Now I wasn’t dumb enough to get into a house
Nor would I have been dumb enough to take out a 2nd mortgage –oops–”HELOC”
And I am esp not dumb enough to do business with Wells Fargo
But I post this just to shed a little more light on the cockroaches.
http://www.latimes.com/business/la-fi-lazarus-20120914,0,5732676,full.column
Question: When is a contract not worth the paper it’s printed on?
Answer: When it contains weasel words so broad in scope that one [...]
The number of diagnoses of the sexual transmitted infection gonorrhoea has increased by an “unprecedented” 25 per cent in the past year, the Health Protection Agency has revealed.
Gonorrhea, the second most common bacterial STI in the UK, is becoming increasingly resistant to antibiotic treatment and Britain faces “the very real danger of the untreatable gonorrhoea in the future”, health experts said.
There were 20,965 new cases of gonorrhoea diagnosed in England [...]
A CEO who was fired for allegedly dating an employee while he was still married asked the company’s board for permission to date the woman – and despite being giving the nod of approval was forced to resign anyway.
Stephen P. MacMillan, 48, was fired from his position at U.S.-based medical device maker Stryker Corporation about two months ago. He earned almost $5million a year including bonuses.
At the time of his [...]
The developer of a luxury condo building in New York City’s Greenwich Village has listed a parking spot for $1 million.
The 12-foot-by-23-foot parking space is an extravagant first, even in a city known for sky-high real estate prices.
For just six times the price of the average American home, the owner of the covered slab at 66 East 11th Street can avoid the hassle of finding a spot on the street [...]
Australia will become the first major economy in the developed world to record a surplus since the start of the global financial crisis.
Julia Gillard, the prime minister, has pinned her political future on a “Robin Hood” budget which includes sweeping handouts worth more than £3 billion to reverse her dwindling public support.
Relying on extra revenues from mining companies, the Government has forecast a surplus of about £1 billion – the [...]
Wolf Richter www.testosteronepit.com
It’s not like the hapless Greeks—and by extension their foreign sponsors—don’t already have enough problems on their hands. Now comes the Hellenic Statistical Authority with its just released Labor Survey that showcases a job market and unemployment issues that were the ugliest ever. And within this sobering picture there was one number that knocked the breath out of hope itself.
The overall unemployment rate in January jumped to 21.8% from 21% the [...]
ATHENS – Greece’s jobless rate rose to a record of 21.8 per cent in January, twice as high as the euro zone average, statistics service ELSTAT said on Thursday, as the debt crisis and austerity measures took their toll on the labour market.
Youth unemployment remained at levels where more are jobless than in work.
Budget cuts imposed by the European Union and the International Monetary Fund as a condition for saving [...]
From Dividend Growth Investor:
One of the biggest challenges that retirees face is inflation. Inflation decreases the purchasing power of the dollar every year.
Over the past decade, inflation has averaged 2.40% per year, which has been slightly below the long-term average of 3% annually. Even if inflation were to continue to remain around 3% for the next few decades, this would affect the standard of living of retired investors over time. [...]
Mother Carol Bart, 52, is speaking out for rape victims, saying thousands of rape kits sit untested on shelves for months and even years
Between 180,000 and 400,000 rape kits remain untested across U.S., one estimation says
One rape victim who was forced to wait 24 years for her rape kit’s results is now taking action to make sure other women in her predicament aren’t subject to the same backlog.
Carol Bart, 52, [...]
by Lance Roberts of Streettalklive.com
Bringing The “Not In The Labor Force” Mystery To Light
There has been much debate over the weekend regarding the 1.2 million individuals who moved into the “Not In Labor Force” category in Friday’s Bureau of Labor Statistics report, which included an increase to the total population of 1.5 million. From the Wall Street Journal:
“Here’s what happened: According to the Census Bureau, the civilian population [age 16 and over] grew by [...]
Texas has become the latest state to require companies to disclose the types of chemicals used in hydraulic fracturing (“fracking”).
Adopted by the state legislature last year, the new rule has been heralded by environmentalists and industry as an important step in transparency for the controversial drilling method.
In addition to disclosing the name of each chemical ingredient applied during fracking, the regulation calls for the information to be posted on a [...]
Italy’s youth unemployment has reached a new record high of over 30 percent, as it confirms that the euro-zone’s third-largest economy is already in recession
Press TV
January 5, 2012
According to seasonally adjusted figures released by ISTAT on Thursday, the unemployment rate for young people aged 15 to 24 years have reached 30.1 percent in November, while the country’s overall unemployment rate stands at 8.6 percent.
The number of people looking for work [...]
Starbucks jobs plans add to the thousands of other new service sector jobs announced this week
US coffee giant Starbucks plans to expand further in the UK, creating 5,000 UK jobs over the next five years.
The company intends to increase the number of drive-through coffee outlets, typically found at motorway service stations, from nine to 200.
It also plans to open another 100 High Street coffee shops.
This week thousands of jobs [...]
Last week, the Washington Post attacked Marco Rubio for “misrepresenting” his family’s story. The Post got called out by other newspapers for the Post’s egregious truth stretching to make its story fit. In the quotes the WashingtonPost cited, the reporter misrepresented the context of Marco Rubio’s remarks. It was true that Rubio had gotten some details wrong. But it was also very clear that they were the innocent mistakes of a son retelling his [...]
By Phil Izzo
Student loans are on the rise, but so is the delinquency rate on them.
On Monday Real Time Economics noted that since the depths of the recession the only type of credit to notch growth was student loans. Credit to students also stands out when looking at delinquency rates.
In the second quarter, 11.2% of student loans were more than 90 days past due and the rate [...]
By John Tompkins
LAKE JACKSON — After serving almost 24 years in the U.S. House of Representatives, Congressman Ron Paul told The Facts exclusively this morning he will not be seeking another term for the District 14 seat.
Paul, 75, will instead focus on his quest for the presidency in 2012.
“I felt it was better that I concentrate on one election,” Paul said. “It’s about that time when I should change tactics.”
His announcement [...]
RUSSIAN Prime Minister Vladimir Putin has decided to run for the presidency next year, raising the possibility of a power struggle with his protege Dmitry Medvedev, the incumbent Kremlin leader, say highly placed sources.
The once-close relationship between Mr Putin, the tough-talking former KGB officer who has inspired a personality cult, and Mr Medvedev, a softly spoken Twitter enthusiast, has become increasingly fractious amid [...]
via CBS:
(AP) JOINT BASE LEWIS-MCCHORD, Washington – A military judge has sentenced a U.S. soldier to 24 years in prison for his role in a conspiracy with fellow soldiers that led to the murders of three unarmed Afghan civilians.
The decision by Lt. Col. Kwasi Hawks on Wednesday comes after Spc. Jeremy Morlock pleaded guilty to three counts of murder, and one count each of conspiracy, [...]
by zh
The numbers are stunning: those earning over $150,000 in the past five years have grown from 7,420 to 82,034, a 1,006% increase. More shockingly, those earning over $180,000 has surged from just 805 in 2005, to 16,912 in 2010: a 2,001% increase. And it is on the background of this that Congress is planning on giving 2.1 million federal workers another 1.4% across the [...]
http://www.usatoday.com/news/nation/2010-11-10-1Afedpay10_ST_N.htm
The number of federal workers earning $150,000 or more a year has soared tenfold in the past five years and doubled since President Obama took office, a USA TODAY analysis finds.
The fast-growing pay of federal employees has captured the attention of fiscally conservative Republicans who won control of the U.S. House of Representatives in last week’s elections. Already, some lawmakers are planning to use the [...]
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