Word: factly
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...founder of the Corporate Library, a research firm that tracks corporate-governance issues. "We need to launch substantive financial reform rather than weighing the faults of one firm versus another." Minow's point is this: spend too much time on Goldman and you miss the fact of how broadly the financial system and the regulations that are supposed to keep profiteers in check failed us. And she's right...
...make us think we are scoring good deals. They make you think that you're special because you've been able to score this deal. But you need to think, really: Why are you so smart that you're not paying the so-called full price? And in fact you need to look carefully, because many times you are. (See how Americans are spending...
...gotten a good deal when it's marked down. No one ever pays full price for a mattress. There's actually been a lot of litigation around mattress prices because they set those reference prices very high to make you think that you're getting a good deal. In fact, often a department store will put one mattress on so-called "sale" and raise the prices of the other mattresses so it makes it seem that that mattress is cheap. The only mattress they really expect to sell is that mattress on sale...
Conservatives claim California is a high tax state. In fact, California's taxes are similar to other high-tech, industrial states. According to the non-partisan Legislative Analyst Office and the Tax Foundation, California has comparatively high sales taxes and rates for corporate income, but very low property taxes. State income taxes are very progressive, with a large proportion of revenue comes from households earning more than $100,000, as well as from taxes on stock options and capital gains. Low-income households, meanwhile, face lower tax rates that in most other states. This tax system, says Steve Peace, director...
...Iraq's industry has gone to seed in the decades of war and sanctions, as well as the expulsion of foreign oil companies by Saddam Hussein in 1972. But its potential remains massive, especially when compared with the dwindling reserves of the North Sea, the fact that most Middle Eastern fields are already being pumped, and that new deposits elsewhere offshore and in the Arctic are remote and expensive to develop...