Tag Archives: recession

Teen To Pay Taxes On Her Virginity

There’s a follow-up to a story we told you about the other day. Alina Percea, the 18-year-old who auctioned her virginity to a wealthy Italian businessman for $13,600, may have to give 50% of her earnings to the government who say her act was “tantamount to prostitution.” The Romanian-born teenager lives in Germany where prostitution is legal, but heavily taxed. “It is not a moral standpoint but a fiscal one,” an official said. “Prostitution is not an illegal act in Germany, but not paying tax on earned money is. Consequently we are assessing her case and it looks likely she will have to pay around half of the sum she gained.” Alina may also get stuck with a big VAT bill (value added tax), which would work out to another 19% tax, leaving her with only $4,700 for the sale of her virginity (she’d hoped to make at least $75,000 to help pay for school). So, let this be a lesson to you virgins out there: skip the auction block and just give it up the old-fashioned way — slightly drunk and to some guy you feel so-so about! [via DailyMail] Keep reading »

Teen Auctions Her Virginity And Dishes The Deets

In case your first sexual experience wasn’t awkward enough, Alina Percea, the 18-year-old who auctioned her virginity on a German website to help pay for college, is dishing all the details of her experience. Proving he’s a real romantic, the 45-year-old Italian businessman whose $13,600 bid won the auction paid to fly Alina to Venice — after she underwent to medical exams to prove her virginity. In Venice, the two toured the city before retiring to a luxury hotel for the main event. “‘We kissed, then undressed each other,’ Alina says. ‘I’d never done that before, so I was nervous. He laid me on the bed and started kissing my body, then we had sex. I was attracted to him, so I enjoyed it, even though it was quite painful.’” The next morning Alina, who, as part of the auction, didn’t use protection, enjoyed breakfast with the winning bidder “like any other couple” and took a morning-after pill. The romance doesn’t stop there, guys! “He told me he’d like to see me again, and I agreed.” Although the money raised fell short of the $75,000 she hoped to earn, she says, “I hope to see the man again. And next time I won’t make him pay!” Awww. [via DailyMail] Keep reading »

Pfizer To Give Out Free Viagra To The Unemployed

In this economy, a lot of people are suffering, but at least one corporate giant doesn’t think our sex lives should. Pharmaceutical company Pfizer announced it will give “free prescription drugs — including its anti-impotence drug, Viagra — to people who no longer have jobs and health insurance.” Pfizer is offering about 70 other prescription drugs, which will all be available for free for up to a year to anyone who has been laid off since January 1st. But sorry, guys — to qualify, you need to have already been taking the drugs before you lost your job. [via NYDailyNews] Keep reading »

Would The Financial Crisis Have Happened If More Women Were In Charge?

As we’re all trying to figure out what went wrong in our banking system to cause the recession we’re in, we’re blaming just about anyone and everyone involved, especially the men at the top. Yes, I said the men. Not many of the folks getting blamed on the news are women, so it leads us to wonder, would we be in this position if there had been more women leading the banking industry?

German news magazine Der Spiegel interviewed Mary Ellen Iskenderian, the president and CEO of Women’s World Banking, an international micro-finance organization, and she addressed this. While she didn’t come out and say the recession wouldn’t have happened if women were in charge, she does say the story line might have played out differently… Keep reading »

Is Playboy Screwed?

If there’s one thing we’ve learned during the recession, it’s that sex still sells. Sex workers are pulling in the big bucks, the online porn business is booming, and the sex toy industry is thriving. The only person not reaping the rewards? Hugh Hefner. Playboy has hit a major slump, reporting a loss of $13.7 million this quarter as advertising dipped 26 percent. The magazine is considering raising their $5.99 cover price and reducing the frequency and circulation of the magazine. Interestingly, the magazine represents less than a quarter of the company’s total revenue, which has insiders speculating that Hefner will offset its losses and keep it afloat despite its decline. Regardless, major changes are in store. Last week, we told you that photographer Terry Richardson shot a recent cover, giving the magazine some much needed edge, and this week Heidi Montag Pratt confirmed she’ll be posing for the magazine, all in hopes of boosting newsstand sales. Keep reading »

Recessionista Report: Destination Weddings, Health Costs, And Domestic Abuse

  • Destination Weddings: A growing number of couples are choosing to say “I do” under the Caribbean sun, rather than having a traditional wedding in their hometown, even though we’re in a recession. A survey by Destination Weddings predicts the destination wedding industry will grow to $16 billion this year, compared with $13 billion last year and $3 billion in 2001. A destination wedding at an all-inclusive resort can be cheaper than a traditional wedding. “Weddings at home tend to be larger,” said Cathy Preece, a tourism industry expert who represents the Caribbean island of St. Kitts. “Brides who are here have their mother who says you have to invite this person and this person.” But the couple having a destination wedding tends to only invite close family and friends — 48 guests, on average. Unfortunately, destinations that are farther away haven’t had the surge that the Caribbean, Mexico, and Florida have enjoyed. [Reuters]
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    Quick Pic: Has The Recession Really Come To This?

    Have we been hit so hard by the recession that women have started making tank tops from men’s briefs? We hope not. Keep reading »

    Quickies!: The Men Of No Doubt Still Look Like Sidekicks

  • The guys of No Doubt looked like orderlies at a mental institution while performing on “Today” this morning. [Dlisted] — They couldn’t fit into the Harajuku Girls’ costumes, so they had to rob a cricket team.
  • Hayden Panettiere might join Chace Crawford in the “Footloose” remake. [Perez Hilton] — Good thing because the “Heroes” ship is sinking.
  • “9 to 5: The Musical” opened last night, and the stars of the movie, Dolly Parton, Lily Tomlin, and Jane Fonda, attended. [Pop Bytes]
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    Home Hair Color Gets A Recession Lift

    Women are foregoing pricey salon hair dye jobs, choosing instead to color their hair at home. At home hair color, like red lipstick, is getting a push from the recession. Fifteen percent of 1,000 American women surveyed by a market research firm said now they color at home instead of having it done professionally. Sales of Clairol Root Touch-Up have increased by 20 percent over the last year, according to another survey. Obviously, ladies still want to look good, even if their discretionary income has dwindled. At-home coloring isn’t foolproof and causes some women to quake in their stilettos, but experts say that when used properly, hair dye from a box can yield professional results. Check out seven tips for coloring your hair at home after the jump. [The New York Times] Keep reading »

    The Upside Of Being Single In A Recession

    As a single person, it sometimes feels as if the world is partial to couples. Perhaps you’re like me—tired of checking that “single” box on your tax return while your married counterparts file jointly and gleefully claim dependents. You see a family buying in bulk at the supermarket and wish you could take such cost-saving measures without having to eat spaghetti every night for a month. Or you wonder what you’d do with the extra cash if your rent was suddenly halved.

    Sure, families get tax breaks and cohabitaters have lower living expenses, but there are some financial upsides to being on your own, especially during an economic downturn. The truth is, with fewer responsibilities, singles are freer to take risks and find novel ways of coping with the stress of a Great Recession. Finally, the singletons have some advantages. Keep reading »

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