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...over a year ago. In that way, the $700 billion bailout works just like any social security or welfare scheme, by passing costs on to the shoulders of every American taxpayer. This bailout adds roughly $2,000 to the U.S. national debt per capita, rather than letting markets correct household prices and take down more flagship American investment banks. So today is just like...

Author: By Pierpaolo Barbieri | Title: The Bubble Doom | 9/21/2008 | See Source »

...richest city in the world.” But measured by personal net earnings, New York did not even make the global top ten last year. Did Mr. Serrano mean to make a more modest U.S.-limited comparison, perhaps? A 2005 Forbes rating by the highest median household income reveals that neither New York nor Los Angeles are among the ten richest cities, even in the United States...

Author: By Jan Zilinsky | Title: Truth on a Diet | 9/21/2008 | See Source »

...Roxanna thought, the Viscount’s current sadness seemed beyond her. The last time he and his wife had had an actual conversation was upon their arrival at the ship that would take them to Italy.“I presume that you have taken care of all household matters,” the Viscount had said, climbing the gangplank of the vessel as Roxanna huffed behind him with the Viscountess’ bags.“I did. And I presume that you have spoken to the tenants and... other servants,” the Viscountess replied. There...

Author: By Lesley R. Winters, CRIMSON STAFF WRITER | Title: The Stable Boy | 9/19/2008 | See Source »

...Louis Borloo, Minister for the Environment, said France will begin taxing nonrecyclable cutlery and plates to entice consumers to buy more eco-friendly products. The so-called picnic tax of 58 per lb. ($1.29 per kg), part of an effort to curtail waste, may be extended to cover other household items like washing machines, refrigerators and televisions. The nation has a similar system in place for cars, whereby heavily polluting vehicles pay steeper taxes...

Author: /time Magazine | Title: The World | 9/18/2008 | See Source »

...past decade or so, Melmac has become popular again, with collectors and savvy eBay dealers selling Wright and Branchell pieces, and new designers using the material for retro-themed household items...

Author: /time Magazine | Title: Melamine | 9/17/2008 | See Source »

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