OBAMACARE: Companies dump spouses from coverage

Companies have a new solution to rising health-insurance costs: Break up their employees’ marriages.

By denying coverage to spouses, employers not only save the annual premiums, but also the new fees that went into effect as part of the Affordable Care Act. This year, companies have to pay $1 or $2 “per life” covered on their plans, a sum that jumps to $65 in 2014. And health law guidelines [...]

LATEST DEVELOPMENT IN EURO CRISIS: Germany’s Top Court to Decide on ESM Injunctions on Sept.12!!!

WSJ story confirmed by BBG: ECB SAID TO SUPPORT BONDHOLDER LOSSES IF BANK BEING WOUND DOWN

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Germany’s Top Court to Decide on ESM Injunctions on Sept. 12 

https://twitter.com/zerohedge

Spain 10 Year: 6.752%, up 9 bps

Swiss 2 Year: -0.413%

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French Borrowing Costs Continue To Collapse

http://www.businessinsider.com/french-borrowing-costs-continue-to-collapse-2012-7

The ECB Is Overhauling Its Approach To Bank Bailouts

http://www.businessinsider.com/the-ecb-is-overhauling-its-approach-to-bailouts-2012-7

The following are 24 facts that prove that America is a nation of slobs….

by Michael

 

#1 Right now, approximately 36 percent of all Americans are obese.  It is being projected that number will rise to 42 percent by 2030.

#2 Back in 1962, only 13 percent of all Americans were obese.

#3 Medical costs related to obesity in the United States are estimated to be approximately $147 billion a year.

#4 All over America, our infrastructure is crumbling.  For example, in the most populated county in Alabama potholes the size of pizzas now litter the roads.

#5 The average American family purchases 200 pounds of meat per [...]

Barclays chief to get a total of £18 million ($28 million) reward for the failure of Barclays:

His payout, £11.9m in salary, annual bonus, long-term incentive awards, pensions contribution and other benefits, as well as £5.75m contribution to settle a tax bill incurred by Mr Diamond when he moved from the US to the UK to take charge of the bank last year. In total the package amounts to £17.7m.

His payout before including long-term awards and the tax contribution was only the third highest at the bank [...]

7 Jobs Where You Can Find Love

by Brandon Ballenger

Faced with the prospect of another Valentine’s Day alone?

Maybe it’s time for a career change.

Work search site Careercast.com recently put out a list of seven jobs where you might meet a mate – which maybe isn’t as silly as it sounds.

For one thing, as the list notes, “What other daily event is there where you go the full nine yards to look good other than for work?”

A forthcoming academic study from aStanford University researcher [...]

STUDY: USA not in top 10 for starting a business

The World Bank’s annual Doing Business report ranks the ease of doing business within 183 countries based on business-friendly regulations. The formula takes into account the ease of starting a business, factoring minimum cost, time, and available capital. Which economies are fostering start-ups? Get this, entrepreneurs: While the United States ranks fourth in the over-all ease of doing business in 2011, it didn’t crack the top 10 for start-ups. Here’s the [...]

News Alert: U.S. gets weak demand at 30-year sale; bonds fall

By Deborah Levine

NEW YORK (MarketWatch) — The Treasury Department sold $16 billion in 30-year bonds 30_YEAR [...]

Customer: “It’s much harder than it’s ever been before to figure out for what’s happening to what I’m buying”

by zh

The Amazing “Value Deflation” Inflation

Back then we recalled the experience of one Walmart shopper who shared the following story: “I noted with interest that the Wal-Mart I shop at had cleared the shelves of “Great Value” brand coffee in 39 oz cans for about 2 weeks. Today the new can appeared, with the following differences: 1.) Can is now 33.9 oz, down from 39 oz. Also conspicuously missing is [...]

When we go to the polls in November maybe we should be able to vote on:

by Moe

1- Does Congress deserve the power to vote themselves a raise whenever they like?

2- Does Congress deserve a different insurance plan than the rest of us?

3- Does Congress deserve their same salary & insurance till the day they die?

4- Should the Health Care Bill be repealed?

5- Should we have a balanced budget and a due date for that budget every year?

6- Should the big banks broken up, so the [...]

Eliminating wasteful spending

Deficit reduction is distinctly different from eliminating wasteful spending (which produces no economic growth and no jobs) and then redirecting that spending to projects which do provide jobs and growth:

1. $250BILLION per year for 865 military bases in 40 countries. Do we really need to continue imperial overstretch? We have more troops in Costa Rica (7,000) than at the Arizona border (1,200) which is dominated by Mexican drug cartels.
2. The [...]

Moderation will go a long way here:

1) fat people and unhealthy people: Start exercising and take your health into your own hands.

2) Doctors: Take a lower pay. Okay, but only as long as Malpractice premiums go down, a “public malpractice insurance option” is made available and everyone else does their part!

3) Medicare recipients: Take fewer benefits

4) Pharmaceutical companies: Follow ethical pricing

5) Insurance Companies: Do what you were supposed to do to begin with! Your CEOs don’t [...]