Posts by Tim Sprinkle

  • JPMorgan scion slams Flint, Michigan in blog post ... Flint fights back

    The Exchange9 mths ago

    Times are tough in Flint, Mich.

    Unemployment in the struggling Rust Belt city north of Detroit currently stands at 16%, well above the national average of 7%, and about 40% of the local population lives below the poverty line. The metro area’s violent crime rate is a staggering 3,000 incidents per 100,000 residents, making Flint a regular on those lists of America’s “most miserable cities” and “most dangerous cities,” among others.

    But, despite its various problems, the residents of Flint still have their pride, which was on full display Monday after an article slamming their hometown as “America’s most apocalyptic, violent city” was posted to PolicyMic, a site devoted to news by and for millennials. The story was written by Laura Dimon, whose father is JPMorgan Chase CEO Jamie Dimon.

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  • What Have I Done? Baby Boomers Reveal Their Deepest Financial Regrets

    Tim Sprinkle at The Exchange10 mths ago

    Yahoo editors have selected this article as a favorite of 2013. It first ran on Yahoo Finance on June 24 and was one of the most popular stories of the year. The article contains some poignant stories about real estate and other financial moves baby boomers wish they had made — and not made — when they were younger.

    Over 50, underfunded, and ill-prepared for retirement. Unfortunately, that’s an all-too-common scenario for the Baby Boomer generation – those born between 1946 and 1964 -- many of whom are still smarting from the economic downturn and are now looking back at their earlier financial choices with regret.

    Should they have bought that house at the height of the housing bubble? Should they have taken out that student loan? Should they have pursued a higher-paying career field?

    But doubts like these are just part of the new reality for today’s Boomers, says Stan Hinden, author of “How to Retire Happy” and a widely published columnist on retirement issues.

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  • Fast Food Mascots Weren’t Always Cute and Cuddly. Here’s Proof

    The Exchange10 mths ago

    Goodbye, Grimace.

    So long, Colonel Sanders.

    Hit the lights on your way out, Mayor McCheese.

    The age of the fast-food restaurant mascot is ending, as more and more chains move away from costumed characters to instead focus their marketing efforts on fresh ingredients and healthy menu options.

    McDonald’s dropped the McDonaldland gang – including Mayor McCheese, the Hamburglar and Grimace, among others – in 2003, and Burger King hasn’t used its King mascot in advertisements since 2011. Even the Taco Bell Chihuahua has been retired, last appearing in an ad for the Mexican food chain in 2000. KFC's Colonel Sanders was nowhere to be found when the chain unveiled its upmarket KFC eleven concept this summer.

    But the truth is, these fast food mascots and many others are all but unrecognizable today when compared to their original versions. For example, Ronald McDonald first appeared in 1963 with a food tray for a hat and a paper cup for a nose (and was played by future Today Show weatherman Willard Scott).

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