The average price of gasoline in the U.S. is almost $4 per gallon. However did you know it will cost more than double per gallon needed if you do not return the rental with a full tank? This and other “hidden” fees can cost you a fantastic deal of money. Go to the rental car counter armed with knowledge and save.
Rental car gasoline at $9.29 per gallon
Dollar and Thrifty is charging $8.99 a gallon to top of the gas tank while Hertz is charging $9.29 a gallon on average according to a USA Today survey of 13 large U.S. airports with rental vehicle businesses. If a customer pays the rental company ahead of time, the price goes down a lot, however this is one way consumers’ get money stolen by rental companies all the time.
Thinking about the other fees to avoid
1. Additional driver fees – Most rental companies charge an additional $10 per driver.
2. Insurance – If you already have driver’s insurance, especially comprehensive, don’t purchase extra insurance. You may even want to check with the credit card company. It might insure against losses.
3. Early/late return fees – It pays to be on time when returning your rental car, as it can cost $10 or more for each day late. Early returns usually require a $15 fee too.
4. Child car seats – Make sure you bring your own vehicle seats into your rental. Otherwise, you’ll pay about $7 per day for each child safety seat rented through the business.
5. Toll bypass – Some rental companies will sell you an electronic toll road pass. If you already have one of these for your daily commute or are not worried about this choice, just say no.
6. Mileage – Be careful of the miles you put on. If you know you’re going to be driving long distances, opt for an unlimited mileage rental or be prepared to pay an exorbitant amount per mile over the limit.
7. Cleaning – Don’t smoke in the car and clean up your mess. Cleaning fees are always expensive. Sometimes it can cost too much.
Ways to get a cheap car for a while
There are easy ways to discover deals on rental automobiles. Just go to Priceline.com, Hotwire.com, Travelocity.com and Expedia.com. Plan ahead and you also may even be able to discover a good rate that comes as part of a package deal with airline tickets and hotel. You may be able to conserve even more with entertainment coupon books and online websites like RetailMeNot.com. Make sure you rent for what you need. Don’t go any longer. As long as you don’t have too much stuff, you might be okay with an economy compact which will get you there safely.
Citations
Bankrate.com
bankrate.com/financing/cars/rental-car-gas-costs-9-a-gallon/
MSNBC
today.msnbc.msn.com/id/23471992/ns/today-money/t/secrets-renting-car-without-overspending/
Dollar Rent-A-Car was caught red-handed
youtube.com/watch?v=ZY4A-EJAbZs
Saturday, May 14, 2011
Saturday, April 30, 2011
All Detroit teachers might be laid off if difficulties not resolved
Every single public school teacher employed by the city of Detroit is being laid off, as well as all administrators. The public school system in the Motor City has major problems, and unless some of the financial troubles are resolved, Detroit will employ no teachers as of July 29. Individuals have been fleeing Detroit steadily for the past decade.
Motor City schools $327 million in debt
CNN states that every teacher and school administrator is being laid off in Detroit, Mich., in the public school system due to financial difficulties. To raise over $230 million to stay alive through August of the year, the Detroit School District issued emergency bonds in March while continuing to have its $327 million deficit. Though it was able to raise half a year’s spending budget, it was not sufficient, forcing drastic measures to be taken. First on the firing line were staff salaries. In Detroit, all 5,714 teachers are likely to get layoff notices. The school administrators will get them too. Detroit will not be paying any teacher or principal starting on July 29.
Leaving the city alone
For over a decade, Detroit has lost individuals after being an industrial powerhouse for so long. There are now the same numbers of individuals in Detroit as there was in 1910 as 25 percent of the population left in just the last 10 years. There isn’t anyone in a third of the city. It just sits empty, reports MSNBC. The school district has 10,000 fewer students than in 2001. State and local governments were able to hire financial managers that got broad powers with the Public Act 4 passed by Michigan legislature in March after the Detroit School District went into crisis mode. Robert Bobb is the emergency financial manager for the public schools in Detroit. As an emergency measure, he is using the law now.
Possibility of a job
Not all teachers who receive a layoff notice will actually turn out to be fired. Bobb, the emergency financial manager, is said to be restructuring Detroit schools to be able to bring them in line with declining enrollment. The collective bargaining between Detroit and the Detroit Federation of Teachers may also be redone by him. In 2009, an agreement similar to this was made where teachers lost salaries and health benefits. Several suspect this same thing will take place. If the fiscal problems are not controlled, Detroit may have to deal with a state takeover, report Reuters. By 2014, Detroit could have a much higher deficit than the current $155 million owed. It might reach $1.2 billion by 2015’s fiscal year. Just like Bobb took over Detroit schools, an emergency manager could possibly be assigned by the state to the city.
Information from
CNN
money.cnn.com/2011/04/15/news/economy/detroit_teachers/index.htm
MSNBC
msnbc.msn.com/id/42612424/ns/us_news-life/
Reuters
reuters.com/article/2011/04/12/us-detroit-budget-idUSTRE73B5GT20110412
Motor City schools $327 million in debt
CNN states that every teacher and school administrator is being laid off in Detroit, Mich., in the public school system due to financial difficulties. To raise over $230 million to stay alive through August of the year, the Detroit School District issued emergency bonds in March while continuing to have its $327 million deficit. Though it was able to raise half a year’s spending budget, it was not sufficient, forcing drastic measures to be taken. First on the firing line were staff salaries. In Detroit, all 5,714 teachers are likely to get layoff notices. The school administrators will get them too. Detroit will not be paying any teacher or principal starting on July 29.
Leaving the city alone
For over a decade, Detroit has lost individuals after being an industrial powerhouse for so long. There are now the same numbers of individuals in Detroit as there was in 1910 as 25 percent of the population left in just the last 10 years. There isn’t anyone in a third of the city. It just sits empty, reports MSNBC. The school district has 10,000 fewer students than in 2001. State and local governments were able to hire financial managers that got broad powers with the Public Act 4 passed by Michigan legislature in March after the Detroit School District went into crisis mode. Robert Bobb is the emergency financial manager for the public schools in Detroit. As an emergency measure, he is using the law now.
Possibility of a job
Not all teachers who receive a layoff notice will actually turn out to be fired. Bobb, the emergency financial manager, is said to be restructuring Detroit schools to be able to bring them in line with declining enrollment. The collective bargaining between Detroit and the Detroit Federation of Teachers may also be redone by him. In 2009, an agreement similar to this was made where teachers lost salaries and health benefits. Several suspect this same thing will take place. If the fiscal problems are not controlled, Detroit may have to deal with a state takeover, report Reuters. By 2014, Detroit could have a much higher deficit than the current $155 million owed. It might reach $1.2 billion by 2015’s fiscal year. Just like Bobb took over Detroit schools, an emergency manager could possibly be assigned by the state to the city.
Information from
CNN
money.cnn.com/2011/04/15/news/economy/detroit_teachers/index.htm
MSNBC
msnbc.msn.com/id/42612424/ns/us_news-life/
Reuters
reuters.com/article/2011/04/12/us-detroit-budget-idUSTRE73B5GT20110412
Wednesday, April 27, 2011
The majority of Americans still believe in real estate as a good investment
The majority of Americans still think real estate is the best long term financial investment to make. The value of the average house has dropped by nearly a 3rd since the housing recession began in late 2007, and nearly a third of all homes are worth less than the amount that is owed on them. Housing prices will recover eventually. It may take awhile, though.
More than 80 percent of Americans have confidence in real estate
A recent survey revealed that, regardless of the economic downturn, the majority of Americans nevertheless have confidence in housing as an investment. The Pew Research Center, according to Reuters, found that 81 percent of Americans felt real estate was still the best long term investment. More than 2,000 adults were surveyed by phone by the Social and Demographic Trends project, part of the Pew Research Center, and 37 percent “strongly agreed” that a house is the best long term financial investment, and 44 percent “somewhat agreed.” Most people believe that housing values will recovered within three years, however 23 percent said that they would not have bought their house if given the choice again.
April showers and May flowers
The current 2011 trend will hopefully be reversed in spring and summer when sales are expected to pick up, states MSNBC. The number of home sales and values may end up staying down though which realtors and housing industry analysts are worried about considering the amount of underwater mortgages. The National Association of Realtors has high hopes. It thinks that this year alone there can be a 7.4 percent increase in home sales. One of the biggest complaints from the real estate industry has been that lenders are being too stingy, and standing in the way of the recovery that would benefit them by being too conservative with loan capital.
Downturn fuels skeptics
The American Dream seems to be crumbling as there are even more skeptics of the real estate industry. An article on the USA Today website quoted Robert Shiller, co-founder of the real estate tracking Case-Shiller Index, as saying that individuals purchase houses for security or lifestyle reasons. There was another economist that talked about the return on a home. Typically, the return is around 6 percent. With all the fees and depressed costs, it might be even worse. A lot of people are not getting a return at all.
Information from
Reuters
reuters.com/article/2011/04/12/us-usa-housing-survey-idUSTRE73B0T220110412
MSNBC
msnbc.msn.com/id/42521765/ns/business-real_estate/
USA Today
usatoday.com/money/economy/housing/2011-03-20-home-ownership.htm
More than 80 percent of Americans have confidence in real estate
A recent survey revealed that, regardless of the economic downturn, the majority of Americans nevertheless have confidence in housing as an investment. The Pew Research Center, according to Reuters, found that 81 percent of Americans felt real estate was still the best long term investment. More than 2,000 adults were surveyed by phone by the Social and Demographic Trends project, part of the Pew Research Center, and 37 percent “strongly agreed” that a house is the best long term financial investment, and 44 percent “somewhat agreed.” Most people believe that housing values will recovered within three years, however 23 percent said that they would not have bought their house if given the choice again.
April showers and May flowers
The current 2011 trend will hopefully be reversed in spring and summer when sales are expected to pick up, states MSNBC. The number of home sales and values may end up staying down though which realtors and housing industry analysts are worried about considering the amount of underwater mortgages. The National Association of Realtors has high hopes. It thinks that this year alone there can be a 7.4 percent increase in home sales. One of the biggest complaints from the real estate industry has been that lenders are being too stingy, and standing in the way of the recovery that would benefit them by being too conservative with loan capital.
Downturn fuels skeptics
The American Dream seems to be crumbling as there are even more skeptics of the real estate industry. An article on the USA Today website quoted Robert Shiller, co-founder of the real estate tracking Case-Shiller Index, as saying that individuals purchase houses for security or lifestyle reasons. There was another economist that talked about the return on a home. Typically, the return is around 6 percent. With all the fees and depressed costs, it might be even worse. A lot of people are not getting a return at all.
Information from
Reuters
reuters.com/article/2011/04/12/us-usa-housing-survey-idUSTRE73B0T220110412
MSNBC
msnbc.msn.com/id/42521765/ns/business-real_estate/
USA Today
usatoday.com/money/economy/housing/2011-03-20-home-ownership.htm
Monday, April 25, 2011
Student loan debt anticipated to hit $1 trillion and above this year
As the college ranks swell, student loan debt grows. Students borrowing money for college have racked up a higher amount of debt than those people who have financed any number of things in life with credit cards. In fact, the amount of money individuals while students have borrowed to finance education and its relevant accessories is about to blow by $1 trillion and gain momentum into the future. The debate about “good debt” versus “bad debt” has intensified when it comes to student loans because of the outsize dollar amounts owed and the arduous future of loan repayments that lie ahead for most graduates.
Tuition increases mean an increase in student loan debt
Student loan debt was something less than half of the students graduating with a bachelor’s degree had in 1993. By 2008, the number of students graduating in debt had risen to two-thirds. The average debt students left with in 2009 were $24,000. The total amount of student loan debt is supposed to get to at least $1 trillion in 2011. It is expected to continue to grow rapidly. The Pell grants are ones the Republican Congress members want to cut. This is a financial aid lower-income students can get. The current generation of college students may have to deal with these changes as there have been tuition increases while universities and colleges are getting funding taken from them by the states. There has been more than just a rise in student loan debt. Student loan default has also increased. Credit damage, also as burdensome student loan payments for those who do not default will limit the range of possibilities when it comes to buying a home or having children.! Anyone who has kids may have to choose between paying off their student loan debt and saving for their children’s college education.
There is some good debt
When it comes to debt, student loans have always been considered “good debt,” as opposed to “bad debt” such as credit cards, auto loans or payday loans. It is considered bad to take out any debt though, now the recession is done. As long as the degree and salary from that degree are able to very easily pay back the debt, school loans are considered good debt even though the College Board explained a four year education is over $37,000 a year now. Most financial advisers suggest that individuals don’t borrow more than they could make the year after they graduate. The risk of student loan debt is there with that though. Finding a job that pays off the average cost of college with a degree in sociology or history is unlikely. There is less of a risk in degrees for instance medicine or engineering. More debt has to be taken out with them though.
Bottom line: debt is risky
When it comes to good debt versus bad debt, the bottom line these days is simple: all debt is bad if you can’t pay it off. Right now there is a huge default rate. In just for-profit schools, the rate is almost to 50 percent. Bankruptcy doesn’t get rid of student loans. For federally guaranteed student loans, the government can garnish wages, withhold tax refunds or dock Social Security payments. Anyone who pays the 15 percent of income for 25 years, or 10 years in a public service position, can have that debt forgiven which the Obama administration has done to help those in low paying jobs.
Information from
New York Times
nytimes.com/2011/04/12/education/12college.html?_r=1&emc=eta1
Creditcards.com
creditcards.com/credit-card-news/does-good-debt-still-exist-1264.php
care 2
care2.com/causes/education/blog/student-debt-for-college-likely-to-exceed-a-trillion-dollars/
Tuition increases mean an increase in student loan debt
Student loan debt was something less than half of the students graduating with a bachelor’s degree had in 1993. By 2008, the number of students graduating in debt had risen to two-thirds. The average debt students left with in 2009 were $24,000. The total amount of student loan debt is supposed to get to at least $1 trillion in 2011. It is expected to continue to grow rapidly. The Pell grants are ones the Republican Congress members want to cut. This is a financial aid lower-income students can get. The current generation of college students may have to deal with these changes as there have been tuition increases while universities and colleges are getting funding taken from them by the states. There has been more than just a rise in student loan debt. Student loan default has also increased. Credit damage, also as burdensome student loan payments for those who do not default will limit the range of possibilities when it comes to buying a home or having children.! Anyone who has kids may have to choose between paying off their student loan debt and saving for their children’s college education.
There is some good debt
When it comes to debt, student loans have always been considered “good debt,” as opposed to “bad debt” such as credit cards, auto loans or payday loans. It is considered bad to take out any debt though, now the recession is done. As long as the degree and salary from that degree are able to very easily pay back the debt, school loans are considered good debt even though the College Board explained a four year education is over $37,000 a year now. Most financial advisers suggest that individuals don’t borrow more than they could make the year after they graduate. The risk of student loan debt is there with that though. Finding a job that pays off the average cost of college with a degree in sociology or history is unlikely. There is less of a risk in degrees for instance medicine or engineering. More debt has to be taken out with them though.
Bottom line: debt is risky
When it comes to good debt versus bad debt, the bottom line these days is simple: all debt is bad if you can’t pay it off. Right now there is a huge default rate. In just for-profit schools, the rate is almost to 50 percent. Bankruptcy doesn’t get rid of student loans. For federally guaranteed student loans, the government can garnish wages, withhold tax refunds or dock Social Security payments. Anyone who pays the 15 percent of income for 25 years, or 10 years in a public service position, can have that debt forgiven which the Obama administration has done to help those in low paying jobs.
Information from
New York Times
nytimes.com/2011/04/12/education/12college.html?_r=1&emc=eta1
Creditcards.com
creditcards.com/credit-card-news/does-good-debt-still-exist-1264.php
care 2
care2.com/causes/education/blog/student-debt-for-college-likely-to-exceed-a-trillion-dollars/
Monday, April 4, 2011
Businesses try to hide cost increases by diminishing food packaging
A consequence of economic hardship is the steadily decreasing size of food product packaging. The rate of food and the size of product packaging have been heading in opposite directions. As shoppers start to notice they are paying more for less, the spin from food manufacturers is that smaller food product packaging is good for the environment and more convenient for customers.
The incredible shrinking food package
Diminishing food product packaging isn’t a recent phenomenon. Corporations can’t raise prices and still make a profit when unemployment is high and wages are low. The amount of product has been reduced in the past 20 years by food manufacturers to save money. During the latest recession, food product packaging started to noticeably shrink in the summer of 2008. As joblessness has remained high for years, food packaging continues to get smaller. There has been lots of food inflation recently though. This has brought on smaller packaging and higher prices to occur. Rising costs for energy and commodities for instance corn, cotton and sugar are expected to continue, and consumers can expect to pay even more to get even less in the future.
The spin on diminishing food packaging
Most food manufacturers know that consumers will notice rising prices. It is hit and misses with shrinking quantities though. Several companies have learned that if they can shrink food without a customer noticing, most will not notice. The box will look the very same on the shelf with the same height and width but with different depths. Glass jars could have larger indentations in the bottom to reduce volume. Chips and other salted snacks will be filled with more air and less product. However as food packaging continues to shrink, businesses are resorting to clever positioning as the reduction in quantity becomes extremely hard to hide. The New York Times explains that Procter & Gamble simply put a statement on the product calling it "Future Friendly" to sell more. It said that this is the case as there is less energy, water and packaging used in the product. Tropicana reduced the size of its orange juice container with an “easy-pour lid”, which the! company said retained the value of the product with added features.
Grocery budgets and unit cost
Labels aren’t read most of the time by consumers, food manufacturer's hope. According to the Times, a can of Chicken of the Sea albacore tuna now holds five ounces instead of six and costs more. Bags of Doritos, Tostitos and Fritos contain 20 percent less product than in 2009. Would you like to protect yourself? Then just check product before getting it. Do you want to know what you are paying for? Simply look at the rate per ounce or at least the unit cost. If you save grocery receipts over periods of time, you are able to then figure out how much more money you are being charged. Most grocery receipts show the quantity of items along with the price. Month to month receipts are enough to compare prices. You’ll really recognize now much money is being lost.
Articles cited
New York Times
nytimes.com/2011/03/29/business/29shrink.html?_r=1&emc=eta1
USA Today
usatoday.com/money/industries/food/2008-06-11-shrinking-sizes_N.htm
TIME
money.blogs.time.com/2011/03/29/all-new-packaging-less-food-same-price-what-a-deal/
The incredible shrinking food package
Diminishing food product packaging isn’t a recent phenomenon. Corporations can’t raise prices and still make a profit when unemployment is high and wages are low. The amount of product has been reduced in the past 20 years by food manufacturers to save money. During the latest recession, food product packaging started to noticeably shrink in the summer of 2008. As joblessness has remained high for years, food packaging continues to get smaller. There has been lots of food inflation recently though. This has brought on smaller packaging and higher prices to occur. Rising costs for energy and commodities for instance corn, cotton and sugar are expected to continue, and consumers can expect to pay even more to get even less in the future.
The spin on diminishing food packaging
Most food manufacturers know that consumers will notice rising prices. It is hit and misses with shrinking quantities though. Several companies have learned that if they can shrink food without a customer noticing, most will not notice. The box will look the very same on the shelf with the same height and width but with different depths. Glass jars could have larger indentations in the bottom to reduce volume. Chips and other salted snacks will be filled with more air and less product. However as food packaging continues to shrink, businesses are resorting to clever positioning as the reduction in quantity becomes extremely hard to hide. The New York Times explains that Procter & Gamble simply put a statement on the product calling it "Future Friendly" to sell more. It said that this is the case as there is less energy, water and packaging used in the product. Tropicana reduced the size of its orange juice container with an “easy-pour lid”, which the! company said retained the value of the product with added features.
Grocery budgets and unit cost
Labels aren’t read most of the time by consumers, food manufacturer's hope. According to the Times, a can of Chicken of the Sea albacore tuna now holds five ounces instead of six and costs more. Bags of Doritos, Tostitos and Fritos contain 20 percent less product than in 2009. Would you like to protect yourself? Then just check product before getting it. Do you want to know what you are paying for? Simply look at the rate per ounce or at least the unit cost. If you save grocery receipts over periods of time, you are able to then figure out how much more money you are being charged. Most grocery receipts show the quantity of items along with the price. Month to month receipts are enough to compare prices. You’ll really recognize now much money is being lost.
Articles cited
New York Times
nytimes.com/2011/03/29/business/29shrink.html?_r=1&emc=eta1
USA Today
usatoday.com/money/industries/food/2008-06-11-shrinking-sizes_N.htm
TIME
money.blogs.time.com/2011/03/29/all-new-packaging-less-food-same-price-what-a-deal/
Tuesday, February 15, 2011
Sun block remark gets Gisele Bundchen in trouble
Bundchen is a Brazilian supermodel who is married to an NFL player and lives part time in the United States. The model is also trying to launch a skin care line. When talking about sunscreen, however, Bundchen was cited as calling the screen “poison”. {Gisele Bundchen declines labeling sun block poison, though, claiming it was a "mistranslation."|Representatives for the model, however, are saying that this was a mistake in translation.|The representatives for the model are denying this statement. Instead, they are calling the quotation a “mistranslation." Resource for this article – Sunscreen is poison, states Gisele Bundchen
At a press conference where Gisele Bundchen was promoting her skin care line, Gisele Bundchen said something surprising. When she was questioned about the SPF content of her products, Bundchen was quoted as saying “I cannot put this poison on my skin. I do not use anything synthetic.” Upon continued investigation, it was rumored that Bundchen tries to not go outside during the hours of 9 a.m. to 4 p.m., when UV rays are strong.
Gisele Bundchen refuses to admit to it
Gisele Bundchen said that she never labeled sun block poison a few days after the press conference. The quote was just a mistranslation, she says. A statement was released by Bundchen official representatives that said: “They misquoted her because of a language barrier. Gisele would never say not to use sunscreen because she has family members who have had skin cancer.” Instead, Bundchen purchases sun block that does not contain a long list of chemicals and tries to stay out of the sun as often as possible.
Sunscreen can be an issue too
Sunscreen is not a product without problems. Cancer experts and doctors recommend slathering on the sun block whenever you are outside to protect yourself from UV radiation. The Environmental Working Group does not like the idea of sun block though. Less than 5 percent are safe and effective of all sunscreens, they say. There is no FDA regulation on sunscreen. Sun block disrupts hormones though with the oxybenzone in it. Too much sunscreen can mean a vitamin D deficiency though. Cancer can be accelerated this way. It’s really bad for your body to be getting too much sun block on it. At the very same time, it is very dangerous to keep away from protecting your skin from the sun also.
Citations
AOL News
aolnews.com/2010/05/24/study-many-sunscreens-may-be-accelerating-cancer/
Clebrifi
celebrifi.com/gossip/Gisele-Bndchen-Responds-to-Sunscreen-Controversy-4679481.html
At a press conference where Gisele Bundchen was promoting her skin care line, Gisele Bundchen said something surprising. When she was questioned about the SPF content of her products, Bundchen was quoted as saying “I cannot put this poison on my skin. I do not use anything synthetic.” Upon continued investigation, it was rumored that Bundchen tries to not go outside during the hours of 9 a.m. to 4 p.m., when UV rays are strong.
Gisele Bundchen refuses to admit to it
Gisele Bundchen said that she never labeled sun block poison a few days after the press conference. The quote was just a mistranslation, she says. A statement was released by Bundchen official representatives that said: “They misquoted her because of a language barrier. Gisele would never say not to use sunscreen because she has family members who have had skin cancer.” Instead, Bundchen purchases sun block that does not contain a long list of chemicals and tries to stay out of the sun as often as possible.
Sunscreen can be an issue too
Sunscreen is not a product without problems. Cancer experts and doctors recommend slathering on the sun block whenever you are outside to protect yourself from UV radiation. The Environmental Working Group does not like the idea of sun block though. Less than 5 percent are safe and effective of all sunscreens, they say. There is no FDA regulation on sunscreen. Sun block disrupts hormones though with the oxybenzone in it. Too much sunscreen can mean a vitamin D deficiency though. Cancer can be accelerated this way. It’s really bad for your body to be getting too much sun block on it. At the very same time, it is very dangerous to keep away from protecting your skin from the sun also.
Citations
AOL News
aolnews.com/2010/05/24/study-many-sunscreens-may-be-accelerating-cancer/
Clebrifi
celebrifi.com/gossip/Gisele-Bndchen-Responds-to-Sunscreen-Controversy-4679481.html
Monday, February 14, 2011
Logging on to your favored .gay and .nazi domain names
The public have pushed the .com domain name to the cap. In order to clear out the cobwebs and make up for the fact that the United States is used up of IP addresses, the Internet Corporation for Assigned Names and Numbers (ICANN) might shortly be rolling out some colorful competition like .god, .gay, .muhammad and .nazi. In accordance with the Washington Post, these and more noteworthy domain names might have their coming out party this spring. If you want a .com website, you might want to look into obtaining a large pay day loan, because they are running out. Source for this article – Internet land rush may lead to .nazi, .gay and .god domains by MoneyBlogNewz.
Getting the Internet land rush going
For a long time, every person has expected to be able to use .com, .net and .org. Domains like .edu, .mil and .gov are popular in the public sector. Critics feel like there is controversy around domain names like .nazi, .god, .gay, .muhammad and others. Things like .amazon could possibly be problems when it comes to ownership. Who would own .amazon: the online retailer or Brazil?. These are the types of issues ICANN expects to resolve by March or April. Soon, Internet Corporation for Assigned Names and Numbers will open the floor for businesses and governments to solicit their claims in what is being called the Internet land rush.
The way to claim
Corporations and celebrities don't have to worry too much though. Not everyone can afford the huge price that comes with a potential new domain. According to the Washington Post, it costs a whopping $185,000 to apply and $25,000 annually to maintain the domain. Only some of the application fee is refundable too, even if Internet Corporation for Assigned Names and Numbers rejects the domain.
Lauren Weinstein is of the Los Angeles-based Individuals for Web Responsibility. She is really angry about this. Trademark holders and users will just be upset about the domains being specific like this while Weinstein thinks it’s just a way for Internet Corporation for Assigned Names and Numbers to make money. Peter Thrush is the ICANN chairman who says that .gay, .nazi or other domain names have fees. There will most likely be lawsuits for the organization. That means that the non-profit ICANN will need the money and will also have to defend against cybersquatting in the future.
Washington Post
washingtonpost.com/wp-dyn/content/article/2011/02/06/AR2011020603940.html?hpid=topnews
Rocketboom on the horror of the domain name shortage
youtube.com/watch?v=3267Uh632XA
Getting the Internet land rush going
For a long time, every person has expected to be able to use .com, .net and .org. Domains like .edu, .mil and .gov are popular in the public sector. Critics feel like there is controversy around domain names like .nazi, .god, .gay, .muhammad and others. Things like .amazon could possibly be problems when it comes to ownership. Who would own .amazon: the online retailer or Brazil?. These are the types of issues ICANN expects to resolve by March or April. Soon, Internet Corporation for Assigned Names and Numbers will open the floor for businesses and governments to solicit their claims in what is being called the Internet land rush.
The way to claim
Corporations and celebrities don't have to worry too much though. Not everyone can afford the huge price that comes with a potential new domain. According to the Washington Post, it costs a whopping $185,000 to apply and $25,000 annually to maintain the domain. Only some of the application fee is refundable too, even if Internet Corporation for Assigned Names and Numbers rejects the domain.
Lauren Weinstein is of the Los Angeles-based Individuals for Web Responsibility. She is really angry about this. Trademark holders and users will just be upset about the domains being specific like this while Weinstein thinks it’s just a way for Internet Corporation for Assigned Names and Numbers to make money. Peter Thrush is the ICANN chairman who says that .gay, .nazi or other domain names have fees. There will most likely be lawsuits for the organization. That means that the non-profit ICANN will need the money and will also have to defend against cybersquatting in the future.
"Our job is to protect competition and give extra choices for consumers and entrepreneurs," said Thrush.Articles cited
Washington Post
washingtonpost.com/wp-dyn/content/article/2011/02/06/AR2011020603940.html?hpid=topnews
Rocketboom on the horror of the domain name shortage
youtube.com/watch?v=3267Uh632XA
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