Archive for May 9th, 2008

Filed under: , , , , ,

I hate sitting by the phone, so to speak, but my mail carrier came and went today and there’s no sign of my economic stimulus check.

I was a loud and bitchy critic of the economic stimulus plan from the begin. It always seemed more politics than fiscal responsibility (but then when was this Republican administration ever about smaller government and fiscal prudence?). What’s $600 going to do for the average debt-burdened consumer? Buy a month of groceries? Notch down one credit card? Yeah, I rolled my eyes and ranted and raved.

And then I figured out that I would be getting $1,800. That’s $1,200 for being married and filing jointly, and $300 for each kid. My husband and I looked at each other sheepishly. Then we launched into the Happy Happy, Joy Joy dance.

According to the IRS, I should be receiving this windfall no later than this day, Might 9. This, I gleaned from the site, because of the last two digits of my Social Security number, the fact that I filed electronically in March and had my return direct deposited into my account.

And so we waited. “You’ll probably see it earlier,” my husband told me. “There were news reports that the first wave of people got theirs earlier in the week than expected.” He then optimistically did his part for the economy by spending his half on a new laptop, since his old one had just died.

“President Bush thanks you for being a good American” I sneered. Then I went out last weekend and let myself get carried away at the mall, spending $160 on clothes I wouldn’t otherwise have spent, all because I knew my economic stimulus check was coming the next week to cover me.

But where is the money? As a freelance writer, I’m used to the proverbial “check is in the mail” waiting game. But I also know that radio silence is cause for suspicion. So this morning I went back to the IRS site, and clicked on its tool, “Where’s my stimulus payment?” I plugged in my information.

I don’t anticipate much when it comes to forthcoming government information. But hope springs eternal. Alas, up pops this message: Not any information on this taxpayer.”

Then I notice this cryptic note, “If filing or preparation fees were deducted from your 2007 refund, or you received a rapid refund, you will be receiving a check instead of a direct deposit.”

So…the $30 electronic filing fee I paid Turbo Tax means I won’t be getting my money today? That’s the first I’d heard of that stipulation. I check the paper check payment schedule.

June 20.

I feel a little like a jilted date. He stated he’d call and he didn’t. Really, I should know better by now. Monies promised should never be anticipated or waited on. And I’m feeling a little foolish because hey, I thought this was a bad idea to begin with. That didn’t stop me from quickly spending more than was in my budget though. I guess that makes me a “better” American than I thought I was.

So have you gotten your stimulus money yet? What are you doing with it. Really...

  • Ideas for spending your stimulus check:

%Gallery-20882%

Comments No Comments »

Filed under: , , , , , ,

It appears that the world of porn is getting more recognition from the private equity and venture capital industries. And, no, it isn’t that private equity executives and deal makers are spending more time looking at porn than they are on deals. (Well, maybe.) More importantly, a large investor in the space is winning awards and may be opening a floodgate of capital

AdultVest is a private equity venture that we covered on its launch earlier this year. The company concentrates exclusively on adult industry investments, mergers and acquisitions. So far, its initial numbers are pretty stellar.

It claims to have some $7.9 billion in “available capital” to invest in adult-themed businesses, and $286 million of that was raised “within the last 7 days.” It also claims to have 3,809 registered investors, with 53 of those coming in over the seven days. (This data is on their homepage.)

And AdultVest was just selected by Alternative Investment News as one of four funds nominated for the “Hedge Fund Launch of the Year” award. Last month, the company also announced it was acquiring iPorn.com.

Reading through their earnings release that Rick’s Cabaret International Inc. (NASDAQ: RICK) just gave earlier this day, you might be tempted to conclude that adult-related entertainment won’t be injured by a slowing economy. On the other hand, the incredibly poor current performance by Playboy Enterprises inc. (NYSE: PLA) might make you conclude that the gathering slowdown will injured this sector.

There are a number of reasons that the investment community is trying to get into and make money from porn. The most obvious one is that you are reading about it right here right now.

Comments No Comments »

Filed under: , , , ,

Linux Twitter clients

We’re always on the lookout for good desktop Twitter clients. Because while the microblogging service is kind of useful as a web-based tool for sharing your thoughts, desktop clients make Twitter feel more like an instant messaging platform that grants you to communicate with hundreds, even thousands of people at once.

While there are a couple of excellent Twitter clients for Windows and OS X, Linux users have had a more limited selection. A few months ago we looked at gTwitter, an application for reading and sending Tweets from your Linux desktop. While gTwitter will get the job done, it lacks some of the features we use the most, like URL shortening and the capability to reply to tweets from other users with the click of a button.

So we were pretty excited when we read about Twitux, another Twitter client designed for Linux. Installation couldn’t have been easier. We downloaded a deb file for Ubuntu, and our system automatically downloaded all the required dependencies and instlled Twtiux. And then we saw that it was nearly as basic as gTwitter. Twitux gives you more control over your timeline view, allowing you to see the public timeline, your friends timeline, your own timeline, direct messages, or replies. But if you want to send a reply or direct message you’ll have to do it manually. There’s no option to click on a friends’ name in the timeline and respond.

Fortunately, now that Adobe has released a version of their AIR platform for Linux, you can run popular AIR-based Twitter clients like Spaz and Twhirl, So while we’re still kind of hoping that someone will develop a full-featured Twitter client that runs natively in Linux, we’ll happily settle for the cross-platform Twhirl client. A new version of Twhirl was released this week with a few bug repairs and one major new feature: support for Friendfeed discussions.

Permalink

Comments No Comments »

CITIGROUP SHAKEUP - New York Post
Might 9, 2008 — Shareholders anticipating a major restructuring to emerge from Citigroup’s analyst and investor confab this day might be sorely disappointed. Despite heightened speculation among investors that CEO Vikram Pandit will use the occasion to

TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST - Forbes
NEW YORK (AP) - Assured Guaranty Ltd. swung to a first-quarter loss on higher reserves for shaky mortgage-backed bonds. Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the

SC First Bank Launches ‘VM Mobile Banking’ - Telecoms Korea
Standard Chartered First Bank announced the launch of VM mobile banking service that allows people to do their banking transactions by downloading programs without inserting chips into their mobile phones. VM stands for virtual machine. The service

Julius Baer Lures Super-Rich, States Deposits Up - CNBC
Switzerland’s third-biggest bank for the rich, Julius Baer , stated it has seen a rising flow of deposits this year — another likely signal the superwealthy are turning their backs on larger rival UBS . Earlier this week, UBS stated it would axe jobs in

Abu Dhabi bank buys 25 percent stake in Malaysia lender - San Diego Union-Tribune
KUALA LUMPUR, Malaysia – Abu Dhabi Commercial Bank on Thursday sealed a 3.88 billion ringgit ($1.2 billion) deal to buy a 25 percent stake in Malaysia’s fourth largest banking group, RHB Capital Berhad. The acquisition of the stake from the

Dresdner breakup could pave the way of banking shakeout - Summary - Earthtimes
Frankfurt - Germany’s “overbanked” banking sector could be facing another round of consolidation this year after the giant insurer Allianz SE announced plans Friday for breaking up its banking offshoot later this year. Detailing Allianz’s first

Gain Data on Offshore Life and Offshore Captive Insurance with the - Forbes
The five countries profiled in this report are quite different from each other, as the table below suggests. Jamaica and the Dominican Republic are similar to lower-income countries in other parts of the world that have a history of economic

AX MAY FALL NEXT WEEK AT BEAR STEARNS - New York Post
Might 9, 2008 — Investment bankers at Bear Stearns are expected to learn as early as next week whether they’ll keep their jobs or be axed, according to sources who’ve spoken to Bear’s co-head of investment banking, Jeff Urwin. As JPMorgan Chase moves

Sanders Morris Harris Group Reports First Quarter Loss of $0.08 Per - MSN MoneyCentral
HOUSTON, Might 9 /PRNewswire-FirstCall/ — Sanders Morris Harris Group Inc. SMHG this day announced a first quarter loss of $2.1 million, or $0.08 per diluted share, compared with earnings of $2.7 million, or $0.11 per diluted share, during the prior year

Citizens First Bancorp, Inc. Announces Quarterly Dividend - Forbes
Citizens First Bancorp, Inc., through its subsidiary Citizens First Savings Bank, currently serves its customers from 24 full service-banking centers in St. Clair, Sanilac, Huron, Lapeer, Macomb and Oakland counties and a loan production office

Comments No Comments »

Close
E-mail It