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Johnson & Johnson Message Board

notarethug 134 posts  |  Last Activity: 32 minutes ago Member since: Aug 19, 2006
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  • Pennsylvania's charter schools are rife with fraud and mismanagement, as anyone who reads local newspapers knows. But a new report from the Center for Popular Democracy, "Integrity in Education, and Action United" details just how big the problem is.
    Pennsylvania charter school enrollment and funding is growing rapidly and without adequate oversight, and according to the report, there's been at least $30 million in fraud by charter school officials since 1997. For instance:

    In 2012, the former CEO and founder of the New Media Technology Charter School in Philadelphia was sentenced to prison for stealing $522,000 in taxpayer money to prop up a restaurant, a health food store, and a private school. Media coverage of parent complaints of fiscale wrongdoing initially uncovered the fraud.

    Nicholas Tombetta, founder of the Pennsylvania Cyber Charter School, has been indicted for diverting $8 million of school funds for houses, a Florida condominium, and an airplane. In 2005, a former business associate of Tombetta surfaced allegations of fraud, which led to the investigation.

    Dorothy June Brown, founder of Laboratory, Ad Prima, Planet Abacus, and Agora Cyber charter schools, will be retried this year for allegedly defrauding the schools of $6.5 million and conspiring to conceal the fraud from 2007 to 2011. Two administrators plead guilty and testified against Brown in her first trial. In 2009, the Pennsylvania Department of Education conducted an audit of Agora after receiving complaints from parents of Agora students.

  • notarethug notarethug Oct 3, 2014 6:45 PM Flag

    During the worst parts of the Bush Recession, unemployment insurance benefits were extended for up to 99 weeks. At its peak reach, these benefits provided an income for roughly two-thirds of all unemployed workers. But as benefits were cut both at the state and federal levels and as unemployment for many dragged on for months and years after their benefits were exhausted, the share of jobless receiving benefits fell. By August 2014, only one of every four jobless Americans was receiving any unemployment insurance income, one of the lowest levels since 1987.

  • Reply to

    Anybody own a time share?

    by woodstocklives Oct 3, 2014 11:54 AM
    notarethug notarethug Oct 3, 2014 6:41 PM Flag

    Most timeshare owners lose money on the transaction. I owned a share at Marco Island for about 6 years, was lucky to recover my investment. Even a peak week (late April) found no renters in some years.

  • notarethug notarethug Oct 3, 2014 4:42 PM Flag

    The DC Swamp is already filled up with Rethugs. Why add more - we don't want to choke off the Obama Democratic economic miracle, do we?

    Unemployment down again, stock market near all time highs - what a difference from the Bush years!

  • Reply to

    Unemployment plunges to 5.9%

    by tigersnumberone962 Oct 3, 2014 8:47 AM
    notarethug notarethug Oct 3, 2014 4:27 PM Flag

    Remember the Obama Miracle in November - vote straight Democratic to avoid another Republican meltdown!

  • notarethug notarethug Oct 3, 2014 4:24 PM Flag

    Compare with the Bush/Republican economic disaster:

    

March 9, 2009: The Dow bottoms at 6,547.05, down 1.2%.

    Today - The Dow is over 17,000

  • Reply to

    Remembering the good Ole Days under W.... LOL...

    by kcf_07757 Oct 3, 2014 3:25 PM
    notarethug notarethug Oct 3, 2014 4:15 PM Flag

    Timeline for last stages of the 2007-2009 Bush economic meltdown:

    
Feb. 10, 2009: Stress tests and other conditions for TARP bailout funds weigh heavily on markets despite the Senate's passage of an $838 billion stimulus bill. The Dow closes at 7,888.88, down 4.6%.

    

Feb. 17, 2009: Obama signs the $787 billion American Recovery and Reinvestment Act into law. Oil prices continue to collapse, reaching $34.93 per barrel. GM and Chrysler report that their current bailout funding is inadequate and that they will need billions more to survive. The Dow closes at 7,552.60, down 3.8%.



    March 2, 2009: AIG reports that it has lost $62 billion in the fourth quarter, which is the largest quarterly loss in corporate history. The government agrees to an additional $30 billion bailout, bringing the amount of federal funds funneled into the foundering insurance giant to $162.5 billion. The government also announces that it will control up to 36% of Citi's stock. The Dow closes at 6,763.2, down 4.2%.

    

March 9, 2009: The Dow bottoms at 6,547.05, down 1.2%.

    Today - The Dow is over 17,000

  • notarethug notarethug Oct 3, 2014 2:28 PM Flag

    Bush economic meltdown timeline (continued):

    
Feb. 10, 2009: Stress tests and other conditions for TARP bailout funds weigh heavily on markets despite the Senate's passage of an $838 billion stimulus bill. The Dow closes at 7,888.88, down 4.6%.



    Feb. 17, 2009: Obama signs the $787 billion American Recovery and Reinvestment Act into law. Oil prices continue to collapse, reaching $34.93 per barrel. GM and Chrysler report that their current bailout funding is inadequate and that they will need billions more to survive. The Dow closes at 7,552.60, down 3.8%.



    March 2, 2009: AIG reports that it has lost $62 billion in the fourth quarter, which is the largest quarterly loss in corporate history. The government agrees to an additional $30 billion bailout, bringing the amount of federal funds funneled into the foundering insurance giant to $162.5 billion. The government also announces that it will control up to 36% of Citi's stock. The Dow closes at 6,763.2, down 4.2%.

    

March 9, 2009: The Dow bottoms at 6,547.05, down 1.2%.

    Today - The Dow is over 17,000

  • notarethug notarethug Oct 3, 2014 2:19 PM Flag

    Tmeline of the 2007-2009 collapse after December 2007:

    Jan. 17, 2008: The Philadelphia Fed's manufacturing survey falls to a six-year low, and Merrill Lynch reports a $9.8 billion quarterly loss, the worst in its history. The Dow closes at 12,159.21, down 2.5%.

    

Feb. 13, 2008: President George W. Bush signs a $170 billion stimulus package into law. The Dow closes at 12,552.24, up 1.4%.



    Feb. 29, 2008: American International Group (NYSE: AIG ) reports a surprise $5.3 billion quarterly loss due to bad credit default swaps. The Dow closes at 12,266.39, down 2.5%.

    

March 11, 2008: The Federal Reserve announces plans to lend up to $200 billion in an effort to combat tight credit markets. The Dow closes at 12,156.81, up 3.5%.



    March 14, 2008: Shares of Bear Stearns collapse 47% -- the largest one-day decline in its history -- on news that the New York Fed will provide JPMorgan with the liquidity necessary to stave off bankruptcy for another month. The median price of homes reported sold in February also fell by 8.2% -- the largest year-over-year decline on record. The Dow closes at 11,951.09, down 1.6%.



    April 1, 2008: The banking sector surges on news that several banks will be able to raise significant new capital. Citi rises 11%, Bank of America gains 8%, and JPMorgan rises more than 9%. The ISM manufacturing index also rose slightly from the previous month. The Dow closes at 12,654.36, up 3.2%.



    Jun. 6, 2008: Unemployment rises to 5.5%, the largest one-month increase in more than two decades. Oil prices spike $10.75 to close at $138.54 per barrel. The Dow closes at 12,209.81, down 3.1%.

  • notarethug notarethug Oct 3, 2014 2:06 PM Flag

    Don't kill the recovery - I'm voting straight Democratic!

  • Reply to

    you wingnut kooks do realize...

    by im_off_ignore Oct 3, 2014 1:19 PM
    notarethug notarethug Oct 3, 2014 2:04 PM Flag

    Exactly the same way now as in the Bush years.
    That doesn't stop the wingnut kooks from complaining about alleged bias that they are unable to explain in any rational way.

  • notarethug notarethug Sep 29, 2014 9:30 AM Flag

    Allison Grimes - nice looking alternative to Prune Face!

  • A mistake by the Republican Governors Association has revealed names of donors, the amounts they gave, and what they received for their gifts.

    The most elite group, known as the Statesmen, whose members donated $250,000, included Aetna; Coca-Cola; Exxon Mobil; Koch Companies Public Sector, the lobbying arm of the highly political Koch Industries; Microsoft; Pfizer; UnitedHealth Group; and Walmart. The $100,000 Cabinet level included Aflac, Blue Cross Blue Shield, Comcast, Hewlett-Packard, Novartis, Shell Oil, Verizon Communications and Walgreen.

    Other documents detail, in part, what they received in return.

  • A mistake by the Republican Governors Association has revealed names of donors, the amounts they gave, and what they received for their gifts.

    The most elite group, known as the Statesmen, whose members donated $250,000, included Aetna; Coca-Cola; Exxon Mobil; Koch Companies Public Sector, the lobbying arm of the highly political Koch Industries; Microsoft; Pfizer; UnitedHealth Group; and Walmart. The $100,000 Cabinet level included Aflac, Blue Cross Blue Shield, Comcast, Hewlett-Packard, Novartis, Shell Oil, Verizon Communications and Walgreen.

    Other documents detail, in part, what they received in return.

    One 2009 document states the benefits of a Governors Board membership, for a $50,000 annual contribution or a one-time donation of $100,000, saying it “offers the ability to bring their particular expertise to the political process while helping to support the Republican agenda.”

    Board members received two tickets to “an exclusive breakfast with the Republican governors and members of their staff”; three tickets to the Governors Forums Series, where “a group of 5-8 governors discuss the best policy practices from around the country on a particular topic”; and a D.C. Discussion Breakfast Series, among other events.

  • Reply to

    REAL UNEMPLOYMENT LESS THAN 2%

    by iamnotacon Sep 18, 2014 1:56 PM
    notarethug notarethug Sep 25, 2014 9:22 AM Flag

    But unemployment numbers are headed in the right direction.

    Thank you President Obama!

  • notarethug notarethug Sep 25, 2014 9:19 AM Flag

    Yes, I'm headed to Ross Park Mall today - clothing, shoes, and a quick meal all in one huge location!

  • Reply to

    REAL UNEMPLOYMENT LESS THAN 2%

    by iamnotacon Sep 18, 2014 1:56 PM
    notarethug notarethug Sep 18, 2014 3:01 PM Flag

    Inflation yes unemployment not, unfortunately.

  • notarethug notarethug Sep 18, 2014 2:59 PM Flag

    Yes, and yet the pest continues with another specious argument!

  • Reply to

    Obama Market up..

    by northvisitor34 Sep 18, 2014 12:27 PM
    notarethug notarethug Sep 18, 2014 2:54 PM Flag

    Thanks to President Obama for ignoring the failed nostrums of Republikan politicians.
    Republikans are the ilk who take Truvada prophylactically, then complain about high costs of health care.

  • notarethug notarethug Sep 18, 2014 12:30 PM Flag

    Pukes are such simpletons. Even the Puke congressional candidates receiving health care insurance through the exchanges refuse to admit that the ACA has improved their lives.

JNJ
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