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Monday's Agenda, Jan. 28

Perks for Fort Pierce Utilities Authority Board members add up to $84 ...

FORT PIERCE Benefits members of the Fort Pierce Utilities Authority Board receive add up to some of the most generous perks in the city and state for service to a public utilities board.

Each director of the five-member board that meets twice per month and is paid for up to 10 hours every two weeks gets:

Topics: The Tampa Tribune

This morning, several thousand Hillsborough County voters will be heading to new polling locations after the Supervisor of Election's Office moved ...

High-altitude balloons offer scientists a cost-efficient way to study the sunWinston-Salem Journal 1/29/2008 12:25:09 AM

Who needs an expensive rocket when you can ride high on a cheap balloon?. . That's the attitude of scientists who recently finished a landmark test ...

Tribune parent calls hedge fund's move 'hostile'Tampa Bay Business Journal 1/28/2008 5:01:10 PM

Media General Inc. is fighting a move from a hedge fund to elect three of its people to the company's board of directors. . . Harbinger Capital ...

Hedge Fund Seeks Board Seats At New York TimesWall Street Journal 1/28/2008 7:49:02 AM

An investment firm is trying to get its own nominees elected to the board of the New York Times Co.

Redeeming the Dismal Science

The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own."—Gordon Gekko to Bud Fox (Wall Street, 1987, directed by Oliver Stone)This is an important book about a vast and important subject—economics—which, except for hermits and recluses living in the wilderness, affects just about everyone, every single day, in more ways than most people realize. Understanding economics—or rather, to be more precise, the political economy, a term I amplify later— is critical to any person wishing to make sense of the world, and essential to choosing rationally how to position oneself on the political map.It's obvious that if you really understand what's going on in society, and your place in it, especially the larger issues and behaviors that define what a healthy and truly democratic society is all about, you're not likely to vote against your own interest—shoot yourself in the foot, so to speak— nor give your allegiance to criminals and scoundrels in the political class, nor act in a boorish or wantonly selfish manner injurious to the majority of your fellows.

Every School Every Thursday -- Urbandale

Classes to help students with test preparation for the ACT will be available at Urbandale High School through the Parks and Recreation department. ACT preparation is scheduled Wednesdays and Thursdays through Dec. 6 in Room 702. There are three afternoon/evening times to choose from. Please contact Urbandale Parks and Recreation at 278-3963 for registration or more information.

Freshmen are participating in a career unit this month. This week and next week, freshmen teachers are taking students on a college trip, visiting Iowa State, Drake University, DMACC and Grandview College. This Friday, community members will be coming to the school to speak about their careers.

Parent-teacher conferences will be from 4 to 8:15 p.m. today and Monday.

Sophomores will have a class meeting to learn about class rings at 9:30 a.m.

Analysis: UK business falls out of love with Labour

Many of our members put their lives into building up their businesses and expect to sell them to finance their retirement," says John Wright, national chairman of the Federation of Small Businesses and owner of a training consultancy in north-east England. “They are now faced with an 80 per cent increase in capital gains tax. Imagine an ordinary person drawing some of his pension and being asked for another 80 per cent in tax. It's totally unfair."

The government's initial response to such protests was to say that the change met their frequently expressed demand for tax simplification. Business leaders do, indeed, like tax simplification, but they did not like the fact that the reform would raise an extra £900m a year for the Treasury. Even after last week's concession, it will still rake in an extra £700m – a lot of it from entrepreneurs.

Hong Kong Hit By China Delay

The news saw Hong Kong shares fall sharply with the benchmark Hang Seng index ending down 5%, its biggest fall since September 12, 2001. It was down 3% in the morning session and kept on falling. Other Asian markets were also weak.The Hang Seng fell below the 30,000 level for the first time since October 26 and finished under the 29,000 mark.Despite the Shanghai debut of PetroChina at record levels, the market lost ground, around 2.5% after the Chinese government revealed changed rules for mutual funds.Hong Kong's stock market had climbed over 40% since August 20, when China's State Administration of Foreign Exchange first announced the so-called "through train" program, climbing above the 30,000 point level for the first time.China's currency regulator said on August 20 Chinese investors in the northern Tianjin city's Binhai economic zone would be allowed to invest in Hong Kong stocks with a Bank of China account.

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