Not sure, but it sounds like some people are still upset about the genocidal maniac comparisons?
Crocs
Sayeth the restaurateur: “I would have to say that who has had the largest effect on the whole planet without us really paying attention across the board and everywhere is the entire banking industry and their disregard for the people that are supposed to be working for them [sic]….So the ways the bankers have kind of toppled the way money is distributed and taken most of it into their hands is as good as Stalin or Hitler and the evil guys…[T]heir evil has had a huge effect on the world.”
Update: According Batali, he was “misquoted,” and Forbes which stands by its story and says everything “is on tape,” should be ashamed of itself. Continue reading »
Have you not been getting your panties in a bunch over the potential expiration of the Bush tax cuts? Have you not been working yourself into a lather over how your life will be ruined– RUINED!!!– if what people are saying might go down does in fact go down? Maybe that’s just because you haven’t stopped to think about what you’re going to be losing. Bloomberg wants you to take this seriously so today they’ve brought out the big guns. Brace yourself, because this is going to hurt:
Wealthy Americans have the price of a BMW convertible riding on the outcome of the Congressional battle over tax cuts set to expire this year. A married New Yorker earning about $1 million in income, with an additional $50,000 in capital gains and $5,000 in dividends may pay about an extra $45,300 in federal income taxes, $2,500 in capital gains and $1,230 on dividends if Congress doesn’t extend the 2001 and 2003 tax reductions scheduled to end Dec. 31, says Alan Dlugash, a partner at Marks Paneth & Shron LLP, a New York-based accounting firm. That’s about a $50,000 hit, he said.

