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13 Jun 2010 10:48

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Politics: Glenn Beck has common ground with George Soros, Scrooge McDuck

All three men LOVE gold. And much like Mr. McDuck, Glenn Beck is a cartoon character living in a fantasy world. But that’s besides the point. source

11 Jun 2010 20:42

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Biz: Own a home in the Gulf? To put it simply, you’re screwed. *sigh*

  • 10%
    decline
    the amount the oil spill could depress home prices in the Gulf region
  • $4.3
    billion
    the actual financial figure you could put on that total (holy crap) source

09 Jun 2010 20:18

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U.S., World: Did the FBI give Joran van der Sloot his jetsetting money?

  • $250k the amount van der Sloot was reportedly trying to extort from Natalee Holloway’s family
  • $15k the amount the FBI reportedly wired to him to find out infomation on Holloway’s whereabouts
  • $10k the amount van der Sloot was reportedly given by hand and caught counting on video source
  • » What this all means: The FBI might have messed up the extortion case, giving the “Dutch playboy” (ABC’s words, not ours) the money to travel to Peru, where he ended up killing somebody else (per his confession). The FBI denies that they enabled him, but if they did, holy crap.

09 Jun 2010 11:27

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Music: Thom Yorke says what we were all thinking about the music industry

  • When the corporate industry dies it will be no great loss to the world. So don’t tie yourself to the sinking ship because, believe me, it’s sinking.
  • Radiohead lead singer Thom Yorke • Discussing the fall of music industry capitalism in a British textbook. He seems to have a good handle on this. He left his big corporate label, EMI, just a couple years before they fell into particularly dire straits. EMI is now the property of private equity firm Terra Firma, and since the 2007 acquisition, they’ve had massive debt and restructuring problems. (via Pitchforksource

09 Jun 2010 10:43

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U.S.: Rich bastards who die this year won’t have to pay the estate tax

See this dude? He died recently. And as a result of an accounting quirk by the government, his family won’t have to pay huge taxes on his $9 billion estate. source

08 Jun 2010 19:57

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Culture: Trial of the century: Is Rod Blagojevich’s lawyer making fun of him?

  • You have to be comatose not to figure out how to get a dollar out of $52 billion. But who didn’t? Him!
  • Rod Blagojevich’s lawyer, Sam Adam Jr. • Making a comment that seems to suggest that Blago was too stupid to figure out how to defraud the state. The ex-Illinois governor’s former confidante, however, Antoin “Tony” Rezko, did, Adam argues. Adam’s opening statement lasted an hour and 45 minutes and opened up a trial destined to rank with the OJ Simpson trial for its sheer goofiness. Or at least we hope it does. source

08 Jun 2010 10:47

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Biz: Investors must be scared: Gold hits a record high value

  • $1,251 per ounce of pure, golden gold source
 

07 Jun 2010 11:10

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World: David Cameron: Pull up your knickers, get ready for decades of austerity

“The decisions we make will affect every single person in our country,” Cameron says. “And the effects of those decisions will stay with us for years, perhaps decades, to come.” source

27 May 2010 21:08

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Biz, Tech: Protip: Electric car companies not good for your finances

  • good Elon Musk, the guy who founded Paypal and runs Tesla Motors has a career so storied that the movie “Iron Man 2” is reportedly based on him. He’s kinda like Tony Stark in real life, kids.
  • bad Musk, however, has burned through all of his money trying to get Tesla Motors off the ground (along with a divorce), and he had a lot of it to burn through – over $100 million. source

15 May 2010 20:25

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Biz, U.S.: The Senate’s financial reform bill trying to limit nickel-and-diming

  • 50¢ limits to ATM fees could be coming, too, guys source