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But I Want a New Yacht

Scraping By on $150K a Year
My heart bleeds for people who earn a six figure income but are still dirt poor. In a skewed distribution model with the median income ($43,000 in 2002) being in Salina, Kansas and moving a mile east or west for each $1000 above or below that median, the Bush's would be four states away in Columbus, Ohio and the average CEO would be in....Kabul, Afghanistan. The top 400 incomes would be three quarters of the way to the moon. From a 2003 article at Alternet so they're probably beyond the moon now and on their way to Mars. From 1979 to 1997, the average annual income of the top 1% (after taxes) increased by 157% (or $414,000) while the poorest 20% went down by $100.
posted by fenriq on Dec 16, 2006 - 68 comments

Stamping the root of evil

Rubber-stamped money collection with numerous political pushing ("Jews for Clinton", "GORE 2004"), advocacy ("LESBIAN $$$"), and advertising ("www.rotten.com"...can we have MoneyFilter?).
posted by Kickstart70 on Dec 15, 2006 - 24 comments

Gentlemen prefer bonds

The Forbes Fictional 15 has been updated for 2006, witnessing energy and defense tycoons like Tony Stark and Oliver Warbucks high on the list and notable perennials like Lex Luthor sliding off. In new additions, Mr. Monopoly has done very well with recent real estate prices rising, and Prince Abikaliki of Nigeria pops up to #10 despite recent legal troubles.
(Metafilter covered the Fictional 15 in 2005 and 2002.)
posted by blacklite on Nov 22, 2006 - 19 comments

Money, Derek Jeter, Nail Clippings & Apple Pie: Harvard's WorklifeWizard

The Harvard University Worklife Wizard, created by an international team of journalists, economists, and statisticians, is Barbara Ehrenreich's wet dream. It's also a fantastic resource that has flown pretty much under everyone's radar. The Worklife Survey drives the constantly-revised, constantly-refined Salary Comparison Tool, which is always hungry for more data about employment from around the world. And when they say they want data from everyone, they mean it-- there's even a VIP Salary Checker that pits the wages of the Yankees against those of the Red Sox. (Plus if you take the survey, you can apparently earn a chance to win a trip to South Africa). Personally, I love the Workplace Horror Stories (and there's a competition there too). I can't look at a nail clipper the same way now.
posted by yellowcandy on Nov 20, 2006 - 26 comments

Britian does it!

According to CNN, the US Mint is coming out with a new dollar. Apparently collectors just hung onto the Sacagawea dollar coin. Let's also not forget what happened to the Susan B. Anthony (Wikipedia) which many thought was a quarter. Speaking of, not only is the Mint making the dollar over again, they're taking the idea that worked with the Quarter. They're going to put different presidents on the new dollar. More coins, if you thought I didn't say "dollar" enough.
posted by Cyclopsis Raptor on Nov 20, 2006 - 90 comments

Colonial Currency Exhibit

An online gallery of Colonial American Currency. You can browse by colony. They also have images of early lottery tickets. Plus brief and informative essays on subjects such as The Value of Money in Colonial America. You can also relive the Copper Panic of 1789-1799.
posted by marxchivist on Nov 7, 2006 - 7 comments

Runaway inflation or just Ebay-as-usual?

Man turns $1 bill into over $11 via Ebay. No it's not old, it's just a used 2003-series bill that's not even in very good condition. It does has an interesting serial number, though. As does this other $1 bill also on Ebay with a current bid of $11. Of course if your dollar bills don't have particularly rare serial numbers it doesn't mean you can't Ebay your way to profit.
posted by clevershark on Oct 29, 2006 - 31 comments

When Scientists Go Bad

When Scientists Go Bad
posted by MetaMonkey on Oct 27, 2006 - 26 comments

Now That Ain't Workin', That's The Way You Do It

Art Money is an alternative, worldwide currency in the form of original works of art. The Bank of International Art Money is an independent organization directed by artists and free from any form of government financing.
posted by fandango_matt on Oct 15, 2006 - 7 comments

"In God we Trust, all others pay cash...."

ATMs for Jesus. A Georgia pastor has created a business that brings churches further into the digital age- for a few grand and a $50 monthly fee, now your congregation can have the convenience of a debit kiosk inside your church. (via Pandagon)
posted by XQUZYPHYR on Sep 28, 2006 - 90 comments

the terms of his employment would be made public in the future

Albania to get more corruption, and duct-tape expert-- ... As much as Ridge's security expertise, Berisha wants him to also bring to Albania his "success story" as Governor of Pennsylvania on education, the judiciary, information technology, agriculture and money laundering. ...
posted by amberglow on Sep 5, 2006 - 17 comments

Executive Excess

Executive Excess 2006: Defense and Oil Executives Cash in on Conflict (PDF). A new study from United for a Fair Economy and the Institute for Policy Studies looks at who is making a killing from the war on terror (or whatever they're calling it this week.) Looking ahead, I better review my portfolio. [Via C&L.]
posted by homunculus on Aug 31, 2006 - 23 comments

Moguls of New Media

WSJ: Moguls of New Media Have nearly a million friends on MySpace and you get $5000 endorsements. Make a comedy podcast with cocktail recipes and you get endorsed by Steve Jobs and get interest from advertisers. Post seemingly impossible self-potraits on Flickr and you get hired by Toyota. The Wall Street Journal looks at these and many more "whos' who of new media". from BlogHer
posted by divabat on Aug 1, 2006 - 22 comments

Peronal finances, or how I learned to stop worrying and invest in a 401k

Get Rich Slowly, a personal finance web site (created by our jdroth), has been educational to someone who spent most of his life until now pretending financial matters don't exist. His blog is updated frequently, and contains insightful tips on living frugally, eliminating debt, saving and investing. Between his site, and another very educational site entitled I Will Teach You To Be Rich (start here), I've greatly expanded my knowledge about managing my money effectively. Perhaps most importantly, they're both consistently interesting and easy reads. [more inside]
posted by knave on Aug 1, 2006 - 73 comments

Only when the last tree has died and the last river been poisoned and the last fish been caught will we realise we cannot eat money.

“I always say that if North Korea only produced conventional goods for export to the degree of quality and precision that they produce counterfeit United States currency, they would be a powerhouse like South Korea, not an industrial basket case.”
posted by Blazecock Pileon on Jul 24, 2006 - 18 comments

we're paying them to report, and they take it from blogs?

A daily intelligence brief on Iraq, prepared by a private contractor for the U.S. military and companies working in Iraq--SOC-SMG Inc --paints a grim picture of life in Baghdad. The information in large sections of the brief? It came from this blog: Iraq the Model
posted by amberglow on Jul 7, 2006 - 129 comments

That's 2 shillings and sixpence in old money

Ever wondered what old amounts of money would be worth today? Or what you could buy with your current salary if you went back 200, 400, or 600 years? Now you can find out with a tool that converts English currency from 1270 onwards into today's prices. Based on Treasury records, it tells you that Mr Darcy's £10,000 a year would now be worth nearly £350,000, or that your house would only have to be worth the equivalent of £500 now to qualify for the vote after 1832.
posted by greycap on Jun 28, 2006 - 22 comments

Executive Elm Toppled, Bushes Intact

Pull out a US $20 bill. Take a look at the picture of the White House. See that tree peeking in from the right, the 140 year old elm that's been there since Andrew Johnson? Well, it's gone. Yup. Fallen over, thanks to the soaker summer storms which have been hammering the Mid-Atlantic in recent days. Cleanup has started, but no word on whether the $20 bill will be needing another update.
posted by brownpau on Jun 26, 2006 - 38 comments

Bank penalty charges for exceeding limits or returning direct debits etc are unenforceable at law and you can get them back

Bank penalty charges are unenforceable at law and you can get them back.
posted by sgt.serenity on Jun 17, 2006 - 29 comments

Get Rich or Die Tryin'

Give us all your money
posted by Blazecock Pileon on Jun 9, 2006 - 47 comments

Micropayments: just my, er, one cent.

IndieKarma micropayments: automatically tip the weblogs you favour 1¢ each time you visit. (Via Kottke, perhaps unsurprisingly.)
posted by jack_mo on May 9, 2006 - 24 comments

Living the good life on just $483,800 a year

What it costs to live well in the United States. According to Forbes, living well for a family of four in New York City requires an annual income of $483,800, compared to $189,923 in Wichita, Kansas. Of course, living well, according to the methodology, involves a vacation home, a BMW 325i and a Lexus RX 330, weekends at the Ritz, and almost no savings, so you might want to skip one of these things if you are a few bucks shy. Also worth noting, the most expensive ZIP codes and houses in the United States (and the world). Are you living well?
posted by blahblahblah on Apr 25, 2006 - 83 comments

Currency Collages

Currency Collages from CK Wilde of Artichoke Yink Press [via]
posted by peacay on Apr 20, 2006 - 27 comments

Fake money 2000 years ago

Great fakers scammed ancient Italy. An ingenious counterfeit-coin scam has been rumbled by scientists in Italy. But no one is going to jail, because the forgers lived more than 2,000 years ago.
posted by riffola on Mar 28, 2006 - 7 comments

Can I borrow a fiver? No? How about a grand?

Prosper is people-to-people money lending online. [via fosfor]
posted by goodnewsfortheinsane on Mar 7, 2006 - 27 comments

I forgot to set this

$1000 reward to anyone who can produce a published case of “repressed memory” (in fiction or non-fiction) prior to 1800. I figure this is something someone here on MetaFilter could dig up.
posted by mulligan on Mar 1, 2006 - 21 comments

Burn, Onitsha, burn

The other religious riots. While much of the world's press has covered the Muslim cartoon riots, not nearly as much ink has been spilled over the continuing violence in Nigeria. A good analysis of underlying factors here. A Shell report points to oil as a proximate cause of violence as well. For oil companies, this may not be a bad thing. (If I was more interested in trolling, I'd have framed this as "Christian Leaders Fail to Condemn Religious Violence." The real world's a little more complex).
posted by klangklangston on Feb 23, 2006 - 15 comments

It's like PayPal but for SMS

Remember when PayPal was just for beaming money from one Palm to another? NYTimes covers Y Combinator, and points out one of their projects, TextPayMe.com, which is trying to repeat PayPal's feat but on your cell phone with text messages. For those interested: Wired coverage from last week.
posted by pwb503 on Feb 21, 2006 - 27 comments

it's not just Armstrong, Gannon/Guckert and their pals

The Price of Payola and Fake News? 1.6 billion dollars for just 2003-5 alone. The GAO's new report lays it out. That's how much seven federal departments spent from 2003 through the second quarter of 2005 on 343 contracts with public relations firms, advertising agencies, media organizations and individuals, according to a new Government Accountability Office report. ... The new report reveals that federal public relations spending goes far beyond "video news releases." (full report is a PDF download from there) And there's another scandal coming, if Wonkette has it right.
posted by amberglow on Feb 14, 2006 - 25 comments

How much does your lawyer get paid?

Lawyers appear to missing out on the growth of the leisure class. Despite American's growing leisure time, and despite another round of pay increases for starting associates, lawyers seem to be working more hours than ever. As long as lawyers are tied the billable hour, it seems that greater salaries for associates inevitably means longer hours for associates. Law professor Pat Schiltz argues [pdf] that the longer hours for new associates combined with the high pressures of law practice means that those lawyers often suffer from depression, anxiety, alcoholism, drug abuse, and suicide at very high rates, and are often forced into unethical practices just to meet the requirements of the law firm.
posted by monju_bosatsu on Feb 13, 2006 - 86 comments

Larry needs to make a budget

"I'm worried, Larry. A financial planner counsels his client: "...I think it's imperative that we start to budget and plan. New purchases should be kept to a minimum. We need to establish and execute on a diversification game plan, to eliminate (yes, eliminate) all debt and build up a significant, conservatively structured, liquid investment portfolio...." Sound advice, but you wouldn't have thought this dickhead gentleman would need it.
posted by mojohand on Feb 12, 2006 - 18 comments

Mo' money mo' problems

It's all about the Hamiltons. The new US $10 bill makes it's debut on March 2nd, 2006. How will it 'stack up' against other nations' works of art?
posted by afx114 on Feb 10, 2006 - 73 comments

Honey I've Got Rhymthms I Haven't Sued Yet: Ninja Tune's Matt Black on, among other things, doing business with iTunes

"The iPod’s a great product. However our experience in dealing with them, as regards licensing music for iTunes, has been quite depressing." Coldcut member and indie label Ninja Tune co-founder Matt Black in a pixelsurgeon interview about the new album, the relative relaxation on sample licensing, and iTunes. For another independent perspective on iTunes see The 99c Question - addressing the pressures on iTunes from major labels to raise prices.
posted by nthdegx on Feb 2, 2006 - 21 comments

IOU 2.0

BillMonk is a new way of tracking informal debts with your friends. Web 2.0 nonsense or a viable solution to those awkward 13-way restaurant bills? Not to be confused with Zopa, another social money project...
posted by runkelfinker on Jan 23, 2006 - 24 comments

Cut and Run

Bush is cutting the reconstruction funds for Iraq. After wasting 20 billion in reconstruction money with little to show for it Bush is going to "cut and run." The worst part is that Bush now wants the coalition of the willing suckers to pick up the bill. Even though Bush promised to make the infrastructure the "best in the region" and has said in recent speeches that "On the economic side, we will continue reconstruction efforts and help Iraq's new government implement difficult reforms that are necessary to build a modern economy and a better life." So we went to war on false intelligence, and now that we have bombed the country into the ground, we are not even going to try and rebuild it? Guess the national debt is just getting a bit too large for Bush and Co to handle. Or maybe, just maybe, we never cared that much, and it was all lies.
posted by stilgar on Jan 20, 2006 - 109 comments

Police : Here to help or to raise revenues?

The police in the UK recently fined a woman who was lost on one of our main motorways. Spotting a police car on the hard shoulder, she parked up behind it and asked for directions. They helped - and fined her £30 ($50) and endorsed her driving license for illegal use of the hard shoulder. (In the UK, it's for emergencies only)

The police here also use significant numbers of speed cameras to spot and fine drivers, with the some money going to the police. Is that right? Shouldn't the police just enforce the law not directly benefit from those that break it? If they benefit directly, doesn't it immediately question their integrity?
posted by jonthegeologist on Jan 2, 2006 - 77 comments

Smokers Brokers

Smokers Brokers is brilliantly simple: take the cash you'd waste on cigarettes and invest it instead. Perhaps this could help coax economists into quitting smoking, for everyone else, it might be better to have some savings and your health than burning up a few more expensive coffin nails. [this site from mefi projects also won the contest for banished]
posted by mathowie on Dec 14, 2005 - 27 comments

Financial fan fiction from Forbes

The Forbes Fictional 15 -- it is list season, after all--the usual suspects, and some new entries. Daddy Warbucks (Net Worth: $27.3 billion, attended SUNY Stony Brook) gets this: Iraqi conflict has been kind to Warbucks; recipient of multiple defense contracts; cat-food holdings also up.
posted by amberglow on Dec 5, 2005 - 49 comments

the acknowledged general of such propaganda warfare

The Rendon Group -- covert perception managers using our taxpayer money to start wars. ... the product of a clandestine operation -- part espionage, part PR campaign -- that had been set up and funded by the CIA and the Pentagon for the express purpose of selling the world a war. ... it was hired by the CIA to help "create the conditions for the removal of Hussein from power." Working under this extraordinary transfer of secret authority, Rendon assembled a group of anti-Saddam militants, personally gave them their name -- the Iraqi National Congress -- and served as their media guru and "senior adviser" as they set out to engineer an uprising against Saddam. ... Rolling Stone thoroughly documents the way we pay to be lied into war and one of the people who do it. From Noriega and Panama through to Chalabi, Miller, al-Haideri, Bush, and you.
posted by amberglow on Nov 19, 2005 - 38 comments

My life is good, you old bat!!

I'm the 24,519,565 richest person on earth! According to the Global Rich List, which says I make more than 99.506% of the people alive today. Only 24.5 million people between Bill Gates & myself...
posted by jonson on Oct 21, 2005 - 90 comments

I wish I'd thought of this...

The Million Dollar Homepage. Sure, you could buy gigabytes of online storage for a year with $100, but wouldn't you much rather have 10x10 pixels here? Is it stupid? Yes, but havn't you always wanted to make hundreds of thousands of dolars without doing anything?
posted by delmoi on Oct 1, 2005 - 73 comments

Leonard Cohen is broke.

Leonard Cohen is broke. The legendary singer's manager allegedly helped herself to more than $5 million of Cohen's savings while he was busy training as a Buddhist monk. Cohen's manager also convinced him to sell his back catalogue and continuing royalties—profits from both sales were allegedly taken by the same manager.

At the age of 70, Cohen's retirement savings have been depleted to under $150,000 and he is being forced to return to full-time touring and recording.
posted by huskerdont on Sep 5, 2005 - 67 comments

yup--Halliburton's there

The business of rebuilding --A range of companies that are expected to play a role in repairing damage, clearing debris and restoring power to the hurricane-battered Gulf Coast ... Some are saying that Katrina could actually boost the Gulf Coast's economic growth for the next few years, while others are forecasting higher energy prices, commodity shortages--and even steeper coffee prices. Worse, the storm may blast inflation throughout the economy.
posted by amberglow on Sep 1, 2005 - 17 comments

"Every night MSN Autos analyzes prices from over 90,000 gas stations across the nation to show you gas prices in your neighborhood."

"Every night MSN Autos analyzes prices from over 90,000 gas stations across the nation to show you gas prices in your neighborhood....Don't eally know if this is as up to date as it says it is. Put in a zip code you know and see what you think. After loading a page you have to scroll down to the bottom to see the local gas station data. A timely link for U.S. readers.
posted by celerystick on Sep 1, 2005 - 20 comments

Gas Money

Gas Money (mp3) Time for somebody to remake this novelty surf/car tune into a top 40 hit again.. ? JAN & ARNIE'S rocker from 1958. A perennial favorite covered by goofball/ garage bands like the Rip Chords, the Skeletons (a.k.a the Morrells), Cousin Al and the Relatives, and the Inner City Unit Above. ... to commemorate the new Gas Crisis. It must suck to be a Hummer Owner. ... unless it's the "Hydrogen Hummer". More covers of the song listed here.
posted by celerystick on Aug 28, 2005 - 4 comments

In Bowie We Trust... again?

An unexpected side effect of iTunes. Remember Bowie Bonds? Introduced in 1997, bonds tied to future profits of music artists (besides Bowie, James Brown and the Isley Brothers offered them) tanked with the advent of online filesharing. Thanks to iTunes, some on Wall Street are betting that the Bowie Bond is a concept with a future.
posted by me3dia on Aug 23, 2005 - 16 comments

Brit Hume's Investment Tip of the Day

"I mean, my first thought when I heard [about the London bombings]...'Hmmm, time to buy.'" Where most people see what happened in London as a tragedy, FOX News' Brit Hume sees an investment opportunity. Media Matters has a transcript and the video in QuickTime and Windows Media formats.
posted by AccordionGuy on Jul 8, 2005 - 69 comments

Gas station debit card OVERcharge

Never use a debit card to pay at the pump: "Each day millions of Americans use their debit card at gas stations to "pay at the pump." What you probably do not know is gas stations have the right to overcharge you a certain amount to ensure they get their money. Each gas station decides how much to overcharge and hold on your account. Some put a $75 or $100 hold on the account while others only hold $5 or $10. But, these stations also decide how long to hold that money. Some hold the money for up to three days. . ." How is this even legal? Am I the last schmuck in the U.S. to find out about this? I just found out that Sam's Club (for example) charges $50 and deposits your change three days later.
posted by spock on Jun 19, 2005 - 94 comments

Race-based pharmaceuticals?

Pharmaceutical company seeks approval for controversial heart drug BiDil for blacks only, even though the connection of a nitric oxide deficiency to the genetic makeup of the African-American population is an unsubstantiated hunch, in the words of the drug's own developer — and the drug had already once been denied approval. Is the FDA doing good science or ignoring science under the pressure of big business wanting to sell BiDil to a US$1Bln demographic?
posted by Rothko on Jun 16, 2005 - 27 comments

MetaMoney

MoneyChimp - a "coherent, logical, useful and accessible financial education resource".
posted by daksya on Jun 9, 2005 - 4 comments

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