Write-Offs: 09.02.11
$$$ Economists React: ‘Disturbing’ Way to Start Labor Day Weekend (WSJ)
$$$Obama scraps smog rules opposed by business (AP)
$$$Goldman's report on the world ending (ZH)
$$$IMF Said to oppose push for Greek collateral (Bloomberg)
$$$How To Turn In Your Neighbors To The IRS (WSJ)
$$$T.I. back in federal custody after using luxury bus to report to halfway house (NYDN)
$$$That's it for us today. Have a great weekend and we'll see you Tuesday!
$$$BNP Paribas Post-It War (Guardian)
$$$“We did everything we were supposed to,” said Stephanie Morales, 23, who graduated from Dartmouth College in 2009 with hopes of working in the arts. Instead she ended up waiting tables at a Chart House restaurant in Weehawken, N.J., earning $2.17 an hour plus tips, to pay off her student loans. “What was the point of working so hard for 22 years if there was nothing out there?” said Ms. Morales, who is now a paralegal and plans on attending law school. Some of Ms. Morales’s classmates have found themselves on welfare. “You don’t expect someone who just spent four years in Ivy League schools to be on food stamps,” said Ms. Morales, who estimates that a half-dozen of her friends are on the Supplemental Nutrition Assistance Program. A few are even helping younger graduates figure out how to apply. “We are passing on these traditions on how to work in the adult world as working poor,” Ms. Morales said. (NYT)
