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The great interest rate rip off part 10


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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Oil up 5 percent after Saudi strikes in Yemen; dollar limits gains | btn_rel_video.gif

 

FXpert, Yemen, Middle East 7:41pm GMT

 

Iraq oil minister sees $70 crude by end 2015

 

FXpert, Yemen, Middle East 7:41pm GMT

 

Stocks slide, oil prices jump after Yemen air strikes

 

FXpert, Yemen, Middle East 7:16pm GMT

 

G20 watchdog to study bond market liquidity, asset managers

 

G20 7:06pm GMT

 

London or Paris: which is the club for Russia's Ukraine debt?

 

IMF 6:50pm GMT

 

Nomura, RBS 'crap' emails come into play in $1 billion mortgage bond trial

 

6:46pm GMT

 

UBP set to buy RBS's Coutts International - source

 

6:39pm GMT

 

Aviva, Friends Life shareholders vote for merger

 

6:33pm GMT

 

Adidas replaces chief of TaylorMade golf unit

 

5:44pm GMT

 

U.S. jobs, services sector data point to growth rebound

 

5:37pm GMT

 

Greece prepares reforms, eyes deal with euro zone next week

 

World, 5:14pm GMT

 

Greek PM, IMF's Lagarde discussed talks with lenders over the phone - government official

 

World, IMF 5:14pm GMT

 

FTSE falls for third day as tech, travel stocks are hit

 

FXpert 4:59pm GMT

 

Alliance invokes Elliott track record in appeal against board shake-up

 

4:54pm GMT

 

German economic advisers hike 2015 growth forecast to 1.8 percent

 

4:25pm GMT

 

Bank of England to quiz fund managers over short-notice redemptions

 

4:22pm GMT

 

ECB's Draghi says money printing already helping recovery

 

4:09pm GMT

 

Risk-shy banks and companies keep euro zone credit on tight leash

 

4:09pm GMT

 

IMF sees Russian holdings of Ukraine debt as 'official'

 

IMF 3:52pm GMT

 

Australia ready to join China-led bank, seeks clarity on governance

 

Australia 3:50pm GMT

 

Another U.S. ally, South Korea, seeks to join China-backed AIIB

 

3:50pm GMT

 

Draghi reiterates that ECB cannot buy Greek bonds

 

3:37pm GMT

 

Analysis - 3G to use its cost-cutting playbook on Kraft after Heinz merger

 

3:33pm GMT

 

Low interest rates causing 'huge problems' in Germany - Schaeuble

 

3:28pm GMT

 

ECB's Draghi says in favour of Italy cooperative bank reform

 

3:09pm GMT

 

Leaked Pacific trade pact draft shows investment carve-outs sought

 

Australia, Tech 3:07pm GMT

 

ECB's Draghi says bond buying impact on exchange rate strong

 

2:55pm GMT

 

Rio Tinto to cut M&A headcount in saving drive - sources

 

Australia 2:53pm GMT

 

Kingfisher 'considering all options' on Mr Bricolage deal

 

2:46pm GMT

 

New pandemic insurance to prevent crises through early payouts

 

2:45pm GMT

 

Adidas to shift some production from Asia in quest for speed

 

2:41pm GMT

 

IMF says had 'constructive' phone call with Greece

 

World, IMF 2:36pm GMT

 

ECB's Draghi says favours moves to cut Italian banks' bad debt

 

2:26pm GMT

 

Accenture raises revenue growth forecast for second time

 

Sport 2:25pm GMT

 

German court dismisses hedge funds' suit against Porsche SE

 

2:19pm GMT

 

Migrant job-seekers can be denied benefits, EU lawyer says

 

2:16pm GMT

 

Haversham to buy British Car Auctions for 1.23 billion pounds

 

2:15pm GMT

 

Pernod Ricard says sales improved in Chinese New Year

 

1:59pm GMT

 

ECB queries banks on Austria exposure after Hypo move-sources

 

1:08pm GMT

 

Ford to triple exports from India with new $1 billion plant

 

1:04pm GMT

 

China quietly drops limit on foreign fund investments

 

12:56pm GMT

 

UK retail sales improve in February, boding well for economy

 

12:50pm GMT

 

EU signals further divergence from global banking rules

 

12:31pm GMT

 

Britain awards AgustaWestland 580 million-pound helicopter contract

 

UK 12:24pm GMT

 

BOJ newcomer Harada says price target, timeframe not rigid goals

 

Japan 12:16pm GMT

 

SoftBank-led group in talks to buy stake in India's Micromax - sources

 

Japan 12:03pm GMT

 

Tesco's F&F clothing stores seen opening in Russia in June

 

11:54am GMT

 

China banks borrow Western tricks to combat spike in bad loans

 

11:48am GMT

 

Shell to cut more UK North Sea jobs in 2015

 

11:28am GMT

 

Swiss economy to grow slightly in 2015 after mild recession - KOF

 

11:07am GMT

 

UK retail sales growth rebounds in March - CBI

 

11:04am GMT

 

Euro zone lending dips in February, pointing to slow recovery in credit

 

9:57am GMT

 

UK mortgage approvals rise for second month in February - BBA

 

UK, 9:56am GMT

 

France cuts 2015 deficit target, eyes economic recovery

 

9:38am GMT

 

Borse Dubai rules out Nasdaq OMX Group stake sale

 

9:15am GMT

 

Half of China's total trade to be settled in yuan by 2020 - HSBC CEO

 

8:53am GMT

 

HSBC's Islamic banking unit raises 137 million pounds in Malaysia sukuk sale - IFR

 

8:53am GMT

 

British taxpayers' stake in Lloyds falls below 22 percent

 

UK, 8:51am GMT

 

German consumer morale hits highest level in 13-1/2 years - GfK

 

8:48am GMT

 

German real wages post record 1.7 percent increase in 2014

 

8:47am GMT

 

Borse Dubai sells shares in London Stock Exchange at 2,250 pence per share - source

 

8:44am GMT

 

UK raises further 500 million pounds from Lloyds share sale - Osborne

 

UK 8:37am GMT

 

Taxpayer stake in Lloyds falls below 22 percent

 

UK 8:36am GMT

 

Hainan Airlines to buy 30 Boeing 787-9 jets, worth $7.7 billion by list price

 

Aerospace & Defence 8:34am GMT

 

SuperGroup buys out U.S. licence, to start dividend payments

 

8:31am GMT

 

easyJet upgrades first-half forecast on currency boost

 

8:03am GMT

 

Turkey plans to join China-led Asian infrastructure bank - Treasury

 

8:01am GMT

 

Lloyd's of London 2014 profits flat, returns fall

 

7:53am GMT

 

Borse Dubai rules out Nasdaq OMX Group stake sale

 

7:50am GMT

 

French economy grew 0.1 percent in fourth quarter, up 0.4 percent overall in 2014

 

7:48am GMT

 

Bank of England policymakers see scant need for rate cut

 

7:15am GMT

 

London steps up fight for spoils from financial tech boom

 

UK, Tech 7:07am GMT

 

Abu Dhabi Airports CEO leaving to take up UK defence ministry role

 

UK 6:57am GMT

 

BOJ says structural factors hurting exports are fading

 

Japan 5:42am GMT

 

Modular mojo - Toyota re-engineers its appeal

 

4:49am GMT

 

UBS targets Asia for wealth management growth - chief executive

 

4:36am GMT

 

Toyota aims to halve cost of retooling in sweeping efficiency drive

 

4:33am GMT

 

Japan plans to invest $5.6 billion in Indonesia - Investment Chief

 

Japan 3:59am GMT

 

Miners suspend operations in Chile as heavy rains flood roads

 

3:31am GMT

 

Factbox - Chile's copper miners hit by heavy rains

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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Share on other sites

Easyjet to require two on flightdeck

 

 

 

 

 

Budget airline Easyjet says it will require two crew in the cockpit at all times, after UK airlines are told to review procedures following the Alps crash.

 

  • 38 minutes ago
  • From the section UK

 

 

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Adidas unveils Europe factory plan

 

 

Full article Adidas unveils Europe factory plan

Financial risks prompt further action

 

 

Full article Financial risks prompt further action

Oil prices surge on Yemen airstrikes

 

 

Full article Oil prices surge on Yemen airstrikes

UK retail sales up 0.7% in February

 

 

Full article UK retail sales up 0.7% in February

Black cab plant to create 1,000 jobs

 

 

Full article Black cab plant to create 1,000 jobs

Toyota resumes efficiency drive

 

 

Engineer sunk by Petrobras scandal

 

Full article Engineer sunk by Petrobras scandal

  • 33 minutes ago
  • From the section Business

 

 

Oil firms to cut hundreds of jobs

 

Full article Oil firms to cut hundreds of jobs

 

 

France cuts budget deficit target

 

Full article France cuts budget deficit target

 

 

 

FTSE slides 1.4% as oil prices jump

 

The London stock market falls as investors react to a jump in oil prices following airstrikes by Saudi Arabia on rebel targets in Yemen.

Full article FTSE slides 1.4% as oil prices jump

 

 

Related content

 

 

 

Norwegian green energy to power UK

 

Green power from Norway will soon be powering hundreds of thousands of homes in Britain, National Grid says.

Full article Norwegian green energy to power UK

 

 

Related content

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Liquidity storm could throw UK into chaos, Bank of England warns

 

boe_3246207d.jpg

Bank of England warns that liquidity has become "more fragile", as it says threat of Greek default poses "significant risks" to the UK

130 Comments schaeuble_3246868g.jpg

Low rates causing 'huge problems' for Germany

 

Wolfgang Schaeuble, Germany's finance minister, says there is too much central bank money and debt in the world

31 Comments

yemen-anti-houthi_3242589g.jpg

Oil price hits two-week high after Yemen air strikes

 

Saudi Arabia launches military action against rebels in Yemen as war threatens Arabian Peninsula

31 Comments

Europe blocks desperate Greek attempt to stay afloat

 

SadTsip_3245180d.jpg

Eurozone says it is "legally impossible" to return €1.2bn in rescue funds to cash-strapped Athens

1155 Comments

 

plum_1989612g.jpg

Shop prices are falling at a record pace

 

Deflation in shop prices is accelerating but retail sales continue to grow by volume

21 Comments

Driverless cars to create 320,000 UK jobs and save 2,500 lives

 

driverless_pod_sum_3193869d.jpg

Britain will get huge economic boost from driverless cars which will also cut death toll on roads, new report predicts

144 Comments

RBS_1781439g.jpg

RBS raises the size of its Citizens share sale

 

The sale could raise up to $3.7bn for the taxypayer-supported bank

1 Comment

cox_2205352g.jpg

Alliance Trust attacks activist's track record

 

One of Britain's oldest investment trusts argues that Elliott's interests are at odds with other shareholders

Comment

aviva_2214313g.jpg

Aviva and Friends Life shareholders support creation of insurance giant

 

The £8bn takeover will come into effect in April, shortly after the pensions overhaul

Comment

amec_2036058g.jpg

Amec Foster Wheeler profits fall on oil price slump

 

UK engineering group hopes that greater diversity and focus on clean energy market will offset weak oil price

 

Why lower corporation tax means more for Treasury

 

US risks epic blunder by treating China as an economic enemy

 

Ten years after MG Rover, the West Midlands is back in the fast lane

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

HBO Will Introduce a Daily Vice Newscast

 

By JOHN KOBLIN 1:24 PM ET

 

 

No start date was given for the new half-hour program from Vice Media, the Brooklyn-based company, which already has a newsmagazine series on HBO.

 

 

 

sub-2-27Up-move-1-sfSpan.jpg

Joe Raedle/Getty Images

 

 

The Upshot

 

The Giant Retirement Community That Explains Where Americans Are Moving

 

By NEIL IRWIN

 

The Villages area in Florida, shown above, demonstrates how warmth and affordable housing have helped a pre-recession population trend reassert itself.

 

 

 

 

27dollar-web2-thumbStandard-v3.jpg

As Dollar Heats Up Overseas, U.S. Manufacturers Feel a Chill

 

By NELSON D. SCHWARTZ

 

Customers in places like Europe, where the euro has fallen against the dollar, say they can no longer afford American goods without deep discounts.

 

 

 

Common Sense

 

27stewart-thumbStandard-v2.jpg

Bargain Hunting With a Strong Dollar in Europe, but Finding a Mixed Bag

 

By JAMES B. STEWART 2:56 PM ET

 

With the euro approaching parity with the dollar, it seems to be time for a shopping spree on the Continent. But currency fluctuations are complicated.

 

 

 

 

 

 

 

 

 

db-payday-web1-thumbStandard.jpg

Payday Loan Rules Proposed by Consumer Protection Agency

 

By JESSICA SILVER-GREENBERG 11:50 AM ET

 

The rules proposed by the Consumer Financial Protection Bureau would require lenders to assess customers’ ability to repay short-term loans.

 

 

oil-prices-explainer-thumbStandard.jpg

Oil Prices Jump as Saudi and Yemen Fighting Escalates

 

By STANLEY REED 2:31 PM ET

 

Concerns over a possible disruption in supplies forced prices up as Saudi Arabia began airstrikes against Yemen.

 

 

27streaming-web1-thumbStandard.jpg

As Twitter Introduces Periscope, Tech Titans Bet on Live Streaming Video

 

By MIKE ISAAC and VINDU GOEL

 

Apps that help users broadcast themselves live from their phones are catching the eye of tech heavyweights and venture capitalists. Periscope is Twitter’s big entry into this realm.

 

 

dbpix-moynihan-thumbStandard.jpg

Bank of America C.E.O. Took 7% Pay Cut in 2014

 

By MICHAEL CORKERY 12:45 PM ET

 

Brian T. Moynihan, the bank’s chief executive, was paid $13 million, slightly less than the pay of the firm’s investment bank head, Thomas K. Montag.

 

House Passes Bill Changing Medicare Fee Formula and Extending Children’s Insurance

 

By JENNIFER STEINHAUER and ROBERT PEAR 12:46 PM ET

 

In a significant bipartisan move backed by President Obama, the House agreed on changing the formula for doctors’ fees and extending the Children’s Health Insurance Program.

 

drones-thumbStandard.jpg

Drones Beaming Web Access Are in the Stars for Facebook

 

By QUENTIN HARDY and VINDU GOEL

 

A V-shaped unmanned vehicle is the centerpiece of the social network’s plans to connect with the five billion or so people it has yet to reach.

 

26trade-web1-1427315267997-thumbStandard.jpg

Trans-Pacific Partnership Seen as Door for Foreign Suits Against U.S.

 

By JONATHAN WEISMAN 2:32 PM ET

 

The 12-nation accord would let foreign corporations challenge American actions and regulations that hurt their business, a classified document obtained by The Times says.

 

 

26DATA-thumbStandard.jpg

Cost a Factor in Streaming Flight Data in Real Time

 

By JAD MOUAWAD

 

Another plane crash has many in aviation asking whether commercial flights should be required to transmit live data in real time.

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Oil dives 5 percent as worries about Iran talks trump Yemen

 

FXpert, Yemen, Middle East 7:46pm GMT

 

Analysis - As 3G digests Kraft deal, rivals will focus on organic firms

 

6:40pm GMT

 

Carney says Bank of England rates likely to rise, contrasts with Haldane

 

5:35pm GMT

 

Shares up at end of down week, oil prices retreat

 

FXpert 5:35pm GMT

 

Exclusive - Yoox and Net-a-porter in merger talks again: sources

 

Tech 5:31pm GMT

 

Dow Chemical to sell most chlorine assets in $5 billion deal

 

5:27pm GMT

 

FTSE ends week with a whimper as commodity stocks fall

 

FXpert, 5:00pm GMT

 

Ex-Barclays executive, businessman given jail terms in Italy for corruption

 

4:53pm GMT

 

Greece submits new list of reforms to unlock further aid | btn_rel_video.gif

 

4:48pm GMT

 

Power returns to Amsterdam after outage hits a million homes

 

World 4:32pm GMT

 

Major Holcim shareholder wants clarity on CEO in Lafarge deal

 

4:21pm GMT

 

ECB's Nouy - consider Greek banks to be solvent

 

4:09pm GMT

 

Greece eyes boosting state revenues by 3 billion euros in 2015 - government official

 

3:40pm GMT

 

French finance minister calls for detailed Greek reform proposals

 

3:35pm GMT

 

Greece, creditors to start talks on reforms Friday - euro zone official

 

3:34pm GMT

 

BlackBerry posts fourth-quarter profit; seeks to end revenue slide

 

Tech, 3:13pm GMT

 

Hi-tech and Big Data offer hope to battered U.S. oil industry

 

Tech 3:06pm GMT

 

German surplus not problem for euro zone says Schaeuble

 

2:43pm GMT

 

Red Bull have no plans to make own engine

 

Sport, Formula One 2:12pm GMT

 

Miner Vedanta to file notice of claim in Cairn India tax dispute

 

2:08pm GMT

 

Bank of England's Broadbent sees 'pretty low' UK deflation risk

 

2:05pm GMT

 

Bank of England's Broadbent says does not finesse sterling exchange rate

 

2:05pm GMT

 

U.S. economic growth slows in fourth-quarter

 

1:55pm GMT

 

Central banks call for lower capital requirements on top-quality pooled debt

 

1:12pm GMT

 

German finance minister - expansionary monetary policy cause, not solution, for crises

 

1:11pm GMT

 

IKEA gets first order for flat-pack refugee shelters

 

12:27pm GMT

 

Marks & Spencer expected to show improving trend for non-food sales

 

12:26pm GMT

 

Former Logica manager jailed in UK for insider trading

 

UK 12:21pm GMT

 

Power returning to Amsterdam after outage, but transport disrupted

 

12:04pm GMT

 

Mercedes to launch a pickup truck outside the United States

 

11:59am GMT

 

ECB shelves euro clearing house policy - source

 

11:44am GMT

 

Switzerland's UBP to buy RBS's Coutts International

 

11:42am GMT

 

Irish retail sales up 8.2 percent year-on-year in February

 

11:26am GMT

 

Grexit wouldn't be big problem for Germany-employers' association

 

11:05am GMT

 

Austrian finance minister sees crisis of confidence in Greece

 

11:04am GMT

 

EU clears German scheme to exempt pharma groups from price freezes

 

10:53am GMT

 

London or Paris: which is the club for Russia's Ukraine debt?

 

IMF 10:52am GMT

 

EU clears most exemptions from UK aggregates levy

 

10:48am GMT

 

Peugeot, Mitsubishi to suspend production at Russia plant

 

10:41am GMT

 

Italy January retail sales gain 0.1 percent month-on-month

 

10:13am GMT

 

Bank of England, stung by scandals, flags market concerns

 

10:08am GMT

 

Former telecoms regulator to lead drive to merge UK financial trade bodies

 

UK 10:03am GMT

 

Bank of England's Haldane sees case for more global rules for asset classes

 

UK, 10:02am GMT

 

French consumers more confident, PM upbeat on growth

 

9:42am GMT

 

Dutch government delays ABN Amro listing over executive pay row

 

9:30am GMT

 

Santander chairwoman says no need for further purchases

 

9:28am GMT

 

Co-op Bank sees more branch, job cuts after 2014 loss

 

UK, 8:59am GMT

 

Andorra to create 'bad bank' to group BPA toxic assets

 

8:43am GMT

 

Swatch CEO optimistic on 2015 sales, shares jump

 

8:19am GMT

 

ECB's Weidmann says euro zone debt in 'danger zone'

 

8:12am GMT

 

UK house price growth slows again in March - Nationwide

 

UK 7:38am GMT

 

Housebuilder Barratt names FD David Thomas as new CEO

 

7:35am GMT

 

China January-February industrial profits down 4.2 percent year-on-year, worst drop since 2012

 

7:28am GMT

 

Iron ore slump set to shrink China's mining capacity

 

7:28am GMT

 

South Korea sees gains for its infrastructure firms from joining AIIB

 

6:14am GMT

 

Japanese factory output seen falling in February, but outlook solid

 

Japan 6:10am GMT

 

New Zealand seeking to one-up 'big brother' Australia

 

Sport, Australia 4:11am GMT

 

JPMorgan retains number one spot in investment banking but revenues slip

 

4:08am GMT

 

Australia ready to join China-led bank, seeks clarity on governance

 

Australia 3:58am GMT

 

IMF rolls back remarks on Russian holdings of Ukraine debt

 

IMF 2:25am GMT

 

Japan core consumer inflation grinds to halt, keeps BOJ pressured

 

Japan 2:04am GMT

 

Japan still cautious on AIIB, to keep in contact with U.S

 

Japan 1:07am GMT

 

Rio Tinto to cut M&A headcount in saving drive - sources

 

Australia 12:14am GMT

 

MPs slam financial watchdog over insurance debacle

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Mark Carney: next interest rate move will be up, not down

 

carney_3197863d.jpg

 

Varoufakis denies resignation as Greeks accused of "gambling" away trust

 

VaroufakisDenial_3248418g.jpg

Controversial finance minister brushes off reports he will be getting the sack as "amusing"

298 Comments

Fred Goodwin told to hand over private emails in Royal Bank of Scotland lawsuit

 

fred_2123333g.jpg

Judge approves request from thousands of shareholders suing bank over 2008 rights issue to have personal emails disclosed

41 Comments

Liquidity storm could throw UK into chaos, Bank of England warns

 

boe_3246207d.jpg

Bank of England warns that liquidity has become "more fragile", as it says threat of Greek default poses "significant risks" to the UK

191 Comments

coop-bank_2592408g.jpg

Co-op Bank cuts losses as it axes staff and branches

 

Troubled bank extends chief executive's contract

14 Comments

Low rates causing 'huge problems' for Germany

 

schaeuble_3246868d.jpg

Wolfgang Schaeuble, Germany's finance minister, says there is too much central bank money and debt in the world

131 Comments

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Online bank fraud soars with conmen on the rise

 

New figures show £60.4m lost last year, up from £40.9m in 2013

6 Comments

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RBS sells Coutts International to Swiss bank UBP

 

Taxpayer-backed bank will keep hold of Coutts' UK operations

Comment

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Barratt chief executive to step down after nine years

 

Housebuilder has promoted finance director to replace Mark Clare

Comment

Google just revealed it's paying its new CFO $70m

 

google_3247481d.jpg

Google is giving Ruth Porat stock valued at $65m, a $5m signing bonus and an initial salary of $650,000

 

Will someone please put the Co-op Bank out of its misery?

 

Global warming deal lies in Delhi not Paris as debate heats up

 

Saudi battle for Yemen exposes fragility of global oil supply

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Yellen Says Fed Will Increase Rates Slowly

 

By BINYAMIN APPELBAUM 3 minutes ago

 

 

The return to normalcy in monetary policy will be prolonged, the Fed chairwoman said, because the American economy remains fragile.

 

 

 

germanwings-cockpit-door-lock-1427387990673-sfSpan-v3.png

By The New York Times

 

 

Cockpits Are Now Built to Protect From Threats

 

By JAD MOUAWAD and CHRISTOPHER DREW

 

By apparently locking the captain out of the cockpit, the co-pilot of Germanwings Flight 9525 took advantage of a major safety protocol instituted after the Sept. 11, 2001, attacks.

 

 

 

 

 

 

 

 

 

 

 

27DB-PAYDAYjp-thumbStandard-v2.jpg

Payday Loan Rules Proposed by Consumer Protection Agency

 

By MICHAEL D. SHEAR and JESSICA SILVER-GREENBERG

 

The rules proposed by the Consumer Financial Protection Bureau would require lenders to assess customers’ ability to repay short-term loans.

 

 

document-ellen-pao-kleiner-perkins-suit-verdict-form-and-jury-instructions-thumbStandard.png

Document: What the Jury in the Ellen Pao-Kleiner Perkins Suit Must Decide

 

 

The case pits a venerable venture capital firm, which nurtured such famous Internet start-ups as Google and Amazon, against a former junior partner who claimed that she was discriminated against and was ultimately let go after complaining.

 

28guest-web-thumbStandard.jpg

Be Your Guest? How About I Just Pay and Leave?

 

By HILARY STOUT 1:30 PM ET

 

For decades, Disney used the word the “guest” instead of “customer.” Today it has sprung from the hospitality business and invaded retail, to some customers’ chagrin.

 

29-RACECARS-thumbStandard-v2.jpg

In Silicon Valley, Auto Racing Becomes a Favorite Hobby for Tech Elites

 

By FARHAD MANJOO

 

A small but growing group of mostly men gather to drive fast and network with clients and others in the tech industry.

 

Bits Blog

 

Google and Johnson & Johnson Team for Robotic Surgery Projects

 

By CONOR DOUGHERTY 1:44 PM ET

 

Google and Johnson & Johnson announced a partnership to develop new robot-assisted surgery technologies but offered few details.

 

27contacts-web1-thumbStandard-v2.jpg

Contact Lens Makers and Discounters Tussle Over Price Setting

 

By KATIE THOMAS

 

All the major contact lens manufacturers have enacted policies to set minimum pricing by sellers, who in turn say the rules amount to price-fixing.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

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http://www.bloomberg.com/news/articles/2015-03-25/munger-says-prepare-for-harder-world-as-purchasing-power-slides

 

Charles Munger, who became a billionaire while helping Warren Buffett build Berkshire Hathaway Inc., predicted it’s going to get tougher for consumers to maintain their standard of living in coming decades.

“We should all be prepared for adjusting to a world that is harder,” Munger, 91, said Wednesday at an event in Los Angeles, in response to a question about the increase in the size of the Federal Reserve’s balance sheet since the 2008 financial crisis. “You can count on the purchasing power of money to go down over time. And you can almost count that you’ll have more trouble in the next 50 years than the last.”

The cost of living in the U.S. excluding food and fuel rose more than forecast in February, climbing 1.7 percent from a year earlier. The Fed’s preferred measure of inflation expectations - - the five-year, five-year forward break-even rate -- now projects consumer prices will increase at a 1.91 percent rate starting in 2020. That’s up from 1.75 percent on Jan. 30.

 

 

Munger spoke at the annual meeting for Daily Journal Corp., a Los Angeles-based newspaper publisher where he serves as chairman. After inflation, investors in common stocks averaged “unbelievably good” returns over the last five decades, he said.

Best Times“Somebody my age has lived through the best and easiest period that ever happened in the history of the world -- the lowest death rates, the highest investment production, biggest increases in most people’s standards of living,” Munger said.
“If you’re unhappy with what you’ve had over the last 50 years, you have an unfortunate misappraisal of life.”

Recalling an era when people paid 5 cents for a cup of coffee and new automobiles cost $600, he said the declining value of money in past decades didn’t turn out to be as severe as he had anticipated.

 

Of course people his age had it easy, they left the interest and debt bill for us to sort out! How nice of them.

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

RBS sells Coutts International to UBP

 

 

Full article RBS sells Coutts International to UBP

Israel to resume tax transfers to PA

 

 

Full article Israel to resume tax transfers to PA

North Sea workers to vote on action

 

 

Full article North Sea workers to vote on action

Co-op Bank still has 'much to do'

 

  • 27 March 2015
  • From the section Business

 

Full article Co-op Bank still has 'much to do'

Mining shares pull FTSE lower

 

 

Full article Mining shares pull FTSE lower

Japan economy at brink of deflation

 

  • 27 March 2015
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Apple boss 'disappointed' by new law

 

Full article Apple boss 'disappointed' by new law

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Blackberry posts profit for quarter

 

Full article Blackberry posts profit for quarter

 

 

Brazil's economy grew 0.1% in 2014

 

Full article Brazil's economy grew 0.1% in 2014

 

Online banking fraud 'up by 48%'

 

Losses from online banking fraud rose by 48% in 2014 compared with 2013 as more consumers conducted their financial affairs on the internet.

Full article Online banking fraud 'up by 48%'

 

Housing market activity 'subdued'

 

 

 

 

 

UK housing market activity has "remained subdued", the Nationwide says, as annual house price growth slows for the seventh month in a row.

 

 

 

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If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

 

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

Greece aims to unlock bail-out cash with €3bn reform blitz

 

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[/url] Anti-austerity government submits revenue raising measures but insists it will not carry out "recessionary" reforms

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Tiny principality has been rocked by allegations of money laundering in its oversized banking sector

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eBay pilots new 'click and drop' scheme for sellers

 

Over the coming weeks, eBay sellers will be able to drop their products at selected Argos stores, cutting postage costs

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Ofcom's chief takes on her daunting in-tray

 

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'Mrs Treasury' Sharon White has hit the ground running

It's time for the world to adjust to China's ambition

 

Sleepy food giants must wake up or be gobbled up

 

Will someone please put the Co-op Bank out of its misery?

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

In Silicon Valley, Auto Racing Becomes a Favorite Hobby for Tech Elites

 

By FARHAD MANJOO

 

 

A small but growing group of mostly men gather to drive fast and network with clients and others in the tech industry.

 

 

 

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Peter DiCampo for The New York Times

 

Racing enthusiasts have said that taking a potential employee, investor or start-up founder to a day at the track makes for a connection that exerts a hold even when they are off the track.

 

 

 

 

 

 

 

 

 

 

 

The Upshot

 

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Company Thinks It Has Answer for Lower Health Costs: Customer Service

 

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Born from the mid-1990s through the early 2000s, its members are independent, curious, mature, driven and ready to change the world.

 

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Helping Veterans Get Hired

 

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Nick Swaggert, the veterans program director for a technology staffing and services firm, sees firsthand the battles that veterans face when they look for jobs.

 

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Yellen Says Fed Will Increase Rates Slowly

 

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The return to normalcy in monetary policy will be prolonged, the Fed chairwoman said, because the American economy remains fragile.

 

News Analysis

 

After Kleiner Trial, Expect Less Shooting From the Hip in Silicon Valley

 

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A recurring issue was who originated investment ideas at the venture capital firm and the lack of documentation to support claims.

 

 

 

If DEBT is the problem REPAYMENT is the solution

 

Debt revenue doesn't equal tax revenue

 

I will pay for my own stupidity but not for the stupidity of others.

 

Remember, profits are privatised, losses are socialised.

That's the 21-century Free Market.

Link to post
Share on other sites

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