The Importance of a good bar

Posted by Joseph Y. Calhoun, III

When the city of New Orleans began filling up with water shortly after Hurricane Katrina last year, bartender Marita Jaeger and her boyfriend decided to skip town. She called her boss, Johnny White’s Sports Pub owner JD Landrum, to see what he’d be doing with the place. At the time, Johnny White’s was something of [...]

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No inflation here, move along, nothing to see here…

Posted by Joseph Y. Calhoun, III

Soaring metals prices mean that the value of the metal in pennies and nickels exceeds the face value of the coins. Based on current metals prices, the value of the metal in a nickel is now 6.99 cents, while the penny’s metal is worth 1.12 cents, according to the U.S. Mint.
According to the government’s Consumer [...]

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Larry Summers

Posted by Joseph Y. Calhoun, III

Larry Summers got fired from his last job at Harvard for making some insensitive statements about the lack of women in the sciences. His latest gig is as a columnist for the Financial Times and my guess is that the FT is hoping he’ll place another foot in his mouth soon so they can send [...]

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High tax rates

Posted by Joseph Y. Calhoun, III

PARIS (Reuters) - French rocker Johnny Hallyday, one of France’s biggest showbusiness stars and a high profile supporter of presidential hopeful Nicolas Sarkozy, said on Thursday he was moving to Switzerland to escape French taxes.
“Like a lot of French people, I’m sick of what they make us pay in taxes,” the singer told Europe 1 [...]

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