Here’s how the Washington Post Company makes billions of dollars:
Veterans, single moms, and working parents are lured in by admissions counselors at Kaplan University Online (a for-profit college owned by the Post). Students use federal loans to sign up for classes that can be 14 times more expensive than a comparable community college class.
It’s basically a scam. Sixty-nine percent of students drop out. A third of students default on their loans, meaning taxpayers are stuck with the bill and the students have their credit destroyed — while Kaplan keeps all the money.
Facing criticism that the proposed VAT rise could damage high street spending, Chancellor George Osborne has announced plans to “sex up” the economy with a newly-designed one pound coin.
In a speech delivered to the House of Commons, he declared that the coin “symbolises the need for a sensual relationship with money, something we lost under the previous Labour government.” He went on to argue that consumers have “shrivelled in fear” during the recession, and that the new coin will promote “a renewed sense of pride.”
This classified CIA analysis from March, outlines possible PR-strategies to shore up public support in Germany and France for a continued war in Afghanistan. After the Dutch government fell on the issue of Dutch troops in Afghanistan last month, the CIA became worried that similar events could happen in the countries that post the third and fourth largest troop contingents to the ISAF-mission.
Authorities in Ahoskie, North Carolina dropped a disturbing bombshell yesterday with the news that they had charged two employees of People for the Ethical Treatment of Animals (PETA) with 31 felony counts of animal cruelty.
PETA’s Andrew Cook and Adria Hinkle were arrested late Wednesday night after police saw them dump bags containing seven dead puppies and 11 other dead animals in a grocery store’s dumpster. Their PETA-owned van, seized by police, contained another 13 animal bodies.
n. an excessive desire for material wealth
n. the process of becoming wealthy
Even after posting a $1.6 billion first quarter profit, Westpac was a melancholy bank shortly before 4pm today.
“Oh so very over it today,” Westpac announced to the world via its Twitter account.
The sullen tweet spread like wildfire and tugged at heart strings across the social networking site.
“Maybe you can go dive in a swimming pool full of my money to make you feel better,” said one concerned Tweeter in response.
“You’re a bank. You made a $1.6 billion first-quarter profit. Cheer up,” said another.
Rob points out a pricing quirk on an album he’s after, noting that the physical CD is considerably cheaper than the digital download.
A little freaked out, he writes:
Forget about Target… Amazon is even worse with their pricing (note: I LOVE Amazon and I’m sure this has to do with licensing but still…wtf!?!). I was looking to get the new OAR CD, “Rain or Shine.” I was going to buy the CD when I thought to myself, “Wait…I’ll just get the download instead,” since I’m impatient. Well the PHYSICAL CD is $13.99 but the digital (NOT PHYSICAL) album is $20.99! Less work for them and yet they charge more! Ahhh! Amazon…please don’t turn evil like everyone else!
Are you infuriated every time you open your cell phone bill? Livid when you buy a snack at the movies? These are nine of the rawest deals around.
Text messages – 6,500% markup
Text messages are short, quick and cheap to transmit. So why are they adding so much to your wireless bill?
The messages are such a tiny piece of data that they cost carriers only about one-third of a cent to deliver, according to computer scientist Srinivasan Keshav, who testified before U.S. senators on the issue last summer.
Theresa had a contract with Helio/Virgin Mobile that ended this month, putting her in a position to negotiate. She writes that by comparison shopping and politely asking for the customer retention department, she and her girlfriend were able to knock $35 per month off the bill for their family plan. Here’s how she did it.
Just thought I’d share a success story about the power of being a smart, polite, well-informed consumer!