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...with the estate's current net worth north of $200 million and likely to spew cash forever, the vultures will circle ever lower; expect the convergence of cash and carrion. The will is sure to be contested. However sad the child-molestation cases were, the battles over the Jackson fortune, and the allegations that are sure to surface, will be uglier still. (Read "Remembering Michael Jackson on Twitter...
...reserve, the proposal for a "super-sovereign" coin nudged down the greenback vs. a host of major currencies. That may have been a tad more impact than Zhou was seeking: with something like two-thirds of China's roughly $2 trillion of foreign-currency reserves held in dollars, the lower a buck goes, the less China's vast pot of cash is worth...
...Kate would wilt, leaning against the kitchen counter with a cup of coffee and seeming, for the twinkling of an eye, as though she were allowing herself to absorb the shock of it all. But then she would shake it off, plow forward, harass Jon into making himself a lower-calorie lunch and go back to wiping down the counters and giving orders. (See the top 10 skanky reality shows...
...people will move to Connecticut because of them, either. “Companies in New York have told us they are considering moving to Connecticut for lower taxes. We need to keep the state competitive,” said Sawyer. And there’s no guarantee the surcharge will be temporary. For the next two years, federal stimulus money will fund 17 percent of the deficit. Extra credit: What happens when that money disappears...
...Debicella, a Republican. Any estimate of the deficit's size, however, depends on your expectations. “We are operating on the assumption that in a couple of years the economy will come back,” Handley admited. In that case, legislators will be able to lower taxes. This assumption is reasonable, but risky. Higher taxes will scare businesses from Connecticut, slowing the recovery. And when the economy rebounds, stuffed coffers will tempt legislators to spend even more...