Category Archives: Biz/Economy

RIP: Friendly’s Shuts Some of its Doors

Taunton Friendly’s shuts its doors – Taunton, MA – The Taunton Gazette.

Taunton Friendlys

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I had a five-year run in high-school & college working part-time at my local Friendly’s…it was a fun time. Very fun.


Tim Cook Takes Over as Steve Jobs Resigns as Apple CEO ~ 10/5/11 Steve Jobs Has Died

Tim Cook takes over as Steve Jobs resigns as Apple CEO – latimes.com.

An openly gay man named C.E.O…..but he can’t marry the man of his dreams (if there is one).

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Click for Tim Cook Wiki....

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The People vs. Goldman Sachs | Rolling Stone Politics

The People vs. Goldman Sachs | Rolling Stone Politics.

Lloyd Blankfein

I saw Mr. Blankfein on Park Avenue one day…his suit was remarkable. He’s a little guy with a lot of power.


For Union Families, a Loss of Value Beyond Bank Accounts

For union families, a loss of value beyond bank accounts – The Washington Post.

Union

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Terrible loss of value. These people save lives and teach our children. They did not cause the recession-Wall Street and the Banking Industry did.


Only Little People Pay Taxes: Tax Day 2011 ~ Pay Your Fair Share, Please

Only Little People Pay Taxes | Mother Jones.

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The Bush-era tax cuts for the wealthy have caused 2/3 of the current deficit. Stop it!!!!

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Not Many (3%) Small Businesses Fall Into The Over $250K Bush-Era Tax Cut Pool

Is Obama aiming to hike taxes on ‘small business’? – The Fact Checker – The Washington Post.

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The result, according to the Joint Committee on Taxation, is that only 3 percent of all “small businesses” paying taxes would be affected by Obama’s plan to lift marginal tax rates on families making more than $250,000 and individuals making more than $200,000. (See page 25 of the JCT report.) That group — about 750,000 taxpayers — accounts for 50 percent of the estimated $1 trillion in business income reported in 2011. The other 97 percent of “small businesses” shared the rest — and under Obama’s plan, they would get to keep their Bush-era tax cuts.


Some Undocumented Workers Pay U.S. Taxes ~ Trying to Follow The Law With Hope of Gaining Citizenship

Some undocumented workers still pay U.S. taxes | Marketplace From American Public Media.

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Many pay social security taxes, FICA, and income taxes without ever receiving any benefit. Taxation without representation. This is definitely a revenue source within the U.S. budget. Unfair. Reform immigration law and pass the Dream Act.


Managers Reap Big 2010 Pay Even at Lagging Hedge Funds

Managers Reap Big 2010 Pay Even at Lagging Hedge Funds – NYTimes.com.


J.P. Morgan Chase’s Jamie Dimon Is Whining Again

Oh No!!! Reputation is shattered by 2,000,000,000 loss !
Jamie Dimon Is Whining Again.
Read Vanity Fair’s article (10/12)….

Click slimy banker for the whine…

Mr. & Mrs. Rich Bankers at the White House…Click for Wiki..

Click for property information…

Poor Jamie…Here are some of their other Real Estate woes:

Slimy Chicago Real Estate and Other Holdings


U.S. Economy Growing Faster Than Rivals, But Creating Far Fewer Jobs

U.S. Economy Growing Faster Than Rivals, But Creating Far Fewer Jobs.

Well, I’m not surprised. Two friends told me that their US Multi-National employers are not filling open positions with US employees: Both are outsourcing the jobs to India and pushing more work onto the remaining US staff..this is how the rich get richer and the working class suffers. And, if your employer is General Electric (GE) then the contribution to the US Treasury is zero and the company actually benefits from ongoing Corporate Welfare.