Friday, February 29, 2008

A Sit-Down with Warren Buffett - Thoughts on Business



Noted from a Q & A at Emory's Goizueta Business School with (according to Forbes) the world's second richest man, Warren Buffet.

Thursday, February 28, 2008

Another Rate Cut Coming?



Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy.

Energy-Efficient or a Pain in the Bulb?



As sales of environmentally friendly light bulbs grow, so do complaints.

Vale talks to take over Xstrata hit impasse: source (Reuters)



Reuters - A dispute over marketing rights held by
mining group Xstrata's biggest shareholder is threatening a
possible takeover by Brazil's Vale worth around $90 billion, a
source close to the situation said.

Wednesday, February 27, 2008

How to turn white evangelicals into Democrats



Feb. 26, 2008 | Amy Sullivan is a senior editor at Time, a liberal Democrat, and an evangelical Christian. One of those things is not supposed to be like the others, but she argues in her new book that her fellow Democrats need to reach out to her fellow evangelicals if they hope to build an electoral majority. In "The Party Faithful: How and Why D

US stocks higher despite grim data (FT.com)



FT.com - US stocks moved higher on Tuesday when investors weighed disappointing economic data against encouraging corporate news.

Tuesday, February 26, 2008

Alabama whistleblower says Rove trying to smear her



A whistleblower in the Don Siegelman case said Monday that the coordinated smear attack on her credibility by the state's GOP and the American Spectator publication are being pushed by Karl Rove – the former senior aide to President Bush – in retaliation for her revelations of his role in the investigation and conviction of Don Siegelman.

Another left-handed president? It's looking that way



Four out of five of the last U.S. Presidents were left-handed, and the next one probably will be, too

The World's Most Expensive Rental Markets



Thinking of renting a home overseas? These prices might force you to reconsider.

Monday, February 25, 2008

Answer Desk: Tax rebate riddles



As readers sit down to the annual brain-teaser of filing their income tax returns, this year offers a new enigma. Will I get one of these tax rebates from the government?

Russ Feingold: "I Voted for Barack Obama"



Senator Russ Feingold, a progressive icon who was the only Senator to vote against the Patriot Act in 2001, proposed the first timeline for bringing the troops home from Iraq and sought to censure Bush over warrantless wiretapping, said he voted in Tuesday's Wisconsin primary for Barack Obama.

Sunday, February 24, 2008

The Burn Bag. When shredding evidence just isn't enough



A senior U.S. Secret Service inspector admitted today that she destroyed original evidence sought in a long-standing lawsuit alleging that the service routinely discriminates against African American agents. She placed the documents in a “burn bag” for destruction just two days before she was scheduled to testify in the case.

Is China Losing Its Edge?



Some companies look to cheaper markets as rising costs hit Chinese factories.

Escorts To Super Bowl Tickets, Inside Iraq war profiteering



The graft continued well beyond the 2004 congressional hearings that first called attention to it. And the massive fraud endangered the health of American soldiers even as it lined contractors' pockets, records show.

Saturday, February 23, 2008

Tax Tactics front page



There are ways to minimize losses in a stock market downturn, and you can even profit from one. But each technique, from stop-loss orders to short sales to “put” options, has drawbacks.

If Obama Went 0-for-10 . . .



Humor me while we conduct a little thought experiment. Imagine that Obama had lost 10 contests in a row. What would the conventional wisdom say? That it was over, of course. The above, is an accurate description of where Clinton stands right now. Yet nobody is forcing her to respond to those questions. The reason is obvious: She's Hillary Clinton.

Monster Music Collection: $3M+ on eBay



Man's Library of Congress-sized collection fails to top $4.9M paid for jet.

Friday, February 22, 2008

Deputy tasers high school student against direct orders



Disgusting. Those things need to be banned.

Incredible lapse in security at Obama rally!



America wants a president of change, not a martyr, right? Keep our man safe!

United to Charge $25 to Check Second Bag



The airline, struggling with high fuel costs, hopes to raise more money this way

Thursday, February 21, 2008

Supreme Court allows retirement plan suits



The Supreme Court ruled Wednesday that individual participants in the most common type of retirement plan can sue under a pension protection law to recover their losses.

No Oil, No Peace, No Problem



In 'Fuel of War,' players can have fun as an oil shortage spurs a new world war.

Wednesday, February 20, 2008

The new US $5 (FIVE) Dollar Bill. It's got purple!



George Washington must be green with envy.

Building a Life on $25 and a Gym Bag



College Graduate Leaves Comfortable Life for Poverty Experiment

Tuesday, February 19, 2008

Pictures That Changed The World



Slate magazine has a collection of Magnum photos which changed the world. Mostly doused in black and white gradients, these pictures feature significant historical incidents. Some of them, like the picture of the girl who grew up in a concentration camp are remarkably powerful reflections on our actions.

Medtronic quarterly net falls (Reuters)



Reuters - Medical device maker Medtronic Inc
on Tuesday said quarterly earnings fell on charges
related to the acquisition of Kyphon.

Monday, February 18, 2008

Explosion Rocks Texas Oil Refinery



At least four people were injured in explosion that shook buildings miles away.

Solar Companies Beat Economic Slump



First Solar and SunPower ride high on solar energy, despite bleak economy.

Sunday, February 17, 2008

New York Times Plans to Cut 100 Newsroom Jobs



"The newspaper will bow to growing financial strain and cut 100 newsroom jobs this year, primarily through attrition and buyouts, but layoffs are a possibility, the executive editor said."

Cost of Removing Body Thetans [PIC]



How about ?750,000?

Obama camp cries foul over Clinton stance in Florida



After eight losses in a row and no victories in sight this month, Hillary Clinton's campaign renewed calls Wednesday for the votes in Florida and Michigan to count toward delegates that would help her catch Barack Obama.

Saturday, February 16, 2008

In Pictures: Where the World's Oil Money Is Going



A photo gallery of where your energy dollars are going. Shocking. A giant indoor ski slope. The world's first underwater hotel. 300 artificial new islands at $30 million a pop. And more...

Sad, self-absorbed shoppers spend more



Feb. 8: A new scientific study says shoppers spend more money when they are sad. NBC's Tracie Potts reports. ?(NBC News Channel)If you’re sad and shopping, watch your wallet: A new study shows people’s spending judgment goes out the window when they’re down, especially if they’re a bit self-absorbed.




Friday, February 15, 2008

Too Many McMansions: Ride Storm or Sell?



Many homeowners struggle to find buyers for their million-dollar properties.

Thursday, February 14, 2008

New Bill To Allow Police Misconduct Be Hidden From Public



A new bill proposed at the legislature would allow for police to withhold misconduct reports from the public. Supporters of the bill believe that police misconduct should be kept secret from the public so to not discredit police testimony. Others say that a forthright police unit is essential to the community.

Answer Desk: How much will my rebate be?



What could be simpler than handing out tax rebates? Alas, with all things related to the U.S. tax code, the question of who gets what turns out to be not so simple.

Wednesday, February 13, 2008

Clinton Ex-Campaign Manager Backs Obama!



An aide to Barack Obama says the man who led former President Clinton's 1992 bid plans to endorse the Illinois senator. ....the announcement would be made public later in the day.

Deere quarterly net rises (Reuters)



A John Deere lawn mower is seen in an undated file photo. Deere  and  Co said on Wednesday its fiscal first-quarter earnings rose 55 percent, as soaring crop prices boosted demand for agricultural equipment across the globe. (PRNewsFoto/John Deere/Reuters)Reuters - Deere & Co said on Wednesday its
fiscal first-quarter earnings rose a better-than-expected 55
percent, as soaring crop prices boosted demand for agricultural
equipment across the globe.




Oval Office Eats for Just $500



Enjoy dishes created for past presidents; plus recipes to cook them yourself.

Tuesday, February 12, 2008

10 Tips: How to score big at yard sales



With a little bit of advance planning, you can greatly improve your experience at garage sales and save serious cash on all sorts of purchases, both big and small.

Photo Gallery: Anonymous' Scientology Protest in Los Angeles



Portraits of the anons who raided the Church Of Scientology in Hollywood on 2/10/08.

Monday, February 11, 2008

Scientology Raid Austin, Texas



Pictures from this morning's events in Austin, Texas.

"We have brought to Iraq the worst of America" (Leaked Memo)



In a confidential memo, a long-time Republican, Manuel Miranda, who has served in the U.S. Embassy in Baghdad for the past year says the State Department's efforts in Iraq are so poorly managed they "would be considered willfully negligent if not criminal" if done in the private sector.

Sunday, February 10, 2008

MSNBC's Chelsea Comment Angers Clinton



Clinton communications director Howard Wolfson Friday excoriated MSNBC's David Shuster for suggesting the Clinton campaign had "pimped out" 27-year old Chelsea by having her place phone calls to Democratic Party superdelegates on her mother's behalf.

Blue Chip panel puts U.S. recession odds at 50 percent (Reuters)



Reuters - The odds of a U.S. recession stand
at nearly 50 percent amid a spate of data showing a weakening
labor market, signs of more credit tightening and turmoil in
the financial markets, the latest Blue Chip Economic forecast
is projecting.

Saturday, February 9, 2008

Are Muscle Cars Uncool?



Makers of the Camaro and the Challenger now cringe at the term "muscle car."

Last chance to stop immunity and warrantless spying



Tell your legislators to stand up to President Bush's fear-mongering: let the Protect America Act expire and allow the FISA Court to do its job. Our ability to track and monitor terrorists overseas would not cease should the Protect America Act expire. If this were true, Bush would not threaten to veto any bill w/o immunity and let PAA expire.

Friday, February 8, 2008

Product (RED): $100 Million Spent, $18 Million Raised



Product (RED) - Amount spent on advertising: $100 million. Amount raised for AIDS: $18 million.

107,000 demand Wikipedia remove this image of Muhammed



At last count, 107,000 protesters have signed an online petition demanding that Wikipedia take down this medieval image of the prophet Muhammed. "Please remove these illustrations and respect the peaceful request by vote. I dont want to see this again on any other things too," signer Haris Haseeb from United Kingdom writes on the petition.

10 Tips: Frugal Valentine's Day



Valentine’s Day sure can pack an unexpected financial punch. Consider these tips for dreaming up an approach to this year’s celebration that is both meaningful and economical.

Thursday, February 7, 2008

[PIC] Hilary and Bill Clinton in the 1970's



Bill's got a scruffy beard and a mop on his head. Hilary is rocking the classic 70's style sunglasses and straight hairdo.

Obama Well Positioned for Stretch Run



With superior fundraising and a slate of primaries, the structure of which favors his style, Barack Obama is in good shape as we embark on the 2nd half of the primary slate.

Productivity slowed in 4th quarter (AP)



Al Van Sant with East Falls Gulf Service Station gathers tools for brake work on a SUV in Philadelphia, Friday, Jan. 18, 2008. The Labor Department on Wednesday, Feb. 6, 2008 reported that productivity, the amount of output per hour of work, increased at an annual rate of 1.8 percent in the October-December quarter, down from a 6 percent performance in the July-September period. The slowdown reflected the fact that overall economic activity weakened considerably in the final three months of last year. (AP Photo/Matt Rourke)AP - Worker productivity, the key factor in rising living standards, slowed sharply in the final three months of the year as overall economic activity weakened considerably while labor pressures increased.




Wednesday, February 6, 2008

Fed wrestles with growth and inflation worries (Reuters)



Federal Reserve Board Chairman Ben Bernanke awaits the arrival of Senate Banking Committee Chairman, Sen. Christopher Dodd, D-Conn., Wednesday, Feb. 6, 2008, in Dodd's office on Capitol Hill in Washington.  (AP Photo/J. Scott Applewhite)Reuters - Federal Reserve officials on Wednesday
expressed concern about a possible U.S. recession but warned
that the central bank cannot let down its guard when it comes
to fighting inflation.




Online petition ask Wikipedia to remove pictures of Muhammad



An article about the Prophet Muhammad in the English-language Wikipedia has become the subject of an online protest in the last few weeks because of its representations of Muhammad, taken from medieval manuscripts.

As economy tumbles, retirees scramble to cope



Lea Wait gets an armful of wood from the stacked pile in her barn at her house in Edgecomb, Maine, on Wednesday, Jan. 23, 2008. Some retirees coping with the sliding economy save money by  lowering their thermostat and heat with a wood stove. (AP Photo/Pat Wellenbach)Rising food and fuel prices, falling interest rates and screeching declines in global stock markets have retirees paring spending to levels some haven't seen in decades.




Tuesday, February 5, 2008

10 Tips: Beat 'Gotcha Capitalism'



New book provides step-by-step instructions to help ordinary consumers fight back against the fly-by-night companies and the Goliaths that are nickel-and-diming us to death.

Fourth undersea cable cut near UAE, suspicions rise



For the fourth time in a week, an undersea communications cable in the Mediterranean Sea has apparently been cut, and while no official reports of subversion have surfaced just yet, things are beginning to get suspicious.

Monday, February 4, 2008

Change Your Votes Everyone! Hillary Cries On Cue Again!



That's right. Hillary tears up at a Connecticut rally. Twice on the day before an important primary, where the momentum is against her? I'm not sure what to say.

IRS Pencil Sharpener Now Available



In an effort to offset tax payer costs for the operational costs of its organization, the IRS is introducing a line of products, beginning with this fantastic pencil sharpener.

Americans slow to spend down IRA balances



Americans who have money stored in Individual Retirement Accounts tend to hang on to it for use in the later years of their retirement, according to a study being released Monday.

Sunday, February 3, 2008

Egypt says: No ships were in area when Internet Cables Cut.



The transport ministry added that footage recorded by onshore video cameras of the location of the cables showed no maritime traffic in the area when the cables were damaged.‘The ministry’s maritime transport committee reviewed footage covering the period of 12 hours before and 12 hours after the cables were cut and no ships sailed the area.

Keith Olbermann Blasts Hillary Clinton on her Iraq Vote



on reasons for voting against eleventh amendment.

Stocks Trade Flat on Mixed Economic News



Steep job losses and Microsoft's bid for Yahoo influence stocks.

Saturday, February 2, 2008

Gas Hike? Prices Could Reach 50 Cents/Gal



Experts predict national average pump prices will jump to $3.50 a gallon.

Record Year: Shell Posts $27,500,000,000 Profit



Shell smashed all-time British company profit records today, posting 2007 earnings of $27.5billion (?13.9billion), and immediately ran into a storm with union leaders, who are demanding the Government hits the oil giant with a windfall tax.

Friday, February 1, 2008

Airport Luxe: Terminals Spare No Expense



Virgin, British Airways fight for the sleekest, hippest terminal in London.

10 Tips: What to do with tax rebate?



Under a federal government stimulus plan, checks would be sent out in amounts ranging from $300 to $1,200 per household. How should you spend it?

Watchdog: Congress causes biggest tax problem



End-of-year congressional votes to change the tax code have created havoc for the Internal Revenue Service and top the list of problems bedeviling taxpayers, according to an annual report released Wednesday.