Food For The Homeless, Free Beer, A Risky Plan And A Telling Sign
April 30, 2010 by Chip Wood
*Don’t feed this to the homeless. When a small church delivered a load of fried chicken that its members had spent hours making to the Bowery Mission in New York City, the folks running the feed-the-homeless program said “thank you very much”—then promptly threw it all away. Why? Because of a law the city passed back in 2008 banning everyone with a Health Department license from having trans fats in their food. That includes emergency food providers such as the Mission. More and more it seems the world is going crazy—and the inmates are running the show.
*These guys want their free beer. From Copenhagen, Denmark, comes news that workers at the local Carlsberg brewery have walked off their jobs to protest a new company policy restricting how much free beer they get. There used to be coolers stocked with beer throughout the plant; a worker could grab a brewski anytime he wanted. Now, free beer is available only during lunch hours in the company cafeteria. Some 800 workers walked off their jobs in protest.
*Sounds a little risky to me. A brokerage firm is running ads in The Wall Street Journal with the following pitch: Borrow from us at only 1.3 percent interest and buy stocks paying 5 percent in dividends. Not only that, you can borrow $5.6 for every $1 you have in your account (assuming you have at least $100,000 invested with them). The ads do warn that doing this “is only for sophisticated investors with high risk tolerance.” Thanks for the warning, guys.
*The sign of the week. This one was seen at a tax day protest in Manhattan on April 15: There were two columns of numbers; the one on the left was headed “Govt Takes” and had six different taxes listed below, totaling 69.825 percent. The one on the right was headed “U Keep” and had only one number underneath: 30.175 percent. Talk about a picture worth a thousand words.