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Once upon a time a man appeared in a village and
announced to the villagers that he would buy monkeys
for $10 each.
The villagers, seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it! The man now announce d that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf. In the absence of the man, the assistant told the villagers: ‘Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.’ The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars.

They never saw the man or his assistant again, only
lots and lots of monkeys!

Now you have a better understanding of how the
WALL STREET BAILOUT PLAN WILL WORK !!!!


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Once upon a time a man appeared in a village and
announced to the villagers that he would buy monkeys
for $10 each.
The villagers, seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it! The man now announce d that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy on his behalf. In the absence of the man, the assistant told the villagers: ‘Look at all these monkeys in the big cage that the man has already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each.’ The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars.

They never saw the man or his assistant again, only
lots and lots of monkeys!

Now you have a better understanding of how the
WALL STREET BAILOUT PLAN WILL WORK !!!!


read more | digg story

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It’s Retard Economics! If the purchasing power of the dollar goes down, and the cost of living goes up, wages will go up.

What planet do these people live on?

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In the Age of Obama, we seem fated to re-explain these eternal lessons. So for today we thought we’d recount the history of the last major country that tried to spend its way to “stimulus” — Japan during its “lost decade” of the 1990s. In 1992, Japanese Prime Minister Kiichi Miyazawa faced falling property prices and a stock market that had sunk 60% in three years. Mr. Miyazawa’s Liberal Democratic Party won re-election promising that Japan would spend its way to becoming a “lifestyle superpower.” The country embarked on a great Keynesian experiment:

August 1992: 10.7 trillion yen ($85 billion). Japan passed its largest-ever stimulus package to that time, with 8.6 trillion yen earmarked for public works, 1.2 trillion to expand loan quotas for small- and medium-sized businesses and 900 billion for the Japan Development Bank. The package passed in December, but investment kept falling and unemployment rose. By the end of the year, Japan’s debt-to-GDP ratio was 68.6%.
[Review & Outlook]

April 1993: 13.2 trillion yen. At exchange rates of the day, this was a whopping $117 billion giveaway, again mostly for public works and small businesses. Tokyo erupted into domestic politicking over election practices, the economy went sideways, and the government fell. New Prime Minister Morihiro Hosokawa floated tax cuts, deregulation and decentralization to spur growth. But as the economy worsened — inflation-adjusted GNP shrank 0.5% in the April to June quarter — the political drumbeat for handouts increased.

September 1993: 6.2 trillion yen. Mr. Hosokawa announced a compromise “smaller” stimulus of $59 billion, along with minor deregulation. He dropped plans for an income-tax cut. The stimulus included 2.9 trillion yen in low-interest home financing, one trillion yen for “social infrastructure,” and another trillion for business. The economy didn’t respond. By the end of the year, Japan’s debt-to-GDP reached 74.7%.

Is any of this beginning to sound familiar? There’s more.

February 1994: 15.3 trillion yen. This stimulus included 5.8 trillion in income-tax cuts, 7.2 trillion in public investment, 1.5 trillion for small business and employment-support, 500 billion for land purchases and 230 billion for agricultural modernization. The income tax cut was temporary, effective only for 1994. The economy stagnated and Prime Minister Hosokawa resigned amid a corruption scandal. By the end of the year, debt-to-GDP was 80.2%.

September 1995: 14.2 trillion yen. The Socialist government of Tomiichi Murayama, with a wobbly coalition, rolled out a $137 billion whopper, with 4.6 trillion in public works, 3.2 trillion for government land purchases, 1.3 trillion in business loans, and more. Mr. Murayama resigned in early 1996, and in June Prime Minister Ryutaro Hashimoto agreed to raise consumption taxes to 5% from 3%, starting in April 1997, to reduce the fiscal deficit.

In 1994 and 1995, Japan spent 3.1% and 2.9% of its annual GDP, and (helped by central bank easing) the economy did respond with modest growth for about two years. Debt-to-GDP hit 87.6%.

April 1998: 16.7 trillion yen. When growth starting slowing again, the re-elected LDP turned to old medicine: 7.7 trillion yen for public works. The $128 billion grab-bag also included 2.3 trillion for the disposal of bad loans. The government announced four trillion yen in (again) temporary income-tax cuts, spread over two years. Mr. Hashimoto resigned in July after voters registered their discontent at the polls.
Today in Opinion Journal

REVIEW & OUTLOOK

* Barack Obama-san
* Condi’s Korean Failure
* The Sole of Liberation

TODAY’S COLUMNISTS

* Global View: Let’s Buy Pakistan’s Nukes
– Bret Stephens
* Main Street: Gitmo Lawyers Are the Latest in Radical Chic
– William McGurn

COMMENTARY

* The Return of Realpolitik in Arabia
– Fouad Ajami
* The Lessons From 30 Years of Chinese Reform
– Hugo Restall
* How Blackwater Serves America
– Erik D. Prince
* Bankruptcy Is the Perfect Remedy for Detroit
– Todd J. Zywicki

November 1998: 23.9 trillion yen. Desperate to get the economy moving, Prime Minister Keizo Obuchi rolled out the country’s largest-ever stimulus, valued at $195 billion. The giveaway included 8.1 trillion yen in social public works, 5.9 trillion for business loans, one trillion for job-creation programs, 700 billion in cash handouts to 35 million households, and more. By the end of the year, debt-to-GDP hit 114.3%.

November 1999: 18 trillion yen. In a “last push,” Mr. Obuchi’s government spent 7.4 trillion yen to prop up businesses, 6.8 trillion yen for social infrastructure projects like telecommunications and environmental projects, and two trillion yen for housing loans, among other things. Debt-to-GDP reached 128.3%.

Japan’s economy grow anemically over that decade, but as the nearby chart shows, its national debt exploded. Only in this decade, with a monetary reflation and Prime Minister Junichiro Koizumi’s decision to privatize state assets and force banks to acknowledge their bad debts, did the economy recover. Yet recent governments have rolled back Mr. Koizumi’s reforms and returned to their spending habits. But Japan does have better roads.

Now we’re told that a similar spending program — a new New Deal — will revive the U.S. economy. How do you say “good luck” in Japanese?

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How to make spare cash online

Thought this was Great Enjoy Guys

You don’t have to be a celebrity blogger to make money online. From Amazon to Google, we’ll show you how to earn some extra beer money by doing what you do best — surfing the interwebs.

Associated Content
Fancy yourself a wordsmith? With the help of Associated Content, loquacious writers can make some extra change by selling their daily musings online. The site accepts all types of media, from text to video. Topics are similarly diverse ranging from laptop reviews to dieting tips. Once your submission is accepted, it’s either posted on the site or on one of Associated Content’s partner sites. Not sure what to write about? The site posts daily “Calls for Content,” letting writers know specific subjects that are needed.
Pay Scale: Associated Content pays about $1 to $30 per article. (Article length varies.) In addition, you can earn revenue from your most popular stories based on its page view count (you receive $1.50 for every thousand page views.)

Amazon Mechanical Turk
You may not surpass Jeff Bezos’ salary, but if performing small tasks on an hourly basis is your idea of fun, you might like Amazon’s Mechanical Turk. The site pays freelancers for performing “Human Intelligence Tasks (HITs), which require anything from writing translations to copy editing. You choose the HIT you want to work on and upon submitting and approving your work, the HIT requester deposits your pay into your Amazon Payments account. The HIT requesters are companies looking to fill their websites with unique content. For instance, at the time of this writing, FriendsEat.com was paying $4.51 for 20 short restaurant reviews. Write more than four sentences and the pay jumps to $4.55. Many of the HITs you’ll find are monotonous, but they’re relatively easy and there’s a healthy mix of low- and high-paying HITs to be found.
Pay Scale: With HITs that pay from $0.01 to $7.50, Amazon Turk will buy you the least amount of beers.

Google AdSense
Want to make money off your blog? With Google AdSense, you can. This online ad service places targeted ads on your website and pays based on the number of visitors who click on the ads, or cost per thousand impressions (CPM). Since you’re in control of your blog, you can write about whatever you want. Google in turn will try to match your content with the appropriate advertising. When someone clicks on one of the ads, you get a portion of the money that Google collects.
Pay Scale: Unfortunately, pay for this model varies greatly and is dependent on how much traffic your blog gets and the amount of money your advertiser is paying. While some people have reported making upwards of $1M a year, sites with low traffic can expect to earn around $100/year.

About.com Guide
Though it requires the most commitment, becoming an About.com Guide offers the most potential to earn cold, hard cash. The New York Times-owned site hires freelancer writers who are well-versed on specific topics. (Topics can range from digital cameras to scuba diving.) It’s then up to the freelancer to maintain and update About.com’s page on that topic. Rookie guides must publish four articles every month with gaps of no less than 14 days between articles. In addition, guides must update their blog one to three times a week. You can work as many hours as you wish, but your work is edited and could be subject to revisions.
Pay Scale: According to About.com, new guides average about $1,000/mo. for their first two years. As your content and page views grow, some guides can make up to $100,000 a year.

Conclusion
Keep in mind that, the amount of money you make on these sites is usually proportionate to the amount of time you’re willing to spend. In other words, working at these sites won’t turn you into the next Internet millionaire, but a few extra dollars in your pocket never hurt anyone

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Ron Paul being interviewed by Robert Kiyosaki adviser Mike Maloney. See why silver and gold are the best investment you can have right now.
Silver is set to make enormous gains like it always has in times of economic crisis, and collapsing fiat currencies.

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People spend a lot of time in email applications, so it makes sense to have links to other applications and useful information next to the email. Some would like to see their bookmarks, others would find useful to have their agenda and the list of to-do items.

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Albert Gonzalez appeared to be a reformed hacker. But the onetime government informant was a central character in what Justice Department officials claim was an international cybercrime syndicate that ripped off tens of millions of credit and debit card numbers from large U.S. retailers.

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Insurers, automakers and American subsidiaries of foreign banks all want the Treasury Department to cut them a piece of the largest government rescue in U.S. history

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