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  1. ratto

    WSJ - Cities Consider Seizing Mortgages ?

    There is an article on WSJ today about cities are considering to seize mortgages using eminent domain power to prevent foreclosure which erodes their local tax revenue. Not sure how much impact this will have on the portfolios of already/to be FIRED should it become enacted. Shouldn't they be...
  2. ratto

    WSJ: Inside AT&T's Strike Boot Camp

    Has anyone read this article, AT&T Managers Garner Union Skills in Preparation for Strike - WSJ.com? It's about how AT&T's managers are getting contingency planning training for a possible strike on Sunday. I found the story quite amusing, and here are just a couple of excerpts. I'm wondering...
  3. ratto

    What could you do in this case?

    In today's WSJ, there is an opinion article from Professor Ronald McKinnon at Standford University. Basically, he proposes a new tax levied on personal wealth assets in addition to income tax. The arbitrary baseline figure he suggests is 3 mils and above (domestic and foreign all together)...
  4. ratto

    Genetically Modified (GM) Crops

    This morning I watched NHK about news of some small US farmers protest against GM crops and some other environmental issues in the Occupiers movement. I was a little shocked by hearing that in US, the percentages of corns and soy beans being GMed are 80% and 90%. I went to Wikipedia, and their...
  5. ratto

    Garbage Service + Composting

    My local garbage service company charges $79.95 per quarter for 1 garbage pickup/week and 1 recycle pickup/2 weeks. I have been composting for a few years with great success, and I would estimate at least 90% of our garbage, mainly fruit/vegetable peels, goes to our compost bin. So I only need...
  6. ratto

    Today's WSJ article about return of adult children

    I was particularly struck at the end of this article: Generation Jobless: The Toll on Parents When Kids Return Home - WSJ.com. "Once he's working full-time, he'll live at home for a year so he can begin repaying his $20,000 in college debt, say his parents, who plan to charge him $100 a month...
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