Tuesday, December 28, 2010

Making Money Fast






Daphne Guinness told New York she makes her own clothes, but never that she would make her own line. And why bother? She needs neither the money, exposure, attention, nor things to do, really, unlike other fashion-inclined celebrities. "I’ve got such a backlog of projects I want to do, and it is an undertaking," she told the magazine. Apparently, those include a film, she recently told Grazia Daily:





‘I often if not always customise my pieces, and I have several different people working on my sketches. It just depends where on the planet I happen to be. I can work a sewing machine but I am not fast so that I leave to others. I started doing this from the age of 5 as since I am tiny nothing fit.



...'I am making costumes for a film I am in the middle of shooting and I like to wear them in so I am comfortable. Anyway, a long and boring story, but I have probably made about 100 pieces. I have no production and they are figments of my imagination made real. Hope this helps - Daphne’



No further details on the film are provided, so it shall remain, much like Daphne, pretty mysterious. Grazia also dug up old footage from one of the best documentary fashion films ever, all about rich women who buy couture — including Daphne — and what they do with it. In Daphne's segment, she talks a little bit about how she customizes her clothes:





Also do enjoy our Video Look Book with her from last year, in which she talks about how the proportions in her God-knows-how-high heels have to be customized until they're just right:





One of the most discouraging things about the last two years was seeing swing voters in focus groups, when asked what President Obama's economic strategy was, repeat different versions of "Well, I know he said we needed to save the banks. Beyond that, I'm not sure." When Obama in his first State of the Union gave a vigorous defense of bailing out the banks, saying he knew it about as popular as a root canal, and saying "I get it", it was very memorable to voters. But when his predictions about what would happen when the banks were stabilized -- they would start making loans to businesses, and businesses would start hiring -- didn't happen, and instead the banks gave themselves record breaking bonuses, voters turned on Obama fast. In exit polls on Nov. 2nd, when asked who was most to blame for the bad economy, voters by a wide margin said Wall St. was most to blame, and the voters who said that went Republican by a 14-point margin.



Obviously, saving the banks hasn't been the President's only economic strategy. The stimulus bill, while too small, was an important job creator/saver. Saving the American auto industry was an incredibly important thing to do. Health care reform was in part a long term economic strategy. The infrastructure bank idea is a great potential job creator. Extending unemployment insurance helps keep money in the economy. And all the tax cutting going on is clearly meant to have some stimulative effect, although how much is highly debatable.



However, there have certainly been times where Secretary Geithner, who has been the main driver of the economic strategy, seems to think and act as if helping the big banks and helping the economy amount to the same thing. The tepid reaction to the foreclosure crisis has sure felt that way -- apparently we can't freeze foreclosures or do much to help homeowners because it might "endanger" the banks. In fact, I would argue the exact opposite: that our number one economic strategy right now should be to shift money from the big banks to the real economy, to Main Street businesses and workers and consumers. The big banks are hoarding extraordinary amounts of money, and they are clearly not investing it in job creating businesses. They are speculating with it, they are trading with it, they are investing in complicated financial instruments that do nothing to create jobs- in fact, they are sucking capital out of the real economy that might actually create jobs. These massive financial conglomerates have way too much concentrated wealth and market power, and that is weakening the rest of the economy.



This is one reason why, as I wrote a couple of times last week, it is so important to write down the mortgages of homeowners who are underwater. Taking that money out of the bankers' hands and putting it in the hands of the hard pressed middle class would do more to stimulate the economy than any other thing the President could do right now. This is also why the Federal Reserve's new proposed rule, out last week, on swipe fees is so good. It would generally limit swipe fees to 12 cents per transaction. Right now the average is 44 cents, and with most small businesses it's quite a bit higher. If this rule is upheld, this is money that will go straight from the big banks' profit margins into the main street economy -- all told, probably a $15 billion boost going back to retailers, restaurant owners, taxi cab drivers, and hopefully consumers. $15 billion going from Wall Street, speculative economy into the real economy is a nice lift right now. This is why I have been working with retail business leaders and consumer groups to support this new regulation.



Unfortunately, not all Democrats see it this way. Tom Carper and Mark Warner tried to head off the amendment that made this regulation happen in the Senate, and have been lobbying the Federal Reserve against a strong regulation on the subject ever since they lost the legislative fight. And Barney Frank, who is a great liberal on social issues but spends way too much time with bank lobbyists, was whining on Friday how unfair the proposed rule was to the poor bankers.



Barney, you got this one wrong. Democrats should not be looking out for the bankers, we should be looking for every single opportunity we can to drain the Wall St. swamp. The big banks are hoarding money. They have way too much market power, and when their profits expand, they put that money into the speculative economy rather than the real economy that manufactures goods, sells products and services, and creates jobs. When we take a dollar away from them, and put it into the real economy, there is actually a multiplier effect as people on Main Street spend or invest the money in real products. When mortgages get written down, it helps the real economy. When swipe fees on credit or debit card transactions get lessened, it helps the real economy. If we instituted a transactions tax on every trade made on Wall St, and put that money into a jobs program, that would help the real economy.



The big banks are hoarding our money. Our best economic program right now is to shift money from the banks, and put it into the hands of consumers who might actually buy products and businesses who might actually hire more workers.







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bench craft company scam

How Online <b>News</b> Evolved in 2010

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bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

How Online <b>News</b> Evolved in 2010

News is changing – quickly. The way it's researched, the way it's reported and the way we access it are all evolving rapidly. 2010 could well be remembered as a key year in the history of online news. Here are the key reasons why. ...

&#39;You lie!&#39; Clarence Page calls Fox <b>News</b> Channel&#39;s &#39;fair and <b>...</b>

Chicago Tribune takes a dig at the cable news channel for the second year in a row.

The Best of 2010&#39;s Animals in the <b>News</b>

2010 produced many weird, far-out, bizarre photos of people. But let's not forget all of the animals that made headlines over the past 12 months: from a rhino cow, penguin santas and lip-syncing monkey, we offer some of the best.


bench craft company scam

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