Category Archives: economics

Stop the thieving California heath insurance companies now

Okay, this video is funny, informative, and hard hitting. But this new way of gathering petition signatures is brilliant. Please do what I did and go to Justify Their Rates (justifyrates.org), get this petition (pdf), sign it and send it … Continue reading

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People of America – your tax dollars at work

Keeping the internet safe so Hollywood can make more money by making more crap. “The U.S. government recently shut down file-sharing giant Megaupload. The shut down of the site caused millions of its users and fans lonely days and broken … Continue reading

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CEO Compensation Bubble

Like many things, compensating CEOs and managers on the success of the stock seemed like a good idea, but it doesn’t take into account performance and luck and is inherently unfair, so it has to go. Unfortunately, it rewards the … Continue reading

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Death, Taxes, Facebook, y’know…

“WHEN Facebook goes public later this year, Mark Zuckerberg plans to exercise stock options worth $5 billion of the $28 billion that his ownership stake will be worth. The $5 billion he will receive upon exercising those options will be … Continue reading

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Welcome, Europe, to the 3rd World Debt Model

Understanding the European Debt Crisis because it matters: Punk Economics, Lesson 1, by David McWilliams This will make you feel all puffed up and glad to be an American…for about five minutes. (via, oh, I can’t remember, EconoSpeak, I think)

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The Mayerson SOP: section 161, subpart a-56.26 and .27

161.a-56 Life is uncertain. 161.a-56.26 Be prepared. 161.a-56.27 Always eat dessert first. And I’m as pleased as I am shocked by this podcast: “Jenny talks with Tom about how married women can better prepare themselves financially for a divorce. Some … Continue reading

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“Dear Atlas,”

“Fucking SHRUG already. “The suspense is killing us. “We, the Ninety Nine Percent of all American citizens, who are now in OPEN REVOLT against what is no longer a democratic government answerable to the People, have been waiting for the … Continue reading

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I hate Reagan, episode 69,468 squared

If this chart doesn’t make you see red, there’s something wrong with you: “The following chart tells the story. It shows inflation-adjusted GDP per capita and median family income from 1947 (the earliest year for which the income data are … Continue reading

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If they won’t go away, they should at least cough up some dough

Geeze, either or, folks, either or. Tell Kim Kardashian (and the rest of them [GM]) to endorse the millionaires tax (or go away [GM]) Oh, and then there’s the question of paying decent taxes on ill-gotten gains and possibly doing … Continue reading

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Celebrate Small Business Saturday

(And Buy Nothing Day Friday) Small Business Saturday. Not sure why AmExp is involved and all the links go to Facebook (I’ll be rebooting right after I post this), just fyi. Here’s my list in no particular order of favorite … Continue reading

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Why we live the way we live now in California

“First, as something of a preface, let’s just posit that Prop 13 has been an overall disaster for the state. After all, this is a progressive blog. If you want details of how that is the case, well, just use … Continue reading

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Bank Transfer Day: November 5, 2011

Bank Transfer Day and an interview podcast with the founder, Kristen Christian. She’s with Los Angeles Federal Credit Union, which is open to any Los Angeles resident. They have walk-in branches or you can open an account via their website. … Continue reading

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/Declare

You know I hate deregulation but if it can lead to innovative online financial instruments like these (like deregulation SHOULD), I might have to rethink my opinion. Note: As with ANYTHING you do with your money, do lots of research … Continue reading

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3 million jobs for 14 million unemployed is tragically absurd

“Labor Secretary Hilda Solis on Thursday announced a partnership with Facebook designed to connect the jobless with companies that are hiring. The Social Jobs Partnership will aggregate a variety of existing, but often little-known, job-search services on a new Facebook … Continue reading

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*()$%_@#_@&

“After failing to get enough votes for passage of a last-minute, $1-billion tax package, Gov. Jerry Brown Friday night accused some legislators of bowing to special interests at the expense of California taxpayers. “Brown had proposed ending a provision that … Continue reading

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Jerry Brown on the job

09/10/2011 update: In a statement, Brown said: “It’s unbelievable that so many politicians in Sacramento would choose to help cigarette makers and other out-of-state companies at the expense of California jobs.”. I think you mean “MORONS in Sacramento,” Jerry. Nice … Continue reading

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The grocery strike

“According to officials for Ralphs, Albertsons and Vons, employees will be required to pay $9 a week for single coverage, while the cost of family coverage under the proposal would be $23. “The health-care proposal would maintain the current prescription … Continue reading

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Jerry Brown vs. Corporate Taxzilla

Whoo-hoo! Jerry Brown is about to rock the state! In a good way. “Gov. Jerry Brown has a new tax proposal to sell the Legislature: raise levies on some large out-of-state corporations in exchange for new sales-tax exemptions for companies … Continue reading

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Tuscon AZ housing bust

Now might be the time to buy that retirement home in Tuscon. “1. Tucson, AZ > Homeowner vacancy rates: 6.8% (1st) > Rental vacancy rates: 15.9% (6th) > Total housing units: 440,909 > Unemployment: 7.8% “Tucson’s homeowner vacancy rate was … Continue reading

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The internet eats the seed corn

Robert Levine interview about this book “Free Ride – How the Digital Parasites Are Destroying the Culture Business, and How the Culture Business Can Fight Back” published by giant publisher Random House. I wish I could embed this video, but … Continue reading

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An overdue just law and recall insurance

“With the stroke of a pen, Governor Brown can start fixing California’s broken ballot-measure system this week. “A bill that would ban paying per-signature ‘bounty’ payments to petition signature-gatherers – Sen. Ellen Corbett’s SB 168, which my organization is sponsoring … Continue reading

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Tax Justice in Hawaiian shirts

The Amazon vs. California Taxes, Round 2.648: How dare Amazon use our messed up referendum for their own selfish gain. Well, okay, that’s all our referendum system is used for, but how dare Amazon use it for that. Geeze, that’s…that’s … Continue reading

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Oh, so that’s where all the wealth went

“Corporations saw their income rise by 400% from 2001 to 2008. The average growth in wages and income for everyone else in the state was about 25%. That’s unequal and unjust. “The corporations have our money, and it’s time we … Continue reading

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We should do this, too

“‘As a member of the EU and as a high-income country, despite current difficulties, Greece’s growth cannot be based on being a manufacturing hub for simple products produced with low wages. A high-quality tourism sector will remain central in Greece’s … Continue reading

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Paul Krugman interview and five books

“This is a very unusual set of novels from Isaac Asimov, but a classic. It’s not about gadgets. Although it’s supposed to be about a galactic civilisation, the technology is virtually invisible and it’s not about space battles or anything … Continue reading

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Our economy just doesn’t reward savers

“Letter from the CEO (of my credit union) “I’ve taken calls from members over the past several months looking to negotiate deposit rates. I can understand these calls right now; our deposit rates are at the lowest they’ve been in … Continue reading

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The Republican’s California of the Future

The near future if the CA Repubs don’t vote to extend the existing taxes for another five years. Oh well. Details.

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Tom Toles as R.D. Laing

“But people only want small cars when gas is expensive! And it wasn’t expensive before! Of course, we could have raised gasoline taxes and reduced the deficit. Reducing the deficit is the thing that everybody says they want more than … Continue reading

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Abolish the death penalty in CA and save $$$!

“In California, for example, a 2008 report showed that the $137 million annual cost of maintaining the criminal justice system would drop to just $11.5 million annually if the death sentence were abolished.” Illinois House Votes to End Death Penalty: … Continue reading

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Crash Taxes! Coming to your city soon!

“‘Sacramento, with nearly half a million residents, soon could be the largest city in California to do so. The City Council has scheduled a vote next month to establish what it’s calling a ‘fire cost recovery charge.’ The fee would … Continue reading

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