Archive for February 22nd, 2012
Wednesday, February 22nd, 2012
PUNXSUTAWNEY, Pa. (WTW) — Now that the Pennsylvania lottery has scratched Gus the groundhog as its fictional pitchman, Punxsutawney Phil's status as top dog among groundhogs seems as secure as ever. Lottery officials said this week they were retiring Gus ...
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Wednesday, February 22nd, 2012
This year’s Index of Dependence on Government presented startling findings about the sharp increase of Americans who rely on the federal government for housing, food, income, student aid or other assistance.
Another eye-popping number was the percentage of Americans who don’t pay income taxes, which now accounts for nearly half of ...
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Wednesday, February 22nd, 2012
The Daily Caller has obtained documents, emails and communications showing how President Barack Obama’s Federal Communications Commission demolished wireless broadband company LightSquared’s competition through a pattern of regulatory decisions apparently aimed at establishing an “open-access” Internet in the United States.
The FCC successfully green-lighted LightSquared’s corporate formation in 2009 by allowing ...
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Wednesday, February 22nd, 2012
Things around the LightSquared offices have to be looking dim at this point. While the managers of the company continue to fight to get their proposed wireless 4G network approved, denials keep streaming in. LightSquared has announced that is having take rather drastic measures to save money and attempt to ...
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Wednesday, February 22nd, 2012
Excessive regulation of financial institutions is squeezing out middle-class consumers who soon will find themselves locked out of the banking system, analyst Meredith Whitney said Wednesday.
That trend already is beginning to manifest itself in terms of who is driving most consumer spending, Whitney, the president and founder of Meredith Whitney ...
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Wednesday, February 22nd, 2012
This evening, speaking at North Carolina Central University in Durham, North Carolina, White House senior adviser Valerie Jarrett said that folks getting and spending unemployment checks is a healthy thing . . . because it stimulates the economy:
"Even though we had a terrible economic crisis three years ago, throughout our ...
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Wednesday, February 22nd, 2012
The amount of income tax paid fell sharply last month in the first formal indication that the new 50p higher rate is not raising the expected amount of revenue.
The Treasury received £10.35 billion in income tax payments from those paying by self-assessment last month, a drop of £509 million ...
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Wednesday, February 22nd, 2012
President Obama's 2013 budget is the gift that keeps on giving—to government. One buried surprise is his proposal to triple the tax rate on corporate dividends, which believe it or not is higher than in his previous budgets.
Mr. Obama is proposing to raise the dividend tax rate to the higher ...
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Wednesday, February 22nd, 2012
Talk about pain at the pump! Some Florida drivers are spending nearly $6 a gallon to fill up their gas tanks.
According to GasBuddy.com, motorists are shelling out $5.89 for a gallon of regular gas at a Shell station in Lake Buena Vista, topping out at $5.99 a gallon for premium. ...
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Wednesday, February 22nd, 2012
The town is offering a lottery for five, two-bedroom town homes in the 55 and ... at 11 a.m. Applications are available on the town website at www.franklin.ma.us, or at the public library, senior center and municipal building. Applications are due to ...
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