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 -
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 -
$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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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
. 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 -
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 -
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 -
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 -
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 -
"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 -
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 -
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 -
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 -