Money Category
Money in the news and how you are going to pay and pay and pay
Perks Of Being Old: Shoplift To Beat The Recession
IT’S at times like these when I realise that Britain is not what it was; the NYT reports on ‘Silver-Haired Shoplifters On the Rise In Japan’ and what are we Brits doing to catch up with our Asian counterparts?
Bugger all; we can’t even muster a mini-geriatric crimewave, much less achieve the heights of the island of Hokkaido, where 3 OAPs are arrested for every two teenagers nicked.
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The Boob Job Piggy Bank
THE Boob Job piggy bank is great.
Girls can save up and when they’ve got enough money, use some glue and attach the boob bank to their chest.
The Boob Job piggy bank is rock hard, so just like a genuine fake breast.
Your friends and punters will never be able to tell the difference!
Posted: 30th, November 2008 | In: Key Posts, Money | Comments (4)
The Borrowers: The IMF Is Taken Over By Aliens
PROOF that aliens have taken contol of the IMF:
And I have proof; Olivier Blanchard, chief economist at the International Monetary Fund has called upon nations to raise public spending by 2 percent of gross domestic product to combat a global recession, in a complete reversal of all the IMF has ever held dear:
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Posted: 29th, November 2008 | In: Money | Comment (1)
Boost Your Carbon Emissons With Green Flex Fuel
BRADFORD Plumer explains how the road to global warming is tarmaced with good intentions:
The story goes like this: Back in 1992, Congress passed a law requiring all federal agencies to buy alternative-fuel vehicles for 75 percent of their light-duty fleet. The catch was that, while the agencies had to buy the cars, they didn’t actually have to use the alternative fuel.
It gets better:
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Posted: 29th, November 2008 | In: Money | Comment (1)
The Shopper Martyrs Of Long Island: Man Killed In Stampede
TO Long Island, New York, where a shopper worker has died in a stampede at a Wal-Mart store.
Doors open and shopped rush the store, knocking down the man down and running him over.
A woman also miscarried as hundreds of shoppers rushed through the doors.
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Posted: 28th, November 2008 | In: Money | Comments (3)
Alexa Chung Does The Credit Crunch
CREDIT Crunch watch: Anorak’s look at credit crunch in the news, Alexa Chung waits…
Looks like even fashion icon Alexa Chung is feeling the credit crunch. Despite dating mega-rich Arctic Monkey Alex Turner, the T4 presenter and ex-model waited for hours at the Mulberry sale in the West End – 3am Girls, Daily Mirror
More breathless credit crunch news to follow…
Posted: 27th, November 2008 | In: Money | Comments (4)
Grade The HobNobs At ITV
ITV internal memo from Max Graesser, ITV’s director of operations::
“These are difficult times for commercial broadcasters. We should all be thinking about saving ITV money – including bringing our own hot drinks and HobNobs to meetings.”
Meanwhile, ITV’s supremo Michael Grade collects his £1million bonus…
Posted: 27th, November 2008 | In: Money | Comments (2)
Identity Theft Is Hiring
IDENTITY theft is a boom industry…
Posted: 26th, November 2008 | In: Money, Photojournalism | Comment
CitiGroup: Us Taxpayers Back The New York Mets
THE three horsepower men of the car manufacturers’ apocalypse fly into Washington and the kings of burghers of Ciftigroup nestle their chubby bums into the box seats at the Mets:
The RAW Story reports: “Citi criticized for $400 million stadium sponsorship.”
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Posted: 26th, November 2008 | In: Money | Comments (2)
VAT Fraud And A Tax Bomb
IT’S always nice to see the faint glimmerings of comprehension in the old media when it comes to justifying their massive expenditure on business and financial journalists, but I’m disappointed in so many of them missing the blindingly obvious on the 2.5 % VAT reduction.
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Posted: 26th, November 2008 | In: Money | Comment (1)
Credit Crunch Watch: Bad For Mistresses
CREDIT Crunch watch: Anorak’s look at credit crunch in the news
Wealthy men cut gifts to mistresses during financial crisis – Wealthy businessmen who keep extramarital lovers plan to cut back on presents and payments to their mistresses in the economic downturn, a new survey shows – Daily Telegraph
Being f****** by the Government is, after all expensive enough…
A Good Stuffing: Gordon Ramsay’s Naked Lunch
Posted: 25th, November 2008 | In: Money | Comment (1)
The Economy Is For Empty Nodding Heads
THE economy is front-page news. But how many of us know what’s going on?
And the bloggers aren’t helping much.
Anorak’s Chenier has provided a few scoops; Guido attempts to shine a blue light on goings on, and EU Ref looks to provide context, although today he leads with the post-Darling headline: “Do We Care?” If the economy counts for anything it counts for the triumph of old media over the new.
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Posted: 25th, November 2008 | In: Money | Comments (2)
Pre-Budget Report: Darling Brings Us In From The Arctic Monkeys
CAN Britons civil servants and public sector workers buy enough HD-ready televisions to bring the country back from the gaping maw of depression?
Gordon Brown says yes, adding:
“With any luck a pre-budget report will provide more work for the key public sector demographic. If it works, we’ll be looking to introduce a pre-pre budget report and push on from there to a concerted pre-pre-pre budget report and, paper willing, a pre-pre-pre-pre budget report.”
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Posted: 25th, November 2008 | In: Key Posts, Money | Comments (7)
Alistair Darling: The Good Samaritan
ALISTAIR Darling. He gives until it hurst, hurts, hurts!!!
Posted: 24th, November 2008 | In: Money, Photojournalism | Comment (1)
Council Bans Recycling
WITH global warming sacked, we are no longer obliged to recycle:
With the collapse of the China market for our rubbish, The Sunday Telegraph is telling us that Hertfordshire county council has withdrawn a scheme that allowed residents to recycle everyday items like yoghurt pots, margarine tubs and other types of plastic packaging.
But how will OMA finish his robot?
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Posted: 23rd, November 2008 | In: Money | Comments (3)
A Bair In A Bear Market
LET’S hear it for the Federal Deposit Insurance Corporation, in general, and its’ Chair Sheila C. Bair in particular; the FDIC insures deposits at all 8,451 banks and savings associations in the US.
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When Bankers Run The Internet: Lloyds BT
SAYS DAVID Hendon on bankers and the internet:
These are all internet problems and [internet users] think someone should do something about it.
Although many internet users think the government should keep out of the internet, I suggest to you that most ordinary people who just use the internet like they use the banking system or the trains think that the government should make sure it all works properly for them and that bad things get stopped from happening.
Yeah, really. Says:
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Posted: 22nd, November 2008 | In: Money | Comments (3)
Treasury Bills Tank
As he says:
A low interest rate for a short term T-Bill indicates that business are just putting their money in the biggest mattress in the world (The US Government). The interest rate is currently at 0.005.… Yikes.
The world grinds to a halt..
Posted: 21st, November 2008 | In: Money | Comment (1)
Senator Grassley Calls Dr. Frederick K. Goodwin: Big Pharma And Media Bias
A REPUBLICAN devoted to outing and opposing corruption in the way big pharma does business seems a little unlikely, but Senator Charles E. Grassley has been doing it for some years now.
Having demonstrated that allegedly independent and impartial researchers at prestigious universities and hospitals are taking money by the sackful in undeclared income from big pharma he has now turned his attention to the media.
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Posted: 21st, November 2008 | In: Money | Comment (1)
Credit Crunch: No Christmas Trees For You Girls
CREDIT Crunch watch: Anorak’s look at credit crunch in the news
“Many are expected to opt for small, cheap firs as they try to beat the credit crunch” – Daily Express
“Vicky Tuck, president of the Girls’ Schools Association, said she found the economic downturn ‘bracing’ and hoped it would lead to the end of the unfulfilling materialistic ‘me, me, me society” – Daily Mail
Tuck is the heads of Cheltenham Ladies’ College. Fees on application.
Posted: 19th, November 2008 | In: Money | Comments (2)
54 Million Ways To Out The Lie In The LIBOR
FACT One: The latest banking “screw your customer” policy is insisting small, medium and large business pay a sizeable percentage above the LIBOR rate for commercial loans. That is, not at the usual Bank of England rate plus a couple of percent.
Fact Two: Braver accountants are telling Business Accountant Managers to get stuffed and switching accounts to the banks which have not yet turned that screw.
Meanwhile, back in fat cat country: When news of the Northern Rock debauch broke Anorak asked two questions:
- Who was responsible and accountable. Answer? Every-one
- Who would be brought to book and who would press criminal charges? Answer? No-one
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Posted: 19th, November 2008 | In: Money | Comments (2)
Gordon Brown’s Word For The Day: Deflation
HEY, tax doesn’t have to be taxing.
Just ask Gordon Brown. It’s easy. You just say, “Make it so” and you can raise more taxes than a priapic Caesar.
Gordon Brown is talking about deflation. Every week Gordon introduces a new word into the British lexicon. This week’s word is deflation.
Woz-zat-meen-den?
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Posted: 18th, November 2008 | In: Money | Comments (2)
Interpal Accused
INTERPAL (the Palestinian Relief & Development Fund), IBB and Lloyds TSB:
AN aid organisation which is being investigated by the Charity Commission said Lloyds TSB has threatened to stop processing its transactions from next month.
Interpal’s accounts are with the Islamic Bank of Britain (IBB) but the charity said IBB relies on Lloyds TSB as its clearing bank.
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Posted: 18th, November 2008 | In: Money | Comment (1)
Dutch Couple In India Pay $204 For Four Samosas
TO India where a Dutch couple visiting India’s Bihar state, are asked to pay 10,000 rupees ($204) for four samosas, “the spicy potato-stuffed snack”.
They paid the sum to a hawker at the famous cattle fair in Sonepur after a “heated argument”. The price worked out at $51 per samosa. They normally cost about two rupees 50 paise, about five US cents.
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