Archive

Archive for October, 2009

More Music, Less War

October 31, 2009 Leave a comment

Click, listen…http://widgets.grooveshark.com/finished?widgetid=16393720

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Fun Drive, Safe Drive

October 31, 2009 Leave a comment

John Wooden’s “Pyramid of Success”

October 31, 2009 Leave a comment

Just One of Those Things by Louis Armstrong

October 31, 2009 Leave a comment

Thank you, Satchmo! And thank you, Cole Porter, who wrote the song.

Click, listen…http://widgets.grooveshark.com/finished?widgetid=16385138

Oldies but Goodies (80s & 90s)

October 31, 2009 Leave a comment

Californians paying extra taxes to their bankrupted state?

October 31, 2009 Leave a comment

http://www.latimes.com/business/la-fi-state-tax31-2009oct31,0,2028140.story?track=rss

“Savvy taxpayers can get around the state’s maneuver by increasing the number of personal withholding allowances they claim on their employer tax forms, said Brenda Voet, a spokeswoman for the state’s Franchise Tax Board.

‘People can get out of this,’ she said, noting that most people would have to change their allowances through their employers. California’s budget leaders are banking on the hope that most won’t.”

Banks holding onto bad bets…uh, I mean debts…uh, “loans”?

October 31, 2009 Leave a comment

http://online.wsj.com/article/SB125694507086819833.html

EXCERPT:

Federal bank regulators issued guidelines allowing banks to keep loans on their books as “performing” even if the value of the underlying properties have fallen below the loan amount.

The volume of troubled commercial real-estate loans is skyrocketing. Regulators said that the rules were designed to encourage banks to restructure problem commercial mortgages with borrowers rather than foreclose on them. But the move has prompted criticism that regulators are simply prolonging the financial crisis by not forcing borrowers and lenders to confront, rather than delay, inevitable problems.

The guidelines, released on Friday by agencies including the Federal Deposit Insurance Corp…