ConLogic
Economic And Intellectual Girondism for 21st Century America
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Photo reblogged from Money Is Not Important
What’s your definition of wealth?
I read an interesting post today, and the author defined wealth as this:
If you have enough assets plus passive income to cover your personal lifestyle expenses for the rest of your life, and that money allows you to work at something you love – without concern for the amount of compensation – then you are wealthy.
That’s a pretty spot on definition, in my opinion. Of course, it’s talking about wealth purely from a monetary standpoint. Anything you’d add to it?
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Photo reblogged from Pantsless Progressive
“I donate to charity mostly for the tax breaks and I’m going to donate less now that the deal looks worse for me” is probably near the top of the list of things rich people would do better just keeping to themselves.
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Link reblogged from ParisLemon
Susan Crawford for Bloomberg:
The Internet has taken the place of the telephone as the world’s basic, general-purpose, two-way communication medium. All Americans need high-speed access, just as they need clean water, clean air and electricity. But they have allowed a naive belief in the power and beneficence of the free market to cloud their vision. As things stand, the U.S. has the worst of both worlds: no competition and no regulation.
Such an important and easy-to-understand post. Essentially, the U.S. has fallen behind (and continues to fall behind) in high speed internet access because of deregulation gone-bad. It allowed greedy dickbags (the cable companies) to do what they do best (perfect being greedy dickbags).
Just read about how many millions of dollars each of them spend in lobbying to ensure that communities continue to have to pay them (many more) millions for sub-par service. Total. Fucking. Dickbags.
I hope Google (or someone) succeeds in their (insanely expensive) end-around approach. Because it’s pretty clear the government isn’t going to do shit at this point. I wrote this post almost three years ago — what has changed in the meantime? Absolutely nothing. It’s gotten worse. And it will keep getting worse.
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America’s Income Gap In A Single Picture
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Maybe the NRA will spring for turrets on the top of fire engines nationwide. What a mess. Washington is unable to come up with a common sense approach to our budget, spending, and taxing; how are they ever going to come up with an intelligent gun control policy? The better questions may be: do they want to? are they smart enough to?.
