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So we need lobbyists and food producers and cola producers out of the schools. Here is an alarming fact- the current standards that govern whats served at all public and many private schools haven't been upsdated in 14 years. And the current standards don't even mention calories should be limited to 650-850 calories for lunch and 500-600 for breakfast. With the Institute of Medicine recommendations for more fruits and vegetables and healthy whole grain foods for school lunches comes cost its estimated that schools get $2.68 for the free lunches served to poor students, which cost $2.92 plus overhead and labor costs. The Obama administration is expected to add $1 billion but more is needed. Here s another place where money is needed at home that can be saved from expanding the war in South Asia-
So we need lobbyists and food producers and cola producers out of the schools. Here is an alarming fact- the current standards that govern whats served at all public and many private schools haven't been upsdated in 14 years. And the current standards don't even mention calories should be limited to 650-850 calories for lunch and 500-600 for breakfast. With the Institute of Medicine recommendations for more fruits and vegetables and healthy whole grain foods for school lunches comes cost its estimated that schools get $2.68 for the free lunches served to poor students, which cost $2.92 plus overhead and labor costs. The Obama administration is expected to add $1 billion but more is needed. Here s another place where money is needed at home that can be saved from expanding the war in South Asia-
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Chadwick Matlin's review of NYT's Ross Sorkin's book "Too Big To Fail," tells the story of Fuld's cockiness, overconfidence, whats the right word? He got into a fight with his ROTC officer as a student writes Sorkin in his new book. And there he is turning down offers from a Korean bank, Barclays and Bank of America - making the wrong decision each time- because he did not recognize the danger Lehman was in and had an inflated view of Lehman, helped by staffers. Perhaps says Matlin, encouraged by the people that he surrounded himself with. A anecdote in the book is cited that shows Fuld in New Delhi asking Treasury Secretary Paulson if he could get clearance from Russia for his flight to cut 5 hours of flying time, and Paulson telling him he couldn't get that for himself.
Chadwick Matlin's review of NYT's Ross Sorkin's book "Too Big To Fail," tells the story of Fuld's cockiness, overconfidence, whats the right word? He got into a fight with his ROTC officer as a student writes Sorkin in his new book. And there he is turning down offers from a Korean bank, Barclays and Bank of America - making the wrong decision each time- because he did not recognize the danger Lehman was in and had an inflated view of Lehman, helped by staffers. Perhaps says Matlin, encouraged by the people that he surrounded himself with. A anecdote in the book is cited that shows Fuld in New Delhi asking Treasury Secretary Paulson if he could get clearance from Russia for his flight to cut 5 hours of flying time, and Paulson telling him he couldn't get that for himself.
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prepaid credit cards are taking off. From $4 billion in 2007 to $8.7 billion in 2008. Especially with the young and college students, this is becoming increasingly popular way as an introduction to plastic. With the new credit card law making it difficult for anyone under 21 to get acredit card without an adult to cosign for him or her, this will become even more of the norm among college students and the young facing debts to be repaid.
prepaid credit cards are taking off. From $4 billion in 2007 to $8.7 billion in 2008. Especially with the young and college students, this is becoming increasingly popular way as an introduction to plastic. With the new credit card law making it difficult for anyone under 21 to get acredit card without an adult to cosign for him or her, this will become even more of the norm among college students and the young facing debts to be repaid.
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The Saudis fear a blowback from a military push by the US against the Taliban. Pakistan sees a push by the USA leading to Taliban concentrating in the Baluchistan part of Pakistan.
The Saudis fear a blowback from a military push by the US against the Taliban. Pakistan sees a push by the USA leading to Taliban concentrating in the Baluchistan part of Pakistan.
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The Fed gets tougher on "too big to fail" but how tough? Does it have the guts to go after this problem asks Peter Eavis. If he does Bernake would go down in history as a hero says Eavis. Meanwhile Fed Governor Tarullo clearly point to the utterly inconceivable fact that after a crisis of these proportions with large banks being bailed out, the remaining banks and financial institutions are larger than before the crisis. And the banking lobby has stalled regulation to control the problems in derivatives trading and other areas. Splitting up or downsizing the banks and separating their social function as deposit takers in the economy from their trading desks and investment activity, is being advocated by central bankers from Volcker to Mervyn King. See links.
The Fed gets tougher on "too big to fail" but how tough? Does it have the guts to go after this problem asks Peter Eavis. If he does Bernake would go down in history as a hero says Eavis. Meanwhile Fed Governor Tarullo clearly point to the utterly inconceivable fact that after a crisis of these proportions with large banks being bailed out, the remaining banks and financial institutions are larger than before the crisis. And the banking lobby has stalled regulation to control the problems in derivatives trading and other areas. Splitting up or downsizing the banks and separating their social function as deposit takers in the economy from their trading desks and investment activity, is being advocated by central bankers from Volcker to Mervyn King. See links.
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Apartment prices in HongKong are up 28% so far in 2009. THey are at their highest levels since the 1997 Aisna financial crisis. This occurs with rising unemployment and falling household incomes. It is fueled by low interest rates and cash rich investors from mainland China.
Apartment prices in HongKong are up 28% so far in 2009. THey are at their highest levels since the 1997 Aisna financial crisis. This occurs with rising unemployment and falling household incomes. It is fueled by low interest rates and cash rich investors from mainland China.
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The British economy has contracted for 6 consecutive quarters. Third quarter 2009 show a 5.2% decline over the same quarter of 2008, and a 0.4% decline over prior quarter.
The British economy has contracted for 6 consecutive quarters. Third quarter 2009 show a 5.2% decline over the same quarter of 2008, and a 0.4% decline over prior quarter.
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Goldman is no longer aprivate partnership. It is apublicly traded firm. Which publicky traded firm pays 50% of its profits as bonuses, asks Joe Nocera of the NYT. And which publicly traded firm can do so with the knowledge that the government would never let it fail. And he asks wasn't it the cheap money that Goldman had access to that was abig source of its large profits. And at the point when Goldman was allowed to become abank holding company along with Morgan Stanley were there no trepidations at Goldman that the firm might fail?
Goldman is no longer aprivate partnership. It is apublicly traded firm. Which publicky traded firm pays 50% of its profits as bonuses, asks Joe Nocera of the NYT. And which publicly traded firm can do so with the knowledge that the government would never let it fail. And he asks wasn't it the cheap money that Goldman had access to that was abig source of its large profits. And at the point when Goldman was allowed to become abank holding company along with Morgan Stanley were there no trepidations at Goldman that the firm might fail?
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