Archive - Sep 14, 2011 - Latest News
Beginning Jan. 1, walking into a bank and purchasing a paper savings bond will be a thing of the past. The new year will usher in a new way of handling savings bonds â€” the financial practice that began in 1935 is moving completely online.
Public affairs specialist Lateefah Thompson, from the Bureau of Public Debt, said that online savings bonds have been offered as an option since 2002. The difference now is that online will be the only option.
This is a continuation of the â€śgo greenâ€ť initiative that the federal government began implementing in April.
At $1,199 (the retail price for a MacBook), these computers donâ€™t come cheap. A question in many peopleâ€™s minds might be, where are schools getting the money to pay for these things?
Schools are relying on their usual budget, along with revenue from rental fees, to pay a lease for the devices from Apple. At the end of the four-year lease agreement, schools can either keep the computers or sell them back to Apple.
PLYMOUTH â€” Many adults are advised to regularly walk in order to stay active. Retired Chicago police officer Phil Szpicki (pronounced spy-key), at 70 years old, recently embarked on a journey that requires him to walk more than 900 miles â€” all along U.S. Highway 30.
â€śBeing able to do this at my age is a gift from God,â€ť said Phil Szpicki, covered in sweat and grime from the road.
Szpicki, who resides in Loves Park, Ill, spent the night in Plymouth Monday before setting off again on his journey.