Word: upkeep
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...says it can recover $97.8 billion in "wasteful spending," partly through reductions in civil-servant-personnel costs and the upkeep of government offices, in order to realize its campaign promises over the next four years. Those promises include cash handouts to families with children, free high school education, free highways, a four-year freeze on consumption tax (now at 5%) and a curbing of bond issuances. The DPJ must deliver on its promises without increasing the level of deficit financing "to demonstrate that they're fiscally responsible," says Gerald Curtis, a Japanese-politics expert and professor at Columbia University...
...restaurant "tasting menu" checks, forfeited 1,000% markups for bottle service at clubs, neared my credit-card limit for hotel suites, paid usury to strip-club ATMs and pushed far too many chips to the dealer. On this trip, I will get a hotel room for less than the upkeep on the room, eat a meal for near what it costs to serve it and - at least according to a sign in the Cheetahs dressing room berating the strippers for undercharging - get some kind of deal in the VIP room. For the first time ever, it is possible to complete...
...include half ownership of music publisher Sony/ATV, worth $1 billion. His small remaining interest in Neverland could skyrocket in value; so will his personal items when sold. But his staggering debt, perhaps $500 million, reflects a lifetime of indulgence on antiques, houses, helicopters, more than $100 million in annual upkeep on the 2,500-acre (1,000 hectare) Neverland estate and the hosting of an army of parasitic hangers-on, pseudo advisers and business partners whose main concern did not seem to be him. Says a source with knowledge of Jackson's finances: "All these other guys tried...
Scanning the front pages of the Telegraph and rival newspapers he sells from his central London shop, Pankaj Mehta highlights another reason the expenses scandal hit Labour hardest. Reports of Conservative grandees submitting bills for the upkeep of mansions have reinforced the party's unfortunate image of entitlement and wealth, but the vision of Labour MPs subsidizing their lifestyles is more damaging still. New Labour defined itself as a party that encouraged wealth creation, that in the words of Peter Mandelson, Business Secretary and Brown's de facto deputy, was "intensely relaxed about people getting filthy rich." But it still...
...chain or branch store, chances are that store is not making a huge profit," says David Morris, Vice President of the Institute for Local Self-Reliance, a nonprofit economic research and development organization based in Minneapolis and Washington, D.C. "That means more goes into input costs-supplies and upkeep, printing, advertising, paying employees-which puts that money right back in the community...