money

NOURISHING NATION feeding liberty, life and the pursuit of happiness

Posted July 15th, 2012 by Mattfree88
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NOURISHING NATION
feeding liberty, life and the pursuit of happiness

End of the middle class and the Fed explained: video

If an alien from planet Zenon lived amongst humans for some time and then explained the end of the middle class and how the Federal Reserve works to a second alien, it might sound something like this.

Just something sad but true in celebration of T.G.I.F. (that’s ‘Thank God It’s Friday’, in case you don’t read text or Newspeak).

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A Health Care "Tax Credit"?

Posted July 14th, 2012 by pmfalcon
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Many people call the "health care" penalty/tax unconstitutional. SCOTUS somehow calls it a "tax", in a (pathetic) effort to legitimize the legislation.

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Occupy group drops $5,000 from hotel to protest money in politics

Posted July 5th, 2012 by ecigarettes
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MicCheckWallStreet, an offshoot of the Occupy movement, staged the demonstration at 5pm. The group's website declared that it is "time we declared independence from Citizens United" – citing the supreme court case which effectively ruled that corporations can make political contributions. A video posted to YouTube shows two people tossing the cash – which MicCheckWallStreet said was in $1 and $5 bills – out of a window above downtown Seattle. The group had signalled its intentions on its website, asking for donations to a wepay.com account.

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Pulling A Fast One About Capitalism Causing All

Posted July 4th, 2012 by Mattfree88
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Pulling A Fast One About Capitalism Causing All The Mess In The Economy

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Two-thirds of Americans wouldn't survive a financial emergency

Posted June 25th, 2012 by Cyphase
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If the standard financial wisdom is true – that surviving a financial catastrophe requires a 6-month cache of emergency savings – then two-thirds of Americans may be in for a nasty surprise.

Only a quarter of U.S. adults have more than six months of funds set aside and readily accessible for such disasters; 28% had none at all, according to Bankrate.com.

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Secretive Internet currency’s server hacked; money stolen

Posted May 14th, 2012 by Mattfree88
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Secretive Internet currency’s server hacked; money stolen

Upwards of $90,000 worth of Bitcoins have been stolen from an exchange service website this week, marking the second time in nearly two months that the cyber-currency has been compromised due to a security breach.

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Euro Officials Begin to Weigh Greek Exit From Common Currency

Posted May 13th, 2012 by Mattfree88
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Euro Officials Begin to Weigh Greek Exit From Common Currency

Greece’s possible exit from the euro area moved to the center of Europe’s debt-crisis debate, with officials beginning to weigh the fallout of a withdrawal even as authorities in Athens struggled to form a government.

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The Man Who Quit Money

Posted May 5th, 2012 by pmfalcon
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Daniel Suelo hasn't made a penny in 12 years. He hasn't spent a penny either. He is the subject of the book "The Man Who Quit Money," by Mark Sundeen. In 2000, Suelo had $30 to his name. He left the money in a phone booth and never looked back. Since then, Suelo has lived on public lands, foraging in dumpsters and canyons for food. He welcomes the generosity of others. He doesn't pay taxes. Doesn't accept any form of government welfare. And appears relatively happy. "He is not suggesting or encouraging that anyone else live like him," Sundeen told Brown.

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Half of College Grads Under 25 are Unemployed or Underemployed

Posted April 26th, 2012 by Mattfree88
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Half of College Grads Under 25 are Unemployed or Underemployed

Recent projections have job prospects improving for 2012's college graduates. But there's a lot more room for improvement than we're likely to see:

About 1.5 million, or 53.6 percent, of bachelor's degree-holders under the age of 25 last year were jobless or underemployed, the highest share in at least 11 years. In 2000, the share was at a low of 41 percent, before the dot-com bust erased job gains for college graduates in the telecommunications and IT fields.

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Can You Fix the U.S. Budget? Test Yourself

Posted April 23rd, 2012 by Mattfree88
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Can You Fix the U.S. Budget? Test Yourself

If you haven't tried The New York Times's Budget Puzzle yet, give it a shot. It's a quick interactive exercise that lets you make all the hard decisions (or easy, politically unpopular decisions, as the case may be) to see if you can come up with a combination of cuts and taxes that balance the books.

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