Category Archives: economics

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

Posted in economics, horrfied, impressed, Los Angeles, politics | Tagged | Comments Off on Bank Transfer Day: November 5, 2011

/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

Posted in economics, impressed, politics | Tagged , | Comments Off on /Declare

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

Posted in economics, horrfied | Comments Off on 3 million jobs for 14 million unemployed is tragically absurd

*()$%_@#_@&

“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

Posted in annoyed, California, economics, horrfied, politics | 1 Comment

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

Posted in California, economics, news, politics | Comments Off on Jerry Brown on the job

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

Posted in economics | Comments Off on The grocery strike

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

Posted in California, delighted, economics, impressed, Los Angeles, politics | Comments Off on Jerry Brown vs. Corporate Taxzilla

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

Posted in economics | Comments Off on Tuscon AZ housing bust

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

Posted in amused, economics | Comments Off on The internet eats the seed corn

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

Posted in California, economics, politics | 1 Comment

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

Posted in California, economics, politics | 2 Comments

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

Posted in California, economics, politics | Comments Off on Oh, so that’s where all the wealth went

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

Posted in economics, politics | Comments Off on We should do this, too

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

Posted in amused, economics | Comments Off on Paul Krugman interview and five books

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

Posted in economics, politics | Comments Off on Our economy just doesn’t reward savers

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.

Posted in California, economics, politics | Tagged | Comments Off on The Republican’s California of the Future

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

Posted in amused, economics, politics | Comments Off on Tom Toles as R.D. Laing

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

Posted in California, economics, politics | 1 Comment

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

Posted in annoyed, California, economics, politics | Comments Off on Crash Taxes! Coming to your city soon!

Prop 13 on commercial property: destroyer of California

Well, one of the destroyers of California, but, no, I’m not kidding. “The failure to tax commercial property properly is anticompetitive. Companies which compete against each other have wildly different property taxes, not because of their location or value, but … Continue reading

Posted in California, economics, politics | Comments Off on Prop 13 on commercial property: destroyer of California

Only the very very rich matter in America now

Sigh. Why do the comics have to tell us this (again)? On the other hand, once we all know this is true, we can get on with breaking the U.S. into smaller and better countries. I really think that’s the … Continue reading

Posted in comics, economics, horrfied, politics, war | Comments Off on Only the very very rich matter in America now

It’s time that this country began to tax fairly and invest wisely

Rep Becerra does the math: “TAX CUTS FOR THE WEALTHY…WHAT ELSE COULD $60 BILLION A YEAR DO FOR AMERICA? Every year, the Bush tax cuts on income above $250,000 cost the rest of us about $60 billion. That includes interest … Continue reading

Posted in economics, impressed, politics | Comments Off on It’s time that this country began to tax fairly and invest wisely

Medicare for all

“RICHMOND, Va. (AP) — A federal judge declared the foundation of President Barack Obama’s health care law unconstitutional today, ruling that the government cannot require Americans to purchase insurance. The case is expected to end up at the Supreme Court.” … Continue reading

Posted in economics, health, politics | Comments Off on Medicare for all

Bernie Sanders is right

But what is to be done within the present system? Not much.

Posted in economics, impressed, politics | Comments Off on Bernie Sanders is right

Random Roundup

Kim Jong-Il Looking at Things and does he evah. (I really should stay the hell away from Tumblr blogs) Obama: What happened to the guy named Obama who wanted to lift the cap on Social Security contributions? L.A. Unified project … Continue reading

Posted in amused, annoyed, California, economics, Los Angeles, politics | Comments Off on Random Roundup

The economy is to serve the people, not the people to serve the economy

“The economy is to serve the people, not the people to serve the economy — Manfred Max-Neef” “Acclaimed economist Manfred Max-Neef, author of the award-winning book From the Outside Looking in: Experiences in ‘Barefoot Economics’ recently appeared in a must-see … Continue reading

Posted in economics | Comments Off on The economy is to serve the people, not the people to serve the economy

This is what’s wrong with capitalism, episode 6,846

1,700 workers are out of luck. “‘Strong demand for our services resulted in higher volumes and better revenue per shipment at FedEx Express and FedEx Ground,’ said Chairman, President and CEO Frederick Smith. ‘This increased demand comes from improved global … Continue reading

Posted in annoyed, economics | 1 Comment

Will do to CA what she did to HP

Which was not good: “‘Q: You cut jobs at HP, you know what it’s like to cut jobs, you made tough choices – so are you saying that you want to go to Washington, DC to cut jobs? Is that … Continue reading

Posted in annoyed, California, economics, horrfied, politics | Comments Off on Will do to CA what she did to HP

Makes wonderful archival never-yellows paper, too (I’m told)

“The 200,000-member United Food and Commercial Workers, Western States Council, on Wednesday announced its support for Proposition 19, the initiative to legalize marijuana in California. “‘The Western States Council is endorsing Proposition 19 based upon our previous support of the … Continue reading

Posted in amused, California, economics, politics | Comments Off on Makes wonderful archival never-yellows paper, too (I’m told)

Soon we won’t even be able to say “Thank God for Mississippi”

“California is winning a race to the bottom and our children are paying the price. The report finds that, when compared to other states, California ranks: • 50th in student to teacher ratios, with 21.3:1 compared to a national average … Continue reading

Posted in annoyed, California, economics, horrfied, politics | Comments Off on Soon we won’t even be able to say “Thank God for Mississippi”