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This is why CEO's negotiate such huge compensation packages. One little mistake, and they get kicked to the curb. BP has 80,000 employees and $265 Billion in revenue. Proportionally, this is like a fry cook being fired for burning a meal.

States get their money from basically 3 places; income tax, property tax, sales tax. Fines and fees make up the balance, but that is a tiny amount compared to the big three. The point of the article is that there is a correlation between a state's fiscal irresponsibility and the amount of...

Maybe I'm splitting hairs, but knowledge and skills are potential not wealth. Similar to a field and a bag of seed vs. sacks of harvested wheat. Knowledge certainly has value, people are willing to spend money and time to acquire it. But to convert it into tangible wealth still takes the...

Excellent article. Thank you.

WASHINGTON (AP) -- The Obama administration's pay czar said Friday that he did not try to recoup $1.6 billion in lavish compensation to top executives at bailed-out banks because he wanted to protect the banks from possible lawsuits. Kenneth Feinberg said 17 banks receiving taxpayer money...

A wise Australian once told me, You have to leave a few scraps for the dingoes or they will eat your baby.

It's based on a questionnaire form I had developed for me by an interdepartmental task force of senior members from the psychology dep't of Johns Hopkins, mathematics dep't of Carnegie-Mellon, political science dep't of Harvard, and philosophy dep't of Stanford. Upon meeting someone new, I...

hehe this is teh internets. He who takes himself too seriously, loses.

What are they doing right?

It's the domestic ones that worry me..

This needs more love. When the world no longer transacts in dollars, we are in for a real shit storm. Like it or not, USD is the current lifeblood of the world right now. We print traincars full of dollars and the world thinks "w00t! Now there's more dollars that I can get!" When the...

Well, blame me for the thread derail: I used to agree with this. But then I realized that I grew up drinking fluoridated water right out of the garden hose, my mom gave me fluoride toothpaste to use as soon I was old enough to hold a toothbrush (none of this candy-flavored fluoride-free...

I had this typed in a PM, but then I thought Hell I'm not embarrassed: Hey dude, thanks for understanding where I was coming from in that syntax advice thread. That guy posts like a young kid. Might be old in years, but young in forum posts. lol Rare is the forum poster anywhere who...

As a follow up- I made a compromise with myself and asked for 10% over their offer so I could prove to myself that I am still moving forward in my career. They accepted and I start next week. Not a small consideration in my decision to take the job was Bernanke's dismal outlook for the...

Like the frog in a slowly heated pot of water won't jump out, it happens over time. It will start out only affecting the moneyed, yeah let's tax 'em on their gold! Then before long, we will have to notify the IRS every time we get a filling. Think that's hyperbole? In 1913, the top tax...

Tax the rich; they will have less money to hire people; the gov't will have more money to hire people; people will not want to derail their livelihood so they will tend to give the gov't more power so they can keep their jobs. Rich people get rich and stay rich because they can deploy capital...

Naz is up 2.5%, we don't have to! lol

I did not mean my comment in a "why should we bother to help you" way, I meant it in a "how are we supposed to offer advice if we can't see the whole thing and guide the process" kind of way. Also, syntax advice falls exactly into coding style. I guess I did misinterpret your question "Or...

Well, that was worse than I thought. Still time to blame the Republicans by November.

Like video game reviews and financial instrument ratings, this report will be somewhere from 8 through 10, on "scale" of 1-10. 8 - things are a little rocky now, but we are already seeing the greenshoots of a strong recovery 9 - things are recovering faster than projected, and we should all...