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James Sunshine

Entries by James Sunshine

12 Worst Predictions About The U.S. Economy

(3070) Comments | Posted August 17, 2012 | 4:30 PM

Everyone is wrong sometimes. Even economists, politicians and pundits.

Predictions about the economy can often be confusing and contradictory. Is inflation going to spike or should we worry about deflation? Will President Obama's healthcare reform destroy the economy and insurance market? Will America default if it decides not to willingly...

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14 States Where Making Just $5,000 Can Get You Kicked Off Medicaid

(640) Comments | Posted August 17, 2012 | 11:15 AM

How much is too much for someone to be ineligible for Medicaid? In some states, adults earning as little as $5,000 can be kicked off the program.

Medicaid is a federal program designed to provide health coverage to children and adults with limited financial means and disabilities....

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Social Security Administration Requests 174,000 Bullets

(2233) Comments | Posted August 17, 2012 | 10:35 AM

Look out grandma. The people who cut your retirement check may be packing some heat.

The Social Security Administration recently posted a purchase request for 174,000 .357 Sig 125 grain bonded jacketed hollow point bullets. The SSA only employs 295 special agents with law enforcement authority,...

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Eight Products That Were Once Marketed As Something Else

(4) Comments | Posted August 16, 2012 | 1:50 PM

Is anyone today using Listerine as a cure for gonorrhea? With maybe one or two bizarre exceptions, the answer is no. But in the 19th century, the odds would have been much higher.

When it was originally marketed over 100 years ago, Listerine was sold as a treatment for gonorrhea,...

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15 Of The Most Bizarre Commercials Of All Time (VIDEO)

(0) Comments | Posted August 16, 2012 | 8:15 AM

Some commercials are funny, some informative. Then there are those just plain weird ones.

Of course, certain products are so strange it'd be hard not to make bizarre ads for them -- we're looking at you, Shake Weight. But, in other cases, there's just no excuse. Like Ikea, what...

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Cresskill, New Jersey, Considers Drive-Thru Ban

(683) Comments | Posted August 15, 2012 | 1:20 PM

Residents of one New Jersey town may soon have to get out of their cars to pick up a triple mocha cappuccino blast or Egg McMuffin.

That's because residents of Cresskill, New Jersey, are complaining about drive-thrus causing traffic congestion, reports.

"We might wait 10...

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Mitt Romney Would Have Paid Almost Nothing In Taxes Under Paul Ryan's 2010 Budget

(351) Comments | Posted August 13, 2012 | 2:15 PM

Vice presidential candidate Paul Ryan's assertion that programs like Medicare and Social Security are staring at bankruptcy did not stop the Wisconsin congressman from once proposing a federal budget that would have eliminated virtually all taxes on people like his new running-mate, Mitt Romney. (Hat tip: the

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11 Brand Names That Sound Hilarious In A Different Language

(494) Comments | Posted August 10, 2012 | 3:53 PM

Any company pushing overseas struggles with new demands and cultures. But the most annoying obstacle may be that pesky language barrier. Just ask the American Dairy Association.

When the ADA attempted to expand its successful "Got Milk?" campaign into Mexico, it instead accidentally asked "Are You Lactating?" Oddly...

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12 Fictional Products That You Can Now Actually Buy

(186) Comments | Posted August 10, 2012 | 12:30 PM

Dreams do come true! You too can buy a vomit flavored jelly bean.

Infamous once-fictional products from literature, TV shows and films, like Duff Beer from The Simpsons, Bertie Botts Every Flavor Beans from Harry Potter and even the leg lamp from A Christmas Story, are now all available...

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Companies Where Employees Are Ditching President Obama

(773) Comments | Posted August 9, 2012 | 2:00 PM

It appears President Obama can expect fewer contributions from workers on Wall Street and at major corporations this election cycle. New data from Bloomberg shows more employees at companies with the greatest employee campaign contributions are backing Republicans this fall, and many are changing parties.

Employees at...

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13 Creative Ways To Lose Millions Of Dollars Really Quickly

(37) Comments | Posted August 8, 2012 | 2:00 PM

Lighting money on fire may still be the quickest way to get rid of it, but reasonable alternatives do exist.

Yes, as countless celebrities, athletes, market traders and criminals have learned, it's far easier to lose a fortune than to make one.

Take four-time heavy weight champion Evander...

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The 10 U.S. Cities Set To See Their Populations Boom: Report

(184) Comments | Posted August 8, 2012 | 11:45 AM

Sorry hipsters, your Austin paradise is about to get ransacked.

The percentage of Americans living in metropolitan areas is set to grow by roughly a third over the next three decades, according to a new study by Global Insight. Already today, roughly four-fifths of the country...

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Neil Barofsky: U.S. 'Pretty Fucked'

(1508) Comments | Posted August 7, 2012 | 2:41 PM

Neil Barofsky, the former Inspector General of the Troubled Asset Relief Fund, can sum up the state of the nation in two words: "Pretty fucked."

The concise assessment came Tuesday during a question and answer session on Gawker, during which a commenter asked: "So we're just totally fucked,...

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Alicia Ramirez, 78-Year Old Texas Homeowner, Fighting Both Cancer and Eviction

(749) Comments | Posted August 6, 2012 | 2:10 PM

Imagine being kicked out of your home while battling cancer.

That's the scenario that Alicia Ramirez faced. After losing her husband to cancer and then being diagnosed with the disease herself, Ramirez fell behind on her loan repayments to the U.S. Department of Agriculture, which supplied her loan.


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Meet The Bankers Having Second Thoughts About Too-Big-To-Fail

(1) Comments | Posted August 6, 2012 | 10:00 AM

Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it might be a good idea to break up the megabanks like the one he used to run.

He's not alone in...

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Meet The Bankers Having Second Thoughts About Too-Big-To-Fail

(14) Comments | Posted August 6, 2012 | 10:00 AM

Sandy Weill, the former CEO of Citigroup and father of the modern too-big-to-fail bank, last month shocked Wall Street when he said that he thought it might be a good idea to break up the megabanks like the one he used to run.

He's not alone in...

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Bill McMachen Buys Every Single Tax-Foreclosed Home In Macomb County, Michigan

(851) Comments | Posted August 3, 2012 | 5:00 PM

You might decide to buy a house with a million dollars, but with an extra 4 million, you could have bought every tax-foreclosed home up for auction in Michigan's Macomb County.

That's what former yacht dealer Bill McMachen did on Tuesday, the Detroit News reports. For the dirt-cheap...

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John Clark Saves Child From Drowning, Receives Huge Medical Bill

(905) Comments | Posted August 3, 2012 | 2:40 PM

Sometimes good deeds do go unpunished. It might just take the help of a local TV report.

Last month, John Clark, 17, of Vancouver, Washington, heard the screams of a 12-year-old boy drowning off the Oregon coast, KOIN 6 reports. Rather than let the boy drown, Clark,...

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The 10 Most Economically Segregated Cities In America: Pew

(551) Comments | Posted August 2, 2012 | 1:20 PM

Segregation in America may be more common than you think.

Increased income inequality has spurred the growth of economic segregation -- or segregation based on income -- according to a report from the Pew Research Center. Between 1980 and 2010, 27 of the 30 largest metropolitan areas saw...

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Edward DeMarco's Biggest Enemies

(277) Comments | Posted August 1, 2012 | 6:15 PM

Principal reduction has been a sticky enough topic for Ed DeMarco. It just got even stickier.

The director of the Federal Housing Finance Agency announced his opposition to the tactic that is sometimes used to avoid costly foreclosures on July 31, defying Treasury Secretary Timothy Geithner. The announcement...

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