9 Ekim 2012 Salı

Men's Guide to Style and Fashion: What's Hot and What's Not

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Guys, I'm probably old enough to be your mom, so what (you ask) do I know about mens fashion? Here's this: I shop for guys. I know guys clothes and cool clothing stores. Any guy can rock a look if he keeps in
 mind a few things: body style, coloring, hair and personality. Read more

Cheap Weddings--How We Paid Off Our Wedding Without Incurring Debt

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My husband and I are celebrating 25 years of wedded bliss this year. When we got married, we paid for the wedding, honeymoon and most of the reception ourselves. We came back from our honeymoon debt-free and I'm glad we did. Money woes are major relationship-killers. We have friends who were in divorce court before their wedding was paid off. Here are ways to avoid wedding debt.  How We Paid Off Our Wedding Without Incurring Debt

My Cheap Wedding Under $1,000 for Everything

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My husband and I paid for own wedding, reception and honeymoon. We had a cheap wedding, charged nothing and paid it off without going into debt. We paid under $1,000 for a 200-guest wedding, including wedding dress, accessories, tuxedo, invitations, stationary, flowers, decorations, church, music, minister stipend, rental equipment, hairstylist and pictures. Here's how.  My Cheap Wedding Under $1,000 for Everything

My Bit Fat Cheap Wedding Reception Under $800--200 Guests

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My husband and I paid for our own wedding and reception. We paid everything off in advance, incurred no debt and charged nothing. Our cheap wedding reception cost under $800 for 200 people, including food, cake, decorations, music, flowers, equipment and hall rental. This was 25 years ago, but I could still do it today and so can you. Just follow our frugal lead. My Cheap Wedding Reception Under $800 

Free School Supplies, Big Savings on Back to School Shopping

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I can't resist free stuff and dollar stretching opportunities. I not only want the most for my shopping buck, I want it to sit up and bark! That's why I love these back to school promotions from OfficeMax (click for details).  First, spend $150 and get a free $58 value 3-piece bag set. Enter promo code "FREEBAG" at checkout. Also, buy certain ful backpacks, daypacks and laptop backpacks--Tremor, Sweet Melissa, Heartbreaker-- on sale for $18.74-$29.99, and they come stuffed with free school supplies. Links below say $24.98, but backpacks have been price-reduced even farther, saving you 53%! Oh, and orders over $50 get free shipping. Already bought your kid's backpack? Buy another for next year. Or buy one to donate. Operation Christmas Child is gearing up for their annual shoe box giveaway event. You could donate to Toys for Tots or church giving trees. For more back to school cost cutter tips, read How a Mom of Four Saves 80 Percent on Back to School Shopping 

8 Ekim 2012 Pazartesi

Bankruptcy Could Shutter 13.5% of Illinois’ Power Generating Capacity

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Threemonths ago executives at Midwest Generation, operator of six coal fired electric power generating plants in Illinois, announced they were closing twoof the plants in Chicago, as part of an environmental deal to avoid expensivestack gas cleaning installations at the creaky old facilities at the Fisk andCrawford plants. Earlier this week the same executives said they may not beable to keep their other four Illinois coal fired plants open, as low naturalgas prices and resulting low rates for electricity threaten the company withbankruptcy.
Closingof the Fisk and Crawford plants as the company has agreed to do will put about180 employees out of work. The six Midwest Generation plants provideelectricity to power 5 million homes in the state, but the grid operator isobligated to keep supplying electricity to those customers even if all sixplants are shuttered. Nevertheless, closing all six plants would throw 1,000people out of work, and shut down 13.55 of the total power generation capacityin Illinois.
MidwestGeneration’s parent Edison International says it will not provide financialsupport for Midwest. If Midwest filed for bankruptcy, as it is threatening todo, its bondholders would have to decide whether to keep the remaining plantsin Romeoville, Joliet, Waukegan and Pekin open for business, by fundingenvironmental upgrades Midwest does not have the cash to pay for, sell them, ifa buyer could be found, or shut them down and abandon them. In any event,Midwest predicts it will default on a half billion dollar debt repayment duenext June.
Companyofficials are in negotiations to restructure $3.7 billion in unsecured debt inorder to avoid bankruptcy. Analysts predict Midwest’s cash flows will remainnegative until at least 2016 without a sharp upturn in utility rates. ParentEdison International’s profits are down 46% from a year ago.

Senate Finance Committee Wimps Out On Tax Reform

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Thursday’smeeting of the Senate Finance Committee was supposed to be this nation’s firststep toward comprehensive reform of the Internal Revenue Code, attacking a listof 75 different special interest tax incentives that don’t really have anythingat all to do with social policy – the usual justification for special interestbenefits conferred by Congress through tax code loopholes. Instead, it turnedout to be a clear demonstration of just how wimpy Senators can be when faced withtaking away tax benefits for their own constituents.
Hereare some of the specialized tax advantages that were on the agenda fortermination, but ended up being retained in future tax years: 1) accelerateddepreciation for capital improvements at NASCAR racetracks (wonder what thesocial policy behind that one could be?); 2) millions of dollars in rum taxrebates for Puerto Rico and the U. S. Virgin Islands (wonder which SenateFinance committee members drink daiquiris?); 3) economic development taxcredits for StarKist’s tuna cannery in American Samoa; 4) tax credits of $2,500for buyers of electric motorcycles and other low speed electric vehicles (theSenators did remove golf carts from the list of qualifying electric vehicles,though). Out of 75 special interest tax benefits on the termination agenda, theSenators could only agree that 20 were fit for elimination. Characterizingthese moves as “more than baby steps,” Finance Chairman Max Baucus crowed “I’mproud of what we’ve done as a committee.”
Othercommittee members were somewhat more truthful in their remarks defending thesmall number of special interest perks removed from the tax code in thecommittee report, which won’t even get a vote in either house until midSeptember, when the six week summer recess concludes. Michigan Senator DebbieStabenow candidly pleaded for the NASCAR accelerated depreciation as a jobsaver in her state: “Big tax reform is where we need to look at all this stuff,”she said. Meaning, let’s kick this can down the road until after the elections.Oklahoma Senator Tom Coburn was more candid. “Nobody wants to make the hardchoices around here,” he intoned.