Fashion Spot: Lucky Magazine

(On the cover of October 2011 issue: Rachel Weisz)

We just came across some fabulous deals on Lucky Magazine's website. While we love fashion like the next, we will say when something is gawdly awful even if it's a trend.

Until then, click here to get the deals of the day which range from 50 percent off on shoes, accessories and scents. You're welcome.

The Debt Ceiling, Hopefully No Longer Crumbling

President Obama and the Congressional folks have hopefully finally cut a deal to prevent the U.S. going into default. This deal will also immediately cut some spending now and more in the future by "super Congress." If they're trying to market themselves as superheroes, I ain't buying.

The first initial cuts would equal $917 billion over ten years which will permit the Pres to raise the debt cap by $900 billion, which is now at $14.3 trillion bucks. No word on why House Speaker John Boehner told his peeps that figure during his presentation as the Dems said the figure for the first cuts is closer to a trillion.

The next set of cuts for $1.5 trillion, would be decided by an evenly divided committee of 12 lawmaker dudes between the two parties. These cuts would need to be shown by Thanksgiving. Let's hope the spirit of the holiday puts these suits in a festive mood.

Some peeps feel President Obama got one victory out of this and that is the second round of cuts don't go into effect until 2013. This is when Bush's expire. This will in turn have a new round of deficit reduction that is all cuts with no revenues. Which means this will give the White House what it was unable to do last year. It will give the White House a leg to stand on in ending tax cuts on the rich.

However President Obama is not too happy with this super committee of 12 lawmakers as he feels all cuts should have been accomplished. In other words, why wait, let's get to it! White House officials also say there will be no unemployment extensions in the final package of this deal. Obama's administration had protested an extension be apart of the deal when negotiating with Boehner. However when those talks crumbled, unfortunately so did the unemployment insurance. According to HuffPost Politics, a Sr. aide in Obama's camp claims the President will continue to fight for the extension in the months to come.

Football No Longer Locked Out, C'Mon Man

As if we thought they wouldn't work this out by the first kick off. There was way too much money at stake. According to CNN's, This Just In, the NFL has finally reached a new labor deal ending the lock out.

A conference call is to take place says Sports Illustrated writer, Peter King, to hash out the formality of the 32 player representatives and the NFL approving this deal. This formality is not a big deal and all involved assume this will get the sign off.

This battle has been an existence (this year) since March. Some of the major issues between the players and the suits are: rules of free agency, figuring out how to divide 9 billion bucks of revenue the league receives each year, retirement benefits, the possibility of a rookie wage scale, etc.

Regarding the revenue in the old agreement, the owners (aka the suits) took $1 billion off the top and the players received around 60%. The suits said that old deal didn't show the rising costs in relation to promoting the game and building stadiums. Players argued the league has not sufficiently opened up its books to prove this.

ARE YOU READY FOR SOME FOOTBALL!