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87 billion

Just how large is 87 billion dollars exactly? It's this large, about the size of three costco warehouses by the looks of it.
posted by mathowie on Oct 8, 2003 - 58 comments

Euro and Dollar Get It On!

Sex for Money, Money having Sex? Ban on Russian ads depicting euro having sex with dollar. Immoral or are they just dancing?
posted by kodas on Sep 24, 2003 - 14 comments

You can give them to the birds and bees.

You've probably never heard of him, but as an artist JSG Boggs has been making "money" for two decades. Boggs has been the subject of many articles, a film, and a book by Lawrence Welscher. He's bought lots of things with his art ("Hot dogs, watches, airplane tickets, rent, clothing, jewelry–-anything." (And he's done so in England, Germany, France, Ireland, Belgium, Switzerland, the USA, and Italy.) The largest collection of his works belongs to The Secret Service. [more inside]
posted by dobbs on Sep 21, 2003 - 17 comments

A peek at the new $20 bill

Some Action for Jackson A peek at the new $20 bill that will be dropped into circulation Oct. 9.
posted by FearTormento on Sep 9, 2003 - 18 comments

For the privileged few...

Just how rich are you? The worlds 225 richest people have a combined wealth greater than the poorest 2.5 billion people. Where do you fit into the picture? via b3ta
posted by carfilhiot on Sep 5, 2003 - 63 comments

$10,000 for information on attacks in Iraq

$10,000 for information on attacks in Iraq Sort of like playing the lottery. If you figure the odds on getting the big fish as in Powerball --Saddam for 25 million--are against you, then play the daily for 25 thousand. Turn in your brother-in-law, for example for some quick bucks. Sounds like a worthwhile way to snag some bad folks and I am surprised it hadn't been used earlier. Good use of my tax bucks.
posted by Postroad on Jul 30, 2003 - 6 comments

Ugly and not so ugly money

Ugly money : burnt bills, Santa singles, good time greenbacks, bodacious bum bucks and then some. On a related but cool note, conceptual currency.
posted by pedantic on Jul 6, 2003 - 7 comments

Where is the federal reserve leading us?

Monetary Policy in a Zero-Interest-Rate Economy [pdf] This report written by the Dallas Fed is amazing. Amongst other things, it outlines a plan to tax your savings as a way to continue to stimulate consumption should rates fall to zero. While opinions of the 'fed range from worship to outrage, their actions raise some serious questions. Why does this unelected group wield so much power? At what point are their actions (taxing savings) a violation of our property rights? If our economy is built on capitalism, why can we not be capitalists and embrace the opportunity presented by both boom and bust? At what point are we a command economy?
posted by H. Roark on Jun 19, 2003 - 17 comments

When she sees the SIZE of your bank balance, she'll be digging YOUR

When she sees the SIZE of your bank balance, she'll be digging YOUR "gold" in no time! Today's Independent on Sunday newspaper carried the story of these fake ATM receipts showing a balance of $314,159.26.

"After you write your number on this receipt (conveniently folded in your wallet), hand it to the member of opposite sex and watch how fast they call you!"

Tragically, they look nothing like UK ATM receipts, but it had me wondering - what's the lowest-down dirtiest line/ trick you (sorry: I mean, a friend of yours) ever pulled in an attempt to impress a member of the desired sex?
posted by Pericles on Jun 8, 2003 - 45 comments

Star Wars kid suing

Star Wars to Bar Wars. The Star Wars kid is suing, and the $4,000 collected for him may have to be returned. Always a shame to see the kindness of strangers pushed aside in favor of litigation. Good thing the money never got turned over...
posted by luser on May 30, 2003 - 82 comments

Bond Funds and the Liquidity Trap

Interest rates are so low that you lose money buying bond funds. A preview of the liquidity trap?
posted by alms on May 20, 2003 - 10 comments

Redesigned $20

US Treasury unveils new $20: A joyous day for numismatics! After a few months of delay, we can now carry a bit of color in our billfolds.
posted by aladfar on May 13, 2003 - 26 comments

The Ubiquitous Tip Jar

Why does everyone have a tip jar now? And where do you draw the line when it comes to baiting the jar? Starbucks? Take-out counters? Drive-thrus? How about the girl that takes your money and stamps your hand at a nightclub? While tipping is the economy of an underpaid service industry, it seems the jar itself has gotten out of hand and onto every counter with a dollar already conveniently inside.

If it is appropriate for everyone who performs any kind of public service to be entitled to a tip, why aren't we tossing our coin to police officers, teachers, or flight attendants?
posted by FearTormento on May 12, 2003 - 68 comments

A stirring

Warren Buffett calles on investors to rise up and revolt over colossal executive pay packages. “I am not for the Bush plan. It screams of injustice. The main beneficiaries will be people like me and Charlie,” he said, referring to the Berkshire Hathaway vice-chairman Charlie Munger. Mr Buffett said the tax plan was equivalent to “us giving a lesser percentage of our incomes to Washington than the people working in our shoe factories”.
posted by The Jesse Helms on May 5, 2003 - 14 comments

Maybe Iraq can lend us money

Some guy named Luigi is coming to repo Air Force one if the US doesn't pay up. Follow up to this post.
posted by CrazyJub on Apr 29, 2003 - 7 comments

What if oil was traded in euros?

What if oil was traded in euros? "Even more alarming, and completely unreported in the U.S. media, are significant monetary shifts in the reserve funds of foreign governments away from the dollar with movements towards the euro. It appears that the world community ... seems poised to respond with economic retribution if the U.S. government is regarded as an uncontrollable and dangerous superpower." An analysis of the previous link. Apologies to those I
posted by Birichini on Apr 23, 2003 - 25 comments

Mullah, can you spare a euro?

It started in November of 2000, with Iraq wanting to switch to the Euro for oil payments. Following recent events, Muslims at large are thinking about dropping US currency for the Euro. With a large US presence now in the Middle East, this event may never occur.

Related Stories
http://www.informationclearinghouse.info/article1554.htm
http://politics.guardian.co.uk/euro/comment/0,9236,940790,00.html
posted by CrazyJub on Apr 21, 2003 - 9 comments

Robin Hood Mentality

Soaking the Rich This post probably won't be very well received in this forum which is mostly consisted of lefties, but can you really justify stealing such a disproportionate amount from the rich?

Conventional wisdom holds, correctly, that income inequality has been increasing in recent years, though it still isn't as great now as in some past periods. But while incomes are distributed unequally, the federal tax burden is distributed far more unequally.
posted by VeGiTo on Apr 11, 2003 - 108 comments

Iraqui currency hot on the 'bay

Iraqui currency hot on the 'bay Start your bids, folks.Wired is reporting a boost in auctions for Iraqui currency that contains images of its current leader.
posted by psycht on Apr 10, 2003 - 6 comments

Horror at the ATM

My name is Rod and I can't handle Money. "You see, I never open my bank statements, ever. My only point of contact with my bank is through the ATM next door to the estate agents in Warminster. Even here, I never knowingly press that button which tells you what your balance is, and if I press it by mistake I screw shut my eyes." This is me. Is it you? What's wrong with us? Chrometophobes unite.
posted by grahamwell on Apr 2, 2003 - 74 comments

Space-time continuum abused for financial gain

Space-time continuum abused for financial gain Federal investigators have arrested a Wall Street whizz who made $350 million from an initial investment of just $800 in two weeks. The man has confessed to insider dealing, explaining that he travelled back from the year 2256 in his 'time craft' specifically to make a killing on recorded past stock plunges. The kicker? There's no record of the man's existence prior to December 2002.
posted by skylar on Mar 28, 2003 - 41 comments

Paypal yanks whatreallyhappened.com account

Yes to sex, no to dissent? The Register reports that PayPal has suddenly closed the account of the stridently skeptical (some say overly conspiratorial, but let's leave that tired debate aside) WhatReallyHappened.com. Here's WRH's response, along with reader comments and anti-PayPal links. Here's a translated Quebec story. "Can one conclude from it that PayPal has leaning for the sex?"
posted by mediareport on Mar 13, 2003 - 30 comments

The Guardian's Money IQ test

Are you paid what you're worth? This little IQ test, asks your salary (in pounds) and calculates whether you are overpaid or underpaid with respect to your intelligence. It's obviously not scientific (the test is not timed), and you can argue about how the ability to do IQ tests correlates with your ability to do a job. I predict that the vast majority here will have a coefficient well over 0. [From the Guardian]
posted by salmacis on Mar 13, 2003 - 60 comments

Radio payola, it just never went away

Silly listeners. Payola in radio isn't "back", it's just back in the news. Read how more than ever radio airplay is not determined by you, creativity, inspiration, nor musical genius, but by the big green. More reasons to try xm?
posted by omidius on Mar 3, 2003 - 17 comments

If music be the food of love, then play on

Busker Dü: You're short of money. You're not afraid to make a fool of yourself. You have no pride. You have a musical instrument to abuse. Well - that, apparently, is easy. At least if you're a Guardian journalist. But what else can a feller do these days to drum up that old "Buddy, Can You Spare A Dime?" spirit?
posted by Carlos Quevedo on Feb 26, 2003 - 12 comments

Never Ending Smoke...ahh

Cigarette filters don't want to go away. A sigh of releaf from the smokers except our lovid earth. Not as harmless as the Everlasting Gobstopper, eh.
The word biodegradable doesn't warrant interest from the companies making cigarettes. The gov should be able to protect us...maybe they sponsor the grassroot with all the money made.
posted by lightweight on Feb 18, 2003 - 15 comments

London Congestion Charging

Conjestion charging hits london £5 to take a car into the central zone (pdf) between 7am and 6.30pm Mon - Fri. It's all the work of controversial mayor "Red" Ken Livingstone Opinion is split: for and against. A small majority of Londoners seem in favour of it - traffic in London now is as slow as the days of the horse and cart! Day one seems quiet, though it is the school holidays! Is this the answer?
posted by brettski on Feb 17, 2003 - 39 comments

The Euro Effect Iraq Oil and threat to the dollar

Is the currency that oil is denominated in the real reason for the Iraq War? "The Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard. Iraq actually made this switch in Nov. 2000 (when the euro was worth around 80 cents), and has actually made off like a bandit considering the dollar's steady depreciation against the euro. (Note: the dollar declined 17% against the euro in 2002.)"
posted by thedailygrowl on Feb 11, 2003 - 35 comments

Bush Wants $60B for 2004 Fed IT Budget

Bush Wants $60B for 2004 Fed IT Budget. It's the only area aside from defense that is going to have an increase in spending when Bush releases his budget on 2/3. Mitchell E. Daniels said federal IT projects contain "tons of overlap and redundancies" and "far too many plans for which we do not have good business cases." And here I thought that was just the proper definition of our government.
posted by archimago on Jan 16, 2003 - 109 comments

The richest 1 percent

Are the Republicans the party of the wealthy? According to http://www.opensecrets.org that may not be the case.
posted by ZupanGOD on Dec 19, 2002 - 42 comments

win ben stein's criticism

Benjamin Stein, host of the show Win Ben Stein's Money fears that the United States is squelching what gives it an edge.
posted by jaden on Dec 14, 2002 - 63 comments

Real Cash in a Virtual World

Real cash in a virtual world - a little piece from New Scientist about a new type of massive multiplayer game where you convert real cash in to virtual, and then actually buy things you need to survive in that world.
posted by paladin on Dec 13, 2002 - 12 comments

Bearpath Gated Community.

Bearpath is a gated community in Minnesota. It's not all that special, except for the fact that it's the only gated community in the state. With membership fees to the golf club topping $10,000, it's obvious they want to keep out people who aren't filthy rich, or knows someone who is. Places like Florida, California, or Texas have many more. What causes people to want to move out to the sticks and put up a giant fence around their property, with tightly controlled access to the neighborhood? Is fear of crime a legitimate reason for digging in behind a fence with armed security guards? Or is it just to get away from people? Why is the thought of somebody isolating themselves this much from a community so fascinating?
posted by manero on Dec 3, 2002 - 55 comments

world currency

The World Currency Gallery at Banknotes.com is excellent for old, new, and obsolete banknotes, and the dmoz.org currency result is enormous. [more]
posted by hama7 on Nov 26, 2002 - 7 comments

Ever wonder if your great grandmother kept her pin money in an account no one knew about? Your state treasurer has those unclaimed funds just waiting for you to find them. [more inside]
posted by xyzzy on Nov 4, 2002 - 9 comments

Recent news reports

Recent news reports have started me wondering about Swiss bank accounts and other offshore banking options. Whether you want to protect your assets, live tax free, incorporate with few regulations, launder money, or just escape from the US, an offshore account seems to be the way to go. Just make sure you don't get scammed.
posted by MeetMegan on Oct 24, 2002 - 13 comments

It's fun to watch your tax dollars put politicians in office.

It's fun to watch your tax dollars put politicians in office. "Cheney has been the White House road warrior this year, hauling in more than $22 million for Republicans in 74 campaign appearances"
posted by the fire you left me on Oct 23, 2002 - 14 comments

Who's destined to be a millionaire?

Who's destined to be a millionaire? A little Friday night Calvinism from the people at Marketplace.
posted by condour75 on Oct 18, 2002 - 12 comments

Colleges losing money to students using cell phones.

Colleges losing money to students using cell phones. I suppose this only makes sense considering the popularity of wireless phones but I just never associated long distance charges as a money making proposition for colleges.
posted by cmdnc0 on Oct 14, 2002 - 20 comments

"By removing both costs and the barriers, weblogs have drained publishing of its financial value, making a coin of the realm unnecessary. A lot of people in the weblog world are asking "How can we make money doing this?" The answer is that most of us can't." Though he finally admits: "Right now, the people who have profited most from weblogs are the people who've written books about weblogging."
posted by zenpop on Oct 5, 2002 - 27 comments

Gambling Online a risky business...

Gambling Online a risky business... It is also big business. There are thousands of casinos out there, and the Vegas heavyweights are now starting to come on-line (though not for American players). The business has got its fair share of sharks and evil operators, but there's an awful lot of internet gamblers out there. A recent bill got through the House of Representatives outlawing on-line gaming in the US (though it probably won't get through the Senate to become law). Are any mefi's out there regular on-line gamblers? What do you think of current developments? The government says nuh-uh, but the players and the casinos say more tables! more slots! more spins!
posted by humuhumu on Oct 3, 2002 - 14 comments

Some Good News for a Tuesday

Some Good News for a Tuesday Now that a third cabinet official has been held in contempt over the handling of funds owed to Native Americans, is a big check in the mail? Or will the Interior Department claim that they are out of stamps?
posted by tommyspoon on Sep 17, 2002 - 25 comments

Hell Bank Notes

Hell Bank Notes are a chinese funeral custom of burning paper money in specialized cemetary ovens for use in the afterlife (Some even feature US Presidents JFK and LBJ). I have heard of instances where entire paper houses or cars are burned in tribute. Find out more about contemporary chinese funeral practices, such as funerary music like Mei Hua Ts'ao (Plum Blossoms) [3 meg mp3] and personal insightful interviews. What unique funeral practices have you witnessed or participated in?
posted by Stan Chin on Sep 7, 2002 - 33 comments

Baby, Bye, Bye, Bye!

Baby, Bye, Bye, Bye! NSYNC = NSPACE. Not anymore! Looks like Lance doesn't have the money, and the Russians got tired of waiting.
posted by wsfinkel on Sep 3, 2002 - 27 comments

About Face: The Role of the Arms Lobby In the Bush Administration's Radical Reversal of Two Decades of U.S. Nuclear Policy.

About Face: The Role of the Arms Lobby In the Bush Administration's Radical Reversal of Two Decades of U.S. Nuclear Policy. A detailed look at their relationship and the influence of the defense industry on the policies which they profit from.
posted by homunculus on Aug 13, 2002 - 7 comments

Bank ATM gives extra cash

Bank ATM gives extra cash Man, why can't my bank do this?
posted by agregoli on Aug 13, 2002 - 24 comments

Top-Earning Dead Celebrities

Top-Earning Dead Celebrities Forbes' has published their annual list of what dead celebrities are earning. Shooting to number 4 this year; Dale Earnhardt, who kicks Andy Warhol off the list.
posted by mikemonteiro on Aug 12, 2002 - 16 comments

Poverty is Expensive (part 59)

Poverty is Expensive (part 59) The "i-Gen" prepaid MasterCard, available at a Rite-Aid near you, for those who don't have bank accounts (for debit cards) to say the least of credit ratings sufficient to get credit cards. Pay a $10.00 upfront fee, pay another $5 a month plus a "reload" fee of at least $5 every time your card runs down, all for the privilege of letting them hold on to your cash at no interest.
posted by MattD on Jul 7, 2002 - 28 comments

God, politics and America's most notorious coin

God, politics and America's most notorious coin Teddy Roosevelt described the appearance of "In God We Trust" on U.S. money as "dangerously close to sacrilege." He ordered the motto kept off new $20 gold coins designed by famous sculptor Augustus Saint-Gaudens. Congress demanded the motto restored, making the earlier coins into collector's items. The motto didn't appear on paper money until 1957, just after "In God We Trust" replaced the secular "E Pluribus Unum" as the national motto and the words "So help me God" were added to the oaths of office for federal judges. Meanwhile, religious conservatives are using the motto to put "In God We Trust" posters in every classroom in America.
posted by mediareport on Jun 27, 2002 - 24 comments

The new money will be called NexGen™

The new money will be called NexGen™
The Treasury and Federal Reserve make it official: Starting in 2003, U.S. currency will have pretty colors. But they don't say which colors! I say we MeFis oughta lift our voices high with suggestions on what colors our $100, $50, $20 and $10 bills should be.
Is anyone else creeped out that they call the money "NexGen"? It sounds so ... Orwellian.
posted by Holden on Jun 20, 2002 - 102 comments

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