corporations own you , your name in all caps, and your social security number. i am anti capitalist/fascism , (whatever you call it), and i reflect that with lower case letters in my websites headings. this is my own personal protest against the ptb. grrrr poorrichard's blog
The Center of the Universe Males over 20 working – shocking when compared to the 50s Posted by WARREN MOSLER on January 17th, 2014 and the next thing they are going to tell us is that black males age more quickly than white males… they would’t recognize a lack of aggregate demand if it jumped up and put everyone out of work…
The Original db Burger I can’t pinpoint the specific instance when I decided I would spend the rest of my life in New York. There were many: spring break my freshmen year and I was absolutely electrified by the buzz of the city. Or my semester abroad junior year, reading Anthony Bourdain’s Kitchen Confidential. Perhaps it was the Wednesdays when I religiously picked up the New York Times for its dining section. The Importance of Salt
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Gauti Eggertson and Neil Mehotra have an interesting new paper: A Model of Secular Stagnation, by Gauti Eggertsson and Neil Mehrotra: 1 Introduction During the closing phase of the Great Depression in 1938, the President of the American Economic Association, Alvin Hansen, delivered a disturbing message in his Presidential Address to the Association (see Hansen ( 1939 )). He suggested that the Great Depression might just be the start of a new era of ongoing unemployment and economic stagnation without any natural force towards full employment. This idea was termed the ”secular stagnation” hypothesis. One of the main driving forces of secular stagnation, according to Hansen, was a decline in the population birth rate and an oversupply of savings that was suppressing aggregate demand. Soon after Hansen’s address, the Second World War led to a massive increase in government spending effectively end- ing any concern of insufficient demand.
The issue of same-sex marriage will arrive at the United States Supreme Court this spring in a pair high profile cases. The first, Hollingsworth v. Perry, considers the constitutionality of California's Proposition 8, a 2008 ballot initiative which amended California's constitution to prohibit same-sex marriage, effectively over-ruling a state Supreme Court decision which held that California's constitution required allowing same-sex couple to marry along with opposite-sex couples. On Tuesday, a group of Californians who support Proposition 8 filed their brief on the merits, asking the Supreme Court to reverse the 9th Circuit Court of Appeals's decision invalidating the voter-approved measure. The case will be argued on March 23. The second, United States v. Pipes and Theories
I had jury service this week. I don’t like jury service. I NEVER like jury service. I groan when I see the summons. And I groan again when I call and find out that I’m confirmed to appear at the courthouse on whatever day during the week. Oh, I’m prepared to do my duty. Start Thinking Right
Sir, as an Executive Director in the World Bank, 2002-2004, during the Basel II discussions, with respect to big banks I said: “Knowing that “the larger they are, the harder they fall” if I were regulator, I would be thinking about a progressive tax on size”. That said many questions come to mind. First, if there is a tax on liabilities, who will pay for it the most, borrowers by means of higher interests, or depositors by means of lower interests? And, since what equity holders are really out after is high returns on their equity, and these are much obtained through leverage, it would not seem like these taxes would be able to sufficiently substitute for regulations that limits bank leverage. Tea with FT
07 Apr 2014 Easily Unsubscribe from all LinkedIn Emails LinkedIn, the social network for professionals, sends too many email notifications and they also make it difficult for you to unsubscribe from these emails. There’s an easy workaround though. The 10 HTML Codes You Need to Know for Writing on the Web
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As we alluded to earlier, there is a battle taking place in the oil markets at the moment. On one side there are conventional oil producers like Opec members desperate to stop oil prices from following the declining trajectory of the wider commodity complex. On the other side there are the new US shale oil producers, who — due to the US export ban — are unable to capture the full earnings potential of their production (on account of an inability to tap foreign bids directly). The problem for Opec types is that the break-even rates they seek to defend are now too high to prevent the new class of producer from being incentivised to keep producing.
by David Corn | Mother Jones | Thu Apr. 10, 2014 Snip - Rand Paul has not yet fully jumped into this fiery fray [of declassifying CIA torture documents] (though he did praise Feinstein when he recently gave a speech in Berkeley, California). But when he was at the start of his Senate campaign in May 2009, he appeared on the Antiwar Radio show hosted by Scott Horton, who in 2004 was a foreign policy adviser to the Libertarian Party's presidential candidate.