Orlando, FL (PRWEB) October 3, 2006
In the latest issue of YOUNG MONEY
Some cool Your Money Issues images:
YOUR GOLD IS YOUR BUSINESS: KEEP THE GOVERNMENT AWAY FROM YOUR GOLD

Image by roberthuffstutter
Okay, I turned on Fox this morning for the first time in nearly three weeks. Within five minutes, I became annoyed, irritated and finally, downright angry. Why? According to the report I heard, the government now wants to get personally involved in the citizen’s gold collection. Gold is becoming more expensive; the investment value of gold, according to market reports, is increasing. And now, the government wants the citizen to report transactions of 0? What the hell is going on here? Will the government want to get involved in stamp collecting too? How about car collections? And from what I heard, gold is an issue that is covered in the healthcare program designed by our government. Who has the knowledge about this interference that will clear up or explain this issue?
An Investment for Every Purse – 2nd War Loan – They Give Their Lives – You Lend Your Money

Image by Wisconsin Historical Images
Treasury Design, unknown title and number. The poster features a waving blue flag with the words "2nd War Loan" printed on it in white.
For more information about this image, click here:
www.wisconsinhistory.org/whi/fullRecord.asp?id=66821
To browse a featured gallery of Gugler Lithographic World War II Mobilization Posters click here:
www.wisconsinhistory.org/whi/feature/gugler/
Did You Know?
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This image is issued by the Wisconsin Historical Society. Commercial use of the image requires written permission from the staff of the Division of Library-Archives. The image should not be significantly altered through conventional or electronic means. Images altered beyond standard cropping and resizing require further negotiation with a staff member. The user is responsible for all issues of copyright.
Check out these Your Money Issues images:
Imaginary Money Graveyard

Image by Eifachfilm Vacirca
Imaginary Money Graveyard by d-oo-b.cc
A graveyard for all this money that died end of the year 2008.
Beware of the zombie bills they might take all your money.
The movie:
d-oo-b.cc/ImaginearyMoneyGraveyard.mov
uqbar-mediaartculture.ning.com/video/video/show?id=224051…
marcominghetti.nova100.ilsole24ore.com/2009/02/imaginary-…
The secondlife Landmark:
slurl.com/secondlife/Switzerland/78/162/34
Read the news paper article here:
only in german but nice foto of eif and jazz
www.kunstnet.ch/doob/displayimage.php?pos=-2748
Tv documentary movie:
Short movie incinemas rigth now:
(subtitled in 11 languages)
video.google.com/videoplay?docid=-1797618522240273307
The fotos and more:
www.kunstnet.ch/doob/displayimage.php?pos=-2743
www.youtube.com/watch?v=9PRNnOjGOq4
www.kunstnet.de/werk/115874-imaginary-money-graveyard/
eifachfilm.ch/bm/detail.php?c=1&i=436f3a9fa66e647ad0a…
flickr.com/photos/arcorosca/sets/72157608868260247/show/w…
www.flickr.com/photos/roxelo/3020310910
A graveyard for all this money that died end of the year 2008.
Beware of the zombie bills they might take all your money.
Europe was caught out by the financial crisis and did not see recession looming, the head of the Eurogroup of nations conceded today, amid estimates that the EU has plunged into a downturn. OCt 08
‘Recession awaits us, and we didn’t think that recession lay in waiting,’ euro zone chairman Jean-Claude Juncker told members of the European Parliament in Brussels. Oct 08
‘We were badly mistaken with the different sequences of this crisis,’ said Juncker, who is also the premier and finance minister of Luxembourg. Oct 08
The European Commission in early November 2008 warned that the worst financial crisis for generations has driven the EU economy into recession and that economic growth would come close to a standstill next year.
"Increasingly, the signs point to a deep and synchronised global recession that began last quarter and has gathered momentum," said Bruce Kasman, an economist at JPMorgan Chase in New York. November 08
The eurozone’s second-biggest economy will grow by just 0.2-0.5 percent next year instead of the 1 percent previously predicted, Economy and Finance Minister Christine Lagarde told the Senate.
The minister said the growth forecast for next year 2009 was “the lowest ever by a government in France” but that it was realistic.
“The international economic outlook has deteriorated much more than was expected, which will impact growth in Switzerland over the next several quarters,” the Swiss National Bank said in a statement in October 08
The sharp falls came after the Dow Jones index slid 5.05 percent on Wall Street November 7th 08 as investors braced for a gloomy economic ride after the euphoria of Obama’s election victory faded.
“Now that the event is over, investors are sobering up and looking at the economic gloom,” said Mizuho Investors Securities broker Masatoshi Sato.
Billionaire philanthropist George Soros conceded in OCtober 08 that US influence was waning: "It has already declined. For the past 25 years, we have been running a constant current account deficit. The Chinese and the oil-producing countries have been running a surplus. We have consumed more than we produced. While we have run up debt, they have acquired wealth with their savings. Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and US government bonds into real assets."
Japan
By James Kirkup and Julian Ryall in Tokyo
Last Updated: 4:00PM BST 16 Oct 2008
Telegraph.co.uk
"To cope with the current crisis, further steps may be needed," Mr Aso told members of the Japanese parliament. "However, I still believe this package will be effective to a certain degree."
Mr Aso’s budget package will be mean direct financial support for farmers and fishermen paying higher fuel bills, and for Japanese consumers.
The emergency budget is part of a wider 11.7-trillion-yen package announced in August.
The Bank of Japan also made another 300 billion-yen of emergency loans to Japanese banks, hoping to unblock the Tokyo money markets. The central bank has been offering extra liquidity on an almost daily basis for a month.
euro
Author: ČTK
www.ceskenoviny.cz/news/index_view.php?id=338324
Prague – The current situation on financial markets will affect the agenda of Czech EU presidency in the first half of 2009, deputy prime minister for EU affairs Alexandr Vondra said.
The financial crisis has become a new priority of the European Union, Vondra said.
"When you are making preparations for a football match, you sometimes base your tactics more on offensive while another time you are more defensive. It is evident that in the economic situation in which Europe will be finding itself next year, emphasis will be rather placed on the protection and defence of what has already been attained," Vondra said.
Posted by Kevin Anderson Sunday October 12 2008 06.50 BST
Homelessness, the economic crisis and voting
Homelessness is on the rise in the US, and the newly homeless could find their votes challenged.
In Reno Nevada, joblessness has jumped 60% and a tent city of 170 people grew. Reno is trying to shut down the tent city and move people to newly opened shelters. CBS News has reported tent cities in Seattle, Portland, Fresno, Columbus, and Chattanooga. There are also reports of encampments in Seattle, San Diego, and Columbus, Ohio, Santa Barbara and Fresno California.
The wave of foreclosures, which in some areas of the country disproportionately affect black voters, could also come into play. The Republican Party of Macomb County Michigan, one of three counties that make up Detroit, is planning to use list of foreclosed homes to challenge people who try to vote using those addresses.
Republicans claim that they are trying to prevent voter fraud. Homeless and voting rights advocates are trying to make sure that people don’t lose their homes and their right to vote.
USA
As veteran curator of that realm of American national power upon which all others ultimately depend, Greenspan has inspired remarkable deference. He long ago tamed the legislature, to the point that, instead of exercising oversight over his tenure, Congress has ritually idolized rather than interrogated him. Greenspan’s aura has extended even to presidents of the United States. Bill Clinton went so far as to ask Greenspan in 2000 if he would like to be appointed to a fourth term as chairman, or whether he’d prefer to "go out now on top." The then 73-year-old replied: "Oh, no. This is the greatest job in the world. It’s like eating peanuts. You keep doing it, keep doing it, and you never get tired."
BY PETER HARTCHER
American Interests www.the-american-interest.com
Winter Issue
“Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief,” he told the House Committee on Oversight and Government Reform.
Mr. Greenspan conceded: “Yes, I’ve found a flaw. I don’t know how significant or permanent it is. But I’ve been very distressed by that fact.”
Mr. Greenspan said that he had publicly warned about the “underpricing of risk” in 2005 but that he had never expected the crisis that began to sweep the entire financial system in 2007.
“This crisis,” he told lawmakers, “has turned out to be much broader than anything I could have imagined. It has morphed from one gripped by liquidity restraints to one in which fears of insolvency are now paramount.”
NEW YORK TIMES (US)
Greenspan’s sins return to haunt us
By David Blake
Published: September 18 2008 18:39 | Last updated: September 18 2008 18:39
Back in 2002, when his reputation as “The Man Who Saved the World” was at its peak, Alan Greenspan, former chairman of the Federal Reserve, came to Britain to pick up his knighthood. His biggest fan, Gordon Brown, now the UK prime minister, had ensured that the citation said it was being awarded for promoting “economic stability”.
Even as things went completely wild, Mr Greenspan dismissed those who warned that a new bubble was emerging. It was just a case of a little “froth” in a few areas. Later, after waiting until 2007, two years after he left office, he conceded that “froth” had been his euphemism for “bubble”. “All the froth bubbles add up to an aggregate bubble,” he told the Financial Times……
Mr Greenspan realises that something big has happened and describes it as a “once in a hundred years” event. But then, you do not get Alan Greenspans coming along every day.
Finincial Times (UK) Copyright The Financial Times Limited 2008
Neoliberalism, White (Male) Privilege & the Current Financial Crisis
by Jessie on Sep 30, 2008 at 11:29 am
Make no mistake, all the available evidence suggests that the American political economy is headed for a major crash. Some are even speculating that this is the end of American economic dominance in the world’s financial market. But don’t be deceived by the blame-the-victim rationalizing that’s being floated now. Let’s be clear about what policies and which people are behind the current financial crisis: neoliberal policies and the overwhelmingly majority of economically privileged white men (photo from same link) who created, implemented and benefited from those policies.
Neoliberalism refers to a set of policies that encourage “less government” and unfettered (and unregulated) capitalism. The key elements of neoliberalism include: 1) the rule of the market, 2) reducing government expenditures on social services, 3) deregulation, 4) privatization, and 5) gutting the notion of “the public good.”
The end result of neoliberal policies is that while a handful of people get very, very rich, these policies simultaneously exacerbate the suffering of just about everyone else and increase domestic and international instability. So, what we’re seeing now is just the logical, perhaps inevitable, result of these policies.
Unlawful – But we are keeping your money

Image by Alan Stanton
══════════════════════
Last in a series of five photos on the controversy
about the yellow box junctions outside the Arriva
bus garage in Philip Lane N15.
◄ ◄ First │ ◄ Previous ││
══════════════════════
In summer 2008 Haringey Council asked for advice from a barrister on the
yellow box junctions controversy.
Councillors were not shown the barrister’s written advice. But on 12 June 2008, a meeting of Labour councillors was given an officer’s report which referred to and quoted from her advice. The barrister confirmed what the Council had known since March 2006 – the two yellow box junctions in Philip Lane were unlawful.
The officer’s report said that: "The Council’s position in resisting refunding was supported by this advice". We were told that the barrister considered the Penalty Charge Notices [ fines ] issued were not "void" but "voidable". This was because: "a notice is voidable if it is defective but will only be regarded as invalid and struck down if and when it is challenged."
The meeting on 12 June 2008 discussed the officer report and voted not to repay the money from fines on these unlawful boxes.
Between December 2005 and May 2006 Haringey Council issued 3,746 Penalty Charge Notices (PCNs). Of these 2,627 were paid and 1,119 written-off or cancelled. The total cash paid in fines for these two unlawful yellow box junctions was £168,170.
___________________________________
My Comment
Especially in a city, traffic penalties are a lucrative source of income for local government. But there’s a problem if a local council sets its budget assuming large amounts of cash from PCNs. Balancing the budget then depends on thousands of motorists getting caught for e.g. parking, speeding or yellow-box offences. In other words, local councils and bodies like Transport for London need drivers to break the rules and pay the charge..
Former councillor Ray Dodds and I consistently challenged this approach to traffic fines.
In our view, the aim should always be compliance. We want people to keep to the rules. If hundreds of thousands of pounds are consistently paid in fines from motorists, then the policies are failing. (Just as if there was a very high and continuing level of fines for drunk driving.) Success means getting as close as possible to zero fines – because people no longer break the speed limit; nor park where they shouldn’t; nor drive in bus lanes etc.
________________________
To read my earlier posts on this
topic click here: (1) (2) (3) (4) (5).

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The Money Mailbox is a new section at MoneyNing.com and growing in popularity. The Money Mailbox offers practical solutions to common financial concerns including questions about student loans, debt load, strained budgets, mortgages and other familiar money issues.
A recent Money Mailbox post addressed a common concern of which to do first: pay off debt and student loans or build an emergency fund. Ning answers the readers question thoughtfully and with the insight of one who has experienced similar struggles.
Visit http://moneyning.com/money-mailbox/saving-money-or-paying-off-your-debt-first-money-mailbox/ to learn more about the Money Mailbox. Or, to read the regularly updated MoneyNing blog go to: http://moneyning.com/.
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Discover Much more Your Cash Issues Articles
Some cool Your Money Issues images:
WAR AGAINST SMOKING BANS GATHERS SUPPORT

Image by roberthuffstutter
GET AN OVERALL VIEW ON THOSE WHO WANT TO TELL YOU WHAT YOU CAN DO AND CAN’T DO IF YOU ARE 18 OR OLDER:
www.bing.com/search?q=WAR+AGAINST+SMOKING+HEALTH+TV+CHANN…
ELECTRONIC SCRAPBOOKING IMAGE NUMBER ONE BY HUFFSTUTTER

Image by roberthuffstutter
For the past ten years, scrapbooking has become increasingly popular; as each year passed, innovative individuals have taken what started at Dorothy Smith’s kitchen table and turned it into a billion dollar industry, an industry that sprang out of an emotional mood experienced by Dorothy and taken to the bank by women with financial goals and marketing skills that surpassed genius. Today, this "hearts and flowers" hobby has far surpassed that old female pastime of arranging and rearranging straw flowers amid gaggles of cutsy geese, a hobby most men tolerate for only so long before taking flight from the home for temporary escape from the flocks of quakers and pretty little hearts, all of the trappings labeled as arts and crafts. Now, thanks to Dorothy Smith, all of these hormonal variances of mood, creativity, frustrated states of mind experienced by women of nearly all ages beyond 19, can get it together and keep it together in a scrapbook purchased from the "Scrapmart Department" of the world’s largest discount houses. For the ladies who will not or would not be seen at such a mass of humanity searching for tissue bargains, Barbi’s with tattoos in the small of their trim little plastic or vinyl small of the back anatomy parts, they will spend millions of dollars at privately-owned scrapbook specialty stores. Congratulations to the female gender for finding a pastime that is gaining more fans and attention every day. But what about the males who look longingly at this ever-so feminine activity? Will we simply burst into one of these little stores like a bull in a China store and tell blatant lies about wanting to buy our mothers-in-law something special like a SCRAPBOOKING KIT? Will we hide away in our workshops by the ban saw and fiddle with these bits of sentimental trappings. Yes, we can paste tickets to sporting events into certain areas; we can glue the currency bands that once kept our bonus hundred dollar bills tight and ready for a safety deposit box insertion. What about it? Before conventions to fun places like Las Vegas were poo-pooed by President Obama and some of his staff, we could have pasted almost anything but the pasties into our gruff and macho scrapebooks; we could have put matchbook covers into our collections before smoking became a sign of moral derelection and character weaknesses (I have a message for the non-smokers who insist on bans against smoking everywhere but one’s private toilet…it is a simple easy to read two word message!). Now in these economic times that are so terrible that even the news media is starving to death daily, will scrapbooking be the one thing that will save the nation, the one "hands-on event" that will keep our minds off of the economy?
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