Iceland forgives mortgages.......Read more here.............:Read more »
GSA Scandal Reflux: Obama Admin Blames Bush or, More Proof That Frat-Boy-Style Spending is a Bipartisan ProblemRead more »
First They decided to get rid of pennies, no the Canadian Mint looks to completely digital currency.Read more »
No surprise here. It's noteworthy that it had to get this bad in the first place in order for it to even be reported.Read more »
WASHINGTON -- Video excerpts from the lavish 2010 General Services Administration conference in Las Vegas surfaced Thursday, adding fuel to a growing controversy over wasteful government spending.
A six-minute clip released on Capitol Hill features a music video of a GSA worker rapping about becoming "commissioner" in a song dotted with jokes about spending freely on computers, employee bonuses and "all the things your buildings never had."Read more »
Senator Durbin To Chase CEO: You're Already Gouging The Consumer, So Stop ComplainingRead more »
The trader, who was not willing to be named, said he spent four hours a day on Bitcoin, describing it as his second job. He estimated 90 percent of traders have bought it, most "looking for a quick 2,000 percent".
He and three other traders are currently seeking Bitcoin startups to invest in, he said, adding he was hoping to put in $300,000 worth.
It's the end of the line for Canada's humble penny. The government has decided the lowest denomination coin is more trouble than it's worth, so the Royal Canadian Mint will stop distributing the penny this fall. "It costs taxpayers a penny-and-a-half every time we make one. We will, therefore, stop making them.", said Finance Minister Jim Flaherty.Read more »
Shopping in Kitchener, ON, Canada, saw this sign by the checkout addressing accepting American currency. Couldn't help but laugh.Read more »
Criminals around the country are stealing an inordinate number of bottles of Tide laundry detergent. On the street, Tide is known as “liquid gold.” Harrison Sprague of the Prince George’s County, Maryland, Police Department says that his undercover agents are asking for drugs but being offered Tide instead. They are busting drug rings and finding more blue liquid than white powder. The driving force here is a war on the dollar. Carrying around vast amounts of cash raises questions among the authorities.Read more »
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