Clipmarks | Rates Clips

WRONG! Ob.'s Mid-Class Tax to RISE ! $ !

Sat, 11 Oct 2008 02:26:14 GMT

clipped by: davboz
clipper's remarks: From their pocket to the Lower Class's. Just as in HOUSING.
You know, the ones who will pull the rest down. when they are mandated through community intimidation, wealth they haven't earned. Not because they are in dire need situations, but, because they are able to raise an arm and say,"Gimme Mine!"
Let's take it to the National level, it works so well.

Clip Source: www.patterico.com

“To the surprise of some, even though Senator Obama’s tax plan lowers taxes for the bottom four quintiles, marginal tax rates would fall only for the very lowest-income couples. Taking both income and payroll taxes into account, those at the very bottom of the income distribution would see their effective marginal tax rates fall from 27.4 percent to minus 58.6 percent due to proposed changes to the earned income tax credit and Senator Obama’s new “Making Work Pay” credit.

Most low- and moderate-income couples would see their effective marginal tax rates rise,

Indeed, some low- and moderate-income taxpayers will see their marginal rates rise to more than 50 percent.“

The combination of the phase-out of the EITC, the “Making Work Pay” credit, and the child and dependent care credit pushes the effective marginal tax rate to as high as 51.7 percent

That is, the taxpayer

gets to keep less than one half of every additional dollar of earnings in the roughly $30,000-to-$43,000 range.“

Signs Of Limited Credit Thaw Emerge In Money Markets

Fri, 10 Oct 2008 22:43:10 GMT

clipped by: Forbes Markets

Clip Source: www.reuters.com

LONDON/NEW YORK (Reuters) - Banks cut the rates they charge each other for overnight loans in U.S. dollars and euros on Friday, and the rate on one-day corporate IOUs eased from Thursday, providing tentative signs that some corners of the credit market are thawing.

Still, rates for longer interbank loans pushed higher again Friday, and the drop in overnight rates was not universal. The cost to borrow pounds sterling funds overnight jumped as dealers reported some U.K. banks faced a shortage of cash.

And even though overnight rates in some countries moved closer to central bank targets they remain well above where they were four weeks ago before the bankruptcy of investment bank Lehman Brothers locked up credit markets around the world.

Tags: credit crisis, money markets, interbank lending

What to watch beyond the Dow

Fri, 10 Oct 2008 20:02:31 GMT

clipped by: Maureen Farrell
clipper's remarks: If you haven't seen this Slate's new business site, The Big Money, explains the "TED spread," which measures the confidence that banks have in lending to one another. As the Dow continues to plummet, it's helpful to understand another metric (which still doesn't offer much room for optimism right now).

Clip Source: tbm.thebigmoney.com

attending to the ups and downs in the Dow won't tell you much about the current financial crisis. Ours is a crisis of credit: Financial firms are unwilling to lend to each other (at all-but-exorbitant rates) for fear that borrowing firms may fail or that they themselves may need the cash to fend off their own crisis.

the TED Spread measures credit conditions directly. Bloomberg tracks the TED Spread here.

Why TED? The T comes from "T-bill," shorthand for short-term Treasury bills, and the ED comes from "eurodollar contracts." Because interbank lending is international, loans between banks are often called eurodollar transactions. The three-month interbank interest rate is what an American bank can expect to receive for a dollar loan to a European bank (or any other bank, for that matter-"euro" is just a bad substitute for global here), or vice versa. Not surprisingly, interest rates on loans between banks are higher than the interest rate on T-bills.

rates&rent

Fri, 10 Oct 2008 14:42:33 GMT

clipped by: lmc200

Clip Source: iservice.boccc.com.hk

差餉及地租

685663002858217

5441010443590018

港元 (HKD)

304

2008-10-29

繳費指示參考編號 : 101087102833694

Teeweisheit

Fri, 10 Oct 2008 13:23:15 GMT

clipped by: rhianna

Clip Source: www.teebuch.de

Tee hat nicht die Arroganz des Weines -
nicht das Selbstbewußtsein des Kaffees -
nicht die kindliche Unschuld von Kakao.

Im Geschmack des Tees liegt ein zarter Charme,
der ihn unwiderstehlich macht
und dazu verführt ihn zu idealisieren.

Clip Source: www.teebuch.de

" Der Tee überflutet die Seele unmittelbar wie eine Stimme. Seine feine Bitterkeit erinnert an den Nachgeschmack eines guten Rates" (Wang-Yü-Cheng, chinesischer Dichter der Sung-Dynastie)

Clip Source: www.fengshui-haus-dresden.de

Beim Kaffee wird diskutiert, beim Tee spricht man.

Tee kann den Abend verschönern, um Mitternacht Kraft spenden, den Morgen begrüßen und die Mahlzeit verlängern.

Economic New World Order Emerges from Crisis

Fri, 10 Oct 2008 10:44:26 GMT

clipped by: blueridge
clipper's remarks: Taxpayers lose as governments nationalize and intervene in banks to prevent collapse. This seems all too convenient an arrangement. They have always wanted a economic new world order and now, they say, is the time to do it. This financial crisis and the reaction of governments will go down as a major historical event that changed the world.

Meanwhile, while the financial sectors are in throws, gas prices for consumers are dropping and there is still credit and loans to be obtained at good interest rates despite all their propaganda to scare up support for these interventions by governments.

Clip Source: thescotsman.scotsman.com

New World Order: Global co-operation, nationalisation and state intervention - all in one day

IT WAS a day of desperate global action, unprecedented in both scale and cost, intended to stymie the international devastation being wrought by the financial crisis.

As the London stock market steeled itself to open again following days of vicious battering, Alistair Darling, the Chancellor, rose to stake the future of the country and the Cabinet on an audacious £500 billion banking bail-out.

Central banks across Europe, the US, Canada and China also reduced interest rates in an emergency move.

"The international banks concluded there is a major international banking crisis. Banks were collapsing in Europe, as well as the United States.

Following the announcements, Mr Brown spoke by phone to the French president, Nicolas Sarkozy, the German chancellor, Angela Merkel, and the Italian prime minister, Silvio Berlusconi, as well as the EC president, José Manuel Barroso.

Tags: global financial crisis, banks, new world order

The Current Financial Crisis Is Only The Beginning

Fri, 10 Oct 2008 08:57:28 GMT

clipped by: thisnamecantbetaken
clipper's remarks:

One could argue that the banking crisis is just the cold sweat, not the flu that follows it.

Clip Song

Clip Source: www.iht.com

The problem is not just that the banking system has been broken by an orgy of foolish lending but moreover that huge swaths of the global economy are predicated on that foolish lending and the consumption it allowed.

The bubble wasn't just in real estate, leaving the financial system holding the bag; the bubble was in consumption.

The banking crisis will have very serious negative effects on the real economy, and the cost will grow.

The core of the issue isn't even solvency. It's the way in which the debt causing the banking insolvency distorted, distended and hollowed out economies around the world.

The banking crisis is extraordinarily dangerous. But the changes in the global economy that are needed are even more profound. Savings rates are going to need to rise

and consumption fall.

The recession will be long and probably ugly.

There is no doubt that the needed changes can happen and that these innovative and creative economies can re-balance. But it is going to be very painful.

South Korea Hotels

Fri, 10 Oct 2008 08:27:11 GMT

clipped by: mahendra12
clipper's remarks: South Korea Hotels, Cheap Hotel in South Korea, Hotels in South Korea, Discount Hotel South Korea.

Clip Source: www.asiarooms.com

South Korea Hotels

Save money on all South Korea hotels listed on AsiaRooms.com. Just click any of the South Korea cities below to find our unbeatable rates on hotels in South Korea or use the hotel search engine to find hotels in South Korea to suit your needs. Our selection ranges from low budget hotels to five star luxury hotels. Plan now your holiday & reserve your South Korea hotel.

Tags: south korea hotels, cheap hotel in south korea, hotels in south korea, discount hotel south korea

Tax Policy Center on McCain's health care plan

Thu, 09 Oct 2008 22:16:31 GMT

clipped by: deb2012

Clip Source: taxvox.taxpolicycenter.org

McCain would require that added premiums come out of after-tax pay, effectively raising the marginal tax rate on labor.

adding ESI premiums to taxable compensation will push some taxpayers into higher tax brackets, further raising the marginal cost of additional work.

Since he would reward taxpayers for obtaining health coverage, regardless of whether they get it through an employer, some workers may switch from a position that offers health benefits to one that doesn't

or they might switch from full-time to part-time if they do not need to work 40 hours to get tax-subsidized health insurance. Some might elect to not work at all.

a Congressional Budget Office analysis of a somewhat different plan suggests that a plan like McCain's could raise marginal tax rates by perhaps 1.5 to 2 percentage points above the estimated 31 percent current rate

these effects are by design

it reduces the incentives for taxpayers to buy overly comprehensive insurance

we should not ignore th

impact on labor supply

Tags: health care, health insurance, politics, taxes

How Much Do Top Tier Bloggers and Social Media Consultants Get Paid? We Asked Them!

Thu, 09 Oct 2008 20:44:28 GMT

clipped by: rmowery

Clip Source: www.readwriteweb.com

How Much Do Top Tier Bloggers and Social Media Consultants Get Paid? We Asked Them!

The media world is changing and its jobs are changing too. The rise of the blogger is an often-told story, but are the lucky few bloggers who do it for a living well paid? We did a survey to find out.

Let's say these people are half-time pro-bloggers making $25 per post, writing 3 posts per day. That's $75 per half-day, a little less than $20 per hour, about $1500 to $1750 per month for half time work. Take two of those jobs at once, do it for a year, and you'll make about $40k. Everyone's got different arrangements, though, so it's hard to take these kinds of annual projections too seriously.

No one we surveyed named an hourly consulting rate below $150 per hour. $300 per hour was the most common rate named. Some listed monthly rates of $2k to $4k per engagement, which we assume probably means 20 to 40 hours per month.

Tags: blogging, social media consulting, pay, salary, media 2.0, web2.0

IMF sees greatest shock since 1930s

Thu, 09 Oct 2008 18:38:21 GMT

clipped by: sunstreak509

Clip Source: www.ft.com

“The world economy is now entering a major downturn in the face of the most dangerous shock in mature financial markets since the 1930s,” the IMF said. “The situation is exceptionally uncertain and subject to considerable downside risks.”

The fund said that global growth was likely to slow to 3.9 per cent growth in 2008 and 3 per cent in 2009, sharply down from 5 per cent growth last year. Some economists regard 3 per cent or 2.5 per cent global growth as equivalent to a world recession, given the trend rates of growth in the global economy, but Mr Blanchard said that such definitions were unhelpf

Tags: economy, business, markets

Angel Investor Ron Conway Emails His Portfolio Companies Over Financial Meltdown

Thu, 09 Oct 2008 18:27:28 GMT

clipped by: lirazsiri

Clip Source: www.techcrunch.com

Angel Investor Ron Conway Emails His Portfolio Companies Over Financial Meltdown

Ron Conway, one of Silicon Valley’s most prolific angel investors (and he was also an early investor in Google), wrote an email yesterday to the CEOs of his portfolio companies. In no uncertain terms he outlines a bleak immediate future, and gives advice to his startups.

It’s the same advice, actually, that he gave in 2000 during the tech meltdown that was then happening in real time. Lower your burn rates to get at least 3 more months out of your current money, and raise money right now if you can. It’s very similar to what Sequoia (and other VCs, I’m sure) are telling their startups.

One Year Anniversary of Dow's Peak

Thu, 09 Oct 2008 16:20:31 GMT

clipped by: daltonsbriefs
clipper's remarks: Bad News - we've dropped 34.6%
Good News - it can go right back to where it came from, and will, as soon as we all agree to regain our confidence in what we are, and how we do it.

IMHO, Obama will never give us that kind of confidence.

Clip Source: www.marketwatch.com

HomeAutosSavingsMore Rates »

30-year fixed5.9%+0.9%

15-year fixed5.6%+1.6%

Equity6.3%0.0%

National averages from
Bankrate.com

New 36-month6.8%+0.1%

New 48-month6.8%+0.1%

Used 36-month7.2%+0.1%

National averages from
Bankrate.com

Money Market2.4%0.0%

3-month CD2.6%-0.8%

1-year CD3.6%-1.6%

National averages from
Bankrate.com

Tags: stock market, dow jones, marketwatch

investment loan

Thu, 09 Oct 2008 10:44:52 GMT

clipped by: emsplanet
clipper's remarks: Austral Mortgage provides competitive mortgage rates for investment loan, debt consolidation and auto loan. The company also provides useful information for first home buyers and property investors.

Clip Source: www.australmortgage.com.au

The number of households suffering "mortgage rates stress" may double within six to 12 months - sending tens of thousands bankrupt – as all lenders are forced to increase mortgage rates in response to the global credit crisis.

Mortgage rates are predicted to jump by as much as 1 percentage point on some loans and up to 20 basis points on most standard mortgages.

Tags: mortgage, investment loan, debt consolidation, boat loan, auto loan, mortgage rates, first home buyer

British bank bailout to make 692 billion available

Thu, 09 Oct 2008 07:18:40 GMT

clipped by: tommy2balmy
clipper's remarks: "They've got additional capital now if they want it, they've got an unlimited source of liquidity," said Terry Smith, chief executive of the money brokers, Tullett Prebon.

"That certainly should stop the panic in terms of people wondering whether or not the banks are safe."

Clip Source: news.bbc.co.uk

The UK government has announced a package of measures aimed at rescuing the banking system that makes available £400bn ($692bn) of fresh money.

It will initially make extra capital available to eight of the UK's largest banks and building societies in return for preference shares in them.

The key points of the plan are:

Banks will have to increase their capital by at least £25bn and can borrow from the government to do so.

An additional £25bn in extra capital will be available in exchange for preference shares.

£100bn will be available in short-term loans from the Bank of England, on top of an existing loan facility worth £100bn

Up to £250bn in loan guarantees will be available at commercial rates to encourage banks to lend to each other.

To participate in the scheme banks will have to sign up to an FSA agreement on executive pay and dividends.

Much of the current crisis has been caused by the banks' unwillingness to lend to each other

The deal has also been welcomed by the banks.

Tags: british bailout, british