Wizbang: Money Archives

There Will be Blood

Posted by Jayson Javitz · Published: April 28, 2008 · Comments (8)

The Bakken shale formation in North Dakota holds up to 167 billion barrels of oil with over 1 percent being recoverable using current technologies. The new study released Monday said 2.1 billion barrels of oil presently are recoverable in North Dakota's portion of the shale formation, where oil-producing rock is... [Full Story]

Rating: 4.2/5 (14 votes cast)

Hillary: No more Mister Nice Guy

Posted by Jim Addison · Published: March 27, 2008 · Comments (5)

Barack Obama has raised more money from more donors than Hillary Clinton, but most of his donors are smaller, and only give money to him, not other Democratic candidates. Hillary is connected with the big money establishment of the Democratic Party, whose influence has been dispersed somewhat with changing campaign... [Full Story]

Rating: 4.3/5 (10 votes cast)

$42 million here, $42 million there

Posted by Bill Jempty · Published: March 8, 2008 · Comments (5)

and soon we're talking real money or rather how much the IRS will spend informing taxpayers about their tax rebate checks. From AP- WASHINGTON - At a cost of nearly $42 million, the IRS wants you to know: Your check is almost in the mail. The Internal Revenue Service is... [Full Story]

Rating: 3/5 (1 votes cast)

Gimme $3 on that 23 million to one shot

Posted by Bill Jempty · Published: February 26, 2008 · Comments (6)

When growing up I spent a great deal of time at horse races. I've seen standardbred(harness horse) races in NY, NJ, NH, FL, OH, PA, IN, IL, DE, MI, MD, and Ontario Canada. My father owned pacers and trotters off and on for 20 years between the 60's and 80's.... [Full Story]

Rating: 2.9/5 (8 votes cast)

The Knucklehead of the Day award

Posted by Bill Jempty · Published: February 9, 2008 · Comments (1)

Today's winner is The California Franchise Tax Board. They get the award for the following. Beware: A one-digit typo on a state tax return could cost the average California homeowner about $1,000. The error is on 2.4 million copies of Schedule CA of Form 540. That's where taxpayers pluck numbers... [Full Story]

Rating: 3.4/5 (7 votes cast)

How about a pole tax?

Posted by Bill Jempty · Published: January 5, 2008 · Comments (11)

A Pennsylvania State Senator is floating an interesting idea. HARRISBURG -- Allegheny County officials just slapped a 10 percent tax on the sale of alcoholic drinks in the county. Now, state Sen. Jane Orie is thinking about imposing a new 10 percent tax on "sexually oriented businesses,'' including escort services,... [Full Story]

Rating: 2.3/5 (15 votes cast)

Christmas Reading Round Up

Posted by Melissa Murphy · Published: December 25, 2007 · Comments (4)

Here's some Christmas reading for everyone. Hope ya'll have had a happy, safe, and merry Christmas. McCain's New Deal Your Christmas present from John McCain. Big (Government) Economic Fix. (Via US NEWS) Half Price Maybe she's had a bit too much eggnog? Hillary says if we elect her that oil... [Full Story]

Rating: 4.1/5 (10 votes cast)

Credit crisis explained - in song

Posted by Jim Addison · Published: December 17, 2007 · Comments (0)

I know Jayson Javitz has already explained the sub-prime mortgage market and its implications, but some readers complain he uses too many words. So, here is Merle Hazard with his musical tribute to the collapse of the secondary mortgage market, H.E.D.G.E: Via Instapundit.... [Full Story]

Rating: 2.8/5 (6 votes cast)

A gift? For ME? Thanks, have a job!

Posted by Jim Addison · Published: December 15, 2007 · Comments (3)

When a candidate for President "breaks out" from obscurity to viability, he often finds the accompanying spotlight to be double-edged. While he now enjoys media attention which often amounts to free advertising to stoke his momentum, the light also may shine into areas of his past he might prefer remain... [Full Story]

Rating: 4/5 (14 votes cast)

Preying For Help

Posted by Jay Tea · Published: December 7, 2007 · Comments (41)

I've been watching the whole subprime mortgage thing with a vaguely bemused eye -- I've never bought a house, so it's all fairly abstract to me. Listening to some people talk about it, though, has left me more confused than anything else. I've learned that the second-fastest way for me... [Full Story]

Rating: 4.5/5 (13 votes cast)

Diapered donors dodge delimited donations

Posted by Jim Addison · Published: October 23, 2007 · Comments (5)

Finally, a campaign scandal not just Hillary's! Underaged donors giving the maximum to Presidential campaigns is becoming a common way around campaign finance limits for candidates of both parties, reports Matthew Mosk of the Washington Post: Just how much campaign cash is coming from children is uncertain -- the FEC... [Full Story]

Rating: 4.2/5 (11 votes cast)

Ye Olde Gold Standard

Posted by Jim Addison · Published: October 18, 2007 · Comments (12)

One hears calls to return to "the gold standard" for currency periodically, but usually they arise during periods of high inflation and economic instability, not in times of strong, non-inflationary growth. The Presidential candidacy of Rep. Ron Paul, a staunch advocate of the gold standard, likely accounts for the most... [Full Story]

Rating: 4.5/5 (15 votes cast)

Millionaires Living in Public Housing

Posted by Paul · Published: September 30, 2007 · Comments (6)

It is hard to tell which is more incredible... The fact people are making almost a quarter million a year and still living in public housing or the conclusion the WaPo's Amy Gardner makes in this story. Some in Fairfax Public Housing Make Six Figures By Amy Gardner Washington Post... [Full Story]

Rating: 4.4/5 (16 votes cast)

"This is what happens when you lend money to poor people"

Posted by Jim Addison · Published: September 7, 2007 · Comments (19)

In the midst of the "subprime" mortgage "crisis," it pays to remember the biggest losers are the investors who put up their own money so poor people normally considered "un-creditworthy" could actually get a home mortgage. One of those fellows who found that "no good deed goes unpunished" was Michael... [Full Story]

Rating: 3.9/5 (15 votes cast)

Secularists Making More Inroads or The Mint Completely Off the Mark?

Posted by Kim Priestap · Published: November 27, 2006 · Comments (12)

The phrase "In God We Trust" is being relegated to the edge of the new 1$ coin. The Mint says it was moved to make more room for the George Washington's face on the front and Lady Liberty on the back. I would bet that George Washington would demand that... [Full Story]

Rating: 0/5 (0 votes cast)

Hezbollah Counterfeiting US Money?

Posted by Kim Priestap · Published: July 25, 2006 · Comments (10)

James Taranto at the Opinion Journal writes that a reader noticed something a little off in Richard Engel's report from Beirut, Lebanon. Richard Engel, the network's Beirut bureau chief, is reporting from southern Lebanon, and at 1:07 in the video, as he's saying, "In Sidon, we found part of the... [Full Story]

Rating: 0/5 (0 votes cast)

Congressional Tax Writers Use Accountants to Prepare Their Taxes

Posted by Kim Priestap · Published: April 17, 2006 · Comments (12)

What wimps. They don't even have the nerve to attempt to fill out and file their own taxes. When it comes to their own tax returns, many members of Congress who specialize in writing tax laws turn to professional preparers rather than completing the paperwork themselves. "It's onerous and everybody... [Full Story]

Rating: 0/5 (0 votes cast)

More on the two-bit racket

Posted by Jay Tea · Published: November 28, 2005 · Comments (17)

While filling in the latest quarter in my State Quarter Album, something odd struck me about the designs of a few of them. So, it's time for a pop quiz! 1) One state quarter can be considered a "double-headed coin." Which? 2) Which state quarter features two different presidents? 3)... [Full Story]

Rating: 0/5 (0 votes cast)

The world's greatest 2-bit racket

Posted by Jay Tea · Published: September 25, 2005 · Comments (27)

One of the most brilliant scams ever perpetrated has to be the 50 States Commemorative Quarters. It's amazing. The government spends three cents to make a quarter. Every single quarter in circulation is a twenty-five cent government obligation. Which means that every single quarter taken out of circulation and kept... [Full Story]

Rating: 0/5 (0 votes cast)

Money Archives

April 28, 2008

March 27, 2008

March 8, 2008

February 26, 2008

February 9, 2008

January 5, 2008

December 25, 2007

December 17, 2007

December 15, 2007

December 7, 2007

October 23, 2007

October 18, 2007

September 30, 2007

September 7, 2007

November 27, 2006

July 25, 2006

April 17, 2006

November 28, 2005

September 25, 2005

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