 | AP
    Russian President Vladimir Putin on Saturday signed into law a new measure that requires nongovernmental organizations receiving funding from abroad and engaging in political activity to register as foreign agents. Some NGOs have vowed to ignore or circumvent the law, while its critics note that the vague definition of political activity could be applied against a wide range of initiatives. Putin, meanwhile, has alleged that recent protests against him were instigated and funded by the United States. The law also requires NGOs identified as foreign agents to submit detailed annual financial reports, which critics say would be a time-consuming and...
  • Adelson fights US Democrats over “prostitution money” donation to Republicans

    07/19/2012 2:01:57 PM PDT · by redreno · 4 replies
    Macau Daily Times ^ | 07/19/2012 | unknown
    Las Vegas Sands’ boss Sheldon Adelson is threatening to file a libel lawsuit against the U.S. Democratic Party’s allegation that the billionaire is using the money gained from prostitution business in his Macau resorts to finance the Republican’s election campaign, according to a report by the Las Vegas Review-Journal. The report says Adelson is preparing to fight the Democrats in the courtroom as well as on the campaign trail, as a lawyer representing Adelson threatened to file a libel suit against the Democratic Congressional Campaign Committee (DCCC), after it posted blogs alleging the Las Vegas casino magnate was funding Republican...
  • Government Program Gives $30 Million To Seven Universities, Creates Less Than Half of Projected Jobs

    07/18/2012 1:57:04 PM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 7/14/2012 | Matthew Needham
    A state program that awarded nearly $30 million to Michigan universities for job creation in Competitive Edge Technology sectors has created 153 jobs, a little more than a third of what was projected. The Competitive Edge Technology Grants and Loans program awarded over $100 million to various universities, companies and research firms "to encourage the development of competitive edge technologies to create jobs in the state." Twenty-nine grants totaling over $29 million went to seven Michigan universities in 2006 and were projected to create 411 jobs. A 2011 progress report states that 209 jobs have been created, but 56 jobs...
  • Controversial cover questions LDS business practices [Mag cover image provokes Mormons]

    07/14/2012 9:53:56 AM PDT · by Colofornian · 72 replies
    Fox13 (Salt Lake City) ^ | July 13-14, 2012 | Brittany Green-Miner and Max Roth
    SALT LAKE CITY – The Church of Jesus Christ of Latter-day Saints is under national scrutiny again, this time from Businessweek, whose cover story this week investigates “How the Mormons Make Money.” The article suggests that the LDS church doesn’t contribute many resources to charity and that they leverage volunteer hours for profit. Images that accompany the article are causing as much controversy, if not more, as the article’s words. [READ: How the Mormons Make Money on Businessweek.com] The periodical’s cover has an image of John the Baptist with hands on LDS founder Joseph Smith and Oliver Cowdry with a...
  • Dave Says Deal with Debt

    07/10/2012 10:43:32 AM PDT · by Kaslin · 16 replies
    Townhall.com ^ | July 10, 2012 | Dave Ramsey
    Dear Dave, My niece just graduated from college with $20,000 in student loan debt. Her boyfriend graduated as well, and they’re talking about getting married. He has $115,000 in loan debt and wants to go to graduate school. They both want to be teachers, and she’s currently job hunting. The idea of all this debt hanging over their heads bothers her. Do you have any advice on how she can come to peace with the situation?DeniseDear Denise,This is a really interesting question. In a way, I’m glad she’s conflicted about the situation. At the same time, I wouldn’t want it...