Anorak

Money | Anorak - Part 71

Money Category

Money in the news and how you are going to pay and pay and pay

EU To Decide If It Can Make A Lake From Mead

mead.jpgJERRY Schooler is an award-winning English fruit wine maker, purveyor of silver birch wine, bramble liqueur and mead.

The Telegraph says Mr Schooler’s customers include “royal palaces and the National Trust”.

The paper also notes that Mr Schooler has been presented with a bill for £30,000 after the European Union ruled that he was using the wrong sized bottles.

Mr Schooler uses traditional 37.5cl bottles. The EU states that the bottles must measure 35cl.

But perhaps the most interesting thing is that officials are not sure whether to classify mead as wine or spirit. Anorak suggest classifying mead as “revolting”. But rules are rules.

We urge Mr Schooler to force the EU to rule on what mead is. And then solicit the support of cultural arbiter Jonathan Meades to carry the fight, and also create  slogan for mead, such as “I Feel The Need For Mead”, “Mead Is Murder For Thirst” and a cocktail called “Mead And Mild”, for your honey…

Posted: 25th, March 2008 | In: Broadsheets, Money, Politicians | Comments (2) | Follow the Comments on our RSS feed:RSS 2.0


The Telsa Purple Energy Shield And Keychain

SOVLE all your energy firled issue with the Telsa Purple Energy Shield:

IF you happen to have “energy field” problems (or if you’re just very gullible) you can buy the “Tesla Purple Energy Shield” from Life Technologies for only $199.95. But what does the device do? Well, the “Energy Shield” which is pictured to the left is apparently a cure-all device for “energy” problems. It’s shown up on a bunch of websites for the purpose of protection from cell phones and all kinds of other harmless devices.

Depleted Cranium sees a similar amulet for less…

Posted: 25th, March 2008 | In: Money, Strange But True | Comment | Follow the Comments on our RSS feed:RSS 2.0


Starbucks Spit In And Recylce ‘Our Coffee’ Into One Cup

starbucks-one-cup.jpgA SAN Diego judge has ruled that Starbucks has been illegally short-changing “baristas” by paying shift supervisors money from cafe tip jars.

Starbucks must now pay its California staff more than $100 million in back pay.

Says Starbucks spokeswoman Valerie O’Neil:

“Starbucks believes that our shift supervisors deserve their fair share of the tips that they receive from the tip jars in our California stores,” the statement said. ”This case was filed by a single former barista and, despite Starbucks request, the interests of the shift supervisors were not represented in this litigation.”

Starbucks arrived in the UK and told its customers to enjoy “our coffee”, as if they had lent it to for a small fee.

If you could return “out coffee” when done, spit it back in the free handy container, or cup, Starbucks baristas could repackage it and loan it on as a Latte, or wait until it passes through the system for a Honey Frappuccino…

“Two Girls One Cup, madam?” as they say in Starbucks (NSFW)

Posted: 22nd, March 2008 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Jeff Randall On The Futures Of Short Selling

futures_traders_chicago.jpgJEFF Randall tells his readers what a short sale is and how not to confuse one with a  future.

Put simply: I know that you want to buy 100 shares in Jayar Junk. The shares are trading at £10 each. We strike a deal at that price, and I promise to deliver them in one week’s time. At this point, I still don’t own any Jayar Junk. No matter, my buddies at the Rumour Mill are about to go to work.

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Posted: 21st, March 2008 | In: Broadsheets, Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


The Poem Of Tony Blair By The Bard Of Downing Street

tony-blair-poem.jpgWHO wrote Ode To Tony Blair? Ahem:

“At Downing Street upon the stair,

I met a man who wasn’t Blair,

He wasn’t Blair again today,

Oh how I wish he’d go away.”

Tory Shadow Business Secretary Alan Duancan says its Business Secretary John Hutton.

Not so, says Hutton: “I would write better poetry than that.”

This is John Hutton who can rhyme entreprenewer with sewer. So, perhaps, yes. Or no.

So who wrote the poem? And can you do better?

Picture: Poldraw

Posted: 19th, March 2008 | In: Money, Politicians | Comments (4) | Follow the Comments on our RSS feed:RSS 2.0


Ilja Gort And The Smell Of Money

iliagort.jpgTHE money markets are in turmoil. And that means problems for journalists, who are never the best at maths.

In the Times, Dutch wine producer Ilja Gort has insured his nose for 5million euros, or £4million

In the Guardian Mr Gort’s nose is priced at £3.9million. 

In the Mail, it’s drooped to £3.8million.

In the Express, Mr Gort’s hooter is worth just £3.5million.

“Every time I look in the mirror I feel rich,” says Mr Gort.

And so long as he doesn’t take any settlement in pounds, he should continue to feel fine…

Posted: 19th, March 2008 | In: Broadsheets, Money, Tabloids | Comment | Follow the Comments on our RSS feed:RSS 2.0


Gordon Brown Is Victor Kiam Channelling Gerald Ratner

courage-gordon-brown.jpg“GORDON Brown today gives Britain his personal guarantee he will save the nation from financial meltdown.”

The guarantee is not for all time, and a glance at the small print, and a look at the opinion polls, shows that it will be voided at the next general election. There is also no money back guarantee and if the economy breaks you cannot have a new one. 

This is Gordon Brown’s “special vow”. This Gordon Brown doing his impression of Victor Kiam when everyone else is sounding like Gerald Ratner.

He “urges the nation to put its faith in him”. If we all believe enough, we can make it. You just have to believe.

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Posted: 19th, March 2008 | In: Money, Politicians, Tabloids | Comments (5) | Follow the Comments on our RSS feed:RSS 2.0


Lady Heather Mills, The First Beatle, Goes Bea Class

heather-mills-money.pngFORMER Beatle Paul McCartney will give his ex-wife Lady Heather Mills, aka the First Beatle, a divorce settlement of £24.3 million.

Mills gets £16.5 million plus the assets she currently holds worth £7.8 million.

SAYS SHE ON HER CHILD’S ALLOWANCE: “But Beatrice only gets £35,000 pounds ($75,350) a year. And so she obviously is meant to travel B class while her father travels A class – but obviously I will pay for that.

“£35,000 pounds doesn’t include her (Beatrice’s) school fees. He wants her to fly five times a year on holiday – £32,000 for two people on return fares, it costs, so that’s obviously not meant to happen any more for her. It’s very sad.”

“Basically Paul has always wanted Beatrice to go to a… private school… It’s the school that Paul chose. So in that way he’s got everything that he wanted. But that’s what happens with powerful people.”

So says Lady Heather Mills, aka Eleanor Rigby, aka The First Beatle, aka Penny Lane…

Posted: 17th, March 2008 | In: Celebrities, Money | Comments (26) | Follow the Comments on our RSS feed:RSS 2.0


Heather Mills And The Sums Of Her Parts

heather-mills-leg.jpgLADY HEATHER MILLS is to get about £25million in her divorce from Paul McCartney.

The Sun says: “But it will still make one-legged Mucca one of Britain’s richest women – and gives her more than £6million for every year of their marriage.

The Express looks at the figures: “But a source closely connected to the case claimed she will receive roughly £4million for every year of the marriage.”

The Telegraph does some, sums: “The reported payout amounts to almost £4 million for every year that the Beatle was in a relationship with the former model.”

Such are the facts…

Posted: 15th, March 2008 | In: Celebrities, Money, Tabloids | Comments (5) | Follow the Comments on our RSS feed:RSS 2.0


Shaun Ryder’s Happy Monday For Darling’s Black Monday

happymondays-budget.jpgSHAUN Ryder giving his Budget verdict.

In “Alistair Darling what a tw*t”, Ryder, whose Happy Mondays band provided a 1980s antidote to Black Monday, tells fiscally minded Daily Sport readers:

Darling is “one of those people who hasn’t just got a face you want to punch, he’s got a name you want to punch as well.”

It’s a double whammy.

“I hate Chancellors…Ok, Tony Blair might have invaded Iraq and Afghanistan, been embroiled in the alleged cash for honours affirm and changed politics for spin. But Gordon Brown was that c*** who out 9p on a packet of fags.”

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Posted: 14th, March 2008 | In: Celebrities, Money, Politicians | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


What The Budget Means For You

grey-darling-budget.jpgWHAT does the Budget mean for you?

As ever, the review begins with the vital stuff, the manna of British life: booze up; fags up.

A pint of beer will be 4p more expensive. A bottle of wine will be 14p more expensive. A bottle of whiskey will be 55p more expensive. If you are a cocktails man, you will be 73p-a-drink worse off.

And the ciggies. A packet of 20 cigarettes will rise by 11p.

The Government does not enjoy taxing smokers, taking their money. It wants you to give up. Of course, if you do give up, you might spend your money on something else, say, chewing gum. In which case, chewing gum will rocket in price and become taxed. It costs a fortune to clean it off streets. What is needed is chewing gum zone, paid for out of chewing gum chewers’ taxes, and policed.

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Posted: 14th, March 2008 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0


Mod Cons And Labour Saving Devices On MPs’ John Lewis List

YOU cannot help but notice that David Cameron’s kitchen is not too shabby.

On his Webcameron, the kitchen has all the mod cons – which might make a good name for Dave’s rebranded party. (Note to the Tory marketing team – call me.)

Very soon all MPs will be setting up a camera in their kitchens. News is that MPs are now allowed to claim expenses of up to £10,000 for a new kitchen.

And they can kit it out. There is an additional £2,000 allowance for furniture and £750 for a TV or stereo. The one proviso is that they should own a second home. Or, failing that, they should invent one.

It all part of the so-called “John Lewis list” used by Commons officials to list maximum amounts for items.

MPs can claim items up to £23,000 per year.

That list in full:

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Posted: 13th, March 2008 | In: Money, Politicians | Comments (6) | Follow the Comments on our RSS feed:RSS 2.0


Ed Balls Says So What To Highest Taxes Ever

ed-balls-taxes.gifED Balls Says ‘So What’ To Highest Taxes Ever…

Via

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Posted: 13th, March 2008 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0


The Budget Hits Nissan Micra Drivers

CURLY says the Budget has hit Nissan Micra divers – it will cost £40 more to drive one…

Posted: 13th, March 2008 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0


A Budget Hangover From Norman Lamont

alistair-darling-budget-10.jpgTHOSE post-Budget front-page headlines and what they reveal about the papers and their readers:

THE TIMES: “The hangover Budget”.

A picture of Alistair ‘Knut’ Darling carrying a bag (plastic?) of booze. Those eyebrows. That light grey hair. The absence of a visible receipt for his haul of drink. It’s Norman Lamont returned.

The story is underscored by the Times, er, offer: “Eat out for £10.”

THE INDEPEDENT:” MR DARLING AND HIS BOX OF TRICKS.”

The image is or Darling holding his red box up over his face. All that remains of him in view are a body and a tuft of white hair. Is that a rabbit? Or Knut?

Picture: Poldraw

Posted: 13th, March 2008 | In: Broadsheets, Money, Politicians | Comments (3) | Follow the Comments on our RSS feed:RSS 2.0


Zimbabwe Currency By The Pound

ZIMBABWE: “A US $100 bill in Zimbabwe now buys 20kg (44 pounds) of local currency, as Zimbabwe’s currency tumbled to a record low of 25 million Zimbabwe dollars per USD. Zimbabwe has the world’s highest inflation rate of 100,000%.”

Got any spare change, guv’nor…

Posted: 13th, March 2008 | In: Money | Comments (3) | Follow the Comments on our RSS feed:RSS 2.0


Jimmy Wales Accused Of Editing Wikiepdia For Money

WIKIPEDIA is fact upon fact upon fact of opinion. People are touchy about what it says. Jimmy Wales set it up. and now:

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Posted: 12th, March 2008 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


North Rock: Simon Carr’s Entertaining Sketch

SAYS Simon Carr on Northern Rock: “The Sketch’s recommendation is the imprisonment and/or the impoverishment of the directors. At least the public would get some sort of entertainment for their money.”

Posted: 12th, March 2008 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Landlord Finds Home Turned Into Cannabis Farm

cannbis-farm.jpgSAYS the Mail: “Landlord finds £100,000 worth of cannabis plants in buy-to-let drug factory.”

John Leaver is at his detached three-bedroom property in Caerleon, South Wales. All fixtures and fittings are in the garage.

The lodgers are out. Says he. “We agreed a rent of £650 a month. The rent was paid into my bank account on time and there were no reports of any problems.”

The looks on the front doors have been changed. So Mr Leaver gets a ladder and climbs in through a skylight. “I opened a skylight and got inside. It was pitch black. There was a young Chinese-looking guy standing right in front of me on the landing. I was frightened, and he looked petrified.”

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Posted: 10th, March 2008 | In: Money, Tabloids | Comments (5) | Follow the Comments on our RSS feed:RSS 2.0


A Greener Budget To Appease Russia

“CLIMATE change may spark conflict with Russia, EU told,” announces the Guardian.
This front-page story appears alongside the report: “Darling plans Labour’s greenest budget yet.”

Can the two tales be linked? Is this green budget delivered with a nod to Russia?

Posted: 10th, March 2008 | In: Money, Politicians | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Gordon Brown’s New Still Tax

death-tax.jpg“FAMILIES’ £800 BILL JUST TO STAND STILL.”

The Mail’s front-page headline is grist to the mill of they who warned us against Gordon Brown’s love of stealth taxes.

The Queen’s guard at Buckingham Palace stand still. Are they exempt? Or is it one Still Tax for all?

And how still is still? Is the Government engaged in a giant game of Dead Lions, walking among us looking for signs of life to tax?

If you remain still, you must pay. If you remain too still you are most likely dead, which leads us to think that this new Still Tax is a likely replacement to Inheritance Tax. In which case, is the £800 a one-off payment, or is the Still Tax calculated each year, meaning that the longer you are dead the more you pay?

Reading on, the Mail says the Still Tax is brought on by the high cost of heating, petrol and mortgages. You might be better off dead.

But, then, they get you there as well…

Posted: 10th, March 2008 | In: Money, Politicians, Tabloids | Comment | Follow the Comments on our RSS feed:RSS 2.0


They Always Want the Writer To Work For Nothing

They Always Want the Writer To Work For Nothing – I’m thinking of having this tattooed on my tongue…

Shall we whoop or cry?

Posted: 7th, March 2008 | In: Money | Comment (1) | Follow the Comments on our RSS feed:RSS 2.0


Swedish Imperialism And Ikea Floors Danes

IN: “Ikea’s cheap lines upset the Danes”, the Telegraph reports:

Academics in Denmark have accused Ikea, the furniture chain, of “Swedish imperialism” for naming its cheaper products after Danish towns.

The researchers claim to have discovered a pattern where more expensive items, such as beds and chairs, have been named after Swedish, Finnish and Norwegian towns whereas doormats, draught excluders and runners are named after Danish places.

“The stuff that goes on the floor is about as low as it gets,” said Klaus Kjöller, of the University of Copenhagen, who described the phenomenon as “Swedish imperialism”.

Officials at Ikea’s headquarters in the district of Scania – which once belonged to Denmark – rejected the criticism. “It’s nonsense to say that we did this on purpose. It was a pure coincidence,” said Charlotte Lindgren.

Posted: 7th, March 2008 | In: Broadsheets, Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


Earning Money From BoingBoing, TechCrunch And Huffington Post

gawker-book.jpgPORTFOLIO asks: “Why on earth should it be more difficult to estimate potential revenues for a blog than it is for other forms of media? In the short term, most big blogs, like TechCrunch or BoingBoing or Huffington Post, know pretty much exactly what their revenues are going to be. And in the long term, no one knows anything in any medium.”

Says Gawker:

Gawker Media

Our publisher Nick Denton loves to point out that no major media company could buy Gawker and keep up the site’s outsider angle. Of course he wants you to believe Gawker does something special and to think of it as a competitor to decades-old media empires. But he’s not lying.When this network tried licensing stories to Yahoo News two years ago, the editors bitched about it (this was before he replaced them with inexperienced, unsure toadies like me), and the stories never did well. Gawker and Yahoo let the contract expire, and while Denton pretended it was because I kept maligning Yahoo execs on our Silicon Valley site Valleywag, it was really because no one was reading Gawker on Yahoo. Their audience just wasn’t interested.

Imagine you were running this show. Why sell it and either work under some executive who probably hates you for some five-year-old blog post, or struggle to start another business that becomes this influential? It’s easy to say Denton is in this for the money, but only if you’ve never seen the man revel in his own role. He doesn’t want to be rich, he wants to be Rupert Murdoch.

Anorak was on Yahoo! news for years. It never worked well. As for Denton – can you be a poor – non-rich – Rupert Murdoch?

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Posted: 6th, March 2008 | In: Money | Comment | Follow the Comments on our RSS feed:RSS 2.0


UK Libertarian Party

THE new UK Libertarian Party want to abolish income tax. Policy No.1…

Posted: 3rd, March 2008 | In: Money, Politicians | Comment | Follow the Comments on our RSS feed:RSS 2.0