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Speaking of dry heaves: Shortly after putting a $20 bill into one of the machines, Paulson said he hit the jackpot. “Next thing I know there’s bells and whistles going off, the place is going crazy,” he said. The machine indicated he’d won $5.15 million; but as the quarters began to pour from the machine, […]
Context and commentary from Mischa: “The proposal warns that up to $739 billion in mortgages are at “moderate to high risk” of defaulting over the next five years and that millions of families could lose their homes. To prevent that, Bank of America suggested creating a Federal Homeowner Preservation Corporation that would buy up billions […]
Guess who has the shortest?
Ezra Klein: Republicans Wish You A Painful Tax Da So here’s a pretty nice policy idea from John Edwards: if the IRS already has all the information it needs to do your taxes, as it does for about 50 million Americans, why don’t we spare you the trouble and have the IRS do your taxes […]
Why U.S. tax policy makes saving a sucker’s game: For the first time since the Great Depression, the U.S. personal savings rate has “gone negative.” In 2005 and 2006, U.S. citizens spent more than they made. Economists disagree about just how ominous this is, but they generally agree on why it’s happening. Americans are “overspending.”
As black hair trends turned from relaxed and straightened back to more natural, the cosmetology industry, miffed at revenue lost to braiders and dread lock lockticians helped push through legislation in 2001 that made the ancient art of braids and dreadlocks requiring a 1500 hour cosmetology license. Back when I used to party all night, […]
Independent reviews of the Rich Jerk program on the way. I’ve watched this guy for quite a while and have always enjoyed his branding. It combines the best of marketing asshole-ism with branding bastardy. I loved the snarky salespages and the snotty attitude towards the customer. But then I saw the infommercial. Yup. An infommercial […]