Archive for the ‘spending’ tag
Daily equity news
“Street Farmer,” - New York Times
Will Allen, a farmer of Bunyonesque proportions, ascended a berm of wood chips and brewer’s mash and gently probed it with a pitchfork. “Look at this,” he said, pleased with the treasure he unearthed. A writhing mass of red worms dangled from his tines. He bent over, raked another section with his fingers and palmed a few beauties.
An Urban Farmer Is Rewarded for His Dream (October 1, 2008) It was one of those April days in Wisconsin when the weather shifts abruptly from hot to cold, and Allen, dressed in a sleeveless hoodie — his daily uniform down to 20 degrees, below which he adds another sweatshirt — was exactly where he wanted to be. Show Allen a pile of soil, fully composted or still slimy with banana peels, and he’s compelled to scoop some into his melon-size hands. “Creating soil from waste is what I enjoy most,” he said. “Anyone can grow food.”
“For a Frugal Dieter, Weight Loss on a Sliding Scale,” - The New York Times
IF you’re one of the millions of people who are dieting right this minute, or even thinking about it, here’s some good news: you don’t have to throw a lot of money at the problem to see results. In fact, you may not have to spend much at all.
Every year consumers spend billions of dollars on supplements, diet foods, books and meal replacements. But the truth is that success depends not so much on what diet plan you choose or what program you join.
”Calls Grow to Increase Stimulus Spending,” - The Wall Street Journal
WASHINGTON — Vice President Joe Biden said the Obama administration “misread how bad the economy was” and didn’t foresee unemployment levels nearing double digits, in comments likely to intensify calls for the administration to do more to counter job losses.
Some economists are pressing the White House to enact a second round of stimulus spending or find some other way to avert a prolonged job and wage slump. But the White House is in a tough spot. Officials want to give the $787 billion stimulus package passed in February time to work — only 10% of the spending is out the door so far — and there is little appetite in Congress, particularly among Republicans, for spending more money at a time of record deficits.
This week’s updates on equity news.
“Poor? Pay Up,” - Associated Press
Having Little Money Often Means No Car, No Washing Machine, No Checking Account And No Break From Fees and High Prices
Prices in urban corner stores are almost always higher, economists say. And sometimes, prices in supermarkets in poorer neighborhoods are higher. Many of these stores charge more because the cost of doing business in some neighborhoods is higher. “First, they are probably paying more on goods because they don’t get the low wholesale price that bigger stores get,” says Bradley R. Schiller, a professor emeritus at American University and the author of “The Economics of Poverty and Discrimination.”
“Fresh food choices coming to West Oakland,” - Oakland Tribune
If James Bell ever doubted during the past three-plus years that the Mandela Foods Cooperative would become a reality, he wasn’t owning up to it Friday.
“I knew it would happen, I just couldn’t say when,” Bell said, pausing between carting in boxes of natural juices and setting up display shelves inside the soon-to-be-opened store on Seventh Street. “The reason I stuck around is I wanted it to happen.”
“Tracking Stimulus Spending May Not Be as Easy as Promised,” - Washington Post
Shortly after the economic stimulus bill was signed, Vice President Biden was talking up the administration’s Web site to track the spending, Recovery.gov, when he accidentally directed people to Recovery.org.
As slip-ups go, this one had an upside: Unlike the government site, the privately run Recovery.org is actually providing detailed information about how the $787 billion in stimulus money is being spent.