Are we running out of time? For the last several years, we have been living in a false bubble of hope that has been fueled by massive amounts of debt and bailout money. This illusion of economic stability has convinced most people that the great economic crisis of 2008 was just an “aberration” and that now things are back to normal. Unfortunately, that is not the case at all. The [...]
by Nick Hubble, Daily Reckoning.com.au:
Complete and utter claptrap. It’s really getting quite annoying. Greg Canavanreckons it’s ‘just like in 2006? – nobody knows what’s really going on.
Whether it’s data, surveys or opinions, all the information being pumped out in thefinancial media news is complete gobbledygook. But that doesn’t stop anyone from churning it out. The results are enough to make you go cross eyed.
Here’s a sample of a month’s worth of data and opinions from [...]
A New York City woman who dumpster-dives for all her food, doesn’t use toilet paper or do laundry, in an effort to have $250,000 in savings by next year has shared her secrets of frugality.
Kay Hashimoto, a Certified Public Accountant, hasn’t bought toiletries in ten years, but owns her own home in Harlem, which she bought in 2010 and paid off in nine months.
Her money-saving methods, featured in the new series [...]
If you want to save money, there are a few techniques that almost every personal finance expert will tell you.
Brown bag your lunch. Make your coffee or tea at home. Cut the cable. The list goes on and on and on. The “hardcore frugalists” might go as far as to suggest splitting two-ply toilet paper or cutting open your toothpaste container to get that very last bit.
Unfortunately, while those [...]
Black boxes China, JPM, WFC and Univ. of Michigan put out bullish “reports” on Friday. Besides the black box plays, the other market leaders were so called defensive stocks, toilet paper and cereal makers. The XLP, which represents non-discretionary consumers, trades at a mere 9 implied volatility on the puts, absolutely zero fear there.
There is also a huge bull market and demand for bonds that pay nothing or incredibly even [...]
The Defense Department has stopped issuing weapons to thousands of law enforcement agencies until it is satisfied that state officials can account for all the surplus guns, aircraft, Humvees and armored personnel carriers it has given police under a $2.6 billion program, The Associated Press has learned.
The department’s Defense Logistics Agency ordered state-appointed coordinators in 49 states to certify the whereabouts of that equipment that has already been distributed through [...]
According to the Wikipedia entry on Toilet Paper, “Americans use an average of 23.6 rolls per capita a year.” The quote itself is from a New York Times article on toilet paper and trees.
That said, it doesn’t mention quality or thickness, or how many sheets are in a roll. But just to be safe, I’d suggest tracking usage in terms of rolls and sheets – then estimate extra because in survival situations, [...]
Comedian Jon Lovitz tells jokes for a living but he took to Twitter about something that was most certainly not a laughing matter.
Mr Lovitz, known best for his years on Saturday Night Live in the late 1980s, was infuriated when his friend’s home was graffitied by a group of three ‘mean girls’ who went to school with the friend’s teenage daughter.
The three girls, apparently with the help of one of [...]
It is composed in the form of a song, but it really isn’t meant to be sung. It is probably actually more of an economic horror poem than it is a song. What I have tried to do is to point out the absurdity of what we are all being told by our politicians and by the media. Hopefully you will enjoy reading it as much as I enjoyed writing [...]
A new site prints out your Twitter feed on rolls of toilet paper – or you can pick your favourite celebrity and turn their words into wipes.
The site S***ter charges $35 for four rolls of paper printed with 140-word Tweets.
The Tweets appear printed on sheets with about four Tweets per sheet.
The site prints out all your Tweets – or anyone else’s – as a roll of toilet paper
The startup’s slogan [...]
Everything is literally insane right now, from the gutting of basic, core provisions in the U.S. Constitution, to a two party system that is the equivalent of heads you lose-tails you lose, to a Non-Federal Reserve-less Non-Bank that is enabling a corrupt political class working on behalf of a corrupt Crony Capitalist (aka Socialist) class to nearly double the official (and fraudulently understated) debt in just 6 years by conjuring [...]
(Reuters) – The great toilet paper crisis in New Jersey’s capital city is over.
Police, firefighters and other Trenton city workers down to their last sheets as the result of a City Council budget battle were rescued late Tuesday by animal rights advocates who offered six months of free rolls printed with a message about filthy slaughterhouses and the resulting fecal matter found in meat.
New rolls of paper were expected to begin arriving in city [...]
by Kendal Perez
This post originally appeared at Hassle-Free Savings.
Even novice couponers know the best source for grocery-store discounts (the Sunday circular) and have the smarts to time their shopping trips around a sale. However, unless you’re an extreme saver with surplus storage space for toothpaste and toilet paper, you may not be aware of many discounts crossing your path every day.
Before you let another dime go down the drain, check this list [...]
Desperate: Trenton City Hall is running dangerously low on toilet paper
Dire straits have been reached in the city offices of Trenton, capital of New Jersey, the third wealthiest state in the U.S.
War has broken out over the cost of toilet roll, meaning that the municipal government is running dangerously low.
Tension rose after it was announced that the city council wouldn’t sign off a toilet roll purchase, even though it has [...]
As WealthCycles.com pointed out in June last year, in The Price is Right, the index measuring price inflation from the point of view of the consumer, the CPI, has some stiff unofficial competition.
Google has tracked web-traded goods in the Google price index (GPI), the Massachusetts Institute of Technmology tracks over a billion prices in the Billion price project (BPP), and the American Institute for Economic Research calculates the everyday price index [...]
From Dr. David Eifrig in Retirement Millionaire:
If you’ve ever opened a yogurt container and been tempted to pour off the liquid swishing around on top, don’t. That liquid is swimming with millions of bacteria that provide yogurt’s key benefit.
The bacteria are called “probiotics” – literally “good bugs.” Probiotics have mean sounding names like Lactobacillus bulgaricus and Bifobacterium bifidum, but basically, they work to improve digestion and enhance your immune system. Eating [...]
This is a winter gardening project I’ve wanted to do for the past three years and I’ve finally gotten around to it. I found it in a self-published binder/book called Gardening in the Mountain West by retired Cooperative Extension agent Barbara Hyde. As soon as I read it, I realized it would be a great solution to carrot seeding. I hate thinning plants generally and I find thinning carrots particularly [...]
Via Peter Tchir of TF Market Advisors,
Holding 10, Queen, not suited, small stack, is it time go all in?
Both EFSF and ESM rely primarily on guarantees which we know Most European politician think is as valuable as toilet paper, so why not provide more? The ESM does have some paid in capital, but the plan is for minimal paid in capital and maximum usage of guarantees.
With the momentum from LTRO why [...]
Thanks ScubaRoo for “The Global Risks You Need To Freak Out About In 2012″. I found these two articles linking from it quite interesting:
The 25 Countries That Will Be Screwed By A World Food Crisis
12 Places To Go If The World Goes To Hell
Neither Japan nor Canada is in either category, well minus Yukon, but no one considers Yukon a part of Canada
All you really need to know is [...]
by The American Dream
#1 The White House Office of Faith-Based and Neighborhood Partnerships recently held a call during which religious leaders were encouraged to promote the flu vaccine during their worship services.
#2 The Obama administration has announced a plan to use U.S. foreign aid as a tool to promote gay rights in foreign nations.
#3 The U.S. Senate recently voted to legalize sodomy and bestiality for members of the U.S. military.
#4 The Obama administration is on the verge of allowing [...]
December 6, 2011
The northeastern region has been ordered to rein in its deficit and has embarked on a series of stringent austerity cuts.
The latest edict issued by the region’s ministry of education instructs state schools to cut “excessive consumption” of toilet roll among pupils and limit the quota to a maximum of 25 metres per child per month.
This most recent penny saving measure comes amid widespread cuts to [...]
The Washington Post reports that, under President Obama and his Health and Human Services Secretary Kathleen Sebelius, the Food and Drug Administration is considering letting “anyone of any age buy the controversial morning-after pill Plan B directly off drugstore and supermarket shelves without a prescription.” The Post writes,
“The Food and Drug Administration has until Wednesday to respond to a request from the drug’s manufacturer to make the pill as easy to get as toilet [...]
… To some people, stocking up/stockpiling is the same as hoarding, and hoarding is evil.
I disagree, and here are five reasons why it’s smart to stockpile everything from food to tools to toiletries and beyond.
1. Stockpiling buys you time. If the store shelves are empty, it’s a whole lot easier to begin using food in your storage pantry than it is to suddenly become a master gardener, growing your [...]
This is undoubtedly one of the hottest weekend reads in finance.
Nomura’s Jens Nordvig has written a quietly piece titled Currency risk in a Eurozone break-up – Legal Aspects that for the first time, really looks at the implications of a Eurozone breakup, and what it means to investors who are owed money in Euros.
In other words, if a bank, or a company, or the government in say Greece announces tomorrow that [...]
Buckle up, buttercups, because the EU has only two options at this point (and I say that HOPING someone can prove me wrong when making the following assertion, which I’ve been asserting for at least 3 months):
The EU can either:
1) Wind up the EU, essentially declaring it a failed project, given the massive cultural and economic disparities between its very disparate members, and initiate an orderly shutting down of the [...]
On a related matter, things are going to get extremely interesting now that the ECB has to print trillions in € in order to stave off an implosion of PIIGS+France+UK (PIIGS-FUK; with the UK directly, adversely submarined by the implosion of their largest export block) if Merkel & Sarkozy’s words and the much touted Eurozone stabilization has a snowball’s chance in hell of succeeding, even if “succeeding” (in terms of [...]
NEW YORK (CBSNewYork) — On Monday, Mayor Michael Bloomberg said “Occupy Wall Street” protesters can stay and have their say as along as they’re law-abiding.
But also expressing themselves were the business owners around Zuccotti Park, who are angered over the impact of the Wall Street protests, reports CBS 2’s Kathryn Brown.
In his strongest comments since protesters began occupying lower Manhattan four weeks ago, Mayor Bloomberg [...]
From Mike Krieger of KAM LP
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
- John Adams
What lies behind us and what lies before us are tiny matters compared to what lies within us.
- Ralph Waldo Emerson
The Euro is Finished
To regular readers of my pieces over the last several years this may not seem like a particularly poignant [...]
(JOLIET) Police say a Will County warehouse worker partnered with an accused murderer to rip off $60,000 in toilet paper and plastic utensils from his employer.
Elwood police Cmdr. Patrick Kerr said Juan J. Hernandez and William Chaban stole truckloads of merchandise from the Georgia-Pacific facility in Elwood between February and April.
The investigation began May 18 when the company told police pallets of bath [...]
National Toilet Paper Day
Isn’t every day toilet paper day? That seems accurate in the U.S. where the average consumer uses more than 20,805 sheets annually, according to Earth411. The first documented use of toilet paper can be traced to the 6th century, in early medieval China, according to the Shanghai News and Press Bureau. Paper is one of China’s greatest inventions, and the Chinese had been [...]
From Simon Black of Sovereign Man
US Government Asset Seizures On The Rise
The Wall Street Journal published a disturbing article earlier this week entitled “Federal Asset Seizures Rise, Netting Innocent With Guilty.”
You can already imagine the crux of the article.
In the United States, there are hundreds of regulations which authorize dozens federal agencies to confiscate private property– homes, cars, bank accounts, gold, company shares, and even personal [...]