The state Supreme Court ruled Thursday that an Urbana hospital doesn't provide enough charitable services to qualify for a property tax exemption, a decision hospitals in Illinois worry could lead local governments to try to overturn other exemptions in a hunt for badly needed cash. National hospital groups said they, too, were reviewing the decision. Nonprofit hospitals around the country face similar tax challenges as critics accuse them of operating largely the same as for-profit hospitals.
This article relates to economics because these days, everybody is looking to get as much money from the gov as they can. Charitble donations and events are usually a good way to get tax refunds however i think the hospital is not getting theirs because the demand for refunds is high but the supply is low so they are not counting hospitals because the workers are paid. Hospitals provide alot of care aside from what they are paid for and they are one of the most important parts of our society. If it were up to me, hospitals would get whatever they please.
The bonuses, detailed in payroll data released to The Associated Press, are the latest evidence of the government's false sense of security during the go-go days of the financial boom. Just as bank executives got bonuses despite taking on dangerous amounts of risk, regulators got taxpayer-funded bonuses for doing "superior" work monitoring the banks.
The bonuses, released in response to a Freedom of Information Act request, were part of a reward program little known outside the government. Some government regulators got tens of thousands of dollars in perks, boosting their salaries by almost 25 percent. Often, though, rewards amounted to just a few hundred dollars for employees who came up with good ideas.
In this article, the main point is that people who were watching over these failing banks who were taking up ridiculus loans were getting bonuses, which i think is quite stupid. I mean, these banks are failing our countries economical system so their bosses get money? I think the money should go to the people who got screwed by the whole situation. This relates to what we are learning because we just went over the whole bank summary of why they are failing and it is included in this article.
A British company is betting there's a market in North America for a $200,000 sports car built with Formula One race technology, announcing Thursday that it will unveil the very expensive new toy late next year.
"Following any recession, there's a resurgence," said Ron Dennis, chairman of McLaren Automotive. "We intend to catch that wave."
This article debates the fact that people are more likely to buy when the economy is on its way to the top rather then already there. This relates to our class in turn because we just got done talking about the different stages of the economy and it talks about how with almost 10% of people that are unemployed, Britain thinks that they can sell super expensive cars in our country. I disagree with this article because people are still reluctant to buy 20,000 dollar cars so how are they ever going to pay for one that costs 10 times as much!
In February 2009, a Star Tribune report comparing prices paid by gold buyers identified the Gold Guys at the Mall of America as paying the highest prices. In November, I wrote that Wixon Jewelers in Bloomington paid the highest. That same month, KARE 11's report showed Uptown Pawn paying the highest.
Why so little consistency? Gold buyers paying the highest prices yesterday don't always pay the highest prices today. Prices can fluctuate when a retailer decides temporarily to match or beat a competitor's rate to see whether it brings in more business, said Paul Runze of Grove Coin. It's also possible that some dealers literally see the media coming. Just as reporters have a nose for news, some gold dealers can smell a reporter and offer higher values when they do.
This has to do with what we are learning in class because gold is what started it all. Back in the day when the gold was the form of money, it is how the banks started and came to be what they are today. Without the buying, selling, and finding of gold, banks and money would have never been started. Gold these days however is used just as a valuable item and its prices may vary from seller to seller so this article is telling us to research the buyers prices to get the most out of your gold.
