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28 Jan 2010 09:31

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World: Afghanistan’s grand plan to stop the Taliban : Pay them off!

  • $500 million fund to get them to renounce violence source
Posted by Ernie Smith • 0 Comments • Permalink

27 Jan 2010 10:18

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Biz, U.S.: Timothy Geithner: We had to save AIG to save the economy

  • We acted because the consequences of AIG failing at that time, in those circumstances, would have been catastrophic for our economy and for American families and businesses.
  • Treasury secretary Timothy Geithner • In remarks prepared before a meeting in front of a House committee today. The AIG bailout, and the TARP program, have been the subject of a watchdog probe. Today’s hearing, which also features Geithner’s predecessor Henry Paulson, was called after documents from the Federal Reserve Bank of New York (led by Geithner when Paulson was Treasury secretary) suggested that information was withheld from the public on the AIG bailout. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Jan 2010 09:56

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U.S.: The ’10 federal deficit: Still huge, but at least it’s sloping downward

  • $1.4T the size of the deficit in 2009; that’s a record
  • $1.3T the estimated size of the deficit in 2010
  • $687B the size of the deficit by year 2020 source
Posted by Ernie Smith • 0 Comments • Permalink

25 Jan 2010 21:25

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Offbeat: Try harder: This 7-year-old biker kid is a Haiti fundraising hero

This British kid’s raised $195,000 for Haiti by riding a bike. AND he’s got the ladies. It’s all downhill from here, little guy. source
Posted by Ernie Smith • 0 Comments • Permalink

24 Jan 2010 10:48

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U.S.: Hatin’ on the stimulus: Obama’s key legislation gets no love

  • 56% of Americans don’t want the stimulus anymore source
Posted by Ernie Smith • 0 Comments • Permalink

24 Jan 2010 00:23

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World: A bunch of scammers tried to steal their own gross domestic product

  • seven dudes were behind the scheme – a mix of Europeans and Asians – and they’ve been arrested
  • $10.1 billion the amount they’re accused of trying to steal from the United Arab Emirates’ central bank source
Posted by Ernie Smith • 0 Comments • Permalink

23 Jan 2010 10:24

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Culture: Good luck: Bristol Palin tries for child support from Levi Johnston

  • $100,000 Levi’s 2009 income (?!)
  • $1,750 amount in child support she’s asking from Levi Johnston per month
  • $4,400 amount Bristol Palin claims Levi has paid for Tripp’s child support
  • $10k amount Levi’s lawyer claims he’s paid in child support already source
Posted by Ernie Smith • 0 Comments • Permalink
 

22 Jan 2010 16:46

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Politics: Will Ben Bernanke get reconfirmed in the Senate? Neither party knows

  • There is bipartisan support and there’s bipartisan opposition. But you need 60.
  • Senate Minority Leader Mitch McConnell’s spokesman, Don Stewart • Regarding whether or not Federal Reserve Chairman Ben Bernanke will have the 60 votes needed in the Senate to get himself a second term. Finding trouble reaching that mark in his own party, Senate Majority Leader Harry Reid reached out to McConnell’s people to see if they could find 60 votes between the two of them. Considering how vitriolic things have been between the two parties of late, it’s interesting that they’re working together on anything. Neither McConnell nor Reid will commit to supporting Bernanke themselves. Bad sign. source
Posted by Ernie Smith • 0 Comments • Permalink

22 Jan 2010 16:29

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Biz: The stock market is hyperventilating due to bank regulation fears

  • 5% 3-day dip in stocks thanks to Obama’s regulation plan source
Posted by Ernie Smith • 0 Comments • Permalink

22 Jan 2010 12:08

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Tech: Amazon’s new Kindle app store a bum deal for developers?

  • 15¢ the cost per megabyte Amazon wants developers to pay for its Kindle app store
  • 70% the share of the pie developers take home after the 15-cent-per-meg charge
  • 30% the share Amazon takes; this is a less favorable deal than Apple’s App store, BTW
  • Why the 15-cent charge? Simple: Users don’t pay for the wireless connection. Amazon does. It’s a cost-recouping measure which has the effect of making the store less desirable for developers. No free apps to be found here, guys. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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