November 28, 2010
Who: Nicole Rasmussen, 38 Income: $79,200 a year, including spousal support Goals: Get help with household budgeting and retirement planning. Assets: $60,000 in retirement savings; $15,500 in savings accounts and stock holdings; $20,000 in a savings account shared with ex-husband Liabilities: $493,000 home loan; $60,000 home equity loan; $11,000 in credit card debt and a $7,500 car loan Recommendations: Sell home to get out from under expensive mortgage payment; focus on reducing credit card debt; consolidate retirement accounts and balance funds into a mixture of 60% stocks and 40% bonds.
July 28, 2012
Re "Cash-strapped? Not so much," Editorial, July 25 Let's get some perspective. Almost all financial scandals involve losing money, not finding it. Yes, the accounting system for the state Department of Parks and Recreation, which had about $54 million stashed away, needs to be fixed, something infinitely doable in this electronic age. Instead of regarding this as bad news, perhaps we should be congratulating the people whose discovery brought...
August 4, 2012
Re "Is Mars really worth the trip?," July 30 Your headline implies that the $2.5 billion spent on the Curiosity mission to Mars is just thrown away. In fact, NASA pays people (engineers, suppliers and many more), who then spend it on the goods and services that keep our economy strong. Joan Kraus Rancho Palos Verdes ALSO: Letters: Californians, we're hoarders Letters: Let the NRA give something back Letters: Targeting Obama conspiracy theories
December 14, 2009
Too Much Money A Novel Dominick Dunne Crown: 288 pp., $26
December 10, 2000
Regarding "Paying the Right Price for Foreign Pocket Money" (Travel Insider, Nov. 26): Writer Andrea Sachs' advice on foreign currency exchange rates presupposes that it is smart to start out a foreign trip with "a pocketful of pesos, pounds or francs." She tries to demonstrate differences in exchange rates with a few purchases of British pounds. Doesn't she know that one can buy British pounds at the airport on arrival in Britain at a much better rate? For U.S. companies to offer foreign currencies, they need to have on hand thousands of dollars' worth of at least a dozen different currencies, money that is not earning interest.
October 27, 2013
Re "Secretive groups fined a state record $16 million," Oct. 25 There they go again. Secretive political groups cite the U.S. Constitution to defend their shadowy solicitation of massive sums from anonymous, megabucks donors to fund campaign propaganda. The 1st Amendment's guarantee of freedom of expression, like the 2nd Amendment's right to bear arms, should be considered in light of late 18th century life. At the time, no one imagined modern assault weapons. Similarly, the modes of mass communication in the 1700s were town criers and primitive printing presses, and proponents of their messages were easily determined.
March 27, 2013 |
It looks like the trustees of the Museum of Contemporary Art have put their money where their mouths are. They have been talking about an ambitious plan to quadruple the roughly $23 million endowment to $100 million, and on Tuesday, they put out an announcement that they had obtained commitments in the last two weeks for enough money to get them to $60 million. That's a great start, and a quick one too. The Times' editorial board recently said we'd like to see MOCA remain independent if that's financially possible.