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Just before 1:30 p.m. Aug. 3, a frustrated President Obama gathered Gene B. Sperling and the economic team in the White House and told them to design a jobs package he could offer the American public.
Obama had spent much of the year locked in negotiations with Republicans over the national debt, with little to show for the effort but a sagging approval rating. He had wanted to argue publicly for ideas to create jobs, but hesitated in the midst of negotiations. Liberal critics reprised a familiar critique of the Obama White House: that it too often bows to political constraints and forfeits what’s right for what’s possible or easy.
The nation’s leading breast cancer advocacy group has gone into full damage-control mode.
Executives of the embattled Susan G. Komen for the Cure foundation held conference calls with affiliates Saturday to discuss a new strategy for working with supporters, a first step in rebuilding trust after last week’s public relations fiasco surrounding Komen’s off-then-on-again decision to fund Planned Parenthood.
While the punditocracy dives into the details and debates the vices and virtues of Mitt Romney’s and Newt Gingrich’s 2010 tax returns, we found a gold mine in tax savings for ordinary folks who will never need a Swiss bank account.
Taxpayers looking to maximize their charitable deductions and save on taxes can replicate a strategy Republican presidential candidate Mitt Romney uses.
By donating stock to a foundation, Romney and his wife, Ann, eliminated taxes on gains, received a deduction for the securities’ full market value and can donate the money to charities over several years, said Steven Bankler, a certified public accountant. Individuals can achieve similar results with a donor-advised fund for a “whole lot cheaper,” he said.
Newt Gingrich’s campaign remains roughly $600,000 in debt, two months after it reported deep debts and a long list of creditors, newly released campaign spending records show.
Fundraising by the former House speaker’s campaign has stepped up markedly since then and Gingrich just last month cut by half the $1.2 million owed in October 2010. Still, several outstanding creditors remain.
It’s called the Shrimp Boat restaurant and if you’ve ever driven out of Capitol Hill on East Capitol Street you’ve seen it sailing toward you — paint peeling, windows mostly shuttered and a seaweed green awning that looks like it could collapse at any moment.
One of the most interesting stories to come out of the Facebook IPO windfall is that of David Choe, the scrappy street artist who was given the choice of cash or stock for the murals he created in the company’s first headquarters.
The big idea: How can executives (or anyone) use what we know about process improvement to make their lives better — as well as improve the lives of everyone with whom they interact? Todd Pearson’s productivity transformation in his home, personal and work life is one in a series of Living Lean vignettes describing the holistic, real-world application of continuous process improvement principles.