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29 Jun 2011 18:03

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U.S.: Cost of last decade’s wars much higher than Obama said

  • $3.7 trillion cost for the United States’ post-9/11 wars source
  • » The wages of war: When President Obama referred to a $1 trillion price tag for America’s wars in the last decade, he clearly hadn’t spoken to the folks running the Costs of War project at Brown University’s Watson Institute. The project determined the above figure through calculations that included future costs, such as health services for wounded veterans returning home, as well as counting what’s generally referred to as our “secret” war in Pakistan.

21 Apr 2011 14:23

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Biz: Running the NYT paywall has higher cost than you might expect

  • $13 million to run the New York Times paywall in 2011 source
  • » This is a hefty figure. And it’s not the whole enchilada — the Times spent a lot getting it together, on top of the incremental costs involved. But it doesn’t necessarily spell problems for the new system — the Times has netted about 100,000 digital subscribers since instituting the paywall, reportedly enough to break even on the operating costs after the first quarter of 2011. That said, we suspect not many casual observers expected this high a cost would be absorbed simply to keep up the paywall, and having the spoils of your first 100,000 subscribers be a financial wash is something we doubt the Times relishes. But we think people need to give this time.

18 Apr 2011 14:54

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U.S.: GOP Rep. McKinley not so sure about Paul Ryan’s Medicare

  • The Congressional Budget Office determined that some of the out-of-pocket costs could double for seniors and that sent up a red flag for me… I think we can do it another way and now I’m going to be curious to see what the Senate does. I want to be an independent voice here.
  • GOP Rep. Dave MicKinley • Speaking on Rep. Paul Ryan’s proposed “Path to Prosperity,” which eliminates the traditional Medicare program (essentially, guaranteed health coverage) in favor of a voucher/privatized system. Quotes like these often strike us as noteworthy, specifically because it’s rather rare to hear Republican politicians break ranks around big policy proposals, especially when compared to Democrats. On the Democratic side, whether it’s Joe Manchin, Joe Lieberman, Ben Nelson, Bart Stupak (now retired), the list goes on — the conservative wing of the party last Congress provided a palpable thorn in President Obama’s side on a lot of his big initiatives. The GOP, on the other hand, always seems like an on-message, political machine — so to that end, we laud Rep. McKinley for speaking his mind on the hottest topic in Washington today. source

18 Aug 2010 10:40

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Tech: BlackBerry Torch getting torched for its low price; RIM complains

  • Sounds like somebody has a sore spot. Research in Motion is all like, “whatever,” regarding criticism of their BlackBerry Torch’s price point. Why? Well, they say they’ve done it for a lot of products. A spokeswoman claims that “obviously … common online pricing and promotional strategy that has been used with many other product introductions in the past.” Well, in a lot of ways, that makes it even worse, actually. You only sold 150,000 units with a $99 price point on Amazon at launch, considering the hyperbole you had going on? Sad. source

13 Jul 2010 11:10

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Biz: “Made in China” means it costs more in China than the U.S.

  • $460 added cost of an Apple laptop in China versus the U.S. – partly due to tariffs
  • $240 added cost of a flat-screen TV in China versus the same TV in the U.S.
  • 25¢ added cost of a can of Budweiser in China (even though it’s brewed locally) source

04 Mar 2010 20:05

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U.S.: Students protest California’s frustrating university budget cuts

  • My heart and my support are with everybody and anybody who wants to stand up for public education. I salute those who are making themselves heard today in a peaceful manner on behalf of a great cause.
  • University of California President Mark Yudof • Regarding the major protests being staged at his and other universities across California and in 17 other states. The protests are in the wake of massive budget cuts to the state’s educational institutions, which have the effect of lowering the quality of education and raising the cost of tuition. For his part, Gov. Arnold Schwarzenegger says the cuts are terrible, but necessary, due to the state’s $20 billion budget deficit. Rock, meet hard place. In between? An education system. source

05 Feb 2010 10:57

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Tech: Amazon’s got a full-on Kindle publisher revolt on its hands

  • 3 major publishers are opting out of Kindle’s $9.99 pricing scheme source
 

04 Feb 2010 10:55

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Biz: Toyota made a profit last quarter, one to be eaten up by the recalls

  • $900
    million
    the size of Toyota’s profit in the final three months of last year
  • $2
    billion
    the expected cost of all the recalls for faulty gas pedals source

20 Jan 2010 10:16

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Tech: Analyst: AT&T is laughably far behind Verizon’s mobile network

  • $353 amount Verizon has spent in infrastructure per customer
  • $308 amount AT&T has spent on infrastructure per customer
  • $5B amount AT&T needs to spend, at least, just to catch up source

27 Nov 2009 17:19

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U.S., World: Michael Bloomberg spent $102 million to become mayor again

  • $183 the amount Bloomberg spent on each vote source