Great chart on how this country has achieved the infamous 47% who don’t pay income tax. My take would be the rise of globalization, along with the centralization of wealth in a financial based economy is leading to the growing population of have-nots. Read the whole article here. http://www.businessinsider.com/bush-tax-cuts-helped-create-the-47-2012-9 .
Here is a great example of an advertisement for Ambien masked as a new article. http://www.youtube.com/watch?v=hTKL0LM3eIY Ask yourself a couple questions after seeing this: 1. Is the revelation that a US Navy Seal took Ambien on his flight from America to Pakistan a big revelation worthy of a 3 minute news story? 2. Is the message […]
Interesting, but long article on Elon Musk . If you dont want to read the whole article, at least check out page 5. http://www.businessweek.com/articles/2012-09-13/elon-musk-the-21st-century-industrialist#p5 Elon Musk has a couple ideas for a quantum leap in travel. Who knows, he may be on to something, or he may be just hyping something to attract investor dollars to […]
So I am confused. Conventional economic wisdom has it that spiraling government debt will lead to massive inflation. It seems to make sense -the more money you print the less its worth so the more people want in compensation for goods and services. I like to look to Japan for answers, since they seem to […]