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Entries Tagged as 'money'

the sun also sets, and a novel news source rises

February 2nd, 2009 · No Comments

A neat new U.S.-based news service called the Global Post has started covering events around the world, with an emphasis on regions that traditionally fly under the mainstream radar and a novel insistence that its reporters must live full-time in the countries they cover. It’s too early to say if it’ll live up to […]

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Tags: asia · finance · government · history · holy crap · japan · journalism · money · news · scary

happy birthday elvis, and other neat-o tidbits

January 8th, 2009 · No Comments

Born on January 8, 1935, Elvis Presley would have been 74 years old today. Other notable events on this day:

1835: For the only time in U.S. history, the national debt is exactly zero dollars. Today’s debt is just over $10.6 trillion, or about $35,000 for every man, woman and child in the country.

1867: […]

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Tags: curio · drugs · finance · government · history · money · music · obit · sad · stats · torture

america’s other currency: the “liberty dollar”

November 22nd, 2008 · 2 Comments

When I first saw this little story on the Consumerist, I thought it had to be a joke. But out of curiosity, I googled it — and came up with 113,000 hits, a flag-waving liberty dollar nutbar website, and a too-strange-to-be-true article in the Washington Post:

Once upon a time, a “monetary architect” named Bernard […]

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Tags: americas · crazy · money · usa

exxon breaks u.s. profit record, pays just 7.5% of revenue in taxes

October 31st, 2008 · 15 Comments

CNN reports:

Exxon Mobil, the leading U.S. oil company, said its third-quarter net profit was $14.83 billion, [or] $1,865.69 per second, nearly $400 a second more than the prior mark.

No U.S. company has ever earned more profit in a single quarter.
To put things into perspective, $14.83 billion is enough to wipe out the crippling external debts […]

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Tags: crazy · darn tootin' · energy · finance · holy crap · money · news · opinion · usa

britain uses anti-terrorism laws against iceland

October 10th, 2008 · 6 Comments

According to the U.K., that there is a map of the world’s newest terrorist state.
As stock markets continue to dry-heave at the toilet of the world economy — and as financial-sector CEOs continue to dry-hump the American taxpayer — we’re discovering that British municipalities, police forces and other investors had a lot of money in […]

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Tags: crazy · europe · finance · holy crap · law and order · money · news · scary · uk

financial crisis quote of the day

September 23rd, 2008 · 3 Comments

A comment on America’s financial woes, as reported in the latest edition of Harper’s Weekly:

“The private market has screwed itself up,” said Representative Barney Frank (D., Mass.), “and they need the government to come help them unscrew it.”

A close second, also from Harper’s Weekly:

“My first instinct,” said President George W. Bush, “was to let the […]

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Tags: americas · darn tootin' · finance · funny · government · irony · money

8 iphone owners want you to know how rich they are

August 8th, 2008 · 1 Comment

Eight people have paid $1,000 each for an iPhone application called “I Am Rich” that does absolutely nothing except put a shining red ruby on your screen, signalling to people that you’ve got far more money and obnoxiousness than you know what to do with.
From the Times:

Cheaper than a Porsche, and arguably as tasteless, the […]

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Tags: consumer · crazy · dumb · money · tech

zimbabwe dollars now officially worth less than nothing

July 30th, 2008 · 2 Comments

Okay, maybe unofficially.
On June 6, the National Post reported that “It’s a sad day when those that can afford to buy a loaf of bread need to cart 600-million Zimbabwean dollars to the store.” Less than two months later, a sad day has turned downright miserable: you could trudge to that same store with […]

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Tags: africa · crazy · finance · money · news · zimbabwe