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Archive for March, 2008

I never, ever want to hear that teachers are underpaid again.

Quite by accident, I came across a database listing teacher salaries and benefits for the metro Milwaukee area. The database allows you to enter any teacher or administrator’s last name, and see the value of their salary and benefits for the 2006-07 school year. This is all public information that is required to be made available by the Department of Public Instruction.

I know a few teachers in the area, and I knew they were well-paid. But I had no idea how much. For all of the teachers that I entered into the system, I came up with salaries in the range of $50,000 to $70,000 per year, and benefits in the range of $30,000 to 40,000 per year.

That means the teachers I know, who all have experience in the range of 5 to 15 years, are being compensated in the neighborhood of $80,000 to $110,000 for working part time. Read the rest of this entry »

One of my articles was cited in a book!

My article, Financial Statement Fraud in the Katrina Aftermath: A Whirlwind of Opportunities, was quoted on page 278 of the book Scientific Evidence in Civil and Criminal Cases. That’s kind of cool, especially since I don’t think that’s ever happened before. I know that several of my articles are used in college courses on auditing and fraud examination, but I’ve never had one utilized as a resource for a book. (Not that I know of, anyway.)

The book is described: Read the rest of this entry »

Carnival of Fraud - March 31, 2008

Welcome to the March 31, 2008 edition of carnival of fraud.

Note: Welcome back Wenchy! Happy to have you, as I love your blog. And you’re making up for lost time… thanks!

Wenchypoo presents Universal Health Care Blues: Patient Stacking posted at Wisdom From Wenchypoo’s Mental Wastebasket, saying, “It’s good to see you back in action!”

Wenchypoo presents Do-It-Yourself Fair Tax Plan (Super L-O-N-G) posted at Wisdom From Wenchypoo’s Mental Wastebasket, saying, “Part 1 of the FairTax Trilogy.”

Wenchypoo presents FairTax: The Critics Answer ME posted at Wisdom From Wenchypoo’s Mental Wastebasket, saying, “Part 2 of the FairTax Trilogy.” Read the rest of this entry »

Some of my articles from last week on AOL’s personal finance blog WalletPop


Last week on WalletPop, I was blogging about…

Can you get rich by blogging? - You can make money blogging, but the big bucks are reserved for group blogs run as businesses.

Condo market questionable for the near future - If you’re in the market for a condo, you might do better with a new condo.

Tax Freedom Day comes three days earlier than last year - We still pay way too much in taxes. I wonder why politicians won’t let us keep our money and spend it how we see fit.

Good news! The U.S. economy is growing! - Tired of all the doom and gloom from the media!

In the market for a new car? Discounts all around! - Great deals if you’re interested in buying new.

Tax Tips: Cashing out your 401(k) early - Want to lose 50% of your money? Cash out your 401(k) early.

Debt consolidation might be the worst move you’ve ever made - Rolling credit card debt into a home equity loan doesn’t make you smarter with your money.

Support the Milwaukee Police Department

Yesterday there was a shameful protest in support of a man who, while drunk, stepped on the gas pedal of his car and dragged a Milwaukee police officer with the car. That police officer is lucky to be alive.

But the Hmong community feels sorry for the criminal, Koua Moua, who got a black and swollen eye while he tried to resist arrest. Note that there were several eye witnesses to this incident, including one who was on the phone after calling 911 and narrated the process of Moua dragging this officer with his car. The alleged “brutality” occurred while police tried to get him to stop the car and be arrested.

From the Milwaukee Journal Sentinel: Read the rest of this entry »

Working with the Google Ad Review Center

I just got the “Ad Review Center” option on my Google AdSense account, and I decided to give it a whirl. I have Google ads on two sites: this one, and Pink Truth (my public awareness campaign against Mary Kay Cosmetics and similarly abusive multi-level marketing companies and pyramid schemes).

I didn’t take my participation in the Ad Review process lightly. Because my sites often mention MLMs and other business opportunity scams, a lot of the Google ads that show up are offering those very scams! In the past, I tried to use the competitive ad filter to block these ads. And that ended up worse than ever. As fast as I could block certain web addresses, the exact same advertisers were using other web addresses which just forwarded to the original ones I had blocked.

The Ad Review Center seems to be a better option. You can block an entire advertiser’s campaign… period. Read the rest of this entry »

More on Lena Taylor’s plans to stick it to the taxpayers if elected as County Executive

Hat tip: Badger Blogger.

Essentials of Corporate Fraud featured in “The People Pro” Newsletter

Barb Bartlein is known nationally as “The People Pro“… offering advice and strategic assistance in dealing with people issues. She assists clients with management training, professional mentoring, and employee management issues. She’s a nationally syndicated columnist for The Business Journal, a successful author, and one funny lady. Her humor his lit up audiences for years.

She featured Essentials of Corporate Fraud in her recent newsletter, and this is the article she wrote about it: Read the rest of this entry »

Scott Walker is the clear choice for County Executive

Lena Taylor is an embarrassment in her current political job. She wants to raise all sorts of taxes, and wants to spring a bunch of criminals from jail. She wants to waste zillions of dollars on light rail that no one will use. She wants more sales taxes… effectively driving out even more businesses.

Here’s more:

Usana insider sales occur (curiously) between the big numbers back then, and the little numbers (the real ones) now

From February 6, 2008 Usana Health Sciences Inc. (NASDAQ:USNA) conference call, comments by CFO (who lied about being a CPA) Gil Fuller:

Now before I turn the time over to Dave, I’ll comment on our guidance. Yesterday in our press release we provided first quarter and full year guidance of 2008. Based on the current business trends, we believe that net sales for the first quarter of 2008 will be between $105 million and $109 million with earnings per share expected to be between $0.63 and $0.66 per share. For the full year 2008, the company is adjusting both its net sales and earnings per share guidance to 7% to 10% growth compared with the full year of 2007.

Closing price of stock on February 6, 2008, per Yahoo: $38.41.

Insider sales of Usana stock between then and now: Read the rest of this entry »

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