Budgeting 101

January 6th, 2011

Sweater Weather

January 6th, 2011

The Wall Street bull gets a handmade sweater.

Because it’s got to be an especially cold January if you’re in Manhattan and made of metal.

Sweater Weather

January 6th, 2011

The Wall Street bull gets a handmade sweater.

Because it’s got to be an especially cold January if you’re in Manhattan and made of metal.

Billionaires as far as the eye can see

January 6th, 2011

billionaires-of-the-world.jpg
click to see the full-size version

Woah! There sure are a lot of billionaires in America. And at least one of them has been doing a great job of living within his means… Bill Gates tops the list of American billionaires for the 13th year in a row.

Maybe it’s time to start that software company you’ve always dreamed of…

ilovecharts:

via Kurt White

Astro-Billionaire Richard Branson Gets Down to Earth

January 6th, 2011

Check out this Newsweek article about Branson’s new hobby.

Watch out, climate change. The businessmen are coming for you.

half-shadow-earth.jpg
photo credit: FlyingSinger

“Let’s assume the odds [of climate disaster] were only 50/50. If you have a 50 percent chance of getting knocked over by a car crossing the road, you’re going to take out insurance, or you’re not going to cross the road.”

and:

“I think the world is moving much more to a world where the business community has to work closely with governments in helping them get a lot of problems resolved. And I’m a strong believer that business should be a force for good, not just a money-making machine for its shareholders.”

Sounds like socially-responsible investing to us.

College grad or auto mechanic? Is one more important than the other?

January 6th, 2011

“Another perspective on the “american education is better than you think” is that many countries test young and track kids into special schools and into specific skill sets. For say, in Germany, one kid may go into a trade skill job and the other may go to school to prep for college. The USA treats every. single. kid. like he or she is college track, and we’re actually KILLING OFF vocational/trade programs. It’s senseless.”

- girlwithalessonplan

What do you think? Should we be preparing every child in America for college instead of investing in vocational schools for students that are interested in them?

Billionaires as far as the eye can see

January 6th, 2011

billionaires-of-the-world.jpg
click to see the full-size version

Woah! There sure are a lot of billionaires in America. And at least one of them has been doing a great job of living within his means… Bill Gates tops the list of American billionaires for the 13th year in a row.

Maybe it’s time to start that software company you’ve always dreamed of…

ilovecharts:

via Kurt White

A Safer U.S. Food Supply Is In The Works

January 5th, 2011

Illness from eating contaminated food isn’t the number one threat to our national well-being. But just like any medical problem, the costs associated with treating these illnesses hit poor Americans the hardest.

hospital-bed.jpg
credit: YODCOX!

Until yesterday, the U.S. Food and Drug Administration (FDA) wasn’t allowed to recall tainted food. All they could really do was ask businesses to voluntarily recall their e.coli-burgers.

But President Obama just signed a bill into law that gives the FDA much more power to monitor food safety. They’ll be able to issue mandatory food recalls, inspect facilities more often, and tighten regulations on the riskiest fruits and vegetables (like spinach).

  • The law will cost taxpayers $1.4 billion over the next five years – but health care costs related to contaminated food add up to tens of billions of dollars every year.
  • One out of every six Americans gets sick from contaminated food each year. 180,000 are sick enough to go to the hospital, and 3,000 are sick enough to die.

ecoli-free-spinach.jpg
credit: Mike Licht

* Popular candidates for e.coli and salmonella include peanuts, eggs, and produce. (Twinkies are still safe, though you will eventually end up in the hospital if you replace your fruits and veggies with them.) Meat and dairy are also good candidates for disease, but because they’re monitored by the Agriculture Department, they won’t be affected by the new law.

Best Quote:
“Fiscal responsibility does not necessitate abandoning or neglecting the need of American consumers for safe food.” – Tom Harken, the Democratic Senator from Iowa who sponsored the bill

Broken Windows, Weird Weather, and Lonely Protests… TILE Two-Liners 1.3.11 >> 1.7.11

January 5th, 2011

MONDAY

TUESDAY

  • Microfinance took off in India, then crashed, and is in the process of burning. Extremely high interest rates + lending to people with absolutely no plan for repayment = government crackdown. (NPR)

WEDNESDAY

  • “[Uptown Manhattan private school] Dalton was kind of like that parent who, rather than play with their kid and encourage and grow their curiosity, brings it to the doctor and gets them Adderall instead.” (The New York Times)
  • Even if you don’t have a permit for a protest in Russia, you can still hold your sign up alone. (The Washington Post)

THURSDAY

  • The South Bronx fought hard against urban blight in the 1970s, but the real estate bubble burst and there are more broken windows on the block these days. (The New York Times)
  • Electric car technology now valuable enough to warrant corporate espionage! (The New York Times)

FRIDAY

  • Apparently the definition of “normal” weather changes every so often. In case you haven’t noticed, it’s changing now. (The New York Times)

Wicked Discounts, Cardigans, and Remote Controls… TILE Two-Liners 1.3.11 >> 1.7.11

January 5th, 2011

MONDAY

  • His house may be “reminiscent of a Provençal villa,” but our former U.S. Treasury Secretary still lost a million dollars when he tried to sell it. (Reuters)

TUESDAY

  • For those of you who still use a television, Netflix wants to make streaming movie access as brainless as possible. (The Wall Street Journal)

WEDNESDAY

  • Have an extra $3 billion lying around and a taste for preppy clothes? Then you can compete with Sears and Urban Outfitters to buy J.Crew! (The New York Times)
  • MySpace to lay off 1,100 employees. In other news, MySpace actually has 1,100 employees to lay off. (The Wall Street Journal)

THURSDAY

  • If you’ve held out on buying an iPhone 3GS this long, congratulations. They’re now 50% off. (The Wall Street Journal)

FRIDAY

  • If your mom suddenly seems to know too much about your personal life, you may be the latest victim of Misdirectedtext-gate. (BBC News)