From: The Marlborough Sewer Blog (This is a great event and it benefits a great cause, the Marlborough Food Bank, follow the link to sign up.). This year David asked for help getting the word out, the following is from his site. Halloween is just around the corner. Every year I’ve run my event,...
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Exposing the Student Loan Racket (Infographic) Student loan debt, now at $830 billion, has surpassed credit card debt—a statement not likely to have been heard 20 years ago. Student loans, unlike any other form of debt, CANNOT be forgiven via bankruptcy—these loans MUST be repaid. Is this the next bubble to burst? Personally I...
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Notice stocks are at the bottom.
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Judge for yourself. This is the actual language. Standard And Poors Report. Some highlights. That I think represent the tone and bring out the points the media as usual is missing. My take, S&P reduced the rating because: 1) Recent events in Washington have left S&P doubtful congress can act effectively to deal...
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On this date July 1st in 1916, 5,500 men of Ulster died in the Battle of Somme. One of them my Great Uncle Sergeant William Gordon went over the top that day never to return. Oral family tradition holds that all of Ulster went silent as the news broke, only the weeping behind drawn...
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By any measure this has been a hard and long recession, and many of us are not convinced it is over. Particularly worrisome is the millions of men who have dropped off the face of employment statistics. Men who have just disappeared. No statistic the Federal Government keeps tracks them. If they are working...
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Regional and State Employment and Unemployment Summary (BLS.gov) If you click on the graph to the right and expand or zoom in on Connecticut you can barely see a tiny bit of blue. That blue represents job growth since the MAX jobs lost point during the 2007 Recession as of this past May 2011. ...
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CNN Money Something I’ve said for years, the cost of shipping is considerable. Not to mention the cost of oversight of overseas facilities. ….He said when NCR looked at the cost of shipping products that weigh more than a ton each, as well as the need to have the plant close to the engineering staff...
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The number of minivans in the school parking lot was a giveaway. The budget passed 181 Yea, to 50 Nay (or something close to that). No drama, no questions. Just the check in and voting. This was the third budget vote and essentially the same budget tax increase and spending wise. The bottom line...
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Third try at pasing a town budget tonight at the school. Sign in is at 6:30 PM. Voting is expected at 7:00 PM. Will be a paper ballot.
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The U.S. Treasury has been dipping, or as it is also known “disinvesting”, into the G-fund and the Civil Service Retirement and Disability Fund (CSRDF). In a nutshell, since the debt ceiling breach in mid May, Tim Geithner has replaced one IOU (that of the Fed) with another (that of the Treasury) in the...
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From The Zillow Blog: Home values are still falling, but not as quickly as they were late last year. From March to April, the Zillow Home Value Index declined 0.77%, compared with a decline of 0.89% from November to December 2010. While that’s a positive sign, home values are still falling too rapidly for...
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The government long ago, (Jimmy Carter time frame) eliminated certain items from the official calculation of the rate of inflation. Specifically food and energy (gas). The graph below calculates inflation with the old formula with food and energy included and compares with the new and improved government approved inflation rate. The data speaks for...
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Do you find this funny? If so why? I have my theories.
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From the Shadow Stats Website: The seasonally-adjusted SGS Alternate Unemployment Rate reflects current unemployment reporting methodology adjusted for SGS-estimated long-term discouraged workers, who were defined out of official existence in 1994. That estimate is added to the BLS estimate of U-6 unemployment, which includes short-term discouraged workers. The U-3 unemployment rate is the monthly headline...
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Ct Taxes In The News
