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Election 2012
5:04 am
Fri September 21, 2012

Romney Argues For The Proper Role Of Government

Republican presidential nominee Mitt Romney has been busy after a tape emerged of him telling wealthy donors that nearly half of Americans see themselves as victims dependent on the federal government. Now he's trying to make those remarks part of a broader argument: What is the proper role of government and who should pay for it?

Business
5:04 am
Fri September 21, 2012

Want An iPhone 5 But Don't Want To Stand In Line?

Originally published on Fri September 21, 2012 6:08 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is: Why wait?

American consumers will likely go to great lengths - and stand in lines of great lengths - to get the iPhone 5, which goes on sale today.

STEVE INSKEEP, HOST:

People are lining up in front of Apple stores already. But this is a market economy, after all, and time is money, which explains why some people are paying others to stand in line for them.

IAN DEBORHA: I'm getting paid $55 for four hours.

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NPR Story
4:58 am
Fri September 21, 2012

Despite Economic Jitters, Stock Market Climbs

Originally published on Fri September 21, 2012 5:47 am

unemployment is still above 8 percent and some companies are warning of lower profits. Yet the stock market keeps climbing. Renee Montagne talks to David Wessel, economics editor of The Wall Street Journal, about why markets are at their highest levels since the financial crisis four years ago.

Media
4:11 am
Fri September 21, 2012

Smaller Audience, Bigger Payoff For Glenn Beck

Since leaving Fox News in 2011, Glenn Beck has found his way back to TV. His Internet television network, The Blaze TV, is now available to subscribers of the Dish Network.
Kris Connor Getty Images for Dish Network

Originally published on Fri September 21, 2012 2:43 pm

By the time Glenn Beck left the Fox News Channel in June 2011, both sides seemed ready, even eager, to part ways. Beck announced he would move on to bigger and grander ventures with his own production company, Mercury Radio Arts, but some media critics, such as Variety's Brian Lowry, shrugged then and since.

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Planet Money
3:10 am
Fri September 21, 2012

The Downside Of Tax Havens? Paperwork.

Unbelizable and Delawho? company documents, along with our official company stamp.
Lam Thuy Vo NPR

Originally published on Fri September 21, 2012 2:44 pm

We were curious how hard it would be to set up an offshore company, so this summer we bought two. We at Planet Money are now the proud owners of "Unbelizable Inc." in Belize and "Delawho? LLC" in Delaware. The whole process was quick and easy.

At least that's how it seemed at first — until we got an email from David Buckley, a tax lawyer at Rogin Nassau, telling us we had just walked into an IRS sinkhole.

Buckley described it as "a minefield of U.S. tax obligations," and he said he was worried about me. (The companies are in my name.)

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