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  • ( ) Gift from calendar: spillover holidays

    If you're one of the lucky ones, your boss is providing at least one additional paid holiday besides Christmas and New Year's Day thanks to a calendar quirk: Dec. 24 and Dec. 31 fall on Mondays this year.

    Employers typically struggle with productivity issues during this time of year because so many workers take vacation between Christmas Eve and New Year's Day.

    . More>>

  • ( ) Airport screeners get no respect

    Light, professor of public policy at New York University, said he's not surprised that TSA and the IRS are tied for low public esteem.

    Yet he defended TSA as misunderstood, because it's highly visible yet can't brag about its successes. "It's an agency that's damned if it does, damned if it doesn't," Light said.

    TSA responds to every complaint it receives, said spokeswoman Ellen Howe, adding that each complaint is forwarded to the federal security director at the airport in question.

    In the cases AP reviewed, the most common response was a form letter, apologizing for inconveniences, often blaming the problem of long lines on the local airport and forwarding complaints about inappropriate patdowns to the airports where they occurred.

    In May, TSA improved the way it handles complaints and now has a more accurate and complete database for them, Howe said. More>>

  • ( ) It's poo shoes all around for investors

    Losing money on bad investments, I can understand. I have extensive experience in this area. I've made many bad investments over the years, often when markets are otherwise going up. Somehow, I've always been able to beat the odds and pick out the solid losers in a bull market. It's a gift, really, like stepping in the one cow pie in 40 acres of pasture.

    What I don't understand is losing money on someone else's bad investment. Consider, for example, these so-called sub-prime mortgages. These supposedly are the cause of the roller-coaster markets we've been riding these last few days. But I didn't invest in sub-prime mortgages. I didn't invest in any banks or financial institutions that invested in sub-prime mortgages. For once, I stepped around the cow pie. Most investors did. More>>

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