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#Post#: 14256--------------------------------------------------
Re: All Things Money
By: Mac Date: November 28, 2012, 9:10 pm
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THAT will never happen. In fact the opposite, if we are going to
talk about physical currency. The idea of carrying around a ton
of coins is far more unattractive than paper money in so many
ways.
Actually I'm surprised at how physical currency still is sooooo
much used. There is nothing about it I like. I have a couple of
twentyfold stashed only for the remote need. Coins just bug the
living crap outta me. Supply and demand. If people are not going
to like it (demand), they are not going to use it.
#Post#: 14257--------------------------------------------------
Re: All Things Money
By: Chiprocks1 Date: November 28, 2012, 9:56 pm
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Well, they already tried replacing the Dollar Bill back in 2000
with that "Gold Dollar Coin". How did that work out? Exactly.
Coins just weigh too much as it is and it becomes cumbersome to
have it in a wallet and then trying to sit down wherever you may
be. I think most people just ended up hoarding them thinking it
would be "worth" something beyond it's initial face value.
#Post#: 15645--------------------------------------------------
Re: All Things Money
By: Mac Date: January 11, 2013, 11:35 am
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[glow=red,2,300]Bieber to promote prepaid debit card[/glow]
Holy mother of gawd, this sounds like a very bad idea...
[quote]If Justin Bieber endorses a product, will teens buy it or
convince their parents to get it for them? BillMyParents, a
financial services company focused on teens, is banking on it.
They’ve signed a deal with the pop star to endorse a new prepaid
debit card to his legions of loyal fans.
With 50 million Facebook fans and more than 32 million followers
on Twitter, Bieber has enormous marketing power. As a “brand
ambassador” for the SpendSmart card, the 18-year old performer
will promote the card via social media and develop a series of
videos that will promote responsible spending.[/quote]
Then go to the rest of the article that balances out ideas of
why is might work, but probably is not a good idea for parents
and kids
HTML http://lifeinc.today.com/_news/2013/01/10/16448005-baby-baby-baby-bieber-to-promote-prepaid-debit-card#comments
#Post#: 15647--------------------------------------------------
Re: All Things Money
By: Chiprocks1 Date: January 11, 2013, 11:42 am
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I don't think it will go very far. If these kids are signing up
for this and are under 18 years of age, they are going to need
the parents to cosign for them to activate whatever the account
or thing is and from what I would surmise, most parents will not
cosign knowing they will be held financially responsible for it.
Only way they go along with it is the parents are fans of his
and if that is the case, then those parents are already lost
from reality and deserve whatever bill comes their way.
#Post#: 15652--------------------------------------------------
Re: All Things Money
By: Mac Date: January 11, 2013, 11:51 am
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Yea, so far previous attempts haven't worked.
#Post#: 16728--------------------------------------------------
Re: All Things Money
By: Chiprocks1 Date: February 8, 2013, 7:49 pm
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[center]Man Says IRS Agent Coerced Sex Over Audit
HTML http://www.youtube.com/watch?v=qJ8eQMh3dVE
The ensuing discussion was indeed funny.
#Post#: 16736--------------------------------------------------
Re: All Things Money
By: Mac Date: February 9, 2013, 8:46 am
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That was funny. It's pretty interesting to see them talk out the
double standard... In front of a woman and everybody. We know it
exists, just people shy away from talking about it.
#Post#: 16971--------------------------------------------------
Re: All Things Money
By: Mac Date: February 15, 2013, 6:17 pm
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[glow=red,2,300]Elizabeth Warren Embarrasses Hapless Bank
Regulators At First Hearing (VIDEO) [/glow]
[quote]WASHINGTON -- Bank regulators got a sense Thursday of how
their lives will be slightly different now that Elizabeth Warren
sits on a Senate committee overseeing their agencies.
At her first Banking, Housing and Urban Affairs Committee
hearing, Warren questioned top regulators from the alphabet soup
that is the nation's financial regulatory structure: the FDIC,
SEC, OCC, CFPB, CFTC, Fed and Treasury.
The Democratic senator from Massachusetts had a straightforward
question for them: When was the last time you took a Wall Street
bank to trial? It was a harder question than it seemed.
"We do not have to bring people to trial," Thomas Curry, head of
the Office of the Comptroller of the Currency, assured Warren,
declaring that his agency had secured a large number of "consent
orders," or settlements.
"I appreciate that you say you don't have to bring them to
trial. My question is, when did you bring them to trial?" she
responded.
"We have not had to do it as a practical matter to achieve our
supervisory goals," Curry offered.
Warren turned to Elisse Walter, chair of the Securities and
Exchange Commission, who said that the agency weighs how much it
can extract from a bank without taking it to court against the
cost of going to trial.[/quote]
See Video Here...
HTML http://www.huffingtonpost.com/2013/02/14/elizabeth-warren-bank-regulators_n_2688998.html
#Post#: 17039--------------------------------------------------
Re: All Things Money
By: Chiprocks1 Date: February 17, 2013, 10:46 am
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Yeah, I caught this yesterday and it was awesome.
#Post#: 17116--------------------------------------------------
Re: All Things Money
By: Mac Date: February 19, 2013, 12:21 pm
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This really should be under WTF!!!
[glow=red,2,300]World's Most Exotic Rental Cars - slideshow
HTML http://www.executivetravelmagazine.com/slideshows/worlds-most-exotic-rental-cars/1[/glow]
[img]
HTML http://www.executivetravelmagazine.com/images/amexpub/0001/5470/201301-ss-most-luxurious-rental-cars-bugatti-veyron.jpg?1357157028[/img]
[quote]Bugatti Veyron 16.4
Holders Vehicle Contracts, London
When you’ve finally landed that big promotion and you’re feeling
like a million bucks, why not drive a million bucks by taking
the wheel of the most powerful (16-cylinder, 1,000-horsepower),
most expensive ($1.5 million, give or take a couple hundred
thousand bucks) and fastest (top speed: 254 mph) street-legal
ride on the road? You may not be able to open it up for full
bravado cruising over Westminster Bridge and past Big Ben, but
at least all the folks in the double-decker bus will know you
made it. From $26,470 per day.[/quote]
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