Now the Postal Service is robbing us

With the Postal Services claiming loses and dire stress with their money situation, its not surprising to find out more about where and how that money is flying out the window. The Postal Service has drawn criticism for $1.2 million home purchase of a home. Why am I not surprised?

http://www.cnn.com/2009/US/03/05/postal.service.relocation/

what is going on here?: Citi buys a $50 million jet with our money

What Chutzpah. We bail them out and they use our money not for what they are supposed to use it for. Instead they buy a $50 million jet!!! I can't wait to here their excuse about this one.
Citi Jet Purchase: $50 Million, 12-Seat Plane Despite $45 Billion Bailout
http://www.huffingtonpost.com/2009/01/26/citi-jet-purchase-50-mill_n_160807.html

Merrill Lynch & Co Thain seeking 2008 bonus of $10 million: report.what a pig!

Yet another CEO wants more money while other suffer or lose money. Is there no shame?


(Reuters) – Merrill Lynch & Co Chief Executive John Thain has suggested to directors that he get a 2008 bonus of as much as $10 million, but the battered company's compensation committee is resisting his request, the Wall Street Journal said, citing people familiar with the situation.

http://news.yahoo.com/s/nm/20081208/bs_nm/us_merrill_bonus

Ted Stevens who ramrodded the the Bridge to Nowhere in Alaska- is convicted!

This makes my day! Gruff (yeah right) humbug barking YES - the one who voted for and ramrodded the Bridge to Nowhere in Alaska just got his just dessert. Stevens is found guilty in Corruption Case
Friendly ( gruffy barking senator was
By MATT APUZZO and JESSE J. HOLLAND
http://news.aol.com/article/stevens-found-guilty-in-corruption-case/227428?icid=100214839x1212407608x1200718065

Missouri teacher retirement system head honcho Steve Yokum did not make enough with his $235,000 year salary so they give him a 7% raise. He also gets a car and gets reimbursed for his daily round trip to his home 72 miles back and forth. He also doles out free perks to management that get free parties $5,500 but is worse there is a bar tab taken too $1600. Add in pricey motel stays ($326 a night) . Audits are done once every three years and they are not detailed (?).

Not only is the Ionic Breeze a piece of garbage, it might kill you!

This device is just plain worthless but I bet people keep buying them because it sounds good . WRONG! read on

http://skeptico.blogs.com/skeptico/2005/04/ionic_breeze.html

April 11, 2005
Ionic Breeze

" I’d often wondered about those Ionic Breeze air purifiers sold by The Sharper Image. Apparently they work by ionizing (electrically charging) dirt particles in the air which are then attracted to the oppositely charged collection blades in the unit. The charged particles stick to the blades and can be just wiped off. This always seemed too good to be true to me. And according to Consumer Reports magazine, it is:
Sharper Image’s Ionic Breeze Quadra Silent Air Purifier and four other similar machines fail to significantly clean the air — but also release potentially unhealthy levels of ozone.
The article is being published two months after San Francisco-based Sharper Image agreed to pay the magazine’s publisher, Consumers Union, $525,000 in legal costs after a judge dismissed its libel suit. The failed lawsuit alleged that earlier magazine articles highly critical of the Ionic Breeze’s ability to reduce airborne particles were false and malicious.
Apparently the “air ionization” process creates ozone as a by-product. Sharper Image’s attorney hit back with this hilarious appeal to popularity:
It is astonishing that Consumers Union would continue its misguided efforts to attack the judgment and experience of millions of Americans who are satisfied with the performance of the Ionic Breeze products
(FYI, Sharper Image’s full response.)
So this is an air purifier that not only doesn’t purify the air, but actually releases dangerous levels of poisonous ozone. Perhaps it should be renamed the Ironic Breeze."

Feds cut interest rates but Banks don't have to

That made my blood boil. Banks can do whatever they want! Here's the lowdown from ABC news.
(1) See that little print at the bottom of statements and when you sign up?
(2) what it really says is the banks can change the rates at any time without telling you!
(3) The banks are doing this partially to make up for the money they are loosing because of the mortgage fraud fiasco.
(4) so what can you say - the banks are pigs!
http://abcnews.go.com/Business/IndustryInfo/wireStory?id=4207517

http://abcnews.go.com/Business/MarketTalk/story?id=3619763